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Home » Topics » Formulation » Authentic/Ethnic

Authentic/Ethnic
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Cacique_900

Cacique Announces Strategic Equity Investment by The Baupost Group to Accelerate Growth

The investment will support the company's long-term growth strategy
January 29, 2021
Cacique®, LLC – an independently owned Hispanic foods company and maker of authentic Mexican-style cheeses, cremas, and chorizos in the US – announced an addition to the company's ownership group as part of a round of funding that will be used to accelerate the brand's continued rapid growth nationwide. Boston-based investment manager The Baupost Group, LLC ("Baupost") will take a minority stake in Cacique.
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Food Industry News

Tropicale Foods Acquires Paleteria La Michoacana

Move creates expansive Hispanic frozen novelty company
January 21, 2021
Wind Point Partners and portfolio company Tropicale Foods, a manufacturer of authentic Hispanic-inspired frozen novelty products under the Helados Mexico brand, announced the acquisition of Paleteria La Michoacana (“PLM”), a portfolio company of Canum Capital Partners and Greyrock Capital Group.
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Olam_Pepper_900

Olam Food Ingredients Acquires US Chile Pepper Business

Acquisition is on-trend to support rising consumer demand for Mexican flavors
January 19, 2021
Olam Food Ingredients, the new operating group created after the reorganization within Olam International Limited earlier this year, is expanding its Spices portfolio to meet the rising demand for bold, authentic flavors with the acquisition of one of the world’s leading suppliers of premium green chiles, jalapeños and enchilada sauces.
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TrueSourceCert_900

True Source Honey: Certified Honey

True Source Honey will update certification standards in 2021
January 12, 2021
The updated standards will note that True Source Certified Honey whether imported to North America or purchased directly from North American beekeepers is tested for authenticity by an accredited laboratory at some point in the supply chain using either EA/LC-IRMS and Nuclear Magnetic Resonance (NMR) profiling or EA/LC-IRMS and High Resolution Mass Spectrometry (HRMS) analysis. This is in addition to the long-established pollen analysis requirements for shipments of honey from countries identified as high-risk.
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SaffronRoad_TikkaMasala

Old School Ingredients, Techniques Arrive in New School Forms & Flavors

Consumer culinary knowledge creates high expectations for product developers to deliver more genuine flavors
Chef Robert Danhi
Robert Danhi
January 4, 2021

Today’s consumers carry more culinary knowledge than ever before, and can boast familiarity with ingredients such as lemongrass and kaffir limes, black garlic, fenugreek and carob.


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Angelas_DomincanCakeMix_900

Angela's Bakery Dominican Cake Mix

Brooklyn bakery unveils new product in time for the holidays
December 3, 2020
Characterized by its moist and airy texture, and meringue frosting, Dominican Cake is a traditional cake common at celebrations.
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Ajinomoto_MSG_900

New Ajinomoto Campaign Challenges Assumptions About Monosodium Glutamate (MSG)

The company joins forces with Pepper Teigen, designer Zipeng Zhu, and Asian food brand Omsom to replace outdated "No MSG" signs with new "KNOW MSG" symbol
December 2, 2020
Ajinomoto Co., Inc., a producer of MSG committed to championing science and setting the record straight on the ingredient, announced a new campaign to address the heart of MSG's perception problem in the US: xenophobia-born misinformation.
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KattyLam_LeeKumKee_900

Lee Kum Kee Sauce Group Appoints New Leadership

Katty Lam to assume role as chief executive officer
December 1, 2020
Lam has more than 25 years of experience with renowned multinational food companies. 
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Cholula_900

McCormick to Acquire Cholula Hot Sauce

Move accelerates McCormick's condiment growth with a complementary authentic Mexican flavor hot sauce brand
November 25, 2020
McCormick & Company Inc., a global leader in flavor, announced that it has signed a definitive agreement to acquire the parent company of Cholula Hot Sauce®, a premium hot sauce brand that delivers authentic Mexican flavor, from L Catterton, for $800 million in cash.  
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LaTortillaFactory_2020_900

La Tortilla Factory Mexican Side Dishes

The three new side dishes are packaged in convenient-to-prepare microwavable pouches
October 12, 2020
La Tortilla Factory recently introduced new Authentic Mexican Side Dishes. Always passionate about innovating in the Mexican food category, La Tortilla Factory has expanded beyond the tortilla aisle, introducing three new microwavable pouches.
Read More
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