This follows a successful pilot demonstrating improved food quality, extended oil life, and strong approval from Sodexo’s kitchen staff and customers alike.
Demand for its natural food preservation solutions and algae‑derived omega‑3 DHA helped drive positive volume/mix and improved profitability across both segments.
Ashland’s portfolio optimization efforts, including exits from CMC, MC, nutraceuticals, and the Avoca business, reduced quarterly sales by 10%, while underlying sales declined by 5%.
The two companies will collaborate to innovate new Ayurvedic solutions, initially focusing on women’s health and metabolic wellness.
Growth in the Americas and APMEA regions supported Kerry’s first-half performance despite persistent macroeconomic challenges.