In order to supplement and expand its cultivated protein portfolio, JBS Foods is completing acquisition of Spanish company BioTech Foods. It is also planning to build a new plant in Spain to ramp up production and Brazil’s first cultivated protein research and development (R&D) center, investing as much as $100 million in these projects. JBS will become the majority shareholder of BioTech Foods, combining each company’s strengths to accelerate the development of the cultivated protein … [Read more...] about JBS acquires BioTech Foods, constructs facility in Spain
acquisition
ADM’s acquisition of Deerland Probiotics & Enzymes set
In ADM’s latest investment moves, the company will be acquiring Georgia-based Deerland Probiotics & Enzymes. This is in line with its strategic campaign to expand current product offerings of health and wellness products. Customers of today are, more than ever, prioritizing health and well-being, showing a growing demand for nutritious food, beverages and supplements. The acquisition is set to be completed in the coming weeks. Deerland focuses on probiotic and dietary supplements. The … [Read more...] about ADM’s acquisition of Deerland Probiotics & Enzymes set
AAK confirms purchase of BIC Ingredients
Lecithin is an ingredient that is gaining the attention among the market today, because of the health benefits it affords consumers. An essential fat that’s naturally occurring in soybeans and egg yolks, this is a natural emulsifier that’s typically incorporated in food items, medicines and other beauty products. It can be produced from plant-based oils such as rapeseed, soy and sunflower. To further expand its footprint in Europe and reach their goal of becoming the world’s leading supplier … [Read more...] about AAK confirms purchase of BIC Ingredients