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Tag: business

TreeHouse Foods sells soup, infant feeding business to Riverbend Foods

  • By R. Daneel Olivaw
  • 26 April, 2017
  • No Comments

TreeHouse Foods has entered into a definitive agreement to sell its Soup and Infant Feeding (SIF) business to Riverbend Foods, a newly formed portfolio company of Insight Equity, a private … Continue Reading →

Kalsec appoints IMCD to expand business in Europe

  • By R. Daneel Olivaw
  • 10 April, 2017
  • No Comments

Kalsec has appointed IMCD SEE, a leader in the sales, marketing, and distribution of specialty chemicals and food ingredients, as its new channel partner in Southeast Europe. IFT Daily News

DuPont divests crop protection business, acquires FMC Health and Nutrition

  • By R. Daneel Olivaw
  • 5 April, 2017
  • No Comments

FMC and DuPont have signed a definitive agreement for FMC to acquire the portion of DuPont’s crop protection business it must divest to comply with the European Commission ruling related … Continue Reading →

Kellogg exits direct store delivery business to strengthen snacks business

  • By R. Daneel Olivaw
  • 15 February, 2017
  • No Comments

Kellogg has announced it will begin to exit its Direct Store Delivery (DSD) network in the second quarter, transitioning the DSD-distributed portion of the company’s U.S. snacks business to the … Continue Reading →

Symrise signs U.N. business, biodiversity pledge

  • By R. Daneel Olivaw
  • 8 February, 2017
  • No Comments

Symrise has announced it has signed the “Business and Biodiversity Pledge,” a voluntary commitment to the objectives of the United Nations (UN) Convention on Biological Diversity (CBD). IFT Daily News

Mondelēz divests Australian grocery business

  • By R. Daneel Olivaw
  • 24 January, 2017
  • No Comments

Mondelēz International has reached an agreement to sell most of its grocery business in Australia and New Zealand to Bega Cheese for $ 460 million AUD (approximately $ 348 million … Continue Reading →

Lesaffre acquires Sensient’s yeast extract food business

  • By R. Daneel Olivaw
  • 19 January, 2017
  • No Comments

As part of its ongoing expansion strategy in nutrition and health, Lesaffre, a player in the yeasts and fermentation industry, has acquired Sensient’s Strasbourg, France, yeast extract food business and … Continue Reading →

McDonalds cedes control of China business for $2 billion

  • By R. Daneel Olivaw
  • 12 January, 2017
  • No Comments

McDonald’s has announced it is selling off most of its China business in a deal worth $ 2.08 billion. Citic, a massive Chinese financial firm, is taking the majority stake … Continue Reading →

Palsgaard to expand business activities in Brazil

  • By R. Daneel Olivaw
  • 4 January, 2017
  • No Comments

Palsgaard, emulsifier specialist, has acquired the majority of the shares of Brazilian food ingredients company Candon Aditivos para Alimentos in December 2016. IFT Daily News

Hygiena to acquire DuPont’s food safety diagnostics business

  • By R. Daneel Olivaw
  • 20 December, 2016
  • No Comments

DuPont Nutrition & Health and Hygiena, a Warburg Pincus portfolio company that specializes in rapid food safety and environmental sanitation testing, have announced that Hygiena will acquire DuPont’s global food … Continue Reading →

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