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Food Industry News

Peak Rock Capital Affiliate Completes Acquisition of Halo Foods Ltd.

Halo is a manufacturer of healthy bars and snacks, with an extensive portfolio that includes cereal bars, fruit and nut bars, gluten-free, high protein and nutritionally controlled bars
September 17, 2020
An affiliate of Peak Rock Capital, a leading middle-market private investment firm, announced that it has completed its acquisition of Halo Foods Ltd. in partnership with the management team of Halo.
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Food Industry News

ADM, CDP, Kellogg Launch Climate Week

Companies to host an online panel discussion
September 17, 2020
To kick off Climate Week, ADM and CDP will be co-hosting an online panel discussion, Nourishing Resilience: ESG as a Tool for Sustainable Food and Ag Growth, on Monday, Sept. 21, at 11 a.m. EST.
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US Foods Fall Scoop: Evolving Off-Premise Trends

Innovative product lineup designed to take advantage of the takeout and delivery boom and diners’ focus on safety
September 17, 2020
US Foods Holding Corp. launched Fall Scoop 2020, titled “On Point With Off-Premise – Designed To Make It.” This special edition of Scoop features 14 products designed to address trends within off-premise dining such as labor-saving products perfect for DIY meal kits and products that will help ease diner safety and hygiene worries, including tamper-evident packaging and sanitation items.
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The Kraft Heinz Company to Sell Natural, Grated, Cultured and Specialty Cheese Businesses

A US affiliate of Groupe Lactalis will purchase the business for a reported $3.2 billion
September 16, 2020
The Kraft Heinz Company announced that it has entered into a definitive agreement to sell its Natural, Grated, Cultured and Specialty cheese businesses to a US affiliate of Groupe Lactalis for a purchase price of $3.2 billion. The proposed transaction is expected to close in the first half of 2021, subject to regulatory review and approval.
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2020 NEW PRODUCTS CONFERENCE — A VIRTUAL EVENT

Prepared Foods Opens 38th Annual New Products Conference

New Products Conference Readies Day Two Agenda
September 16, 2020

Prepared Foods’ New Products Conference resumes Wednesday, Sept. 16, from 11 a.m.-4 p.m. EST with the following speakers to showcase R&D and innovation strategies, functional foods and beverages, cell-based technology, consumer insights, regenerative agriculture, and more.


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Highlander Partners to Acquire Hilo Nutrition

Hilo is an emerging and innovative player in the nutrition and wellness category
September 16, 2020
Highlander Partners, L.P., a middle market private equity firm based in Dallas, announced the acquisition of Hilo Nutrition, Inc. Headquartered in Columbus, Ohio, Hilo is an emerging and innovative player in the nutrition and wellness category.
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Grain Craft to Open New Lab

The lab will support long-term improvement of wheat quality, commitment to flour quality and consistency and ongoing exploration of innovation opportunities
September 15, 2020
In alignment with the company’s Core Value of Excellence, the new lab will strengthen its dedication in supporting and driving the long-term improvement of wheat quality, commitment to flour quality and consistency and ongoing exploration of innovation opportunities.  
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PepsiCo Announces Senior Leadership Appointment

Athina Kanioura named executive vice president & chief strategy and transformation officer
September 15, 2020
PepsiCo, Inc. announced that Athina Kanioura has been appointed executive vice president and chief strategy and transformation officer. She will report to chairman and CEO Ramon Laguarta.
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Five New Products from Schwan’s Consumer Brands This Fall

The company will introduced new products under the Red Baron®, Freschetta®, Edwards® and Pagoda® brands
September 14, 2020
Schwan’s Consumer Brands, Inc. — a subsidiary of Schwan’s Company — will launch five new products under the Red Baron®, Freschetta®, Edwards® and Pagoda® brands by October 2020.
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New Platform for Investing in Latin-Inspired Food & Beverage Brands

Berkshire Partners teams with Javier Vélez-Bautista to launch El Dorado Foods
September 11, 2020
Vélez-Bautista was most recently chief executive officer of Mission Foods, the leading producer of fresh and authentic tortillas and other Mexican food products.
Read More
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