acquisitions
Kerry taste and nutrition business expands clean label food protection
Irish-based taste and nutrition business Kerry, the Taste & Nutrition company has expanded its clean-label food protection capabilities through the acquisition of two companies IsoAge Technologies and Biosecur Lab Inc.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Processing, Sustainability
Nestlé sells its US ice-cream business in $4 billion deal with Froneri
Global food group Nestlé has confirmed an agreement to sell its U.S. ice cream business to Froneri, an ice cream-focused joint venture that Nestlé created in 2016 with PAI Partners, in a deal put at $4 billion.
Nestlé records nine-month growth amid renewed drive tackling deforestation
The Nestlé group, which manufacturers key confectionery brands including KitKat, has confirmed that for the first nine months of its present financial year, the company has seen 2.9% overall sales growth, to CHF 68.4 billion.
Bühler strengthens its strategic position and continues to grow
The Bühler Group has released its annual results for 2018, revealing continued its positive development following the integration of Haas and creation of its Consumer Foods division.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
US confectionery and bakery sectors benefit from national tax cuts
Ed Zwirn, Keith Nuthall, and Sarah Gibbons report on the major revamp of tax systems in the US that are set to impact on the confectionery sector
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory