Archives for March 2, 2011

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Closer scrutiny of US food imports promised

By Rick Pendrous

Exporters to the US and domestic importers can expect much closer scrutiny of their food safety controls, following the signing of the Food Safety Modernization Act by President Barack Obama in January.

US regulator begins probe into Kraft takeover of Cadbury

By Jane Byrne

Kraft Foods is facing another potential grilling about its takeover of Cadbury in early 2010 with the US Securities and Exchange Commission (SEC) examining its actions in relation to India under the US Foreign Corrupt Practices Act (FCPA).

Ohly acquires savory ingredients company Bakon Yeast

By Mike Stones

Yeast specialist Ohly, part of the ABF Ingredients group, has acquired the speciality savory ingredients company Bakon Yeast Inc located in Rhinelander, Wisconsin, for an undisclosed sum.