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Home » Topics » Breaking News

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ADM Announces New Flavor Creation, Customer Innovation Facility

State-of-the-art creation, application facility in Cranbury, New Jersey, to enhance capabilities, convenience for customers
September 17, 2015
The 15,700-square-foot site will include lab, office and meeting space—including dedicated lab space for mint and oral care products—and will house a staff of flavorists and applications technologists.
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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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McCormick to Expand Organic, Non-GMO Offerings

Company to introduce a Non-GMO labeled vanilla extract, and plans to significantly increase the number of organic and non-GMO offerings in 2016
September 10, 2015
McCormick & Company, Incorporated, announced plans to take a leadership position in Organic and Non-GMO herbs and spices ahead of the peak holiday season.
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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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Heineken and Lagunitas Partner, Expand Craft Beer Distribution

Heineken to invest in a 50% stake in U.S. craft brewer
September 9, 2015
Heineken provides Lagunitas with a global opportunity to present its beers to new consumers and Lagunitas provides Heineken with the opportunity to build a strong foothold in the dynamic craft brewing category on a global scale.
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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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Hydrox Cookies Relaunched

Company invites Donald Trump to plant after his renouncing of Oreo®
September 8, 2015
The news of the Hydrox™ re-launch and Trump's boycott comes right as Oreo® starts to move much of their domestic production to Mexico. Upon hearing Trump's boycott speech, Ellia Kassoff, the CEO of Leaf Brands®, extended an invitation to Trump to visit the Hydrox plant outside of Los Angeles.
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Nutrition Facts Label Helps Young People Make Healthful Choices

By knowing a food's serving size, calories, and nutrients, kids can take charge of managing their own healthful diet
September 4, 2015
September is National Childhood Obesity Month. To help kids make healthful dietary choices, the U.S. Food and Drug Administration (FDA) encourages kids to Read the Label.
Read More
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