DSM and Firmenich’s mooted 2023 ‘Merger of Equals’ will create a nutrition, food ingredients and fragrances behemoth with 277 years of collective business experience and a combined annual revenue pushing towards €12 billion (£10.2bn).
Contract research organization KGK Science Inc. will be acquired by Canadian investment issuer Myconic Capital Corp., it was announced yesterday. The deal is valued at as much as $16.5 million.
In a sign of further consolidation within the CBD/hemp products industry, THC Farmaceuticals Inc has announced it has acquired a contract manufacturer in Southern California.
Now that Nestlé has completed its acquisition of brands of The Bountiful Co. observers expect the CPG giant’s move into nutrition and wellness will continue to gather steam.
Swiss nutrition giant Nestlé has reportedly confirmed that it will acquire The Bountiful Co. prior to a planned initial public offering for the maker of Nature’s Bounty supplements.
International Flavors & Fragrances Inc (IFF) and DuPont’s Nutrition & Biosciences (“N&B”) completed their €40.7bn merger yesterday (February 1st) and revealed a modernised identity for the new industry giant.
DuPont and IFF have received final regulatory approval from the European Commission for a merger that will create an industry giant valued at more than $45 billion.
Canada's Aurora Cannabis Inc. just announced it will acquire American hemp retailer Reliva LLC. The duo expects to be positioned as a meaningful player in the United States, the world’s largest cannabinoid market.
A mega-merger between International Flavors & Fragrances Inc (IFF) and DuPont nutrition & biosciences unit will create a new industry giant worth more than $45 billion (€40.4 billion), say those involved in the deal.
LabCorp announced today that it has entered a definitive agreement to sell its Covance Food Solutions business to Eurofins Scientific for $670 million.
One of Frutarom’s first actions upon completing its acquisition of Enzymotec is to offload its krill business to Aker in a €21.6 million deal, the company confirmed in a statement.
Twinlab Consolidated Holdings LLC has competed the last lap of a journey that began when CEO Tom Tolworthy took the reins of the previous version of Twinlab in 2011. The plan has now come to full fruition with the impending acquisition of Organic Holdings...
The Nutrition Capital Network reports that mergers and acquisitions activity in branded natural and organic food & beverage companies is on a record-setting pace for 2015. In addition, NCN reports rapid growth in financings in the emerging world of...
Nutraceuticals and dietary supplements are attracting a lot of private equity attention, and it’s not surprising, says George Pontiakos, given that ‘it’s a growing market that historically provides efficacy and value to consumers’.
Royal DSM saw 2012 EBIT (operating) profits fall 27% to €635m from €866m in 2011 – but the human and animal nutrition business it has invested €2.4bn in since 2010 added 6% in profit.
ChromaDex, which develops analytical standards for nutraceutical ingredients, has recorded a second quarter loss, but the firm maintains that the period was important for the developments it has made in order to expand its business.
ChromaDex, which develops analytical standards for nutraceutical
ingredients, is gearing up for a major expansion, funded in large
part by a reverse merger announced yesterday.
Ajinomoto plans to merge with Japanese compatriot Calpis, in a
bid to further its transformation into a health and nutrition
company and develop more value-added products to meet market
demands.
Mergers and acquisitions in the food industry in 2006 took a turn
up compared to the year before, with almost one third of all
activity occurring in the food processing sector, according to a
new guide by the The Food Institute.
NeutraHealth has signalled a return to form with a spate of new
distribution deals for its TravelGuard product line that it is
hoped will yield returns to enable new acquisitions in 2007.
Natraceutical Group is purchasing French supplement maker
Laboratoires Forté Pharma - a move that propels it into the
lucrative finished production section and that is expected to boost
its turnover by more than 50 per cent.
NeutraHealth, a UK shell company created to buy up nutraceutical
businesses, said today that it has made its first acquisition, the
probiotic supplement maker BioCare.
Strong demand for thriving health foods and supplements businesses
is putting sellers in a strong negotiating position, according to a
report that is due to be published this month by investment bank
Health Business Partners (HBP).
Planet Organic has completed its acquisition of vitamin, mineral
and supplements manufacturer and distributor Trophic Canada, and is
eyeing more opportunities across Canada and the United States.
The Canadian corporation Planet Organic, which owns large natural
food supermarkets in Edmonton, Victoria, Calgary and Port
Coquitlam, and a chain of supplement and market stores across
Canada, has acquired Trophic, a manufacturer...
Moody's Investor Services yesterday downgraded Cargill's debt
ratings, citing factors including the uncertainty surrounding
Cargill's strategy with regard to future acquisitions and increased
capital expenditure.
Forging ahead with its acquisition program, the Bio-One Corporation
has acquired Florida-based nutritional products firm Physicians
Nutraceutical Laboratories.
US firm Technology Flavors & Fragrances continues to falter in
2003 with a 70 per cent decrease in net income for the second
quarter, a decrease in net sales of 5.7 per cent and rising
operating costs.
Nutritional supplements company Bio-One Corporation renews
agreement with industry mergers and acquisitions advisor Health
Business Partners to assist with future takeovers.
The Burns Philp hostile bid for Australia's biggest food company
appears to be far from over with the ingredients and yeast company
yesterday referring its bid to the Australian Takeovers Panel - the
principal forum for resolving...
Mergers and acquisitions in the food industry continue this week
with acquisitive Canadian company Stake technology taking over US
ingredients company Opta Food Ingredients at the price of €28m. The
move marks a bid by Stake to build...
