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Home » food industry news

Articles Tagged with ''food industry news''

Food Industry News

Levy Capital Partners Announces Completion of Transactions for Norbest

The remaining equity in the new company will continue to be owned by the 37 turkey growers who previously owned Moroni Feed Company
September 16, 2015
Levy Capital Partners, LLC, a new merchant banking firm specializing in M&A and financings for leading growth companies, announced that it has completed financing and related transactions for its client Norbest, Inc., a grower, processor and marketer of turkeys.
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Food Industry News

GreenSpace Brands Acquires Love Child Organics

Love Child has had consistently strong revenue growth since it started operations in 2013
September 15, 2015
Under the terms of the share purchase agreement, on closing GreenSpace expects to pay the vendors of Love Child $3 million in cash
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Food and Beverage Industry Trends

Gluten-Free Products Market Worth $7.59 Billion by 2020

The global market for gluten-free products was valued at $4.63 billion in 2015
September 15, 2015
The market report defines and segments the Gluten-Free Products Market with analysis and projections of the size of the market both in terms of volume and value.
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Biena Chickpea Snacks Redesigns Brand

Brand receives update across packaging and digital presence
September 14, 2015
In an effort to match the bold flavor and taste appeal of its chickpea snacks, Biena announced a redesign of its protein-packed snack pouches at the 2015 Summer Fancy Food Show in New York City.
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Dr Pepper Snapple Group Invests in Premium Sports Drink

BODYARMOR SuperDrink received $20 million investment from Dr Pepper Snapple Group
September 9, 2015
Dr Pepper Snapple Group, Inc., reached an agreement to make an equity investment in BA Sports Nutrition, LLC, owner of BODYARMOR SuperDrink, a line of premium sports drinks.
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B&G Foods Expects Green Giant Acquisition to Close in Late 2015

B&G Foods comments on agreement to acquire Green Giant® and Le Sueur® brands
September 9, 2015
The Green Giant and Le Sueur brands trace their roots to Le Sueur, Minnesota in 1903, and the Minnesota Valley Canning Company.
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Food Industry News

Natural, Organic Food and Beverages to Reach $86 Billion

Segment expected to grow at a compound annual growth rate of 10.1% between 2014 and 2019
September 4, 2015
The retail market for natural and organic food and beverages is expected to grow at a compound annual growth rate (CAGR) of 10.1% between 2014 and 2019.
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B’more Organic Expands Distribution

Icelandic style skyr smoothies now available at 1,000 new locations
September 3, 2015
Rapid, sustained growth in the U.S. organic food market continues as recent data demonstrates that 81% of American families report purchasing organic products when they shop.
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General Mills to Sell Green Giant

B&G Foods to purchase iconic brand for approximately $765 million
September 3, 2015
General Mills, Inc. announced that it has reached a definitive agreement to sell its Green Giant and Le Sueur vegetable businesses to B&G Foods, Inc., for approximately $765 million in cash, subject to an inventory adjustment at closing.
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Flavorchem Acquires Hungarian Flavor Operation

Acquisition adds to Flavorchem’s European presence and supports the production of Flavorchem’s liquid, powdered and spray-dried products
September 3, 2015
The acquisition adds to Flavorchem’s European presence and supports the production of Flavorchem’s liquid, powdered and spray-dried products used by the baking, beverage, confectionary and nutraceutical industries.
Read More
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