Taste and nutrition company Kerry announced that it has reached agreements to acquire two leading biotechnology companies: c-LEcta and Enmex. These acquisitions are set to expand Kerry’s expertise, manufacturing capacities and tech portfolio. Germany-based c-LEcta produces high-value targeted enzymes and ingredients, with its functional bioactives utilised in the food and beverage space. It focuses on precision fermentation, optimised bio-transformation and bio-processing. On the other … [Read more...] about Kerry to acquire biotechnology innovation companies
acquisition news
SIG announces acquisition agreement of Scholle IPN
Flexible packaging solutions suppliers Scholle IPN will be acquired by SIG, an aseptic carton packaging company. The target completion of the deal is before 3Q 2022. Switzerland-based SIG will diversify offerings by including its bag-in-box and spouted pouch items in the new product portfolio. It will also promote its net positive food packaging system, which is achieved through the Way Beyond Good approach. Samuel Sigrist, CEO of SIG, said of combination of businesses, "The acquisition of … [Read more...] about SIG announces acquisition agreement of Scholle IPN
Alvinesa Natural Ingredients acquires Cades Penedes
In order to further scale production to meet growing consumer needs Alvinesa Natural Ingredients has announced it will acquire Cades Panedes. The latter company is the leading Catalonial manufacturer of grape-derived sustainable ingredients located in Panedes, a wine-producing region in Spain. The wine grapes from Cades Panedes are don’t require the use of pesticide and contain higher levels of polyphenols, which are micronutrients with antioxidant properties. Alvinesa will then upcycle the … [Read more...] about Alvinesa Natural Ingredients acquires Cades Penedes