joint venture
GELITA Acquires Majority Stake in Turkish Gelatin Manufacturer
GELITA AG (Germany) has acquired 65 percent of the shares in the Turkish gelatin producer SelJel. With this joint venture, GELITA AG is further strengthening its position as the industry’s global leader, the company stated. The remaining 35 percent of the shares remain with the founding family Tezman. With approximately 6,500 metric tons of edible, ...
Tenshi and DolCas Announce Joint Venture
Tenshi Kaizen Private, Ltd. (Tenshi), Bengaluru, India, and DolCas Biotech, LLC (New Jersey) have announced the signing of an agreement for the creation of a joint-venture company. The joint venture between Tenshi, a technology-focused specialty pharmaceutical company, and DolCas, a leading U.S.-based strategic marketing and distribution firm specializing in branded nutraceutical ingredients, will be incorporated ...
Cargill & Royal DSM Join to Bring Zero-calorie, Cost-effective Sweeteners to Market Faster
As food and beverage producers look to significantly reduce calories in their offerings to consumers, they are in need of non-artificial, zero-calorie, great-tasting sweetener options. Cargill (Minneapolis, MN) and Netherlands-based Royal DSM, recently announced a new joint venture, Avansya, to rise to this challenge. Together, the companies will produce highly sought-after, sweet-tasting molecules, such as ...
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