Pittsburgh-based supplement retailer GNC is reported to favor an initial public offering (IPO) after reports claim that interest cooled from Chinese dairy giant Bright Food Group Co to acquire the company.
Cereal Partners Worldwide (CPW), an alliance of Nestlé and General Mills, said that a large percentage of its cereal brands sold in Australia including Cheerios have been endorsed by the Heart Foundation there through its Tick programme.
International Flavors and Fragrances (IFF) has said it plans to invest $100m in two new flavor facilities in Asia over the next three years, responding to increasing demand from Asian food manufacturers.
Vitamin charity Vitamin Angels and DSM’s Sight and Life are addressing vitamin A deficiency in Indian children by establishing a sustainable supply and distribution system promoting “local ownership” of the deficiency problem.
Fusion Nutraceuticals has developed a new process for developing granulated zero-calorie sweeteners that better imitate the taste and functionality of sugar with nearly ten times fewer calories, the company has said.
Stevia supplier GLG Life Tech has entered into a joint venture with China Agriculture and Healthy Foods Company Limited (CAHFC) for the sale and distribution of stevia-sweetened foods and drinks, GLG has said.