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CP Kelco to increase gellan gum capacity at Oklahoma facility
Global nature-based ingredient solutions provider CP Kelco is set to expand its gellan gum production capacity in the US to meet growing demand.
Oregon Potato Company to acquire assets of Norpac Foods
US-based Oregon Potato Company (OPC) has entered an agreement to acquire all of Norpac Foods' assets for an undisclosed sum.
UK’s Real Good Food secures credit facility from Leumi
UK-based bakery and ingredients group Real Good Food has secured a credit facility from Leumi ABL (Leumi) to repay debt.
Simply Good Foods to acquire food company Quest Nutrition for $1bn
US-based nutritional foods and snacking products developer Simply Good Foods has signed a definitive agreement to acquire lifestyle food company Quest Nutrition in a deal valued at $1bn.
Cargill to open Innovation Lab at University of Illinois campus
Global food company Cargill has partnered with the University of Illinois at Urbana-Champaign in the US to open an Innovation Lab.
Orkla to acquire stake in Iceland’s chocolate brand Nói-Siríus
Orkla, a supplier of branded consumer goods, has signed an agreement to acquire a 20% stake in Icelandic chocolate and confectionery manufacturer Nói-Siríus.
Indian biscuit maker Parle likely to lay-off 10,000 employees
Indian biscuits and confectionery manufacturer Parle Products will potentially lay-off almost 10,000 employees due to falling demand for its products.
Del Monte Pacific to restructure US subsidiary supply chain
Food and beverage company Del Monte Pacific has announced plans to restructure the supply chain of its US subsidiary Del Monte Foods.
Tip Top Poultry recalls RTE chicken products in US
US-based Tip Top Poultry is recalling 135,810lb of fully cooked chicken products as they may have been contaminated with listeria monocytogenes.
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