Archives for June 21, 2009

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Credit squeeze key concern for food makers, OECD report

By Lindsey Partos

Prices for key commodities used by food manufacturers may have eased since their peaks last year, but the cost of cereals and vegetable oils in the near term will remain far higher than pre-2008, projects the OECD.

Frutarom buys Chr. Hansen savoury unit in Germany

By Lindsey Partos

Acquisition-hungry firm Frutarom continued its rapid growth strategy, today announcing an "extremely synergetic" €5.2m deal to buy Chr. Hansen's savoury functional systems activities in Germany.