food
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IFF acquires DuPont’s Nutrition and Biosciences business
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International Flavors and Fragrances (IFF) announced yesterday its acquisition of DuPont’s Nutrition and Biosciences (N&B) business in a Reverse Morris Trust Transaction*. The deal values the combined company at $45.4 billion on an enterprise value basis, reflecting a value of…
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Alternative protein market gets investment boosts
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Calysta announced a $30 million investment from BP Ventures to support a worldwide rollout of Calysta’s FeedKind® protein, which is already being produced from the company’s Market Introduction Facility (MIF) in Teesside, England. The investment will help Calysta expand production…
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Solazyme changes name, abandons commodity chems and biofuel
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It should not come as a shock that Solazyme is now fully rebranding itself as a food and nutrition ingredients producer after recent announcements of production restructuring and layoffs. The company released a statement today that it has renamed itself…