International

Private equity firm KKR wins auction for Unilever’s spreads business

[15 December/Food Navigator] Unilever has received a binding offer from US buyout firm KKR of EUR6.825 billion for global spreads business. The sale of the spreads business represents a further step in reshaping and sharpening the Unilever portfolio of businesses for long term growth according to CEO, Paul Polman. The marketing leading brands, including Flora...

Successful start for Fair Milk in Switzerland

[14 December/Dairy Reporter] A newly formed Swiss Co-operative, Sauliamt Fair Milk Co-operative, has launched fair milk products in the Swiss district of Affoltern. The co-operative which has 40 members is part of the Fair Milk Project initiative being run by the European Milk Board and now sees fair milk co-operative having been set up in...

Taxes on Meat Could Join Carbon and Sugar to Help Limit Emissions

[12 December/ Bloomberg] According to a report by the Farm Animal Investment Risk & Return (FAIRR) group, meat could be the next product to be taxed, following in the steps of tobacco, carbon and sugar. The tax would be based on the aim of improving public health and meeting emissions targets set in the Paris...

Personalised nutrition could reach the masses if hurdles can be overcome

[11 December/ Food Dive] According to an article on Food Business News, in order for personalised nutrition programs to develop and be available to the masses, significant changes needed to be made in terms of customer knowledge surrounding their needs, food manufacturing and distribution. One possible solution to this could be 3D printing, as emerging...

Bryan Crowley assumes CEO role at Soylent, gears up for wider bricks & mortar rollout after trial at 7-Eleven ‘blew away our expectations’

[11 December/ Food Navigator] Soylent Founder, Rob Rhinehart said he would be stepping down as chief executive officer and moving into the role of executive chairman. Soylent President, Bryan Crowley would take over the chief executive officer position. Mr Rhinehart said he was leaving the chief executive officer role to someone with more management and...

Campbell’s six food trends for 2018

[11 December/ Dairy Reporter] The chefs at Campbell’s Culinary & Baking Institute have identified their top six food trends for 2018. The chefs believed alternative foods such as lab-cultured burgers, cricket flour and ancient grains would continue to become more mainstream, while there would still be a strong interest in all things carnivore. Herbs and...

Bayer to Face EU Objections to Monsanto Deal in Coming Days

[9 December/ Bloomberg] According to people familiar with the matter, Bayer would receive a statement of objections listing reasons why the European Union’s antitrust regulator could block its proposed USD 66 billion takeover of Monsanto. The list of objections may help the companies by laying out regulators’ concerns so that they could be addressed with...

M&S launches stoneless avocados

[8 December/ EuroFruit] Marks and Spencer has launched a Spanish stoneless avocado that would be available for a limited time over the Christmas period for GBP 2 per fruit. The stoneless fruit was the result of an unpollinated blossom. The avocados came with an edible skin and measured about 8cm. Marks and Spencer Agronomist, Charlotte...

Meat giant Tyson Foods increases stake in plant-based brand Beyond Meat: a ‘fantastic alternative for consumers’

[8 December/ Food Navigator] Beyond Meat has raised USD 55 million in a financing round supported by Tyson Foods. Beyond Meat was now in around 19,000 stores with products including Beast Burgers, Beyond Chicken Strips, Beyond Beef Crumbles, and the famous Beyond Burger. Beyond Meat’s products contained no meat, with many being based on pea-protein....

EU agri-food to ‘benefit most’ from trade deal with Japan

[8 December/ Food Navigator] European Union Trade Commissioner, Cecilia Malmstrom and Japanese Foreign minister, Taro Kono have revealed that the final discussions on the EU-Japan Economic Partnership Agreement (EPA) have now been concluded. The EPA was the largest bilateral agreement ever negotiated with the European Union and would strengthen cooperation between Europe and Japan in...

Meat innovation may be boosted by novel foods law, experts say

[8 December/ Global Meat] The European Union Food Industry Association has revised their novel food regulations which would come into force from 1 January 2018. FoodDrinkEurope Communications Director, Florence Ranson said the revision of the regulations was an important element to stimulate innovation in the food industry. Ms Ranson added that the regulation included important...

Food sector breathers relief as Brexit talks to move to stage two

[8 December/ Food Navigator] The European Commission has confirmed that sufficient progress had been made with discussions over the United Kingdom’s exit from the European Union, enabling Brexit negotiations to move onto stage two, the future trading relationship. In a joint press conference, United Kingdom Prime Minister, Theresa May, and European Commission President, Jean-Claude Juncker...

Did Lion cave to a2 on milk labelling?

[8 December/ National Business Review] The a2 Milk Company has announced that it has settled the legal claims and counter claims between itself and Lion. The a2 Milk Company initiated the litigation in 2016 after Lion marketed its milk as containing a2 protein, a claim a2 believed breached its patent and misled consumers. Lion then...

Firmenich’s flavour of the year for 2018 is… FIG: ‘It represents health and authenticity’

[7 December/ Food Navigator] Firmenich has selected fig as its flavour of the year for 2018. Firmenich Flavour Division President, Chris Millington said the fig had surged in popularity in recent years thanks to its complex flavour profile, health benefits, versatility in sweet and savoury applications, and artisanal culinary associations. Mr Millington added that the...

Nestle to buy vitamin maker Atrium Innovations for $2.3 billion

[11 December/ Reuters] Nestle has announced that it has reached an agreement to buy Canadian vitamin maker Atrium Innovations for USD 2.3 billion, increasing its presence in consumer healthcare. Nestle Health Science Head, Greg Behar said the purchase of Atrium, which would have USD 700 million in sales this year, would add to earnings immediately....

byFlow to focus solely on 3D printing for food as it sells 100th printer

[5 December/ Food Navigator] byFlow has changed its business model and would now focus solely on 3D printers for food. Previously, the company produced over 20 multi-material products including clay for ceramics, filaments for plastics, paste for bronze, and granulate for recycled materials. byFlow Chief Executive Officer, Nina Hoff said the company could now print...

Cocoa+ sees gap for protein in UK luxury chocolate market

[4 December/ Food Navigator] Cocoa+, a United Kingdom start-up company, has launched a new milk chocolate protein bar with 42 percent cocoa and 27 percent protein. Cocoa+ Co-founder, James Bhasme said the rise in dark chocolate was not due to its bitter taste, but rather the fact that it had less sugar and was perceived...

Maple Leaf buys vegan meat company for $120M

[3 December/ Food Dive] Maple Leaf Foods has announced that it has acquired Field Roast Grain Meat for USD 120 million. Field Roast Grain Meat was a premium make of grain based meat, with annual sales of around USD 38 million. Maple Leaf Foods President and Chief Executive Officer, Michael McCain said the acquisition complemented...

Campbell Is Testing Online Soup Delivery

[2 December/ Bloomberg] Campbell Soup has been testing an online service that would deliver soups to customers’ doors. The company would begin a pilot test of the program next month, shipping out premium soups to customers that could heat them up at home. Campbell Soup Vice President, Mike Paul said it was part of a...

Trump relaxes salty school dinner rule

[1 December/ Global Meat News] The United States Department of Agriculture has delayed a rule from Obama aimed at making school meals healthier for children. The delay meant schools did not have to reduce sodium levels in school meals for the next academic year. United States Department of Agriculture Secretary, Sonny Perdue said the delay...

Former Kraft Foods and Campbell Soup’s exec to bring probiotics snacks to Amazon

[1 December/ Food Dive] Hampton Creek has announced the launch of its Just Scramble vegan egg substitute. The product would debut in San Francisco and would be available throughout the United States in 2018. Initially the product would be sold to chefs, companies and restaurant chains, but would be available to consumers later in 2018....

Mars takes stake in Kind Bar as nut bar eyes international growth

[29 November/ CNBC] Mars has taken a minority stake in Kind, with the option to fully acquire the company later on at the value of USD 3-4 billion. Kind is a bar brand made of ingredients which people can see and pronounce. The acquisition gave Mars a larger stake in the USD 33 billion United...

Why Chobani Is Reinventing Itself—and Why It Had No Choice

[29 November/ Adweek] Chobani Chief Marketing and Commercial Officer, Peter McGuinness has led the brand that has revolutionised the yoghurt category over the last decade, increasing the market share of Greek Yoghurt from 1 percent to around 50 percent. Mr McGuinness said virtually everybody had copied Chobani and there was now too many products with...

Coca-Cola embraces a digital future as consumers move online

[27 November/ Food Dive] Coca-Cola has been focused on finding more was to embrace a digital future as the number of consumers purchasing their groceries online increases. The company has been working closely with its key customers, including Walmart and Amazon, to find ways to integrate with their apps, online operations and traditional brick and...