Weekly Roundup: Nestlé sells Gerber Life Insurance, Givaudan completes Naturex acquisition

21 Sep 2018 --- In business news this week, Nestlé announced plans to sell Gerber Life Insurance Company, to Western & Southern Financial Group for US$1.55 billion in cash. Bösch Boden Spies launched a sustainability initiative and Givaudan completed the acquisition of Naturex, following the implementation of the squeeze-out procedure and the delisting of Naturex shares from the Euronext Paris stock exchange. Firmenich appointed Emmanuel Butstraen as president of its Flavors Business Unit and member of the company’s executive committee and Tyson Foods’ CEO Tom Hayes is stepping down.

US-EU soybean trade skyrockets but industry concerns over low prices and China trade conflict remain

21 Sep 2018 --- Earlier this year when the trade conflict between the US and China first began to bite, the US soybean industry was bracing itself for severe losses as China slapped tariffs on the legumes as part of a retaliation package. While the industry continues to advocate for an end to the tariff war and for long-term solutions to the loss of export markets, new figures reveal that the US has overtaken Brazil as the leading soybean supplier to the European Union with a 52 percent market share.

Conflicts and people displacement take toll on food security, says new FAO report

21 Sep 2018 --- High levels of severe food insecurity, particularly in Southern African and Near East countries, is being driven by constant conflicts and climate-related shocks which continue to require humanitarian assistance, according to a new report published by the UN Food and Agriculture Organization (FAO). And there are 39 countries, 31 of which are in Africa, seven in Asia and one in the Caribbean (Haiti), all in need of external food assistance.

Kerry opens first plant in Moscow, focusing on meat processing and snacks

20 Sep 2018 --- Taste & Nutrition company, Kerry, has opened its first plant in Russia, in the Istra district of Moscow. Production will begin immediately with ingredients for the meat processing and snacks market.

Protein potential: Stryve Biltong secures US$10m investment to accelerate brand growth

20 Sep 2018 --- Protein snack brand, Stryve Biltong has received a total investment of US$10 million from Meaningful Partners, an investment firm focused on purposeful and mission-oriented consumer-facing challenger brands, and Murano group, a privately-owned holding company, among others.

New taste platforms: Firmenich acquires US biotechnology company Senomyx

20 Sep 2018 --- Firmenich is set to acquire US biotechnology company Senomyx, Inc., which uses proprietary taste science technologies to discover, develop and commercialize novel flavor ingredients and natural high-intensity sweeteners for the food and beverage industries. The acquisition and a distribution deal should allow Firmenich, the world’s largest privately owned company in the flavor and fragrance business, to expand its influence on the global flavors market, particularly high-intensity sweeteners.

US-China trade war goes up another gear with more tariffs on both sides

20 Sep 2018 --- The US government has threatened another wave of trade tariffs on China and this time they include key commodities like rice and a myriad of other items. As a result, a number of industry groups have rallied against President Trump’s latest escalation of the so-called trade war and others are backing the Administration’s stance.

Barry Callebaut enters long-term supply agreement with Burton’s Biscuit Company

19 Sep 2018 --- The Barry Callebaut Group has signed an agreement with Burton’s Biscuit Company, the UK’s second biggest biscuit manufacturer, for the long-term supply of over 12,000 metric tons of chocolate and compound per year. The transaction is subject to closing conditions and regulatory approval by the competent authorities.

Peeling back the label: UK study explores the “real” ingredients in popular processed foods

19 Sep 2018 --- A study examining the lack of meat in some processed foods and what UK consumers think is classified as “ultra-processed products” reveals a widespread lack of understanding. Less than half of those surveyed feel confident in pointing out which foods fall into the “processed” and “ultra-processed” categories. The study also revealed that many didn’t know the difference between processed foods like frozen vegetables or dried fruit which are not considered unhealthy and ultra-processed foods which contain additives and ingredients (often salt, fat and sugar) to enhance their flavor, texture, or longevity.

Parabel and Stauber enter plant protein distribution deal

19 Sep 2018 --- Plant protein ingredients producer Parabel USA Inc has finalized a distribution agreement with Stauber USA, a subsidiary of Hawkins Inc., for the commercialization of the award-winning LENTEIN plant protein in the US market. Parabel USA Inc. grows water lentils – Lemnaceae – in open hydroponic systems and processes them into LENTEIN plant protein and other plant-based ingredients.

Bakery creativity: Zeelandia launches new branding strategy around “inventiveness”

19 Sep 2018 --- Dutch headquartered bakery ingredient company Zeelandia is presenting its new range of concepts, along with a new brand positioning around “inventiveness,” at this years’ International Bakery Fair (IBA) in Munich, Germany. During the tradeshow, which ends tomorrow (September 20) the company is presenting a number of solutions for bread and pastry applications to help create bakery success for both artisan and industrial bakers.

Functional fruit: Dirafrost refreshes smoothie market with new range

18 Sep 2018 --- Frozen food company Dirafrost FFI (Dirafrost), part of Agrana Fruit and well known for its fruit and fruit purees, is stepping out of its comfort zone and refreshing the smoothie market. The company already had a range of 11 smoothies, but now, according to the company, their new range changes the tone.

FAO climate change and food security report: Where will global agriculture rise and decline by 2050?

18 Sep 2018 --- As climate change reshapes agriculture around the world, the international trade of agricultural products will be even more important to feed the growing global population, according to a new UN Food and Agriculture Organization (FAO) report which identifies where global harvests will rise and fall by 2050 and the “winners” and “losers” in farming as the planet warms in the coming years.

Clean label and free from claims trend in Mexico as R&D efforts intensify

18 Sep 2018 --- Clean label, free from and GMO-free claims continue to trend in Mexico, as the food sector enjoys strong growth, spurring strong research and development in this dynamic sector. The new product data comes as the food industry from Mexico and beyond prepares for the FoodTech Summit & Expo, which will take place next week.

Vaessen-Schoemaker completes majority stake acquisition of Polish alginate-gel business Agersol

18 Sep 2018 --- Vaessen-Schoemaker has completed the acquisition of a majority stake in Agersol Sp. z o.o. (Agersol). Katowice area-based, Agersol is a Polish producer of innovative, functional ingredients for meat applications and predominantly focuses on the production of alginate-gel based casings. Vaessen-Schoemaker has established itself in ingredient functionality. The business is continuously looking to bring innovations to the food processing industry, adding new and optimizing existing features for protein (red meat, poultry, vegetarian and seafood), bakery and convenience applications.

Snack attack: Better-for-you, healthy, spicy and savory NPD drivers

18 Sep 2018 --- More consumers frequently snack throughout the day. Salty snacks are competing not only with each other but also with a myriad of other categories as more food and drink products have become “snackable.” Also, busy lifestyles, concerns about long-term health and the desire to get health-boosting benefits from daily food and drinks have also affected the snack aisle.

Cargill’s poultry business expands into Poland with Konspol acquisition

18 Sep 2018 --- Cargill has reached an agreement to acquire Polish food company Konspol, signaling the introduction of its global protein business into the Polish market and strengthening the company’s poultry footprint. The move expands operations in this space to 14 countries.

Lactalis acquires infant nutrition business from Aspen Pharmacare for US$860m

17 Sep 2018 --- French dairy group Lactalis is looking to further expand in the infant formula market, with the acquisition of the infant nutrition business of South African company Aspen Pharmacare for €739.8 million (US$860.7 million). Lactalis is a privately owned, global leader in the dairy industry with revenue of €18.4 billion (US$21.4 billion) sales in over 200 countries, approximately 80,000 employees and 246 industrial plants in 47 different countries.

“Game-changing”: Layn and Firmenich enter partnership to leverage sweetener formulation and distribution

17 Sep 2018 --- Layn Natural Ingredients has entered into a strategic agreement with Firmenich, the world’s largest privately owned company in the flavor and fragrance business. Capitalizing on its leadership in the plant-based, high-potency sweetener industry, this agreement significantly increases Layn’s distribution reach and provides access to some of the best formulation expertise globally to further develop Layn’s extensive sweetener portfolio, according to the company.

New UK Agriculture Bill not enough to compete in volatile post-Brexit market, claim farmers

17 Sep 2018 --- The UK Government’s plan on what farming will look like following Brexit, the Agriculture Bill, has finally been introduced before Parliament and it sets out a major policy to invest in the environment and “take back control for farmers after almost 50 years under EU rule.”

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