Supplier News & Innovations
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Swedish investment firm Novax acquires Louis François, launches healthy and sustainable ingredient group Ingå
FRANCE – Swedish investment firm Novax has completed the acquisition of a French developer of specialty functional ingredients for artisans and food producers, Louis François.…
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Kenyan-based tech startup Drift Consult debuts tech solutions to automate operations in retail, food industry
KENYA – Barely a year old since it launched in the Kenyan retail industry, Drift Consult ltd is trying to revolutionize the over Sh740 billion…
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Kerry forges new partnerships with Azelis, Caldic to bolster distribution in Europe
EUROPE – Kerry, a food technology and ingredients company headquartered in Ireland, has announced new partnerships with distributors, Azelis and Caldic, to strengthen its distribution…
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Kerry Group full-year profits impacted by exit from Russia and Belarus despite 19.3% jump in revenues
IRELAND – Food technology and ingredients company, Kerry Group, has reported a 19.3% increase in revenue to €8.8 billion (US$9.4B) and 18% organic growth while…
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IFF sells Flavor Specialty Ingredients business as another activist investor buys stake worth US$240M
USA – IFF, an American corporation that produces and markets flavours and fragrances, has entered into an agreement to sell its Flavor Specialty Ingredients (FSI)…