Israel: Strauss Group to launch ‘animal-free’ dairy product line
Strauss Group, a food and beverage manufacturer, has announced the launch of CowFree, a new brand range containing animal-free beta-lactoglobulin (BLG) protein that mirrors the properties of cow’s milk protein. The product range includes a milk drink analogue under the name Yotvata, and a cream cheese under the name Symphony. The products are described as being are fortified […]
USA: PepsiCo to acquire full ownership of Sabra and Obela
FMCG giant PepsiCo has reached an agreement to acquire the remaining 50% of Safra and Obela and take full ownership of both companies. PepsiCo said the move would allow it to accelerate innovation in fresh dips and spreads to meet growing consumer demand. Created between 2008 and 2012, Sabra and Obela are 50/50 joint ventures […]