Flavor and fragrance maker Givaudan said it was acquiring Vika B.V., headquartered in the Netherlands, to strengthen its portfolio of natural dairy solutions with products that include cheese ingredients.
Vika’s business would have represented approximately 64 million euros ($72.90 million) of incremental sales to Givaudan’s results in 2016 on a proforma basis, Givaudan said.
The terms of the deal were not disclosed.
By Silke Koltrowitz
PepsiCo is trialling products encoded with invisible digital watermarks for more effective recycling. The technology is pegged as the “holy grail” that will make mechanical sorting more efficient. The beverage […]
Lactalis Group is positioned to acquire a portfolio of Kraft Heinz brands, expected to close in the first half of 2021. The dairy supplier will also be partnering with the […]
Nestlé is investing a further RMB 400 million ($58.5 million) into China, in an effort to boost sustainable agriculture and production in the country. The capital will be used to fund […]