Archives for January 17, 2012

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Frutarom continues recent spate of acquisitions

By Kacey Culliney

Israel-based flavours, botanicals and speciality ingredients player Frutarom has acquired 56% of Slovenian flavour company Etol for US$24.9m (€19.6m) and will bid for the full takeover in the coming weeks.

BASF pulls out of European GM market

By Nathan Gray

Ingredients and chemicals giant BASF has announced it will pull the plug on its European operations in genetically modified plant development due to a lack of acceptance in the market.

600 jobs to go at Premier Foods

By Oliver Nieburg

UK-based Premier Foods has announced that 5% of its 12,000 man workforce will be axed as the company sets larger cut targets.