The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

IFF has announced plans to sell its Flavor Specialty Ingredients (FSI) business to UK-based private equity firm, Exponent, for $220m in cash proceeds.

Cadman Capital Group has acquired Quoddy Savour Seafood, a Canadian seafood farming and processing business, for an undisclosed sum.

ADM has posted Q4 results highlighting strong export volumes for soybean meal and crop demand, which led to a profitable quarter for the US grains merchant.

ICL has invested €2.75m in Arkeon, a sustainable protein ingredients company, through its innovation and investment platform, ICL Planet Startup Hub.

Orchard House Foods, a UK-based provider of packaged fruit products, has filed a notice of intention to appoint an administrator.

Kerry is set to sell the trade and assets of its sweet ingredients portfolio to US private equity firm Advent International for a consideration of €500m.

Phoebe Fraser talks with Muriel Acat-Vergnet, CEO & President of Prova, at Food Ingredients Europe 2022, about their Sustainable Vanilla Programme.

Nestlé has begun testing its first animal-free milk product, Cowabunga, in collaboration with alt-dairy startup, Perfect Day.

Birmingham-based startup, Lifted Drinks, has launched an alcohol-free beer, enriched with ten grams of plant-based pea protein per can.

Sainsbury’s to launch a healthy food range with more than 65 products, including prepared meals, soups, smoothies and snacks to support a balanced diet.

Perfetti Van Melle has announced the launch of functional benefit variants of its Mentos Gum and Smint products, with added vitamins.

Ÿnsect has announced plans to build a new insect production site in the US, with construction beginning in 2023, and to establish an insect farm in Mexico.