Kraft launches hostile takeover bid for Cadbury
Kraft has formally made a £9.8bn ($16.3bn) hostile takeover bid for British confectioner Cadbury, just hours before the 5pm GMT deadline imposed by the UK Takeover Panel.
Archives for November 9, 2009
Food processor cited after worker killed in ice machine
US fish processing company Northern Wind Inc has been cited for flouting nearly two dozen safety regulations after one of its workers was killed in an ice machine at its Massachusetts plant.
Rousselot divides gelatines for functionality and healthy products
Rousselot has reorganised its gelatine offering to better illustrate the functionality of different forms of the ingredient and how they can be used to reformulate products along healthier lines.
Danisco’s Madison plant expansion underway
Danisco has started expansion of its cultures plant in Madison, Wisconsin, which it says responds to increased demand for direct vat inoculants (DVI) cultures in the US.
MGPI’s restructuring pays off in Q1
MGP Ingredients has reported a net income of nearly $4m for the first quarter of fiscal 2010 on the back of lower energy and commodity prices, as well as restructuring which slashed its payroll costs.
Netherlands seeks Indian food processing partners
Joint ventures in food processing and food retailing are planned by the Netherlands in India’s eastern and north-eastern states - providing it can find partners able to comply with international safety standards, according to the publication Business...
Life in a European health claims wasteland
Ka-CHING! Hear that? No it’s not the sound of overflowing cash registers as consumers throw endless wads of euros at scientifically-backed, healthy foods in greater numbers than ever before.
New NI lycopene targets beverages and bars
BASF is building the use of its nature identical lycopene by introducing a new cold-water dispersible version for use in beverages and food applications.
Fructose sweeteners may promote Syndrome X
‘Moderate’ consumption of fructose-containing sweeteners may produce ‘modest but significant changes’ that may contribute to the development of metabolic syndrome, says a new rat study.