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Home » Topics » Breaking News

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BensonHill_900

Benson Hill Completes Business Combination with Star Peak Corp II

The transaction provides approximately $319 million in gross proceeds to the company
September 30, 2021

Benson Hill intends to use the proceeds from the transaction to provide balance sheet strength and flexibility to attack large and growing domestic and international markets, extend leadership position and commercial scale in plant-based ingredients, invest in additional proprietary data for CropOS®, expand product portfolio, and build synergistic channels and partnerships to accelerate growth and profitability.


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Food Industry News

Tilley Company Acquires Ingredients Solutions

Tilley and Ingredients Solutions partnership creates a market leading distributor of specialty hydrocolloids
September 29, 2021

Baltimore-based Tilley Company, Inc., a regional distributor and value-added service provider of specialty chemicals and lubricants and a portfolio company of SK Capital Partners, announced the acquisition of Ingredients Solutions Incorporated. 


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Sokol_Sunkist_900

Sokol Partners With Sunkist

New relationship to yield a new line of fruit-driven and better-for-you dressings and sauces
September 28, 2021

The partnership includes development and production of a complete line of better-for-you Sunkist branded dressings and sauces in a variety of vibrant and fruit-driven flavors.


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Ingredion_900

Ingredion, Batory Foods Sign New Ingredient Distribution Agreement to Expand Geographic Reach of Current Relationship

The arrangement consolidates Ingredion’s distributor reach in the West and Central Midwest
September 23, 2021

Ingredion Incorporated, a leading global provider of ingredient solutions to diversified industries, announced the signing of a new strategic distribution agreement with Batory Foods.


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OffEatenPath_Compostable_900

Frito-Lay Launches Industrially Compostable Bags for Off The Eaten Path Brand

The move advances the company goal to design 100% of packaging to be recyclable, compostable, biodegradable or reusable across portfolio by 2025
September 23, 2021

The compostable bags are currently available at Whole Foods Market and select retailers starting this month and are an example of PepsiCo's investments in breakthrough food packaging technology and the overall pep+ transformation.


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BlueDiamond_Growers_900.

Blue Diamond Growers Names New Leadership

Dean LaVallee to take on role as chief operating officer; Laura Gerhard to become vice president
September 22, 2021

Blue Diamond Growers named Dean LaVallee as the new chief operating officer (COO) for California’s largest almond cooperative.


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Prinova_Ing_House_900

Prinova Acquires The Ingredient House

The Ingredient House is a quality-focused supplier of ingredients to the global food and beverage industry
September 20, 2021

TIH has a significant presence in the sweetener, polyol and specialty ingredient sectors both in the US and internationally.


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Stacys_HelloSunshine_900

Stacy's Pita Chips Partners with Hello Sunshine To Amplify Female Founders

Stacy's® continues its legacy of lifting up female founders by announcing the 2021 Rise Project finalists and launching the FoundedByHer business directory
September 16, 2021

Stacy's Pita Chips is continuing its commitment to helping female founders be found by partnering with Oscar winning actress and producer Reese Witherspoon and the media company she founded, Hello Sunshine, to spotlight the 10 inspiring winners of the 2021 Stacy's Rise Project.


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FoodBytes_900

FoodBytes! Names 45 Standout Startups Selected for Pitch 2021

FoodBytes! Pitch attracts hundreds of applicants vying to drive change within global food systems
September 14, 2021

Since originally launching in 2015, FoodBytes! Pitch has become a go-to experience for startups looking to validate and grow their businesses, generate global industry exposure, and access invaluable mentorship, as well as corporate and investor connections.


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Oterra_21_900

Oterra signs agreement to acquire Diana Food’s Coloring Business

Diana Food is currently owned by Symrise AG
September 9, 2021

Oterra™ announced it signed a transactional agreement to acquire Diana Food’s natural food coloring business.


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