The company’s strategic acquisition enables it to have a physical presence in nearly 450 locations across the US.
Initially reported earlier this year, Ingredion has now successfully completed the acquisition of Shandong Huanong Specialty Corn Development Company Limited in China.
At US$56.25 per share in an all-cash transaction, Danone will acquire the organic foods, plant-based milks and related products provider for approximately US$12.5 billion, with the transaction to close by year end.
With the plant proteins and gluten-free ingredients from Harvest Innovations, Archer Daniels Midland Company has increased its ability to cater to the current consumer trends of the market.
Laboratory Corporation of America Holdings (LabCorp) announced the acquisition of Safe Foods International Holdings (SFIH) and its two operating companies, International Food Network (IFN) and The National Food Laboratory (The NFL).
Kerry announced the acquisitions of US-based Red Arrow Products, Island Oasis and Biothera Incorporated Wellmune® business.
Archer Daniels Midland Company (ADM), announced that it has completed the sale of its global cocoa business to Olam International Limited.
To further strengthen its chocolate business, Bühler Group has acquired Hosokawa Bepex – a subsidiary of Hosokawa Alpine Aktiengesellschaft and part of its listed Hosokawa Micron Group, Hirakata.
“For Bühler, this acquisition is a perfect fit because it supplements our leading chocolate processing capabilities by the addition of the special confectionery know-how of Hosokawa Bepex,” said Serge Entleitner, head of Bühler business area consumer foods.
Hosokawa Bepex will be integrated as an affiliated company in the Business Area Consumer Foods of Bühler. Its site in Leingarten will be expanded into a center of competence within Bühler’s confectionery unit. “We welcome our new colleagues at Hosokawa Bepex and greatly look forward to starting our joint market development,” said Entleitner.
Dairy Innovation Australia Limited (DIAL) announced that they have entered into a contract to finalise the sale of the DIAL culture production unit and strain collection to Chr. Hansen Holding A/S (Denmark) and Chr. Hansen Private Limited (Australia), a wholly owned subsidiary.