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invivo france buy bio co food retail business
Feed & Nutrition

InVivo of France to buy Bio&Co to expand food retail business

Pankaj Singh September 23, 2018
InVivo, the French agricultural cooperative group has recently entered into discussion to buy the privately held company Bio&Co, a chain of organic food stores as a part of its plan to expand its retail business. InVivo is at present trying to diversify its retail business …
uber acquire international food delivery startup deliveroo
Food & Beverages

Uber could acquire international food delivery startup Deliveroo

Pankaj Singh September 22, 2018
Uber is in talks with Deliveroo to acquire the London based food delivering startup. Although the value of the deal has not been indicated in the reports, the sources believe it needs to be substantially above Deliveroo’s latest valuation for it to consider selling. Deliveroo, …
nestle sell skin healthcare unit focus food nutrition
Feed & Nutrition

Nestle to sell skin healthcare unit to focus on food & nutrition

Saipriya Iyer September 21, 2018
Nestle has reportedly announced to put its skin healthcare unit up for sale since the food and beverage giant intends to divest its underperforming businesses and combat criticism from an activist investor demanding a revamp. As per trusted sources, the company has been exploring strategic …
cargill beef products amidst e-coli concerns
Feed & Nutrition

Cargill recalls 132,000 lbs. beef products amidst E.Coli concerns

Pankaj Singh September 21, 2018
Cargill Meat Solutions, based in the United States, has made it to the headlines recently for recalling approximately 132,000 pounds of ground beef products. According to the United States Department of Agriculture (USDA), the recall has been attributed to the possible contamination of beef with …
kerry opens first food production facility
Food Processing & Equipment

Ireland’s Kerry opens first food production facility in Moscow

Saipriya Iyer September 20, 2018
Ireland’s Taste & Nutrition company, Kerry, has inaugurated its first production plant in the Istra district of Moscow in Russia. As per sources, the new production and warehouse facility will span 7,000 sqm and will employ more than 50 workers for conducting its operations. According …
heinz gears launch mayochup condiment hybrid
Food & Beverages

Heinz gears up to launch Mayochup condiment hybrid across U.S.

Pankaj Singh September 20, 2018
Food processing giant Heinz has reportedly launched a hybrid condiment, named Mayochup, that combines mayonnaise and ketchup. As per trusted sources, the product has been unveiled in the American market after the company conducted a successful campaign to launch the new sauce. After successfully launching …
Nestle, Coca-Cola, and Unilever make bids for Horlick’s
Food & Beverages

Nestle, Coca-Cola, and Unilever make bids for Horlick’s $4B business

Saipriya Iyer September 19, 2018
Some of the world’s biggest consumer goods giants like Nestle, Coca-Cola and Unilever have reportedly submitted bids to acquire GlaxoSmithKline’s Horlicks business which is currently being valued at more than $4 billion. As per reliable sources, the malt-based drink of Horlicks offers a significant footprint …
PhageGuard-E gets FDA approval as food processing
Food Processing & Equipment

PhageGuard-E gets FDA approval as food processing aid against E. coli

Pankaj Singh September 19, 2018
The US Food and Drug Administration has reportedly announced to have approved PhageGuard-E as a GRAS (Generally Recognized as Safe) food processing aid against E. coli O157. As per trusted sources, the Netherland-based Micreos has manufactured the new solution which consists of natural phages against …
JBT producing small size packs
Food Processing & Equipment

JBT unveils new SteriCompact UHT System for producing small size packs

Saipriya Iyer September 18, 2018
JBT Corporation, an American food processing machinery and airport equipment firm, has reportedly launched the SteriCompact packaging processing system, which is the latest addition to its Sterideal® HX UHT systems range. According to sources familiar with the development, SteriCompact has been especially adapted to match …

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