Mergers And Acquisitions

Novonesis is born of Novozymes and Chr. Hansen merger

01-Feb-2024 By Olivia Haslam

Novozymes and Chr. Hansen have completed their merger, giving rise to a new global biosolutions company called Novonesis.

Chr. Hansen and Novozymes unveil future merged company name: ‘Novonesis’

13-Dec-2023 By Olivia Haslam

Danish bioscience companies Novozymes and Chr. Hansen have disclosed the name of their upcoming merged entity.

Can DSM Firmenich merger deliver on its synergistic promise?

08-Jun-2022 By Shane Starling

DSM and Firmenich’s mooted 2023 ‘Merger of Equals’ will create a nutrition, food ingredients and fragrances behemoth with 277 years of collective business experience and a combined annual revenue pushing towards €12 billion (£10.2bn).

M&A ferment continues in CBD space with new deals

04-Oct-2021 By Hank Schultz

The tide of acquisition and diversification in the hemp/CBD space continues to rise with two deals announced recently.

Myconic Capital Corp Capital Corp acquires KGK Science in $16.5 million deal

28-May-2021 By Hank Schultz

Contract research organization KGK Science Inc. will be acquired by Canadian investment issuer Myconic Capital Corp., it was announced yesterday. The deal is valued at as much as $16.5 million.

CBD industry consolidation continues with manufacturing facility sale

05-May-2021 By Hank Schultz

In a sign of further consolidation within the CBD/hemp products industry, THC Farmaceuticals Inc has announced it has acquired a contract manufacturer in Southern California.

Shelf space battle will intensify with Nestlé/Bountiful deal, observers say

04-May-2021 By Hank Schultz

Now that Nestlé has completed its acquisition of brands of The Bountiful Co. observers expect the CPG giant’s move into nutrition and wellness will continue to gather steam.

Nestlé confirms plan to purchase The Bountiful Co. in deal in $5 billion range

26-Apr-2021 By Hank Schultz

Swiss nutrition giant Nestlé has reportedly confirmed that it will acquire The Bountiful Co. prior to a planned initial public offering for the maker of Nature’s Bounty supplements.

A new era: IFF and DuPont mega-merger finalised with new brand identity

02-Feb-2021 By Nikki Hancocks

International Flavors & Fragrances Inc (IFF) and DuPont’s Nutrition & Biosciences (“N&B”) completed their €40.7bn merger yesterday (February 1st) and revealed a modernised identity for the new industry giant.

DuPont, IFF get final regulatory nod to create $45 billion industry giant

08-Dec-2020 By Hank Schultz

DuPont and IFF have received final regulatory approval from the European Commission for a merger that will create an industry giant valued at more than $45 billion.

Unilever to acquire supplement manufacturer SmartyPants

30-Nov-2020 By Hank Schultz

Unilever announced it has signed an agreement to acquire fast growing supplement manufacturer SmartyPants Vitamins.

Canadian cannabis giant enters US market

21-May-2020 By Danielle Masterson

Canada's Aurora Cannabis Inc. just announced it will acquire American hemp retailer Reliva LLC. The duo expects to be positioned as a meaningful player in the United States, the world’s largest cannabinoid market.

Innophos goes private as acquisition becomes final

07-Feb-2020 By Hank Schultz

The acquisition of ingredient supplier Innophos has been completed by a private equity firm, the parties announced today.

TB12 Acquires VitalFit

16-Jan-2020 By Danielle Masterson

Performance lifestyle brand TB12 announced that it has acquired wellness company VitalFit Nutrition.

Nestlé Health Science acquires personalized medicine platform

08-Jan-2020 By Danielle Masterson

New year, new acquisitions. Nestlé Health Science is once again bolstering its presence in the personalized nutrition space by acquiring LivingMatrix.

DuPont-IFF merger will create €40 billion nutrition and flavour business

16-Dec-2019 By Nathan Gray

A mega-merger between International Flavors & Fragrances Inc (IFF) and DuPont nutrition & biosciences unit will create a new industry giant worth more than $45 billion (€40.4 billion), say those involved in the deal.

Butterfly acquires a majority stake in clean nutrition brand Orgain

02-Dec-2019 By Danielle Masterson

The partnership will reportedly enable Orgain to expand consumer awareness, product innovation and global distribution.

Eurofins to acquire Covance Food Solutions from LabCorp for $670 million

30-Apr-2018 By Adi Menayang

LabCorp announced today that it has entered a definitive agreement to sell its Covance Food Solutions business to Eurofins Scientific for $670 million.

Aker BioMarine acquires Enzymotec’s krill oil business as Frutarom completes main takeover

22-Jan-2018 By Nathan Gray

One of Frutarom’s first actions upon completing its acquisition of Enzymotec is to offload its krill business to Aker in a €21.6 million deal, the company confirmed in a statement.

Twinlab rounds last bend in restructuring marathon with acquisition of Reserveage supplement line

21-Aug-2015 By Hank Schultz

Twinlab Consolidated Holdings LLC has competed the last lap of a journey that began when CEO Tom Tolworthy took the reins of the previous version of Twinlab in 2011. The plan has now come to full fruition with the impending acquisition of Organic Holdings...

Alternative proteins, delivery tech dominate M&A activity; supplements trail off

11-Aug-2015 By Hank Schultz

The Nutrition Capital Network reports that mergers and acquisitions activity in branded natural and organic food & beverage companies is on a record-setting pace for 2015. In addition, NCN reports rapid growth in financings in the emerging world of...

‘No better place than the nutra-science marketplace for financial investors’: BI Chief

16-Oct-2014 By Stephen Daniells

Nutraceuticals and dietary supplements are attracting a lot of private equity attention, and it’s not surprising, says George Pontiakos, given that ‘it’s a growing market that historically provides efficacy and value to consumers’.

Animal feed industry gets a new website

25-Mar-2014 By Jane Byrne

A new website has been launched to supply breaking news for the global animal feed industry – a sector that was valued at $500 billion last year.

Nutrition cluster holds but DSM profits slide 27% as recession bites

20-Feb-2013 By Shane Starling

Royal DSM saw 2012 EBIT (operating) profits fall 27% to €635m from €866m in 2011 – but the human and animal nutrition business it has invested €2.4bn in since 2010 added 6% in profit.

ChromaDex reports Q2 loss, expansion plans continue

13-Aug-2008 By Lorraine Heller

ChromaDex, which develops analytical standards for nutraceutical ingredients, has recorded a second quarter loss, but the firm maintains that the period was important for the developments it has made in order to expand its business.

Ajinomoto to acquire Calpis in $680m stock swop

11-Jun-2007 By Jess Halliday

Ajinomoto plans to merge with Japanese compatriot Calpis, in a
bid to further its transformation into a health and nutrition
company and develop more value-added products to meet market
demands.

Food industry M&As rebounding, says new report

13-Mar-2007 By Lorraine Heller

Mergers and acquisitions in the food industry in 2006 took a turn
up compared to the year before, with almost one third of all
activity occurring in the food processing sector, according to a
new guide by the The Food Institute.

Natraceutical enters finished products with Laboratoires Forté buy

02-Aug-2006 By Jess Halliday

Natraceutical Group is purchasing French supplement maker
Laboratoires Forté Pharma - a move that propels it into the
lucrative finished production section and that is expected to boost
its turnover by more than 50 per cent.

UK nutraceutical firm attracts equity group purchase

08-Aug-2005 By Dominique Patton

NeutraHealth, a UK shell company created to buy up nutraceutical
businesses, said today that it has made its first acquisition, the
probiotic supplement maker BioCare.

Nutra businesses sought after as M&A surges

14-Feb-2005

Strong demand for thriving health foods and supplements businesses
is putting sellers in a strong negotiating position, according to a
report that is due to be published this month by investment bank
Health Business Partners (HBP).

Planet Organic completes Trophic aquisition

03-Feb-2005

Planet Organic has completed its acquisition of vitamin, mineral
and supplements manufacturer and distributor Trophic Canada, and is
eyeing more opportunities across Canada and the United States.

Trophic becomes part of Planet Organic

09-Aug-2004

The Canadian corporation Planet Organic, which owns large natural
food supermarkets in Edmonton, Victoria, Calgary and Port
Coquitlam, and a chain of supplement and market stores across
Canada, has acquired Trophic, a manufacturer...

Moody's downgrade Cargill debt ratings

09-Jun-2004

Moody's Investor Services yesterday downgraded Cargill's debt
ratings, citing factors including the uncertainty surrounding
Cargill's strategy with regard to future acquisitions and increased
capital expenditure.

Naturex outlines expansion plans

09-Jan-2004

French plant extracts firm Naturex is seeking a new acquisition to
boost its share in the global ingredients marketplace.

Rocky results for TFF

29-Jul-2003

US firm Technology Flavors & Fragrances continues to falter in
2003 with a 70 per cent decrease in net income for the second
quarter, a decrease in net sales of 5.7 per cent and rising
operating costs.

Burns Philp bidding war

21-Jan-2003

The Burns Philp hostile bid for Australia's biggest food company
appears to be far from over with the ingredients and yeast company
yesterday referring its bid to the Australian Takeovers Panel - the
principal forum for resolving...

A stake in health

29-Oct-2002

Mergers and acquisitions in the food industry continue this week
with acquisitive Canadian company Stake technology taking over US
ingredients company Opta Food Ingredients at the price of €28m. The
move marks a bid by Stake to build...

Aquasearch merger appeases creditors

30-Jul-2002

Aquasearch, the Hawaiian company which develops nutraceutical
products from aquatic plants, has completed its merger with Mera
Pharmaceuticals.