CVC Capital Partners and Bosch reach agreement for sale of Bosch Packaging Technology

Bosch plans to sell its packaging machinery business, based in Waiblingen, to a newly incorporated entity managed by CVC Capital Partners (CVC). The company and its Pharma and Food units will remain intact. Based in Luxemburg, CVC is a leading private equity and investment advisory firm with 24 offices in Europe, Asia, and the United States. It currently manages more than US$75 billion (€67 billion) of assets.

Plants still hot but meat’s not off the menu

People love plants. With their “naturally functional” halo, consumers of all ages want to eat more of them – and in more convenient forms. From cauliflower pizza to beetroot bread, plant-based is a trend that’s growing for the long term.

Sugar reduction strategies

Sugar reduction remains a central topic in the media and among consumers and opportunities for reducing sugar intake are taking a number of directions as companies address evolving concerns and demands.

Global condiments packaging market has huge growth prospects

The global packaging market is growing by leaps and bounds due to the increasing consumption of convenience-based packaging products, particularly in food products. Condiments are used during the cooking process to enhance the taste and texture of the food. Increasing demand of consumers for new variants in their food options has led to tremendous growth in the condiments packaging industry. Condiments enhance the quality and taste of food, making it more edible to the consumers. Condiments find their applicability across all the food and beverage sub-segments. There has been an increasing shift from the traditional condiments to new combinations of condiments to appeal to the choices of the customers. Condiment packaging increases the shelf life of the condiments and helps in restoring their freshness over a period of time. The global condiment packaging market is expected to grow enormously over a period of a few years.

DSM to acquire CSK to better serve global dairy industries

DSM recently announced that it has reached agreement with the shareholders of specialty dairy solutions provider Koninklijke CSK Food Enrichment C.V. (“CSK”) for the acquisition of a 100% interest in the company for a cash consideration of about €150 million. Subject to customary conditions, the transaction is expected to close before the end of the year.

Nutreco and Lowercarbon Capital join Mosa Meat to accelerate market introduction

MAASTRICHT, The Netherlands (January 7, 2020) — Mosa Meat, the company behind the world’s first cultivated hamburger, announced a strategic partnership with Nutreco, a global leader in animal nutrition and aquafeed, and with Lowercarbon Capital, a new US-based venture capital fund led by Chris Sacca, investing in planet healing technologies.

Real-time quality assurance made easier by new partnership

The joint venture will bring together Optimal’s PAT knowledge management platform, synTQ, and ABCS’ range of analytical instruments and sensors. As a result, customers interested in implementing PAT will benefit from a complete package that includes the companies’ advanced software and hardware solutions for real-time, quality-centric process control.

One Rock Capital Partners Completes Acquisition of Innophos

In conjunction with the completion of the transaction, Richard Hooper has been appointed Chief Executive Officer of Innophos, effective immediately. Mr. Hooper is an industry veteran with 40 years of specialty materials experience.

Kellogg Announces Commitment to Phase Out Glyphosate in Wheat and Oat Supply Chains

Glyphosate is the most widely used pesticide in modern agriculture. The practice of applying glyphosate just before harvest (to dry out crops evenly and quickly) is increasingly common for grains, leading to a higher risk of glyphosate residues in foods. Kellogg’s commitment is a step to protect consumers from eating foods with this pesticide still present.