Mondelēz International has announced a new commitment to make all packaging recyclable and provide recycling information by 2025. The company will work in partnerships so that packaging can be collected and recycled in markets around the world. This new commitment is part of the company’s strategy for a circular packaging economy and will help deliver […]
Nestlé is implementing an accelerated long-term value creation strategy. The company expects to see sustained future revenue growth from investing in its brands and innovation. Speaking to FoodIngredientsFirst, Christoph Meier, Global Head of Media Relations at Nestlé says: “Consumer behavior and expectations are changing at a fast pace. Consumers are more interested in nutrition, health […]
Global flavors and fragrance company, Givaudan, has completed the acquisition of 40.5 percent of the share capital of Naturex at a price of €135 per share as announced on March 26, 2018 for a total consideration of €522 million. As a result, Givaudan has confirmed its intention to file a mandatory cash tender offer with […]
Flavor and fragrance company Frutarom Industries Ltd. is continuing its roll of acquisitions with an agreement for the purchase of a 70 percent stake in Argentinian companies Meroar SA and Meroaromas SA for US$11.2 million. This marks the second acquisition so far this year, following 20 acquisitions in the past two years and 37 acquisitions […]
French flavours firm Robertet has completed its acquisition of melon extract producer Bionov, bringing products marketed to combat stress and cellulite into its portfolio. Grasseheadquartered fragrance and flavours supplier Robertet said the acquisition of Bionov was in line with its “natural strategy” for its health and beauty division. Bionov – based near Avignon in the south of France – specialises in the production of SuperOxide Dismutase (SOD), a nutrition ingredient extracted from the melon variety Cucumis melo. L . The company describes its ingredient as a “key antioxidant metalloenzyme naturally present in our body”. “SOD is ubiquitous to all forms of life and protects living beings from oxidation for over two billion years,” Bionov writes on its website. Bionov products […]
The federal government has unveiled its strategy designed to mitigate Canada’s burgeoning obesity problem. In a speech in Montreal Oct. 24, Health Minster Jane Philpott said the country’s food labels and its beleaguered food guide are under review. “The classic one-size-fits all guide no longer meets the needs of Canadians,” Philpott said, insisting the new […]
Scotland will publish a new strategy on diet and obesity next year, as new research shows that the average child aged between four and 10 eats around 110,000 calories through “unhealthy, unnecessary snacks” annually. The survey, by Food Standards Scotland (FSS), also shows the average intake of sugary drinks is around 145 cans (48 litres) […]
