Amityville, NY — Topix Pharmaceuticals, Inc., a leading provider of premium, micro-branded and branded skincare products, announces it acquired DERMA E, the eco-ethical skincare company. DERMA E, based in Simi Valley, CA, has for nearly 35 years, been providing natural, vegan and cruelty-free products to address a wide range of...
NEW YORK — International Flavors and Fragrances (IFF) plans to acquire natural ingredients firm Frutarom for $7.1 billion, the company announced this week, in its goal of becoming the world’s top natural ingredient and flavor supplier. “Frutarom has had a fascinating journey of accelerated growth,” said Ori Yehudai, Frutarom president...
In a continued consolidation of the testing industry, Eurofins Scientific, a leader in bioanalytical testing, has agreed to acquire Covance Food Solutions from Lab Corp. for $670 million, the company announced. Covance Food Solutions provides product integrity, product safety and consulting solutions for segments that span the entire food supply...
Within the past 6 months, $10.5 billion has been spent on branded vitamin, mineral and supplement (“VMS”) businesses by some of the largest and best-known CPG companies and private equity firms in the world. This is more money than in any calendar year historically. Since September 2017, Procter & Gamble announced...
Wausau, WI — UAS Laboratories LLC has acquired Nebraska Cultures, Inc., a company which specializes in custom manufactured probiotic solutions. Through this transaction, UAS Labs will accelerate its leadership in the fast-growing probiotic industry. UAS will now offer its global partners a complete portfolio of stable products including exclusivity to...
Chicago – SPINS, the leading provider of retail consumer insights, analytics, and consulting for the Natural, Organic, and Specialty Products Industries, has acquired FoodFacts Inc., the leading consumer awareness platform for transparency into nutrition data, ingredients, allergens, and sensitivities. The acquisition provides SPINS with an unprecedented level of attribution of...
WASHINGTON — The Justice Department will allow Bayer AG to acquire Monsanto for more than $60 billion once the companies sell off some assets, the Wall Street Journal reports. The deal will make it the world’s biggest supplier of pesticides and seeds for farmers. Bayer CEO Werner Baumann and Monsanto...
Expanding on its strategy to deliver natural products, Swiss company Givaudan — global leader in the creation of flavors and fragrances — agreed to acquire 40.6% of the shares of plant-based ingredient manufacturer Naturex, for a premium price of $1.6 billion. The valuation is unusually high for the health-care and...
Oakland, CA — Consolidation in the supplement industry is escalating with the Clorox Co. agreeing to buy Nutranext — owner of Neocell, Rainbow Light, and Natural Vitality brands — for $700 million. Clorox already owns RenewLife. The Sunrise, FL based Nutranext manufactures and markets leading dietary supplement brands in the...
Austin, TX – As Amazon takes a more prominent stake in merchandising at Whole Foods Market six months in, a report from Yahoo Finance says it is pressing for more mainstream products such as Coca-Cola, in clear conflict with the company’s current standards for the type of foods it will...
