Lincolnshire ingredients company announces transatlantic merger
UK-based JDM Food Group has announced a merger with US company Henry Broch Foods, creating a new parent company, Jardins and Broch.
Global sugar and cocoa prices nearing record highs
Prices of raw sugar and cocoa touched 10-year and seven-year highs respectively in April 2023 due to tight supply and rising demand for both commodities.
Kerry reports continued growth over first quarter
Ingredients business Kerry Group has reported growth of 8.5% in the first quarter of 2023.
Heritage flavours will drive 2023 innovation says Kerry
Ingredients group Kerry, is predicting that flavours inspired by heirloom recipes will drive food innovation in 2023.
Kerry to sell its Sweet Ingredients portfolio to IRCA
Kerry Group plc is looking to sell its Sweet Ingredients Portfolio to IRCA for a consideration of €500 million.
