[4/28/2005] Kraft Looking to Acquire ‘healthy brands’
According to an article on just-food.com citing Bloomberg, Kraft foods is actively seeking healthy food and drink brands which it would likely place under its new South Beach Diet product line.
[4/21/2005] Arla Foods and Campina Abandon Merger Plans
According to an article on just-food.com, Netherlands-based Campina and Denmark-based Arla Foods, have called off merger talks. According to the article, Arla Foods has also announced the resignation of Åke Modig, managing director.
[4/21/2005] Apprise Media to Acquire Canon Communications
US-based media company Apprise Media LLC, backed by investment group Spectrum Equity Investors, has announced an agreement to acquire publishing, trade show and digital media company Canon Communications (owners of the Nutritional Outlook trade publication).
[4/20/2005] NSF-ISR Establishes Presence in Canada
US-based NSF International Strategic Registrations, Ltd. (NSF-ISR), an NSF International company, has announce the acquisition of the operations of Canada-based Deloitte & Touche Quality Registrar Inc.
[4/20/2005] Cargill Buys German Chocolate Facility
According to an article on just-food.com, US-based Cargill has announced the intention to purchase the chocolate facility, Schierstedter Schokoladefabrik GmbH & Co. KG, located in Klein Schierstedt in eastern Germany from Ludwig Schokolade GmbH & Co. KG, a current customer. The deal is subject to regulatory approval.
[4/13/2005] DSM Sells Bakery Arm to Gilde
Netherlands-based DSM has sold its bakery arm, the world's third largest maker of yeast to Netherlands-based Gilde in a share deal. According to the company, the transaction price amounts to EUR 197.5 million and the deal, set to close in Q3, will allow the company to continue to increase its focus on nutrition and health.
[4/11/2005] Fonterra Ends National Foods Offer and Divests Stake
New Zealand-based dairy company Fonterra has announced that it is terminating its offer for Australia's National Foods, is divesting its current 19% stake, to San Miguel Corporation if that company's $6.40 offer per share is unconditional.
[4/8/2005] Technology Flavors & Fragrances, Inc. Enters into Definitive Merger Agreement
US-based Technology Flavors & Fragrances, Inc. (AMEX:TFF) has announced the execution of a definitive merger agreement with US-based FFG Industries, Inc.
[4/6/2005] San Miguel Ups Bid for National Foods
According to an article on just-food.com, Philippines-based food and beverage company San Miguel has raised its bid for Australia-based National Foods, from $5.90 a share to $6.40 a share, topping the last bid entered by New Zealand-based Fonterra ($6.20).
[4/6/2005] HK CK Life To Buy Canada's Sante Naturelle
According to a Dow Jones article on iWon, Hong Kong-based biotechnology company CK Life Sciences International (Holdings) Ltd. (8222.HK) has announced it will buy Canada-based natural products company Sante Naturelle A.G. for C$ 53.95 million.
[4/5/2005] NutraCea(R) Executes Agreement to Merge with RiceX
US-based health products company NutraCea(R) (NTRZ), has announced a definitive agreement to merge with food company RiceX, with RiceX becoming a wholly owned subsidiary of NutraCea, and the shareholders of RiceX receiving shares of NutraCea common stock in exchange for RiceX shares.
[4/5/2005] Hain Celestial Expands Personal Care
The Hain Celestial Group, Inc. (Nasdaq: HAIN) has announced the acquisition of personal care company Zia Cosmetics, Inc., including the Zia Natural Skincare brand, a sub-$10 million brand sold mainly through natural food retailers. The company announced that Fran Strachan, a founder of Zia Natural Skincare, has joined Hain Celestial as Vice President, Business Development - Personal Care.
[4/5/2005] Sale of Russia's Ufa Vitamin Plant Completed
According to an article on Russia's rccnews, that country's Pharmstandard Group has completed the acquisition of the JSC Ufa Vitamin Plant and Phytopharm NN and will continue to manufacture vitamins at the plant.
[4/4/2005] Great Spirit Ventures Acquires The Natural Dentist (R)
US-based venture capital fund Great Spirit Ventures, LLC has announced the acquisition of natural oral care company The Natural Dentist(R), adding the company to its portfolio of companies involved in the health and wellness marketplace.
[4/1/2005] DSM Food Specialties To Sell Hydrolyzed Vegetable Protein Business
According to an article on just-food.com, Netherlands-based DSM Food Specialties is set to sell its hydrolyzed vegetable protein business and production site to Netherlands-based flavor company Oterap Holding.
[4/1/2005] Dynamic Health Products Completes Acquisition of Dynamic Marketing, Inc.
US-based health products company Dynamic Health Products, Inc. (DYHP) has announced completion of the company's previously announced acquisition of sports nutrition company Dynamic Marketing, Inc. (DMI).
[4/1/2005] Aarhus Sale Progressing, but Delayed
According to a notice posted on its site, Netherlands-based Aarhus United A/S has announced that its main shareholder United International Enterprises Ltd. has extended the process of divesting its shares in the company, but expects the sale to be concluded by the end of April. The notice cites buyer interest and the scope of the due diligence process as reasons for the delay.