Arla Foods Ingredients is moving forward with its acquisition of Volac’s Whey Nutrition business, after it was approved by the UK’s Competition and Markets Authority. The regulator’s go-ahead followed an agreement between the two companies, which was signed in April 2024. The business is built around a processing facility at Felinfach in Wales, which handles large volumes of whey and specialises in the production of whey protein isolate (WPI). The site will now become a cornerstone of Arla … [Read more...] about Arla Foods Ingredients moves forward with acquisition of Volac Whey Nutrition business
acquisition
Arla Foods Ingredients and Volac joint statement on acquisition decision
The UK’s Competition and Markets Authority has approved Arla Foods Ingredients’ acquisition of Volac’s Whey Nutrition business. The regulator’s go-ahead follows an evaluation that took place after the two companies signed an acquisition agreement on April 18th 2024. Commenting on the announcement, Luis Cubel, Group Vice President and Managing Director of Arla Foods Ingredients, said: “This is a very welcome decision at a time when demand for high-quality whey ingredients is growing. It means … [Read more...] about Arla Foods Ingredients and Volac joint statement on acquisition decision
IEG Asia Acquires Montgomery Asia F&B Events
Rimini (Italy) 9 January 2024 - The growth abroad of the Italian Exhibition Group continues. IEG Asia Pte Ltd has recently acquired the F&B titles – the Speciality Food & Drinks Asia, Speciality Coffee & Tea Asia and Food2Go – from Montgomery Asia. This strategic move fortifies IEG Asia’s commitment to contributing positively to the F&B landscape in Singapore and ASEAN markets. Taking place from 26th to 28th June 2024 at the Sands Expo & Convention Centre, Singapore, these … [Read more...] about IEG Asia Acquires Montgomery Asia F&B Events