AMSTERDAM, Jan. 27 /PRNewswire/ -- New food ingredients, food science & food business news on IngredientsNetwork.com.
Details of the deal between British confectioner Cadbury and Kraft have emerged which show the US food manufacturer paid the equivalent of 850p per share.
It is thought that the deal was finally clinched in the early hours of the morning on Wednesday January 20th, with Cadbury accepting an offer worth 11.9 pounds Sterling billion from Kraft.
Food manufacturer Unilever has sold off part of the Shedd's Country Crock range to another US firm.
Hormel Foods Corporation has purchased the side-dish product range from Unilever in a transaction which is expected to close early next month. No financial details have yet been released.
Coca-Cola is eyeing up a stake in one of Russia's largest beverage firms, according to a number of reports. Nidan, Russia's fourth largest juice maker, currently has 75 per cent of its shares up for sale through investment fund Lion Capital. According to a report in Kommersant, sources close to the deal have said that Coca-Cola is the most likely buyer. Another source from Coca-Cola said the company is preparing to submit an application about the deal to the Russian authorities.
Latest Food Ingredients:
Frutafit is one of the inulin-based products available from Sensus, a Netherlands-based company which works towards providing this particular substance to the food industry around the world. It also produces Frutalose, an oligofructose. Inulin is a soluble dietary fibre with a low calorific content.
Advanced Enzymes produces a range of enzyme products suitable for use in baking and fruit juice processing. Enzymes are globular proteins that serve as catalysts for a range of biological and chemical reactions and have a variety of applications.
Carnipure is a special grade of the L-Carnitine health ingredient produced by Lonza, a Switzerland-based life sciences company. L-Carnitine is a natural nutrient that helps to metabolize fat and produce energy.
Latest Food Manufacturer Profile:
Cadbury is one of the world's leading confectionary firms, selling chocolate, gum and candy under its own name in addition to other brands such as Halls and Green and Black's. It also produces a range of beverages and functional and health foods.
Latest New Product Launches:
Nestea Lemon Flavoured Tea has been reformulated. This product is now available in a newly designed 250ml carton.
New cold beverages Product
New snacks Product
New cold beverages Product
New confectionery Product
Product launches are brought to in concert with Mintel's Global New Products Database
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