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Hormel Foods to Sell CytoSport to PepsiCo

The transaction is subject to customary closing conditions, including regulatory approvals
February 20, 2019
"PepsiCo has deep expertise and experience in the sports nutrition category and has been a long-standing distribution partner for CytoSport and the Muscle Milk® brand, which puts them in a strong position to grow this dynamic business," said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods.
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IFF Acquires The Additive Advantage

The move expands scent, taste and actives delivery capabilities
February 20, 2019
IFF Chairman & CEO Andreas Fibig said, “The acquisition of TAA helps to expand our large portfolio of offerings to customers in a truly unique way – through print technology. With the expertise that this talented group of people brings under our roof, we envision taking delivery systems to a completely new level and ultimately enriching how consumers experience our customers’ products.”
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Glanbia Nutritionals Acquires Watson

Acquisition to expand Glanbia’s portfolio and nutrient premix capabilities
February 20, 2019
Watson is a third-generation family business with an 80-year history of providing exceptional quality, capability and service to its customers. The transaction is highly complementary, strengthening Glanbia’s capability set with microencapsulation, agglomeration, micronizing, spray drying and edible film technologies.   
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Food Industry News

MycoTechnology Raises $30 Million

The $30 million in new investment will fuel expansion and accelerate R&D project execution
February 18, 2019
The funding round opens up an opportunity to explore different ways to meet consumer demands and bring new and novel ingredients to market. MycoTechnology will also use these additional funds for further expansion of the team in order to facilitate current and future projects.
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FrieslandCampina Finalizes Second Acquisition in the USA

The Dutch Royal FrieslandCampina N.V., a global dairy company, acquires the activities of Best Cheese Corporation USA
February 14, 2019
Roel van Neerbos, President FrieslandCampina Consumer Dairy: “As a part of our transformative strategy, we continue to focus on delivering the best product to serve consumer’s needs. The Americas is a strategic growth market for us. By acquiring Best Cheese and Jana Foods we will be able to grow our cheese business in the region further.”
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Amyris Appoints New Executive

Oreste Fieschi to assume role as president, sweeteners and ingredients
February 13, 2019
Fieschi has a successful track record in commercial leadership roles in the food and beverage and natural ingredients sectors, along with deep expertise in global markets.
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Blue Apron Knick Knacks

New recipe solutions give consumers flexibility to combine protein and produce with specialty, pre-portioned, refrigerated ingredients
February 11, 2019
Knick Knacks will feature a combination of pre-portioned spices, sauces, grains, and dairy ingredients from Blue Apron’s premium suppliers, such as crème fraîche from Vermont Creamery, furikake from Mara Seaweed, and preserved lemon puree from NY Shuk, as well as Blue Apron’s own proprietary products, such as its line of custom spice blends.
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Papa John’s ‘Pick Our Next Pizza’

The company developed four new pizzas for the campaign, each with a diverse flavor profile
February 6, 2019
Throughout the week, Papa John’s will narrow down the four choices to the standout winner. The winning pizza will be announced on February 12 and become a part of Papa John’s menu nationwide later this year.
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