Supplier News

Frutarom Acquires AB-Fortis

Frutarom Industries Ltd. announces the acquisition, via one of its subsidiaries, of the AB-Fortis activities including a patent-protected micro-encapsulation technology that enables delivery of iron with increased biological absorption.

FDA Issues GRAS No Objection Letter for BESTEVIA Reb D Stevia Leaf Sweetener

The manufacturing process, ingredient composition and other factors were provided to the FDA in GRAS notice No. 715. The FDA acknowledged in a letter dated Oct. 24, 2017 that it evaluated the application and has no further questions regarding the conclusion that BESTEVIA Reb D is GRAS under its intended conditions of use.

Naturex Acquires Swedish Oat Fiber

Naturex announces its acquisition of 100% of the shares of Swedish Oat Fiber, a specialised Swedish manufacturer of oat-based extracts and ingredients.

Paine Schwartz Partners Invests in Lyons Magnus

Paine Schwartz Partners, LLC announced that it has completed a investment in Lyons Magnus Inc., a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries.

SAS Sales and Marketing introduces KICKSTART FLORIDA

SAS Sales and Marketing based in Boca Raton, Florida provides executive level management and sales expertise to emerging food and beverage brands in the most cost efficient fashion.

Tate & Lyle Receives Non-GMO Project Verification for Oat Ingredients

The Non-GMO Project is a non-profit organization committed to preserving and building sources of non-GMO products, educating consumers and providing verified non-GMO options under the belief that everyone deserves an informed choice about whether or not to consume food or ingredients derived from genetically modified organisms.

InterContinental Beverage Capital Takes Equity Position in New Tree Fruit Co.

IBC has taken a minority stakeholder position as a partner with New Tree, LP. Under terms of the agreement, IBC will join the New Tree partnership and bring its expertise in strategic planning, global customer management, commercialization, industry relations, communication and capital formation to the enterprise.