Univar Solutions, an American specialty chemical and ingredient distributor, has agreed to be acquired by funds managed by affiliates of Apollo (Apollo Funds) in an all-cash deal worth around $8.1 billion. The deal includes a minority investment from one of the fully-owned subsidiaries of the Abu Dhabi Investment Authority (ADIA). It will be funded with […]
Univar Solutions, a provider of specialty ingredients and chemicals, said that it has been selected by Leprino Foods Company as an authorized distributor of nutritional ingredients and dairy products in the US and Canada. The products include lactose, whey protein concentrate and isolate, sweet whey, milkfat globule membrane (MFGM), and micellar casein. The ingredients are […]
Elo Life Systems, a US-based food ingredient manufacturer, has raised $24.5 million, closing its Series A financing round, to accelerate the development of its natural, plant-based sweetener products. With this investment, Elo Life Systems also plans to advance US regulatory approvals, develop pilot-scale processing capabilities, and market-test its sweetener with consumers. The food technology company […]
Dutch science-based company Royal DSM has agreed to acquire Vestkorn Milling, a Norwegian producer of pea- and bean-derived ingredients for plant-based protein products, for €65 million. Vestkorn Milling caters to the alternative protein market by supplying proteins, dietary fibers, and starches for plant-based foods, animal feed, and pet food. The ingredient manufacturer has a workforce […]
Givaudan acquisition of Ungerer : Givaudan has agreed to acquire Ungerer & Company, a US-based flavour, fragrance, and specialty ingredients company, for an undisclosed price. Ungerer, which is headquartered in New Jersey is in the flavor and fragrance specialty ingredients business, in particular, in essential oils. The company, which was established more than 125 years […]
Blue California, a US ingredient manufacturer and supplier, is set to launch its natural sugar allulose ingredient at large-scale commercialization by the year-end, as per the food ingredient news. Created from natural substrates using a proprietary bioconversion technology, Blue California’s allulose ingredient is a monosaccharide sugar and non-GMO sweetener. Allulose with one-tenth the calories of […]
Martin Bauer acquisition of BI Nutraceuticals : Global botanical expert Martin Bauer Group has acquired BI Nutraceuticals, a US-based plant-based ingredients manufacturer and supplier for an undisclosed price, as per the latest food acquisition news. Headquartered in California, BI Nutraceuticals supplies dietary supplement and functional food ingredients such as plant-based powders and teas, standardized and […]
ADM acquisition of Ziegler : US food processing company Archer Daniels Midland (ADM) has agreed to acquire the Ziegler Group, a European provider of natural citrus flavor ingredients, for an undisclosed price. Established in 1963, Ziegler, which is headquartered in Aufsess in Germany, makes use of cold concentration technologies for the production of natural citrus […]
Food ingredient news : US-based Sensient Technologies has agreed to buy Peruvian natural food ingredient company GlobeNatural’s natural color business for an undisclosed price. Sensient Technologies, which manufactures colors, flavors and fragrances, expects the acquisition to strengthen its ‘Seed to Shelf’ strategy. Post-acquisition, it will rename the GlobeNatural’s natural color business to Sensient Natural Colors […]