German food processor Dr. Oetker has snapped up Imperial in a move to expand its portfolio in Belgium

GERMANY – German food processor Dr. Oetker has acquired Imperial, a Belgian specialist in baking and dessert mixes from Spanish group GB Foods for an undisclosed fee, Just food has reported. The acquisition is envisioned to strengthen Dr. Oetker’s market position in baked goods and dessert mixes in Belgium as GB Foods ‘focus more on strategically important categories’ according to the statement. According to Just…

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Beach Point achieves majority ownership of Wet Noses as AlphaPet snaps up German brand Herrmann’s Manufaktur

USA – Beach Point Capital Management, a California-based hedge fund manager, has acquired a majority stake in organic pet food manufacturer Wet Noses.   Beach Point Capital Management had already bought a minority shareholding in the company in December 2019 and this added investment will allow Wet Noses’ to expand its manufacturing capacity amid a “growing demand” for its organic…

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BENEO adds faba bean ingredients to animal nutrition portfolio to meet demand for sustainable feed

GERMANY- BENEO, a leading functional ingredients manufacturer, has added faba bean ingredients range to its animal nutrition portfolio to meet the growing demand for sustainable plant-based options for feeds and pet food. BENEO’s new range includes faba bean protein concentrate, starch-rich flour, and hulls, representing sustainable alternative sources of protein, starch, and fiber that enable feed manufacturers to improve the…

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Building Centennial Brands: lessons from German flour specialist Mühlenchemie

GERMANY – Flour treatment specialist Mühlenchemie is turning 100 years old this year, a milestone not many companies get to achieve in their entire lifetime. To mark this special milestone, the company plans to mark this all-important milestone with year-round celebrations starting on World Flour Day, 20 March 2023. The celebrations are a tribute to company’s achievement with its customers…

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Evonik invests US$27.3M to upgrade German methionine intermediates plant

GERMANY-Evonik, a world leader in specialty chemicals, has invested €25M (US$27.3M) in developing and expanding its methyl mercapto-propionaldehyde (MMP) production plant, an organic compound that is integral in the production of DL-methionine. Evonik, with a presence in more than 100 countries globally, said that the investment in Wesseling, Germany, is in line with its move to strengthen its world-scale global…

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