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.
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.
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.
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 Cultures has launched five versions of the website that
promotes its probiotic cultures in five different languages in
response to what it calls "accelerating global
development" of its licensing concept.
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 formulation of probiotics called Howaru
Protect, specifically targeted to reducing cold and 'flu symptoms,
and is exploring its use by the food, supplements and
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.
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 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
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
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...
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.
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.