Shortly after releasing its 2019 fiscal year earnings, the soup and snack company said it would sell UK-based Kettle Foods and Netherlands-based Yellow Chips to a private equity firm. Valeo Foods, itself owned by CapVest Partners LLC, will onboard Kettle’s chip line after the deal ideally closes later this year – at the end of […]
Etiqueta: portfolio
Glanbia Nutritionals showcases creativity with innovative prototypes
Prototypes feature nutritional super grains Choice Chia Black MP, BevGrad XS, whey protein formulations and more. Leading nutrition specialist, Glanbia Nutritionals, will be presenting its extensive portfolio and applications expertise through a range of innovative prototypes at this year’s Vitafoods Europe. Experts will be on-site to demonstrate how the latest ingredient advances can help to […]
Sugar reformulation: Nestlé strips out billions of calories over three years in UK & Ireland
The amount of sugar in Nestlé’s UK and Irish products has been seriously slashed over the last three years with the equivalent of more than 2.6 billion teaspoons being taken out of products through innovative reformulation. As the demand for low and no-sugar products continues to rise, Nestlé UK and Ireland continue its mission to […]
Nestle cuts sugar from cereal favorites
Nestlé Breakfast Cereals, made by Cereal Partners Worldwide (UK), are set to reduce a further 10 percent of sugar content across its cereal range by the end of 2018. The move will see around 225 million fewer teaspoons of sugar in the nation’s diet as part of an ongoing program to reduce average sugar across […]
Multivac signs MoU with Meyn Food Processing Technology and Cabinplant
Multivac has completed a strategic alliance (Memorandum of Understanding) with Meyn Food Processing Technology and Cabinplant to sell joint processing, filling, weighing and packaging technology. The agreement was announced at Interpack 2017 in Dűsseldorf, Germany, (May 410) where HansJoachim Boekstegers, CEO, Multivac, talked about opening a €20m ($22m) factory in Bulgaria, its subsidiary in the […]
DuPont Nutrition & Health president on mega mergers, startup successes and new product launch plans
Despite its recent mega mergers and billiondollar business deals, DuPont is still very much focused on collaborating with startups. “Not everything has to be invented in our labs,” its nutrition and health president Matthias Heinzel tells FoodNavigator. Heinzel heads up DuPont’s multibillion nutrition and health division which supplies sweeteners, proteins, enzymes, colors, flavors, probiotics and […]