Go back to the enewsletter Located on the island

first_imgGo back to the e-newsletterLocated on the island of Sumba in Eastern Indonesia, Nihiwatu continues to add new resort experiences, including the overnight Uma Izzie Spa Safari, the Coconut Cove Surf School and Nio Beach Bar and Infinity Pool for an exceptional getaway.Overnight Uma Izzie Spa Safari (Bale No. 4)Set in the nearby valley of Nihi Oka lies the Nihi Oka Spa Safari in which couples can enjoy an unlimited number of pre-selected treatments amidst uninterrupted views of the sea and next to abundant surrounding rice fields on the open air bales. For exclusive privacy, guests can also book the Uma Izzie Spa Safari (Nihi Oka Bale No. 4), a Sumbanese inspired one-bedroom villa for an overnight stay during their all-inclusive spa retreat.Coconut Cove Surf SchoolAn alternative to the iconic Boathouse with large swells from the popular surfer’s ‘Occy’s Left’ at Nihiwatu, Coconut Cove is home to a surf school with the calmest seas and pristine white beaches. The smaller waves at Coconut Cove are ideal for beginners and families for surfing, swimming, snorkelling, stand-up paddle boarding, body boarding and wake boarding. All equipment will be provided by the resort and guests can reach Coconut Cove by Nihiwatu’s Safari jeep or by boat.Offering a reprieve from a full day of water activities, guests can recharge on a comfortable chaise lounge, enjoy drinks and snacks from the bar and refresh with a quick shower. Coconut Cove is also great for those wanting a day away to explore other and calmer bays at Rua, the name of the sleepy fishing village where it has planted its roots.Nio Beach Bar & Infinity PoolA welcome addition to the existing Nio Beach Club is the Nio Beach Bar and 20-metre infinity pool, perched on the ‘Edge of Wildness’, offering stunning views of the Indian Ocean, Occy’s Left and local village life during low tides. Lunch and snacks are served by the pool, allowing guests to fulfill their wish to stay poolside for the rest of their stay. For special occasions, the Nio Pool can also be transformed into a magical setting for romantic dinners at sunset.Go back to the e-newsletterlast_img read more

IFFs Frutarom buys 70 stake in gelato ingredients maker Leagel

first_imgIsrael’s Frutarom was acquired by IFF last year in a deal worth $7.1 billion. IFF’s Frutarom buys 70% stake in gelato ingredients maker LeagelPosted By: Jules Scullyon: March 14, 2019In: Business, Dairy, Industries, Ingredients, Mergers & AcquisitionsPrintEmailInternational Flavors & Fragrances (IFF) has announced that its Frutarom division has acquired a 70% stake in ice cream ingredients producer Leagel.San Marino-based Leagel makes a range of gelato, ice cream and toppings, selling to clients in around 25 European countries.  As part of the deal, IFF retains an option for the residual 30% stake in Leagel to be exercised after three years.Amos Anatot, president of IFF’s Frutarom division, said: “The purchase of the stake in Leagel aligns well with our strategic acquisition in 2017 of SDFLC Brasil Indústria E Comércio Ltda (SDFLC), a top Brazilian producer of taste solutions for ice creams and desserts.“We see great opportunities to combine these companies and create a global platform for our ice cream ingredients business, expand our geographic reach and leverage cross-selling opportunities.”Frutarom paid BRL 110 million ($33 million) for an 80% stake in SDFLC in 2017. When the deal was announced, the ice cream maker was in the process of building a new site to double its production output.The SDFLC deal was one of 11 acquisitions that Frutarom secured in 2017, up from eight in 2016. IFF bought Israel’s Frutarom last year for $7.1 billion, in a move to expand into fast-growing categories such as natural colours, enzymes, antioxidants and health ingredients.The combined business aims to meet increasing consumer demands for natural ingredients by focusing on the production of solutions for the health and wellness segments.Speaking to FoodBev last May, Yoni Glickman, president of Frutarom’s Natural Solutions business, said IFF and Frutarom are “very, very complementary”.“In the flavours space, our core business has always been around the small- and medium-sized customers globally so that’s really where we’ve focused our business for the last 80 years,” he said.“IFF’s focus is on the large-tier multinational companies, so from that point of view it’s a very, very complementary deal. It gives the combined company access to the whole spectrum of flavour companies – food and beverage companies – from large multinationals to small, medium-sized, local, innovative companies where our focus has been.”Share with your network: Tags: Frutaromice creamIFFlast_img read more