ADM acquires WILD Flavors for $3.1 B
Archer Daniels Midland Co. (ADM) has announced that it is acquiring WILD Flavors GmbH €2.3 billion (approximately $ 3.1 billion). IFT Daily News
Category: IFT
Proposed ASTM standard to cover hedonic product testing
Knowing that potential customers like a product, and possibly prefer it to other products, is a crucial piece of knowledge for a sensory science and marketing research professional of any … Continue Reading →
Omega Protein, RDX Technologies partner to transform waste into fuel
Omega Protein Corp. has announced its partnership with energy company RDX Technologies Corp. to help cut energy costs and decrease fossil fuel consumption by up to 80% at its Reedville, … Continue Reading →
MonoSol breaks ground on new facility in Indiana
MonoSol LLC, a leader in water-soluble delivery systems, has broken ground for on its new production facility, Duneland Site, in Portage, Ind. IFT Daily News
California nut cooperative invests $24 M in almond huller, sheller
Minturn Hullers Co-op of Chowchilla, Calif., has made a $ 24 million investment in a next-generation almond huller and sheller, which will double the cooperative’s capacity just in time for … Continue Reading →
TreeHouse Foods acquires Flagstone Foods for $860 M
TreeHouse Foods Inc. will acquire Flagstone Foods, a provider of private label healthy snacks, for $ 860 million in cash, subject to an adjustment for working capital. IFT Daily News
Great Britain, Russia lead global foodservice traffic growth
Great Britain led the developed markets in foodservice traffic gains and the still young Russian foodservice market continued to increase consumer visits in the first quarter of 2014 compared to … Continue Reading →
Pinnacle Foods cancels deal with Hillshire
Pinnacle Foods Inc. has exercised its right to terminate the merger agreement between the company and The Hillshire Brands Co. announced on May 12, 2014. IFT Daily News
Hormel Foods to acquire CytoSport Holdings for $450 M
Hormel Foods Corp. has entered into a definitive agreement to acquire CytoSport Holdings Inc., maker of Muscle Milk products, for $ 450 million. IFT Daily News
EFSA releases draft opinion on acrylamide in food
The European Food Safety Authority (EFSA) has confirmed previous evaluations that, based on animal studies, acrylamide in food potentially increases the risk of developing cancer for consumers in all age … Continue Reading →