New offering meets certification standards for Roundtable for Sustainable Palm Oil
November 11, 2020
As part of ongoing efforts to increase the availability of sustainably sourced ingredients, Cargill will become one of North America’s first large-scale suppliers of segregated palm oil certified by the Roundtable for Sustainable Palm Oil (RSPO). Beginning December 2020, all palm oil production from the company’s Charlotte, North Carolina refinery will be solely dedicated to providing the sustainably sourced product.
Pretzilla is a pioneer in fresh soft pretzel bread and is a leading manufacturer in the category
November 10, 2020
Benestar Brands, LLC, a portfolio company of Highlander Partners, L.P., announced the acquisition of Miller Baking Company, the manufacturer of Pretzilla branded soft pretzel bites and buns. Headquartered in Milwaukee, Pretzilla is a pioneer in fresh soft pretzel bread and is a leading brand and manufacturer in the growing category.
The merged businesses will operate out of Crave Better Foods' home base of Connecticut
November 10, 2020
The transaction will create a partnership between Crave Better Foods and Josh Hochschuler and Steve Gill, the founders of Iris Brands and Talenti Gelato & Sorbetto. The terms of the combination are not being disclosed.
The move comes in response to new requirement to incorporate "organic certified" flavors
November 6, 2020
The launch is in response to the recent National Organic Program (NOP) ruling requiring manufacturers of organic foods and beverages to incorporate "organic certified" flavors whenever available.
The move complements, strengthens TreeHouse's existing branded and private label pasta portfolio
November 5, 2020
TreeHouse Foods announced that it has signed a definitive agreement to acquire the majority of the US branded pasta portfolio of Riviana Foods, a subsidiary of Ebro, for $242.5 million in cash.
Lubrizol Life Science Health (LLS Health) launches ASTAGILE™ microcapsules, its new sustainable, organic-certified, astaxanthin (Haematococcus pluvialis), microencapsulated with spirulina. The two ingredients have been uniquely combined in a patent-pending product designed to promote mental agility and support healthy aging for young and senior adults.
ADM’s primary interest is the vast, complex bacterial ecosystem that lives within the digestive tract
November 5, 2020
ADM Ventures, the corporate venture capital arm of ADM, announced its investment in Seventure’s Health For Life Capital (HFLC) Fund II. HFLC, based in Paris, is a leading venture capital fund dedicated to health, nutrition, microbiota and digital health.
Victoria Spadaro Grant joins company as president, innovation and commercial development
November 5, 2020
Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage ingredients and solutions, announced that Victoria Spadaro Grant has joined the company as its new president, innovation and commercial development. Spadaro Grant will also be a member of Tate & Lyle’s executive committee.
The purchase sets off multi-million dollar expansion into refrigerated, premium plant-based meal solutions
November 4, 2020
Fresh From Texas, LLC (dba Fresh Texas) a San Antonio-based business in partnership with Texas Next Capital has acquired the manufacturing plant of Austin-based Veggie Noodle Company (dba CeCe’s Veggie Noodles), located in Austin.
The transaction is valued at approximately $11.3 billion
November 3, 2020
Inspire Brands, Inc. and Dunkin’ Brands Group, Inc., parent company of Dunkin’ and Baskin-Robbins, announced that they have entered into a definitive merger agreement under which Inspire will acquire Dunkin’ Brands for $106.50 per share in cash in a transaction valued at approximately $11.3 billion including the assumption of Dunkin’ Brands’ debt.