Business
Three Cargill Innovations Win the Prestigious 2024 Edison Awards
For the second consecutive year, Cargill is honored to win three 2024 Edison Awards for innovations in Smart Transportation, Health & Beauty Care Solutions and Social & Cultural Impact – Environmental Solutions.
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Il Granaio delle Idee and Ginkgo Bioworks to Optimize Sourdough Strains for Bakery Products
Il Granaio delle Idee (IGDI), an innovative international developer and provider of clean label baking ingredients, and Ginkgo Bioworks, which is building the leading platform for cell programming and biosecurity, today announced a new…
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pladis adds GODIVA to its GBP3bn portfolio of iconic brands
pladis, one of the world’s fastest growing snacking companies, has announced the integration of the GODIVA brand into its portfolio, where it will sit alongside other iconic brands steeped in history, including Ülker, BN, McVitie’s, Carr’s…
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Grupo Bimbo Names New CEO and Executive Chair
Grupo Bimbo names Rafael Pamias CEO and former CEO Daniel Servitje becomes Executive Chair, effective May 1, 2024. With these changes, the company is looking to improve its corporate governance and strategic supervision, while strengthening…
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BRIDOR Acquires Organic Bakery PANDRIKS
BRIDOR, subsidiary of LE DUFF Group, announced the acquisition of PANDRIKS Holding B.V., a company that makes organic and artisanal inspired bakery products. Founded in the Netherlands in 2012, PANDRIKS makes artisanal inspired bakery…
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Turpaz Appoints Martin Stiegler as Chief Commercial Officer of Flavors Europe
Turpaz Industries, which develops, manufactures, markets and sells both directly and via its subsidiaries fragrances, sweet and savory flavors and specialty fine ingredients, announces today the appointment of Martin Stiegler as Chief…
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dsm-firmenich Opens Applications for Flavorist School’s Class of 2025
dsm-firmenich has opened the application process for its flavorist school’s class of 2025. This world-class training school is set to lead the next era of flavor innovation and culinary excellence. From April 12 to May 1, aspiring…
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J&J Snack Foods Acquires Thinsters
J&J Snack Foods Corp., a leader and innovator in the snack food industry, announced its acquisition of Thinsters, the crunchy cookie made with real, simple ingredients, from The Hain Celestial Group. Thinsters are thin, crunchy,…
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Bako Group Acquires Finlay’s Food
Bako Group Limited announced the acquisition of James A.S. Finlay (Holdings) Limited (Finlay’s Food), for an undisclosed amount. The deal was brokered by Oghma Partners, the corporate finance house to the consumer industries. Founded in…
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Cargill Partners with Voyage Foods to Scale Up Alternatives to Cocoa-based Products to Meet…
Cargill announced a new commercial partnership with Voyage Foods to scale up and deliver more sustainable alternatives to cocoa-based products along with nut spreads without their traditional ingredients - peanuts & hazelnuts.
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Givaudan, MISTA, Bühler Open New Extrusion Hub
Givaudan, the global leader in Taste & Wellbeing, MISTA, the world’s leading food innovation platform, and Bühler, a global technology partner for the food, feed, and mobility industries, announce the opening of a state-of-the-art…
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Cocoa Prices Reached New Heights at USD10,000 per ton
Euronews reports that cocoa prices briefly surged to all-time highs on Tuesday, touching over USD10,000 per ton, before settling back at $9,622 per ton on Wednesday morning, following disappointing harvests in key cocoa-producing countries…
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CSM Ingredients Launched a Food Innovation Incubator
CSM Ingredients – a global player in research, innovation and production of food ingredients, part of the Ingredient-Tech Platform together with HIFOOD, Italcanditi Group and Parker Food Group – has launched Generate, its new incubator of…
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McDonald’s and Krispy Kreme Go National in the US with their Partnership
McDonald’s and Krispy Kreme are expanding their donut partnership to all McDonald’s restaurants in the United States. The expansion will begin during the second half of 2024 and is expected to be completed by the end of 2026. “Since the…
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Mars Invests Over USD70m in New Jersey Site
Mars announced an investment of more than USD70m in its Hackettstown, New Jersey site to continue its legacy of best-in-class innovation and manufacturing. This latest major economic development from Mars supports a Research and Development…
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Bühler’s Grain Innovation Center Construction Enters Final Stage
Bühler’s new Grain Innovation Center (GIC) in Uzwil (Switzerland) is nearing completion, announced the company. The new facility will become the successor of Bühler’s Grain Technology Center, which has served the milling industry since…
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dsm-firmenich Opens State-of-the-art Facility in US to Help Customers Scale Up their Innovative Food…
dsm-firmenich, innovators in nutrition, health and beauty, has opened a new pilot plant in Plainsboro, New Jersey designed to enable collaboration with customers. The pilot facility is part of dsm-firmenich's Taste, Texture & Health…
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ADM Announces USD1bn Accelerated Share Repurchase Agreement
ADM announced that it has entered into an accelerated share repurchase (ASR) agreement with delayed share delivery with Merrill Lynch International, an affiliate of BofA Securities, Inc., to repurchase USD1bn of ADM’s common stock.
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