Ingredients

Novax AB is the investment company of the Stockholm-based Axel Johnson Group.  Pic: Novax

Novax acquires Ulrick & Short

By Jim Cornall

Swedish investment company Novax has acquired a majority stake in Ulrick & Short, a UK producer of sustainable and healthier 'clean label' food and food ingredients.

Photo Credit: FONA International

McCormick acquires flavor manufacturer FONA International

By Mary Ellen Shoup

McCormick & Company has purchased 100% of the shares of natural flavors supplier FONA International for $710m, a deal which will accelerate McCormick’s global flavor growth and “the strategic migration” of its portfolio towards more value-added, health-focused...

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