Almarai Company announces its interest to acquire a controlling stake in National Food Products Company (NFPC) in the United Arab Emirates.
NFPC has officially initiated a competitive sale process for part of its share capital and has invited Almarai to proceed with due diligence.
In accordance with CMA Regulations, should this process proceed further, Almarai will make the necessary public announcements.
Source: Almarai
Upon FoodBev Media’s return from Vitafoods 2022 – which took place from 10-12 May in Geneva, Switzerland – the team reflects on the event’s aim to bring together international nutraceutical suppliers and experts from across the globe.
Following a strategic review last year, Mondelēz International is planning to sell its developed chewing gum business, which includes brands Trident and Dentyne. This is in addition to offloading its Halls cough drop brand, as the food giant focuses on generating 90% of revenue in its chocolates and biscuits businesses, including baked snacks.
Givaudan has unveiled NaNino+, a patent-pending combination of plant-based ingredients and natural flavorings that can replace nitrite in processed meat. Designed with natural ingredients, it provides a lasting multi-sensorial food experience with a good taste, color and freshness.
