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Entrepreneurial Equity Partners, a Chicago-based private equity firm focused on the food and consumer packaged goods industries, announced that Kronos Foods, one of e2p’s portfolio companies, has reached an agreement to merge with Grecian Delight Foods, Inc., a Parthenis family business. Financial terms of the transaction were not disclosed.

Ingredion Incorporated and PureCircle Limited have reached an agreement on the terms for Ingredion to acquire a controlling 75% stake in PureCircle, one of the leading producers and innovators of stevia sweeteners for the global food and beverage industries. Ingredion is a leading global provider of plant-based ingredient solutions to diversified industries.

Food and beverage industry reports about consumer attitudes and purchase behavior in the face of the COVID-19 crisis are piling up by the dozens. Brand managers are currently dealing with massive swings in demand, closures, new operating procedures and other shifts in business operations. TAKE THE SURVEY!

As communities around the world struggle to cope with the real-life implications of the coronavirus (COVID-19) outbreak, The Kraft Heinz Company is providing an update on its response to the pandemic, the rescheduling of its upcoming Investor Day and business impacts to date, ahead of its first quarter 2020 earnings call later this month.

The Specialty Food Association (SFA) represents as many as 4,000 independent specialty food companies. Its two annual conventions—the Winter Fancy Food Show in January and Summer Fancy Food Show in June—prove to be key scouting opportunities for those manufacturers, retailers and foodservice operators interested to preview food and beverage trends.

During this peculiar time when so many aspects of life are uncertain, assessing the present moment is difficult.

Nature's Fynd, a food tech company producing a protein from a microbe originally discovered in the geothermal springs of Yellowstone's ancient volcano, has raised $80 million in new funding.

Pam deVries, General Manager, PROVA Inc., announced that the company has hired Julia Decruz to be the company’s new director R&D/applications, effective immediately. 

As coronavirus spreads nationwide, a recent survey by First Insight found that news of the virus is impacting the shopping behavior of 75% of respondents, up from 45% (a 70% increase) when comparing to a survey fielded in late February. The survey by First Insight, Inc., a leading technology company transforming how retailers make product investment and pricing decisions, also pointed to significant swings in behavior by women and Baby Boomers over the last three weeks. 

Global food and beverage manufacturers can now create and collaborate on exploring sugar reduction solutions with SweeGen in its newly launched Food and Beverage Application Centers located in four global regions --- North America, Europe, Asia-Pacific and Latin America.