Kuala Lumpur, Malaysia – PureCircle’s new stevia leaf-based flavor enhancers for vanilla and cocoa flavors are a way to produce products at a manageable price point, the company said on Tuesday. The new products qualify to be labeled as natural flavors on product ingredient labels, according to a company statement.
Washington, D.C. — Rep. David Cillicine (D-R.I.), the top Democrat on the House subcommittee on regulatory reform, commercial and antitrust law wrote a letter to the House Judiciary Committee and the subcommittee chairman requesting an oversight hearing on Amazon’s $13.7 billion acquisition of Whole Foods Market. Cillicine voiced concern about...
Austin, TX -- A Whole Foods Market shareholder is seeking to block the $13.7 billion acquisition by Amazon through a federal lawsuit filed Thursday claiming the deal undervalues the grocer and did not disclose key information, reports 512tech.com Shareholder Robert Riegel filed the lawsuit in U.S. District Court for the...
Boca Raton, FL — A new study by the University of Georgia published in the journal Foods, found that use of a proprietary blend of macular carotenoids (lutein, zeaxanthin and mesozeaxanthin) may protect the eyes from damage inflicted by blue light emitted from our smartphones and other electronic devices. The study...
Washington, D.C. – The Council for Responsible Nutrition (CRN) has voted to explore adding the medical food industry to its mission. “CRN’s Board of Directors believes there is enormous growth potential for the medical food industry over the next several decades as healthcare practitioners, the academic community, and policy makers...
Neonicotinoid pesticides, commonly known as “neonics” have been a global debate because of the toxins and effects they have on insects. Experiments have shown neonics to be harmful and dangerous to bees in laboratory conditions which neonic advocates argue are unnatural conditions, force-feeding bees in its laboratory rather observing their...
Camden, N.J. — As consumers continue to migrate to more natural products, Campbell Soup Co. has agreed to buy organic manufacturer Pacific Foods for $700 million, the company announced on Thursday. Pacific, which is based in Tualatin, OR, had $218 million in sales over the past year. Campbell has posted...
One of the world’s leading online retailers, Amazon can now expand their reach with its purchase of Whole Foods Market for $13.7 billion. Many now wonder if this will possibly speed up a merging of the grocery and e-commerce industry. Amazon already has some experience in electronic grocery. AmazonFresh delivers...
Basel, Switzerland – Lonza announced today it has completed the acquisition of Capsugel S.A. from KKR for $5.5 billion in cash, including refinancing of Capsugel’s approximate $2 billion in debt. Capsugel is a leader in advanced oral dosage delivery technologies and hard capsules. The acquisition goes along with Lonza’s stated...
Paris, France — Danone has entered a binding agreement to sell its U.S. dairy business Stonyfield to Lactalis for $875 million. The company was required to sell New Hampshire-based Stonyfield as part of the U.S. Justice Department’s approval of its $10 billion purchase of foods giant WhiteWave. Stonyfield generated about...
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