WORLD NEWS
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DSM agrees to acquire postbiotics pioneer Adare Biome for US$301m
US – Royal DSM, a global science-based leader in health, nutrition and bioscience, has started acquisition talks with Adare Pharma Solutions to buy Adare Biome,…
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How the food industry is innovating to create foods that help consumers sleep better
A majority of the global population is reportedly not sleeping well. A recent study carried out in the UK found that 68% of adults are…
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SunOpta gears up to hit revenue milestone of US$2bn in seven years
CANADA – SunOpta Inc, a multi-national food and mineral company, has laid out long-term fiscal guidance to double revenue, with plant-based beverages, nutrition beverages, and…
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Pernod Ricard halts export of Absolut vodka to Russia after criticism from Swedish politicians
RUSSIA – Pernod Ricard has decided to stop exporting its premium vodka Absolut to Russia, with immediate effect, after criticism that it was a “crazy…
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Canadian pork processor Olymel permanently closes Quebec pork facility
CANADA – Canadian-based pork producer, Olymel, has announced the closure of its Vallée-Jonction facility in Quebec, following a rise in costs related to inflation and…