7 February 2019
Cargill introduces palm shortening line for bakery producers
US-based food and agriculture group Cargill has introduced a palm shortening line called PalmAgility for producers of cookies, pies and doughnuts.
US-based food and agriculture group Cargill has introduced a palm shortening line called PalmAgility for producers of cookies, pies and doughnuts.
Unilever has acquired the holding company of Graze, a UK-based snack brand that was set up in 2008 as a snack box delivery service.
Speciality consumer packaged goods manufacturer Saco Foods has acquired California Sun Dry Foods, a major brand of sun-dried tomatoes in the US.
Saudi-based dairy conglomerate Almarai has signed a sales purchase agreement with Alamar Foods to acquire 100% of Premier Foods shares for SAR108m ($28.7m).
Global health and nutrition company Royal DSM has agreed to increase its stake in China’s speciality food ingredient manufacturer Andre Pectin from 29% to 75%.
Export Development Canada (EDC) has announced its investment in P&P Optica (PPO), an Ontario-based firm that uses imaging and machine-learning to assess food composition, quality and detect contamination.
US-based spices and seasoning manufacturer McCormick is collaborating with information technology company International Business Machines (IBM) to use artificial intelligence (AI) for developing new flavour and food products.
Hedge fund firm Paulson & Co has increased its total interest in UK-based Premier Foods from 7% to 11.9%.
Medically supervised weight loss and wellness company Lindora has launched a line of keto-friendly meals under its sub-brand LindoraFresh.
Bühler, Nestlé and Givaudan have launched the Future Food Initiative, a joint research programme between Swiss universities and industrial partners for the development of trend-based, tasty, nutritious and sustainable food...