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Farmgate Cheese launches in the USA

The company released a range of Australian made cheese accompaniments and condiments to partner with the plethora of international artisan cheese on the market
May 3, 2017
Melbourne-based specialty food brand, Farmgate Cheese has begun exporting its specialty condiments range to the United States of America.
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Schwan’s Celebrates 65 Years

The company will celebrate its rich heritage throughout 2017 with company and product brand renovations
May 1, 2017
The company was founded on March 18, 1952, when a 23-year-old Marvin Schwan loaded up 14 gallons of ice cream from the Schwan’s Dairy into a road-weary Dodge panel van and began selling it to customers in rural Minnesota. 
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Food Industry News

High Performance Beverages, Jammin Java to Create Joint Venture

Millennials are driving the cold coffee revolution with 66% drinking ice coffee or cold coffee beverages
April 28, 2017
High Performance Beverage Co. signed a Memorandum of Understanding (MOU) with Jammin Java Corp., in order to create a joint venture partnership for the development of a new line of cold coffee beverages.  
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Conagra Brands Names New Leadership

Barry Calpino joins company as vice president of innovation
April 28, 2017
Conagra Brands, Inc. announced Barry Calpino has joined the company as vice president of innovation. Calpino will report to chief growth officer, Darren Serrao.
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Food Industry News

Ashland to Acquire Pharmachem Laboratories for $660 Million

Transaction expected to strengthen Ashland's position in nutraceuticals while advancing processing and formulation expertise
April 27, 2017
Ashland Global Holdings Inc., Covington, Ky., has signed a definitive agreement to acquire privately owned Pharmachem Laboratories, Inc., Kearny, NJ, a provider of quality ingredients to the global health and wellness industries and differentiated products to fragrance and flavor houses.
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Probiotics Market to Reach $3.56 Billion by 2025

The global probiotics ingredients demand was $1.71 billion in 2015
April 26, 2017
Probiotics ingredients used in the healthcare and medical food industry have to strictly abide by the regulations and standards set by the FDA.
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Conagra Brands to Purchase Thanasi Foods

Encore Consumer Capital completed the sale of Thanasi Foods, marketer of Duke’s and BIGS snack brands
April 26, 2017
Thanasi Foods will continue to be led by Justin Havlick and the existing leadership team of Thanasi Foods. Financial terms were not disclosed.  
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Tyson Foods To Acquire Advancepierre Foods

Acquisition expands Tyson Foods' portfolio of prepared foods and protein-packed brands
April 26, 2017
The total enterprise value of the transaction, which has been approved by the Boards of Directors of both companies, is approximately $4.2 billion, including $3.2 billion in equity value and $1.1 billion in assumption of AdvancePierre debt.
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154 Specialty Food Products Receive Top Honors

The Specialty Food Association has been presenting sofi Awards since 1972
April 25, 2017
From high atop New York City, the Specialty Food Association announced the winners of the prestigious 2017 sofi™ (specialty outstanding food innovation) Awards.
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