ADM has acquired Flavor Infusion International SA, Panama City, Panama, a supplier of liquid and powder flavours, emulsions, beverage systems, juice bases, mixes and other ingredients.  “We’re excited to open up new growth opportunities in Latin America and the Caribbean with the addition of FISA,” said Vince Macciocchi, President of ADM’s nutrition business. “Our nutrition segment has been delivering profit growth of 15% to 20% a year, and our flavours business has been an important driver of that success, with annual sales growth of more than 10%. This acquisition represents another important bolt-on addition as we expand our capabilities in this high-value segment.” Flavor Infusion International has two manufacturing facilities in the region, one in Panama and the other in Colombia.

This is ADM’s second acquisition in the past few months. In early November last year, the company reached an agreement to acquire Kennesaw, Ga.-based Deerland Probiotics & Enzymes. Deerland is a supplier of probiotics, prebiotics and enzyme technologies. FoodBusinessNews

Coca-Cola HBC annonces the completion of the acquisition by its wholly-owned subsidiary, Coca-Cola HBC Holdings BV of approximately 52.7% of Coca-Cola Bottling Company of Egypt SAE (CCBCE) from MAC Beverages Limited (MBL) for a cash consideration of USD304 million.

The acquisition gives Coca-Cola HBC access to the second-largest non-alcoholic ready-to-drink (NARTD) market in Africa by volume, building on existing scale in Africa and increasing Coca-Cola HBC’s exposure to high growth geographies. There is a significant opportunity to leverage Coca-Cola HBC’s proven route-to-market capabilities and 70 years of experience operating in emerging markets to increase penetration of The Coca-Cola Company’s brand portfolio and drive category leadership.

MarketScreener

Makers of lemon juice in South Africa may be slapped with anti-dumping duties by the US, if a petition against them succeeds. Last December, a US citrus juice maker, Ventura Coastal, filed a petition with the United States International Trade Commission, requesting that the US government impose anti-dumping duties on lemon juice from South Africa and Brazil. It alleges that lemon juice from South Africa and Brazil is sold at less than fair value in the US.

Should the petition succeed and anti-dumping tariffs be imposed, South Africa’s juice processors will be left with a lemon juice glut, Andre Swart, managing director of Venco Fruit, has commented. Venco Fruit is one of the juice makers named in the investigation.

Lemon-juice makers would not only generate less revenue, but they will have to target alternate export destinations in a world that is already experiencing an oversupply of lemon juice, Swart said. “It means that we will have much less imports in the USA and we have to find other markets for that depending on the duty that they raise eventually,” Swart said. But, he said the world currently has an excess of lemon juice. The US trade commission expects to deliver its determinations on the lemon juice anti-dumping probe this month. FreshFruitPortal