Articles Tagged with ''food and beverage industry''

Talenti Gelato & Sorbetto announced that it has been acquired by Unilever, one of the world's leading suppliers of food, home and personal care products. The acquisition gives Talenti an unprecedented opportunity to grow and expand its footprint and reach more consumers. The terms of the transaction were not disclosed.

SmartCEO Magazine, which has editions in New York, Philadelphia, Baltimore and Washington DC, recently held their Circle of Excellence Awards program for the Philadelphia region.

According to a current study by Euromonitor International, the worldwide market for health ingredients has grown by 6.75% between 2013 and 2014.

Sensient Colors, a division of Sensient Technologies, has introduced a new line of natural colors under the Pure-S™ brand. These innovative new natural colorants open up the possibility of employing some of the most vibrant botanical shades nature has to offer.

Global ingredient supplier Ingredion Incorporated, Westchester, Ill., used this summers’ annual IFT exhibition to launch Idea Labs, a 24-site global network of customer innovation centers. Then in mid-October, officials hosted customers and media at Ingredion’s Bridgewater, N.J., location, a global Idea Lab resource and one of three U.S. Idea Lab sites.

Advent International, one of the largest and most experienced global private equity investors, today announced that it has acquired Noosa Yoghurt, LLC, a fast-growing leader in the yoghurt category. Noosa’s executive team remains in place and has retained a significant minority ownership position in the company. Financial terms of the transaction were not disclosed.

To put the market for kids' food and beverage in context, it is estimated that retail sales of all food and beverages in the U.S. will reach $639 billion with kids' food and beverages accounting for roughly 3.5% of sales. In 2013, total value of kids' food and beverage is estimated to be worth $23.2 billion.

Qualitas Health announced the launch of the first consumer products based upon Almega PL, marking the company’s transition from research and development into successful commercialization of the company’s premium algal omega-3 oil.

After months of hard work, the newest cohort of innovative food and beverage start-ups in the AccelFoods program will present their progress to tastemakers, industry insiders and potential investors at AccelFoods' Demo Day on December 3rd in New York.

Fuji Food Products, Inc., a fresh food manufacturing division of Meruelo Group and provider and distributor of pre-packaged sushi, announced a new manufacturing facility in South Elgin, Ill. and its expansion in the Midwestern United States.