Dupont, which earlier in the year warned that its May $6.49bn acquisition of Danisco would dent its yearly profits, has defied expectations in second quarter results published today.
US chemical group DuPont has successfully completed its tender offer for Danisco, as 92.2 percent of outstanding shares in the Danish food ingredients firm were tendered by Friday’s deadline, DuPont said on Monday.
The European Commission today approved DuPont’s €4.5bn offer for Danish probiotics, enzymes and ingredients giant Danisco but the deal remains in doubt as to date only 6% of Danisco shareholders have accepted the offer.
Scandinavian ingredients giant Danisco has signed a “long term” deal to market globally the free and esterified phytosterol offerings of US firm Arboris.
DuPont has extended its $6.3bn takeover bid for Danish biotech firm Danisco for the second time, after holders of only six percent of Danisco’s shares have accepted the offer.
DuPont expects to become a ‘premier specialty food ingredients provider’ as a result of acquiring Danisco, and expects it to be particularly complementary to its Solae soy protein business.
Danisco is to be snapped up by DuPont for $6.3bn, in a deal Dupont says could create a global leader in industrial biotech – and help drive science-based solutions to the world’s food and fuel challenges.
A new study on betaine has added to the science backing the ingredient’s sports nutrition benefits, demonstrating that supplementation for two weeks helped improve power and force.
Danisco and YoCream are claiming a US first with the launch of a frozen yoghurt product containing Howaru Dophilus probiotic cultures, which have been clinically researched for digestive health benefits.
Danisco’s betaine ingredient is generating growing interest in the US for its performance enhancing properties, with the sports nutrition market now accounting for the majority of the ingredient’s sales just over a year after its launch.
Connie Sindelar, probiotic format development manager at Danisco tells NutraIngredients-USA.com about formulation challenges involved in using the healthy bacteria.
Rumour, according to the Romans, is a feathered beast with a myriad eyes and tongues. Last week she went bristling through the Danish business pages, spreading the news that Danisco could be bought by a private equity firm.
Danisco is launching a new protobiotic fortification for milk products in North America, which targets the market for immune-boosting children's products.
A blooming probiotic market in South America has given Danisco the
chance for strong growth in the region as companies there are
increasingly seeking solutions from its cultures.
Naturex has unveiled new websites for the branded health
ingredients in its Nat'Life division, to give end consumers in
Italy, Spain and Germany information on the brands in their own
languages.
Ingredients company Danisco is responding to growing markets in
India with the opening of two new manufacturing units focusing on
functional systems and enzymes.
In a drive to spread the message on the benefits of prebiotics and
probiotics for digestive health and immunity, Danisco USA held a
symposium on the science behind these ingredients.
Strain stability and further development of new health benefits are
the two main drivers which will push probiotics further into the
food industry, the president of Danisco Cultures has said.
Danisco is marketing its Grinstead IcePro stabilizer systems to
help manufacturers avoiding being stung by volatile prices in the
dairy sector, reducing the need for butterfat and dairy solid
content.
The strength of Danisco Cultures is reflected in the company's
financial report for the first nine months of 2006/7, in which the
division helped drive organic growth for both Bioingredients and
its overarching Ingredients sector.
Danisco has developed a new ice cream based on goat's milk,
plugging the formulation as a means for companies to target the
growing demand for speciality products.
Danisco has developed a new formulation of probiotics called Howaru
Protect, specifically targeted to reducing cold and 'flu symptoms,
and is exploring its use by the food, supplements and
pharmaceutical industries.
Oral administration of Lactobacillous acidophilus NCFM has been
seen to have an analgesic effect in the gut similar to that of
morphine - a finding that opens up a new realm of applications for
Danisco's probiotic strain.
Danish ingredients group Danisco has launched a new stabilizer
ingredient designed to allow ice cream manufacturers to cut the fat
content of their products while still maintaining a creamy
mouthfeel.
Danisco is introducing a new addition to its Howru probiotics line,
which it says was seen in the first of a series of
condition-specific studies to help restore the beneficial bacteria
in the human gut after taking antibiotics.
Danisco has announced the next phase in its global cultures
expansion programme, investing €3 million in ramping up production
capacity of freeze-dried cultures at its plant in Sassenge.
Danisco has taken up the low-carb, low-sugar baton and run with it,
developing a line of flavours aimed at food manufacturers
developing artificially sweetened and reduced sugar beverages and
dairy products.
Risk assessment and market predictions translate into new pectin
opportunities for Danisco that will break ground on a new pectin
plant in Brazil, to be up and running by 2007, reports Lindsey
Partos.
Number two pectin player Danisco rolls out a line extension for new
gains from its Grinsted pectin range that targets food and beverage
makers looking to spear the growing sports nutrition and functional
food markets, reports Lindsey...
The recent bolt on acquisition of Rhodia Food Ingredients lifted
sales for Danisco in an otherwise challenging first quarter for
2004/2005 but efforts to improve margins appear to be paying off,
writes Lindsey Partos.
As food developers and marketers are aware, bright colours hold a
strong appeal with children. Jumping on the back of this phenomenon
Danisco in the US has launched a new flavour concept to add to
milk.
The first dairy food range in Europe containing Danisco's Howaru
probiotics has been introduced in Slovenia by one of the region's
top dairy product manufacturers Ljubljanske Mlekarne.
The new cultures unit at Danisco looks set to become a powerful
force in the probiotics sector, gaining additional strains and
entrance to new markets with the acquisition of Rhodia Food,
according to new division chief Fabienne Saadane-Oaks.
In response to an increasing worldwide demand for pectin, Danish
ingredients company Danisco is to expand its Czech production
capacity by 40 per cent to accommodate an expected growth rate of
5-6 per cent on the world market.
More than three years after Danish ingredients company Danisco
filed an application to the EU for approval of its fat replacer
salatrim, the Commission finally rubber stamped the product on
Tuesday. The move clears the way for Danisco...
Leading ingredients firm Danisco has announced its second licensing
deal for the Howaru probiotic strain with Chile's biggest dairy
processor Soprole. The agreement looks set to generate significant
interest among food makers...
Tackling the stable bakery market, Danish functional ingredients
supplier Danisco has launched the next generation of enzymes for
dough-strengthening and increased volume for the final baked
product.
Price competition in texturants put pressure on Danisco ingredients
results for the first quarter of 2003/2004 but flavours and a long,
hot summer went some way to boosting the underlying performance.
Danish food ingredients group Danisco has denied rumours
circulating in the local press that it is in talks to sell its
stake in US biotech company Genencor.
Danish ingredients company Danisco continues on the innovative
trail with the addition of a new pectin to its Grinsted series.
Earlier in the year the company invested in a pectin boost by
expanding its Czech production facilities.
Denmark-based ingredients supplier Danisco has developed a low-dust
powder technology for food manufacturers aiming for an improved
factory environment.
In our second flavour news of the day, Danish ingredients giant
Danisco reports on the two new flavour concepts it developed for
the Specialty Coffee Association of America's (SCAA) annual
conference in April this year.
Danish ingredients company Danisco announced this week that it is
use new production facilities in Denmark to produce Natamax - a
natural, biological preservative.
Expanding ingredients company Danisco strengthened its position in
Asia this month when the company announced that it has set up its
flavour headquarters for the Asian region in Singapore.
Danish food and ingredients group Danisco has launched a new enzyme
product derived from seaweed which it claims will help it extend
its position as the world's leading producer of functional food
ingredients.
