Danisco A/S announces sale of Danisco Sugar A/S to Nordzucker AG

Danisco A/S announces sale of Danisco Sugar A/S to Nordzucker AG Danisco A/S has announced that it has agreed to sell Danisco Sugar A/S to Nordzucker AG for an enterprise value of DKK 5,600 million. In addition, Danisco will receive DKK 600 million of cash proceeds from the sale of EU quota in 2007/08 and earlier
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Kyowa Hakko U.S.A., Inc. and Austin Chemical Company, Inc. have formed an alliance for Austin Chemical to market and sell Kyowa Hakko-produced Sustamine(TM) L-Alanyl-L-Glutamine in the United States and Canada for cell culture media end uses. Alliance Formed Between Kyowa Hakko U.S.A., Inc. and Austin Chemical Company, Inc. Kyowa Hakko U.S.A., Inc. and Austin Chemical Company, Inc. have formed an alliance for Austin Chemical to market and sell Kyowa Hakko-produced Sustamine(TM) L-Alanyl-L-Glutamine in the United States and Canada for cell culture media end uses. Senomyx Announces Extension of Discovery and Development Collaboration With Cadbury PLC Senomyx, Inc. (SNMX) has announced a one-year extension of its exclusive collaborative research and license agreement with Cadbury Adams USA LLC, a unit of Cadbury plc, for the discovery and commercialization of new flavor ingredients in the gum confectionery area. Senomyx Announces Extension of Discovery and Development Collaboration With Cadbury PLC Senomyx, Inc. (SNMX) has announced a one-year extension of its exclusive collaborative research and license agreement with Cadbury Adams USA LLC, a unit of Cadbury plc, for the discovery and commercialization of new flavor ingredients in the gum confectionery area. Senomyx Announces Extension of Discovery and Development Collaboration With Cadbury PLC Senomyx, Inc. (SNMX) has announced a one-year extension of its exclusive collaborative research and license agreement with Cadbury Adams USA LLC, a unit of Cadbury plc, for the discovery and commercialization of new flavor ingredients in the gum confectionery area. Senomyx Announces Extension of Discovery and Development Collaboration With Cadbury PLC Senomyx, Inc. (SNMX) has announced a one-year extension of its exclusive collaborative research and license agreement with Cadbury Adams USA LLC, a unit of Cadbury plc, for the discovery and commercialization of new flavor ingredients in the gum confectionery area. Senomyx Announces Extension of Discovery and Development Collaboration With Cadbury PLC Senomyx, Inc. (SNMX) has announced a one-year extension of its exclusive collaborative research and license agreement with Cadbury Adams USA LLC, a unit of Cadbury plc, for the discovery and commercialization of new flavor ingredients in the gum confectionery area. PROBIO ASA to acquire GELKAPS GmbH. PROBIO has announced that it has entered into an agreement to acquire GELKAPS GmbH, one of Europe's leading manufacturers of pharmaceutical and nutraceutical grade soft gelatin capsules. PROBIO ASA to acquire GELKAPS GmbH. PROBIO has announced that it has entered into an agreement to acquire GELKAPS GmbH, one of Europe's leading manufacturers of pharmaceutical and nutraceutical grade soft gelatin capsules. PROBIO ASA to acquire GELKAPS GmbH. PROBIO has announced that it has entered into an agreement to acquire GELKAPS GmbH, one of Europe's leading manufacturers of pharmaceutical and nutraceutical grade soft gelatin capsules. PROBIO ASA to acquire GELKAPS GmbH. PROBIO has announced that it has entered into an agreement to acquire GELKAPS GmbH, one of Europe's leading manufacturers of pharmaceutical and nutraceutical grade soft gelatin capsules. PROBIO ASA to acquire GELKAPS GmbH. PROBIO has announced that it has entered into an agreement to acquire GELKAPS GmbH, one of Europe's leading manufacturers of pharmaceutical and nutraceutical grade soft gelatin capsules. A Border-Free Collaboration for Natural Health: Biotanika and NRC Join Forces in an R&D Agreement Biotanika and the National Research Council Canada (NRC) have signed a collaborative research agreement bridging expertise from a private company and a federal R&D organization, and involving teams drawn from Quebec and Prince Edward Island. A Border-Free Collaboration for Natural Health: Biotanika and NRC Join Forces in an R&D Agreement Biotanika and the National Research Council Canada (NRC) have signed a collaborative research agreement bridging expertise from a private company and a federal R&D organization, and involving teams drawn from Quebec and Prince Edward Island. A Border-Free Collaboration for Natural Health: Biotanika and NRC Join Forces in an R&D Agreement Biotanika and the National Research Council Canada (NRC) have signed a collaborative research agreement bridging expertise from a private company and a federal R&D organization, and involving teams drawn from Quebec and Prince Edward Island. A Border-Free Collaboration for Natural Health: Biotanika and NRC Join Forces in an R&D Agreement Biotanika and the National Research Council Canada (NRC) have signed a collaborative research agreement bridging expertise from a private company and a federal R&D organization, and involving teams drawn from Quebec and Prince Edward Island. A Border-Free Collaboration for Natural Health: Biotanika and NRC Join Forces in an R&D Agreement Biotanika and the National Research Council Canada (NRC) have signed a collaborative research agreement bridging expertise from a private company and a federal R&D organization, and involving teams drawn from Quebec and Prince Edward Island. Lifeway Foods Reports Second Quarter 2008 Results Lifeway Foods, Inc. has announced FY08 Q2 results, reporting consolidated sales of approximately $11,522,000 compared to $9,715,000 during the same period a year ago. Lifeway Foods Reports Second Quarter 2008 Results Lifeway Foods, Inc. has announced FY08 Q2 results, reporting consolidated sales of approximately $11,522,000 compared to $9,715,000 during the same period a year ago. DSM acquires Valley Research to strengthen food enzymes activities Royal DSM N.V. has announced the acquisition of the business and substantially all of the assets of Valley Research Inc. of South Bend Indiana, United States. Through this acquisition, DSM further reinforces its leading global position in food enzymes. DSM acquires Valley Research to strengthen food enzymes activities Royal DSM N.V. has announced the acquisition of the business and substantially all of the assets of Valley Research Inc. of South Bend Indiana, United States. Through this acquisition, DSM further reinforces its leading global position in food enzymes. DSM acquires Valley Research to strengthen food enzymes activities Royal DSM N.V. has announced the acquisition of the business and substantially all of the assets of Valley Research Inc. of South Bend Indiana, United States. Through this acquisition, DSM further reinforces its leading global position in food enzymes. DSM acquires Valley Research to strengthen food enzymes activities Royal DSM N.V. has announced the acquisition of the business and substantially all of the assets of Valley Research Inc. of South Bend Indiana, United States. Through this acquisition, DSM further reinforces its leading global position in food enzymes. DSM acquires Valley Research to strengthen food enzymes activities Royal DSM N.V. has announced the acquisition of the business and substantially all of the assets of Valley Research Inc. of South Bend Indiana, United States. Through this acquisition, DSM further reinforces its leading global position in food enzymes. Mannatech Announces Corporate Staff and Expense Reductions Mannatech, Inc. (NASDAQ: MTEX) has announced it will immediately eliminate approximately 60 positions or roughly 15 percent of its United States workforce. Mannatech Announces Corporate Staff and Expense Reductions Mannatech, Inc. (NASDAQ: MTEX) has announced it will immediately eliminate approximately 60 positions or roughly 15 percent of its United States workforce. Nutrition 21 Appoints Michael A. Zeher President & Chief Executive Officer Nutrition 21, Inc. (NXXI) has announced that the Board of Directors effective July 14, 2008 appointed Michael A. Zeher as President & Chief Executive Officer and as a member of the Board. Nutrition 21 Appoints Michael A. Zeher President & Chief Executive Officer Nutrition 21, Inc. (NXXI) has announced that the Board of Directors effective July 14, 2008 appointed Michael A. Zeher as President & Chief Executive Officer and as a member of the Board. Nutrition 21 Appoints Michael A. Zeher President & Chief Executive Officer Nutrition 21, Inc. (NXXI) has announced that the Board of Directors effective July 14, 2008 appointed Michael A. Zeher as President & Chief Executive Officer and as a member of the Board. Nutrition 21 Appoints Michael A. Zeher President & Chief Executive Officer Nutrition 21, Inc. (NXXI) has announced that the Board of Directors effective July 14, 2008 appointed Michael A. Zeher as President & Chief Executive Officer and as a member of the Board. Pharming signs Commercialization Agreement for Lactoferrin with Aslan Group A.S. Pharming Group NV has announced that has signed a commercialization and supply agreement with Aslan Group A.S. in Turkey for the marketing and distribution of food or food supplements containing Pharming's human lactoferrin product (hLF). Pharming signs Commercialization Agreement for Lactoferrin with Aslan Group A.S. Pharming Group NV has announced that has signed a commercialization and supply agreement with Aslan Group A.S. in Turkey for the marketing and distribution of food or food supplements containing Pharming's human lactoferrin product (hLF). Pharming signs Commercialization Agreement for Lactoferrin with Aslan Group A.S. Pharming Group NV has announced that has signed a commercialization and supply agreement with Aslan Group A.S. in Turkey for the marketing and distribution of food or food supplements containing Pharming's human lactoferrin product (hLF). Pharming signs Commercialization Agreement for Lactoferrin with Aslan Group A.S. Pharming Group NV has announced that has signed a commercialization and supply agreement with Aslan Group A.S. in Turkey for the marketing and distribution of food or food supplements containing Pharming's human lactoferrin product (hLF). Cargill breaks ground for specialty canola research and production centre in Aberdeen Cargill hosted a groundbreaking event June 26 at the Aberdeen, Saskatchewan site of the company’s future specialty canola research and production centre, scheduled to open in November 2008. Cargill breaks ground for specialty canola research and production centre in Aberdeen Cargill hosted a groundbreaking event June 26 at the Aberdeen, Saskatchewan site of the company’s future specialty canola research and production centre, scheduled to open in November 2008. Cargill breaks ground for specialty canola research and production centre in Aberdeen Cargill hosted a groundbreaking event June 26 at the Aberdeen, Saskatchewan site of the company’s future specialty canola research and production centre, scheduled to open in November 2008. Dynova Laboratories Brings OTC Healthcare Marketing Expertise To Natural Products Market Dynova Laboratories has announced the acquisition of SiCap Industries LLC and its innovative line of capsaicin-based products marketed under the Sinus Buster brand. Dynova Laboratories Brings OTC Healthcare Marketing Expertise To Natural Products Market Dynova Laboratories has announced the acquisition of SiCap Industries LLC and its innovative line of capsaicin-based products marketed under the Sinus Buster brand. Lonza Announces U.S. Authorized Distributors Lonza announces the appointment of Seltzer Ingredients and Pharmachem Laboratories, Inc. as Lonza’s authorized U.S. distributors for its nutritional ingredient, Carnipure(TM). Lonza Announces U.S. Authorized Distributors Lonza announces the appointment of Seltzer Ingredients and Pharmachem Laboratories, Inc. as Lonza’s authorized U.S. distributors for its nutritional ingredient, Carnipure(TM). Herbalife Receives Approval for Five Provincial Direct-Selling Licenses in China Herbalife Ltd. (HLF) has announced that China's Ministry of Commerce has granted five additional licenses for the company to conduct direct-selling business in the provinces of Beijing, Guangdong, Shandong, Zhejiang and Guizhou. All licenses are effective immediately, except Beijing which will be activated after the company opens service outlets. Herbalife Receives Approval for Five Provincial Direct-Selling Licenses in China Herbalife Ltd. (HLF) has announced that China's Ministry of Commerce has granted five additional licenses for the company to conduct direct-selling business in the provinces of Beijing, Guangdong, Shandong, Zhejiang and Guizhou. All licenses are effective immediately, except Beijing which will be activated after the company opens service outlets. ChromaDex Licenses Green Chemistry Technology to Manufacture a New Class of Super Fruit Compounds ChromaDex Corp., (OTCBB: CDXC) has announced that its wholly owned subsidiary has entered into a world-wide license agreement with The Research Foundation of the State University of New York, on behalf of the University at Buffalo (SUNY Buffalo), to produce and market three classes of plant-based ingredients for nutraceutical, functional food, beverage, natural chemical, cosmetic and pharmaceutical industries. ChromaDex Licenses Green Chemistry Technology to Manufacture a New Class of Super Fruit Compounds ChromaDex Corp., (OTCBB: CDXC) has announced that its wholly owned subsidiary has entered into a world-wide license agreement with The Research Foundation of the State University of New York, on behalf of the University at Buffalo (SUNY Buffalo), to produce and market three classes of plant-based ingredients for nutraceutical, functional food, beverage, natural chemical, cosmetic and pharmaceutical industries. ChromaDex Licenses Green Chemistry Technology to Manufacture a New Class of Super Fruit Compounds ChromaDex Corp., (OTCBB: CDXC) has announced that its wholly owned subsidiary has entered into a world-wide license agreement with The Research Foundation of the State University of New York, on behalf of the University at Buffalo (SUNY Buffalo), to produce and market three classes of plant-based ingredients for nutraceutical, functional food, beverage, natural chemical, cosmetic and pharmaceutical industries. ChromaDex Licenses Green Chemistry Technology to Manufacture a New Class of Super Fruit Compounds ChromaDex Corp., (OTCBB: CDXC) has announced that its wholly owned subsidiary has entered into a world-wide license agreement with The Research Foundation of the State University of New York, on behalf of the University at Buffalo (SUNY Buffalo), to produce and market three classes of plant-based ingredients for nutraceutical, functional food, beverage, natural chemical, cosmetic and pharmaceutical industries. ChromaDex Licenses Green Chemistry Technology to Manufacture a New Class of Super Fruit Compounds ChromaDex Corp., (OTCBB: CDXC) has announced that its wholly owned subsidiary has entered into a world-wide license agreement with The Research Foundation of the State University of New York, on behalf of the University at Buffalo (SUNY Buffalo), to produce and market three classes of plant-based ingredients for nutraceutical, functional food, beverage, natural chemical, cosmetic and pharmaceutical industries. Lyndhurst Naturals Acquires Rights to New Lines Lyndhurst Naturals has announced that it has been appointed broker in Western Canada for the following brands: The Bio-Vert(TM) range of environmentally friendly cleaning products and The equibar(TM) range of certified organic fruit bars. Lyndhurst Naturals Acquires Rights to New Lines Lyndhurst Naturals has announced that it has been appointed broker in Western Canada for the following brands: The Bio-Vert(TM) range of environmentally friendly cleaning products and The equibar(TM) range of certified organic fruit bars. Lyndhurst Naturals Acquires Rights to New Lines Lyndhurst Naturals has announced that it has been appointed broker in Western Canada for the following brands: The Bio-Vert(TM) range of environmentally friendly cleaning products and The equibar(TM) range of certified organic fruit bars. NBTY Reports Third Quarter Results NBTY, Inc. (NYSE: NTY) has announced FY08 Q3 results, reporting net sales of $535 million compared to $503 million for the fiscal third quarter prior year, with net income of $46 million, or $0.72 per diluted share, compared to $51 million, or $0.74 per diluted share, for the fiscal third quarter ended June 30, 2007. NBTY Reports Third Quarter Results NBTY, Inc. (NYSE: NTY) has announced FY08 Q3 results, reporting net sales of $535 million compared to $503 million for the fiscal third quarter prior year, with net income of $46 million, or $0.72 per diluted share, compared to $51 million, or $0.74 per diluted share, for the fiscal third quarter ended June 30, 2007. CRN Announces New Dues Structure For 2009 The Council for Responsible Nutrition (CRN) has announced a new membership dues structure for Voting members, effective January 2009, in an effort to make membership more accessible to mid-size and even smaller companies in the industry. CRN Announces New Dues Structure For 2009 The Council for Responsible Nutrition (CRN) has announced a new membership dues structure for Voting members, effective January 2009, in an effort to make membership more accessible to mid-size and even smaller companies in the industry. CRN Announces New Dues Structure For 2009 The Council for Responsible Nutrition (CRN) has announced a new membership dues structure for Voting members, effective January 2009, in an effort to make membership more accessible to mid-size and even smaller companies in the industry. CRN Announces New Dues Structure For 2009 The Council for Responsible Nutrition (CRN) has announced a new membership dues structure for Voting members, effective January 2009, in an effort to make membership more accessible to mid-size and even smaller companies in the industry. Comax Flavors Announces the Hiring of Dr. John L. Cavallo As Its New President Comax Flavors has announced the hiring of Dr. John L. Cavallo, formerly the Senior Vice President of Symrise’s Global Beverage Business Unit, as the new President of Comax. Comax Flavors Announces the Hiring of Dr. John L. Cavallo As Its New President Comax Flavors has announced the hiring of Dr. John L. Cavallo, formerly the Senior Vice President of Symrise’s Global Beverage Business Unit, as the new President of Comax. Comax Flavors Announces the Hiring of Dr. John L. Cavallo As Its New President Comax Flavors has announced the hiring of Dr. John L. Cavallo, formerly the Senior Vice President of Symrise’s Global Beverage Business Unit, as the new President of Comax. Comax Flavors Announces the Hiring of Dr. John L. Cavallo As Its New President Comax Flavors has announced the hiring of Dr. John L. Cavallo, formerly the Senior Vice President of Symrise’s Global Beverage Business Unit, as the new President of Comax. Cargill receives patent for breakthrough taste modification ID technology Cargill has announced that it has received a patent for a breakthrough technology in taste tissue imaging and taste modification that is superior to the cell screening technology currently available in the flavor, food and beverage industries. The patented technology will allow Cargill to effectively discover taste modifiers – such as sweetness enhancers, bitterness blockers, savory enhancers and salt enhancers – and develop flavors that make food and beverage products taste better. Cargill receives patent for breakthrough taste modification ID technology Cargill has announced that it has received a patent for a breakthrough technology in taste tissue imaging and taste modification that is superior to the cell screening technology currently available in the flavor, food and beverage industries. The patented technology will allow Cargill to effectively discover taste modifiers – such as sweetness enhancers, bitterness blockers, savory enhancers and salt enhancers – and develop flavors that make food and beverage products taste better. Cargill receives patent for breakthrough taste modification ID technology Cargill has announced that it has received a patent for a breakthrough technology in taste tissue imaging and taste modification that is superior to the cell screening technology currently available in the flavor, food and beverage industries. The patented technology will allow Cargill to effectively discover taste modifiers – such as sweetness enhancers, bitterness blockers, savory enhancers and salt enhancers – and develop flavors that make food and beverage products taste better. Silliker Announces Proprietary Testing Method Licensing Agreement with Kraft Foods Silliker has announced a licensing agreement with Kraft Foods for a patent pending in vitro method for predicting the Glycemic Index (GI) of foods. Silliker Announces Proprietary Testing Method Licensing Agreement with Kraft Foods Silliker has announced a licensing agreement with Kraft Foods for a patent pending in vitro method for predicting the Glycemic Index (GI) of foods. Silliker Announces Proprietary Testing Method Licensing Agreement with Kraft Foods Silliker has announced a licensing agreement with Kraft Foods for a patent pending in vitro method for predicting the Glycemic Index (GI) of foods. Nu Skin Enterprises and Toyo Bio-Pharma Enter Agreement for Joint Product Research and Development Nu Skin Enterprises, Inc. (NUS) has announced that it has has signed a memorandum of understanding for a joint research and development relationship with Toyo Bio-Pharma, Inc. (a subsidiary of Toyo Shinyaku, Japan), a natural products manufacturer with facilities in the United States and Japan. To facilitate this relationship, the companies established a new joint venture, NU Toyo Research, Inc., in the United States. Nu Skin Enterprises and Toyo Bio-Pharma Enter Agreement for Joint Product Research and Development Nu Skin Enterprises, Inc. (NUS) has announced that it has has signed a memorandum of understanding for a joint research and development relationship with Toyo Bio-Pharma, Inc. (a subsidiary of Toyo Shinyaku, Japan), a natural products manufacturer with facilities in the United States and Japan. To facilitate this relationship, the companies established a new joint venture, NU Toyo Research, Inc., in the United States. Frost & Sullivan Honours GAT Food Essentials GmbH With European Functional Food & Beverage Microencapsulation Technology Innovation Award The 2009 Frost & Sullivan European Functional Food & Beverage Microencapsulation Technology Innovation Award has been presented to GAT Food Essentials GmbH in recognition of its proprietary wowCAPS(R) technology. Frost & Sullivan Honours GAT Food Essentials GmbH With European Functional Food & Beverage Microencapsulation Technology Innovation Award The 2009 Frost & Sullivan European Functional Food & Beverage Microencapsulation Technology Innovation Award has been presented to GAT Food Essentials GmbH in recognition of its proprietary wowCAPS(R) technology. Frost & Sullivan Honours GAT Food Essentials GmbH With European Functional Food & Beverage Microencapsulation Technology Innovation Award The 2009 Frost & Sullivan European Functional Food & Beverage Microencapsulation Technology Innovation Award has been presented to GAT Food Essentials GmbH in recognition of its proprietary wowCAPS(R) technology. BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010. BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010. BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010. BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010. BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010. BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010. BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010. BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010. BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010. Synergy Flavors Invests in Sensory Flavor Profiling Research Synergy Flavors has commissioned a new research program at North Carolina State University to study the sensory profiles of a range of protein ingredients. Synergy Flavors Invests in Sensory Flavor Profiling Research Synergy Flavors has commissioned a new research program at North Carolina State University to study the sensory profiles of a range of protein ingredients. Synergy Flavors Invests in Sensory Flavor Profiling Research Synergy Flavors has commissioned a new research program at North Carolina State University to study the sensory profiles of a range of protein ingredients. Synergy Flavors Invests in Sensory Flavor Profiling Research Synergy Flavors has commissioned a new research program at North Carolina State University to study the sensory profiles of a range of protein ingredients. Synergy Flavors Invests in Sensory Flavor Profiling Research Synergy Flavors has commissioned a new research program at North Carolina State University to study the sensory profiles of a range of protein ingredients. Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders. Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders. Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders. Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders. Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders. Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders. Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders. NPI Daily - Top of The News for Nov. 20, 2009 - FDA Issues 22 Warning Letters to Website Operators Frost & Sullivan Honours GAT Food Essentials GmbH With European Functional Food & Beverage Microencapsulation Technology Innovation Award; Synergy Flavors Invests in Sensory Flavor Profiling Research; FDA Issues 22 Warning Letters to Website Operators; Nordic Naturals Ultimate Omega™ First Fish Oil to Participate in NFL/NFLPA Sports Nutrition Label Certification Program; BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates; New Organic Berry Whole Food Energy Bar from Amazing Grass Delivers Whole Food Nutrition; Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors NPI Daily - Top of The News for Nov. 20, 2009 - FDA Issues 22 Warning Letters to Website Operators Frost & Sullivan Honours GAT Food Essentials GmbH With European Functional Food & Beverage Microencapsulation Technology Innovation Award; Synergy Flavors Invests in Sensory Flavor Profiling Research; FDA Issues 22 Warning Letters to Website Operators; Nordic Naturals Ultimate Omega™ First Fish Oil to Participate in NFL/NFLPA Sports Nutrition Label Certification Program; BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates; New Organic Berry Whole Food Energy Bar from Amazing Grass Delivers Whole Food Nutrition; Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors Heart Health Alert: Niacin May Reverse Hardening of the Arteries Heart Health Alert: Niacin May Reverse Hardening of the Arteries Heart Health Alert: Niacin May Reverse Hardening of the Arteries Heart Health Alert: Niacin May Reverse Hardening of the Arteries Spotlight on Savory Side Dishes Spotlight on Savory Side Dishes Spotlight on Savory Side Dishes Another Reason to Choose Healthy Lifestyle Habits Another Reason to Choose Healthy Lifestyle Habits	Danisco A/S has today agreed to sell Danisco Sugar A/S to Nordzucker AG for an enterprise value of DKK 5,600 million. In addition, Danisco will receive DKK 600 million of cash proceeds from the sale of EU quota in 2007/08 and earlier Danisco Sugar has entered into an agreement with the Danish and Swedish beet growers associations in respect of beet supply for the forthcoming campaigns Upon closing of the transaction, Danisco will contribute DKK 150 million to the beet growers in Denmark and Sweden to facilitate acquiring an equity interest in Danisco Sugar The transaction is conditional upon merger clearance and the shareholders of Danisco A/S granting the Board of Directors a mandate to close the transaction at the Annual General Meeting on 20 August 2008. The transaction is expected to close within six months Danisco does not expect to record any gain or loss from the divestment Upon completion of the transaction, the Board of Directors expects to initiate a share buyback programme of between DKK 750 million and 1,000 million, bringing Danisco’s financial gearing in line with the lower end of our stated gearing target of 2.5x - 4.0x net debt / EBITDA The divestment of Danisco Sugar is the final step towards the transformation of Danisco into a focused, bio-based, market-driven ingredients provider CEO Tom Knutzen of Danisco comments: ‘The sale of Danisco Sugar represents a positive outcome for our shareholders and another milestone towards a focused ingredients business following the divestment of Flavours in 2007. I am pleased that Danisco Sugar and the Danish and Swedish beet growers associations have reached an agreement for the supply of sugar beet going forward. Under Nordzucker's ownership, Danisco Sugar will continue to develop in its key markets and we wish the business continued success. This divestment marks the beginning of a new era for Danisco, and we remain committed to the strategic priorities outlined in our results announcement of 23 June 2008.’ CEO Hans-Gerd Birlenberg of Nordzucker AG comments: ‘I am truly delighted that our concept for the joint future of Nordzucker and Danisco Sugar has had a positive response. With Danisco Sugar we are gaining a partner which is in excellent all-round shape and which will strengthen our operations substantially right from day one. Strategically, the two firms are excellently matched – and culturally we have also discovered that we have a great deal in common. In short, Danisco Sugar is the best possible partner for Nordzucker.’ Chairman of Danske Sukkerroedyrkere, Jørn Dalby, comments: ‘Nordzucker is owned by beet growers. We expect that, together, Nordzucker and the Danish and Swedish growers will provide a strong platform for the future development of Danisco Sugar.’ Chairman of Svenska Betodlarna ek.för., Otto von Arnold, comments: ‘The conclusion of discussions regarding the future price of sugar beet and the investment contribution from Danisco create a strong basis for the future development of beet growing in Denmark and Sweden.’ Separation of Danisco Sugar On 4 March 2008, the Board of Directors of Danisco announced that it would separate Danisco Sugar either by way of a sale or a spin-off to existing shareholders. Following a comprehensive auction process, Danisco has today signed an agreement with Nordzucker AG for the sale of Danisco Sugar for a total enterprise value of DKK 5,600 million. The transaction is subject to certain customary closing adjustments, including in respect of working capital. For the financial year ending 30 April 2009, Danisco Sugar expects to generate revenue of approximately DKK 7.0 billion and EBIT (before special items) of approximately DKK 450 million. Therefore, the enterprise value represents a multiple of 12.4x EBIT for 2008/09 or 7.0x EBITDA. In addition, Danisco will receive DKK 600 million of cash proceeds from the sale of EU quota in 2007/08 and earlier. Danisco will keep approximately DKK 360 million (EUR 48 million) as a loan to Danisco Sugar, which will carry a coupon of 5% per annum and will be repaid in full by the end of February 2010. In the opinion of the Board of Directors of Danisco and its financial adviser, the outlined transaction represents a more value-enhancing solution for the shareholders of Danisco than a spin-off. The Board of Directors of Danisco also believes that the combination of Nordzucker AG and Danisco Sugar is an attractive solution for other important stakeholders such as customers, beet growers and employees. The Board of Directors of Danisco therefore believes that the transaction is in the best interests of Danisco’s shareholders and will recommend the shareholders of Danisco to grant the Board of Directors a mandate to close the transaction at the Annual General Meeting on 20 August 2008. The agreement is conditional upon merger clearance and the shareholders of Danisco granting the Board of Directors a mandate to close the transaction at the Annual General Meeting on 20 August 2008. Danisco Sugar secures sugar beet supply Following a substantial increase in the price of alternative crops during the past year, Danisco Sugar has reached an agreement with the Danish and Swedish beet growers associations regarding the future supply of sugar beet, thereby ensuring that sugar beet remains an attractive crop. Upon closing of the transaction, Danisco will contribute DKK 150 million to the beet growers in Denmark and Sweden to facilitate acquiring an equity interest in Danisco Sugar. Danisco becomes a focused, bio-based, market-driven ingredients provider Upon completion, Danisco will become a focused ingredients company. Danisco plans to enhance shareholder value by designing and delivering bio-based ingredients to our industrial customers worldwide and thereby become our customers' First choice. As set out in our Announcement of Results for 2007/08 on 23 June, our long-term target is to deliver organic growth of 5-7% and an EBIT margin (before share-based payments but after corporate costs and central R&D) of 13.5%. For 2008/09, we expect revenue of DKK 12.6 billion (corresponding to organic growth of around 6%) and EBIT (excluding share-based payments but including corporate costs and central R&D) of DKK 1.4 billion. Use of proceeds A portion of the net proceeds will be used to reduce net debt in line with the lower end of our revised financial gearing target range for net debt/EBITDA of 2.5x-4.0x. After completion, Danisco expects to ensure compliance with these targets by returning between DKK 750 million and 1,000 million of cash to the shareholders by way of a share buyback programme. The timeframe and the final amount of this share buyback programme will be decided in connection with the completion of the transaction. Accounting treatment of the divestment Danisco does not expect to book a gain or loss in respect of the divestment. Danisco Sugar will be booked as discontinued operations for the financial year ending 30 April 2009. Deutsche Bank AG London acted as the exclusive financial adviser to Danisco in connection with the sale of Danisco Sugar.
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