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DSM Forges Nutrition And Fragrance Giant With Firmenich Deal

2022-12-03T12:26:04Z

BerndSwanston4 : Page créée avec «  By Ludwig Burger and Bart H. Meijer AMSTERDAM, May 31 (Reuters) - Dutch specialty chemicals maker DSM struck deals to take over Swiss flavour and fragrance maker Firmenich and sell its engineering plastics division to become a major player in the fast-growing food ingredients and health products markets. Shares in DSM jumped as much as 12.6% after the company said on Tuesday that its shareholders will take 65.5% of the shares in a new group ca... »

By Ludwig Burger and Bart H. Meijer AMSTERDAM, May 31 (Reuters) - Dutch specialty chemicals maker DSM struck deals to take over Swiss flavour and fragrance maker Firmenich and sell its engineering plastics division to become a major player in the fast-growing food ingredients and health products markets. Shares in DSM jumped as much as 12.6% after the company said on Tuesday that its shareholders will take 65.5% of the shares in a new group called DSM-Firmenich, while the owners of unlisted Firmenich will receive a 34.5% stake of the combined entity plus 3.5 billion euros in cash from DSM. Analysts at brokerage Stifel said the transaction would "create a new giant in the nutrition space, and the only one to combine flavours and fragrances with nutritional benefits". Firmenich's businesses include making food ingredients and scents for detergents and creating fragrances for brands such as Calvin Klein and Mugler. At about 11.4 billion euros ($12.3 billion) in combined 2021 revenue, the new player will contest IFF Inc's leadership in the market for fragrances, flavours and ingredients for food and cosmetics. IFF, which last year combined with DuPont´s Nutrition and Biosciences business, had $11.7 billion in 2021 sales. In a back-to-back deal that concludes DSM's exit from industrial materials, DSM also agreed to sell its engineering plastics division to German peer Lanxess and private-equity firm Advent for 3.85 billion euros including assumed debt. Stifel analysts said the Firmenich deal values the Swiss company at 19.2 billion euros including debt, based on DSM's closing price on Monday. Also based on that price, DSM said its contribution to the merged entity had an implied value of 21.6 billion. It would not provide an overall valuation. But the nominal price tag for the combined group, working out at close to 41 billion euros, was marked up heavily on Tuesday, with DSM shares last up 8.2%, giving up some initial gains. Shares in Lanxess jumped more than 11% to a two-month high. The two stocks were Europe's top performing shares on Tuesday. "We're bringing together two iconic companies, where DSM is strong in health and nutrition, and Firmenich is very strong in fragrances and taste," said DSM co-Chief Executive Dimitri de Vreeze. "That creates solutions where we have health, sustainability, and tastes and flavour as being key for the future," he added. Firmenich's owners would become long-term shareholders of DSM-Firmenich, the two companies said, describing the transaction as a "merger of equals". DSM's board Chairman Thomas Leysen and DSM's co-CEOs Geraldine Matchett and Dimitri de Vreeze will take on the same roles at the merged group. Firmenich Chairman Patrick Firmenich, from the fourth generation of the founding family, is to become vice chairman, and [https://www.cruisewhat.com/hibachi-nutrition-facts-for-health/ https://www.cruisewhat.com/hibachi-nutrition-facts-for-health/] the family is set to become the largest shareholder group in the new entity. Givaudan and Symrise are the runner-ups in the market share ranking for fragrances, flavours and ingredients for food and cosmetics. The industry, which has been expanding into functional food and health ingredients, offers strong growth, driven by consumers in emerging markets, with few cyclical swings. DSM and Firmenich said the merged group, expected to be created in the first half of next year, could see organic sales growth of 5% to 7% per year, while realising annual synergies from cost savings and new revenue opportunities of 350 million euros. DSM said last September that it would focus purely on ingredients for food and health products, having sold a unit making resins and coatings to Germany's Covestro website for about 1.6 billion euros earlier in the year. DSM last month agreed to sell its protective materials business, part of the materials division, to Avient Corp for $1.48 billion. Sales of its nutrition division, which produces goods ranging from vitamins and other supplements to baby formula and animal feed, rose 10% to 7 billion euros last year. DSM's total sales were 9.2 billion euros in 2021. Firmenich reported sales of 4.5 billion Swiss franc ($4.7 billion) last year. Both companies realised an adjusted core profit margin (EBITDA) of around 20%. DUAL HQ The new company will have dual headquarters in Kaiseraugst near Basel, Switzerland, and in the Dutch city of Maastricht. Its legal domicile will be in Switzerland but the shares will be listed on the Euronext Amsterdam exchange. The merger will be effected through a public offer of DSM shares, in which current DSM shareholders can exchange their share for a share in the new company. Lanxess and Advent said in a separate statement they formed a joint venture to acquire DSM's Engineering Materials business, a maker of plastics mainly for car parts, for 3.7 billion euros including assumed debt. Lanxess will transfer its own engineering plastics business into the new venture, receiving a stake of up to 40% and a cash payment of at least 1.1 billion euros in return. Under a drive to become less dependent on the cyclical auto industry, Lanxess secured an option to sell its stake to Advent after three years. ($1 = 0.9325 euros) (Reporting by Ludwig Burger in Frankfurt, Bart Meijer and Toby Sterling in Amsterdam, Emma-Victoria Farr in London, Patricia Weiss in Frankfurt, Mike Shields in Zurich; Editing by Kim Coghill and Susan Fenton) adverts.addToArray({"pos":"inread_player"})Advertisement

Hedge Fund Mogul 66 Now apos;wants To Marry Influencer Girlfriend 34 apos;

2022-12-03T12:21:12Z

BerndSwanston4 : Page créée avec « Hedge fund billionaire John Paulson, 66, now 'wants to marry' his 34-year-old girlfriend after moving her into his Fifth Avenue apartment - while the ugly divorce from his 51-year-old wife rumbles on. Things are getting serious between Paulson and nutrition influencer, Alina de Almeida, who is almost half his age, as a source claims she's telling pals 'he wants to have a baby with her and they are definitely getting married'. The pair, who are now thoug... »

Hedge fund billionaire John Paulson, 66, now 'wants to marry' his 34-year-old girlfriend after moving her into his Fifth Avenue apartment - while the ugly divorce from his 51-year-old wife rumbles on. Things are getting serious between Paulson and nutrition influencer, Alina de Almeida, who is almost half his age, as a source claims she's telling pals 'he wants to have a baby with her and they are definitely getting married'. The pair, who are now thought to share Paulson's swanky Manhattan home, have taken their relationship public at glitzy events since he filed for divorce in November. De Almeida, who charges $125 for diet plans for her company Effective Lifestyle, turned up the glam in a glittering dress as the pair mingled with Mayor Eric Adams this week. The influencer who has 138,000 followers also recently shared a video of herself on her company Instagram page with the Rockefeller Center in the background. Paulson's address is listed in the same street but it's unclear if de Almeida was working from his property. Alina de Almeida relaxing in a crop top and skintight leggings in a post on her Effective Lifestyle Instagram page Paulson and de Almeida rubbing shoulders with NYC Mayor Eric Adams at the Gabrielle's Angel Foundation earlier this week John Paulson's soon-to-be ex-wife Jenny Paulson pictured at the US Open in September 2018 which she attended with her husband Paulson's new girlfriend, Alina de Almeida, 34, flashing her trim abs in sportswear on her company's Instagram Potential wedding bells will be a fresh blow to Paulson's soon-to-be ex-wife Jenny after she reportedly. De Almeida strikes a pose in her gym gear - as she's said to have moved in with 66-year-old billionaire, John Paulson She was stunned to find out he had filed for divorce and 'run off' with de Almeida by reading a 2021 article, a source told the outlet. The pair, parents to two daughters named Giselle and Danielle, are said to have no prenuptial agreement in place. Paulson's lawyer has accused Jenny - who met Paulson when she was his secretary - of 'greed' for turning down the cash in May this year. 'People would have been astounded by the generosity of Mr. Paulson's offer, which would have given Ms. Paulson far more than what is required by law. Her greed has created an insurmountable obstacle to settlement,' attorney Bill Zabel told . Paulson also told the outlet that he had been trying to meet with Jenny and her lawyers for eight months, but she had, 'rejected all offers of arbitration or mediation.' In July, ex Jenny sued John for $1 billion, claiming he had set up a 'secretive web of trusts' to hide money from her, Page Six reported. The financier - ranked the No. 177 richest man in America in 2020 by Forbes - has retained Zabel, who has represented a string of rich and famous clients, including George Soros and Howard Stern. De Almeida sips on some juice as she poses in an off-the-shoulder top showing her natural beauty Alina de Almeida looking sleek in an all-white outfit as she 'tells pals she and Paulson will get married' John Paulson with Alina de Almeida sitting close together at the US Open in September Jenny's attorney told Page Six that she had engaged in negotiations with Paulson but had ultimately decided to take the case to trial. 'Husbands who have made a fortune in the marriage do not give their wives allowances... He is trying to put pressure on her to accomplish a settlement, and it is just wrong,' her lawyer, [https://www.cruisewhat.com/hibachi-nutrition-facts-for-health/ https://www.cruisewhat.com/hibachi-nutrition-facts-for-health/] Robert Cohen, said. The feuding couple, who have been married for two decades, are reportedly fighting over an impressive real estate portfolio upwards of $200million ahead of the divorce that could soon see the magnate's fortune dwindle. As well as their Manhattan residences, the couple also shared a swanky Southampton compound. Paulson is also the largest shareholder in Starwood Hotels. He owns a 7 percent stake of the $12.2billion company and is known to collect Alexander Calder pieces, which sell on average for $175,000. He also has major stakes in luxury resorts in Puerto Rico, including Condado Vanderbilt Hotel and St. Regis Bahia Beach Resort, according to Forbes. adverts.addToArray({"pos":"inread_player"})Advertisement

I Lost A Stone In 6 Weeks On The ZOE DIET

2022-12-03T12:16:46Z

BerndSwanston4 : Page créée avec « When my package arrived from Zoe Nutrition, it felt — and looked — like something from a fancy cosmetics range, or perhaps the hottest handbag of the season, straight from Selfridges. The expensive-looking butter-yellow box was delivered by courier, discreetly embossed with chic Zoe logos. But inside there was no pricey mascara or posh arm candy, rather small bundles of medical equipment: a lancet for testing my blood, a continuous blood glucose moni... »

When my package arrived from Zoe Nutrition, it felt — and looked — like something from a fancy cosmetics range, or perhaps the hottest handbag of the season, straight from Selfridges. The expensive-looking butter-yellow box was delivered by courier, discreetly embossed with chic Zoe logos. But inside there was no pricey mascara or posh arm candy, rather small bundles of medical equipment: a lancet for testing my blood, a continuous blood glucose monitor to slap on the back of my arm and a small sling for the loo seat (yes, really) to help me collect a stool sample of my own. But I couldn't have been more excited! And I'm not alone, because this particular parcel has a 221,000-strong waiting list. I'd spent the best part of the year edging to the top of the queue, and now it was finally my turn to enrol in the Zoe nutrition programme. Pioneered by Tim Spector, Professor of Genetic Epidemiology at King's College , the programme is part-diet, part-health programme and partnutritional science study. At more than £500 for a year, the Zoe nutrition programme is not cheap. But the programme is extremely popular - boasting a 221,000-strong waiting list I first came across Tim in the context of the Zoe Health Study, looking at an app downloaded by more than three million of us during the pandemic, tracking Covid-19 symptoms and enabling epidemiological results to be calculated. When I realised that the groundbreaking nutritional research of his team at King's had been combined with an app as sophisticated as the Covid one, I was sold. Because this is more than just a diet — everyone who signs up is enrolled in a study, the largest in-depth nutritional research programme in the world. RELATED ARTICLES Share this article Share At more than £500 for a year, taking part is not cheap. But the wait gave me time to save my pennies, as I was keen to be a part of something that could really shift the dial in thinking about nutrition. After all, the Covid app was pivotal in helping scientists and the Government understand the symptoms of the virus and how fast it was spreading. Imagine what this might do to the way we eat — and, consequently, how we feel about our bodies. . Since embarking on the programme Alexandra Heminsley has come to realise that the huge amount of control she has over her body is an enormous relief. She is pictured here before starting the diet Of course, no one wants to say they're on ‘a diet' these days. In an age of body positivity, saying you are signing up for a nutritional research programme might seem more appealing than admitting that you want to slim down. But I'm happy to be open about it. At 46, with a five-year-old son and rattling towards peri-menopause, I am exhausted — not just by a recent bout of Covid, but chiefly by nearly three decades' worth of diets. I remember the F Plan diet in the house as a teenager, then the Atkins, various celebrities espousing everything from maple syrup to cabbage soup, plus blood types and Dr Dukan. If you could stick to any of them, salvation! If you couldn't, more fool you. Might there be another way? By the time I edged out of my 20s I was demoralised by the whole merrygo-round and focused on improving my relationship with the body I had, rather then ones I saw in magazines. I'd long fought the idea that a trim waist equated to moral superiority I took up running and wrote books about marathons and open-water swimming. I learned to love my limbs for what they could do, rather than what they looked like. In the process, I didn't just learn to love myself, I made a whole career out of it, too. My bestseller Running Like A Girl, which has been sold in more than 13 countries worldwide, led to a decade of experience in talking directly to readers about how they feel about body image. I hear from people every day about how they had long thought sport ‘wasn't for them' until they read my work. For years I have met women who have thanked me for saying out loud that you didn't need to look like a runner in order to run; for encouraging them to get in the sea regardless of how they look in a swimsuit. ‘The fish don't care what size you are!' I'd say with abandon, and it always felt great. During my 30s, I underwent more than a year of IVF, before finally having a son with my ex-partner. Again, I prized my body far more for what it could do than what it looked like. I refused to bow to pressure to ‘snap back', determined that spending time with my baby was more important than an immediate return to fitness. And I don't regret it. Then, well into my 40s, I found myself shaken by how knocked I was by Covid. I was particularly rattled by how much of the impact was dietrelated. I had already gained more than a stone during lockdown, and now, too tired to make myself proper food, I was painfully aware of how my increasingly erratic eating habits were affecting my recuperation. Alexandra is pictured here after the diet. She lost one stone in six weeks. She admits that she realised much of her snacking was to do with a lack of sleep I was also struggling with running, knowing that the extra weight was part of what made it feel tough. On top of that, as someone who has made a career out of body confidence — used to smiling brightly and encouraging others — I increasingly didn't want to be recognised struggling along the seafront. Despite all this, I was still hugely resistant to the idea of going on a diet. I had spent more than a decade fighting the notion that a trimmer waistline equated to some sort of moral superiority. But when I heard about Zoe (which means ‘life' in Greek), with its cutting-edge tests to measure how each of us is affected by the food we eat, it seemed less like another ride on the futile ferris wheel of dieting and more like a way to try and future-proof my health. As the team at Zoe explain, for some, processing blood-fat levels is challenging; for others their body finds it hard to keep blood glucose levels steady. Each of us digests food differently as a result of the medication we've taken over the years, the diet we grew up with and even the pets we have in our family home. There's nothing like a piece of tech all but screaming NO! to put you off your almond croissant All of which meant that when my box of tricks arrived, I was less aghast at collecting my own stool sample than excited to know the state of my gut bacteria and which foods caused me more harm than they were worth. The app guides you day by day — hour by hour and minute by minute at some points — through the testing process. A packet of specially formulated muffins is sent with the kit, each with specific levels of sugars and fats in them, designed to be eaten at certain times of day, so the team can monitor how your body responds. On day one I set up the blood sugar sensor — the same sort of glucose monitor worn by those with diabetes. It was easy to press into the back of my upper arm (using a circular plaster) without help, and I definitely wasn't aware of the sensor after an hour or so. I wouldn't have thought about it any further if I hadn't been scanning my phone across it every eight hours for the next fortnight. Each time I did, I could see my blood glucose levels rising and dipping in perfect sync with what I ate, and even when I slept. This is the only part of the testing which provided instant results — and they had an almost immediate impact on how I ate. Pioneered by Tim Spector, (pictured) Professor of Genetic Epidemiology at King's College London, the programme is part-diet, part-health programme and partnutritional science study It wasn't that I didn't know the almond croissant I treat myself to after school drop-off wasn't going to get a nutritional gold star, but there is nothing quite like seeing a piece of medical equipment all but screaming ‘NOOOO!' in real time to make you think twice about it. Day two was the stool testing, and again, it proved to be surprisingly easy. The paper ‘sling' which went across the loo seat made scooping a small sample into a vial pretty simple, even if my five-yearold was dumbfounded when he appeared at the door. With the zeal of the convert, I popped the vial into the provided returns box and got it in the post asap. Day three involved eating the first two batches of muffins, testing blood fat and blood sugar. One portion was for breakfast and exactly four hours later came the lunch batch. Truly, I have never tasted a less appealing muffin. I knew they had been formulated in the name of science rather than pleasure, but I had not anticipated gagging on them. It took a full 20 minutes to get the ‘lunch' down, an unprecedented pastry-eating speed! Two hours later, I took the simple fingerpick blood test. Again, a medical returns envelope was provided, and I forgot about the results for the best part of a month. It's less a diet, more a personalised way to futureproof my health During this time the app encouraged me to monitor what I was eating by logging each meal in the diary within it, and gave me daily mini lectures on nutrition. As time passed I also realised that my previous resistance to ‘spending so much time being dictated to by a bloody app' had been a little off; those ten minutes while I made morning coffee (now black rather than milky) were vastly preferable to the endless ticker tape of self-recriminations, mental calorie arithmetic and gazing at photos of days gone by that had so recently dominated my mental landscape. I am ashamed to say I once worked out that you could con a step monitor by attaching it to a knitting needle while making socks and watching Endeavour. Now, I feel different, not least because I don't feel bossed around. Daily updates on the app informed me that portion sizes are not logged and no foods are ever entirely off-limits. This made my heart sing — my precious collection of cookbooks didn't have to gather dust, I just had to work out which recipes within were going to work better for me. Furthermore, the app revealed that calories were never again to be counted. The morning I was told that ‘only you can determine the right amount of food you need to satisfy your needs' I wanted to cry with relief. When my results finally arrived, there were more than 100 PDF pages, including the exact names of bacteria inside my gut plus how my data measures up against the rest of those who have taken the Zoe Predict Study. At first, the documents were overwhelming. But each member has an online appointment with their designated coach at this point to talk them through it. In short, my results boiled down to the fact that my body deals well with fat, that I have a wide variety of ‘good' bacteria and relatively few ‘bad' ones, but that my ability to regulate my blood glucose is pretty poor. No wonder my weight, my energy levels and, eventually, my mental health had all taken a slide. My blood sugar really was on a rollercoaster! The sheer number of cheeses I can enjoy was a delightful surprise When I later interviewed Sarah Berry PhD, Associate Professor in the Department of Nutritional Sciences at King's College London and part of the Zoe team, [https://www.cruisewhat.com/hibachi-nutrition-facts-for-health/ www.cruisewhat.com] she explained that this was probably connected to peri-menopause, as well as my gut diversity. Once my results were in, the app automatically updated. It is no longer about testing, but about learning which foods I should eat regularly, which to eat more of (‘Gut Boosters') and which to keep to occasional indulgences (‘Gut Suppresors'). You can search for foods by name, as well as scan the barcodes of supermarket ingredients. Everything I have eaten since has had a number attributed to it, and I'm encouraged to log that number after each meal, keeping the score above 50 and as close to 100 as possible. It was no surprise to see that spinach was encouraged and doughnuts were not, but the sheer number of cheeses I can enjoy was a surprise and a delight. Younger, yo-yo dieter me could never have imagined that fat-laden Camembert was in but watermelon (surely so innocuous?) was not. As well as the 1.2million foods on the app, there are hundreds of suggested recipes specific to your Gut Boosters. The core mindset is learning what works for your body, rather than following a rigid plan. Keeping my blood glucose steady by choosing foods which don't send it sky-rocketing is already producing results. Simply put, if you keep blood glucose steadier, your body is not constantly recovering from the inflammation associated with those sugar-highs, nor the dips and cravings that follow. As someone who enjoys cooking and gets bored by restrictive diet plans, the sheer variety now available to me has been encouraging. And knowing the order in which to eat certain things (for example, greens before carbs to slow down my glucose response) has meant I have changed a lot without feeling I've surrendered too much. Above all, being reminded of how much control I have over my own body has been an enormous relief. At last I feel free from whatever fad diet might come along next. It has only been six weeks since I downloaded the app, but the two biggest changes have been realising how much my lack of sleep has driven my snacking, and that eating much earlier in the evening helps with that. Consequently, I have already lost a stone without doing what I thought was ‘dieting'. I am determined not to follow my usual habit of eight weeks of victory followed by a slump. I have signed up for a year and won't judge it an unqualified success until I have kept it up for more than 12 weeks. But for now, I'm in clothes I haven't worn in two years, and I have downloaded the Couch-to-5k app all over again. It's all to play for, but I'm back in the game. joinzoe.com adverts.addToArray({"pos":"inread_player"})Advertisement

Utilisateur:BerndSwanston4

2022-12-03T12:16:43Z

BerndSwanston4 : Page créée avec « %% [https://www.cruisewhat.com/hibachi-nutrition-facts-for-health/ www.cruisewhat.com] My webpage: [https://www.cruisewhat.com/hibachi-nutrition-facts-for-health/ www.cruisewhat.com] »

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