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Food Industry News

Food Industry Executive Appointments: Q1 2018

Food and beverage companies look to new leadership for future growth
April 13, 2018
Food and beverage companies of all sizes have made important additions to leadership and management in recent months. Below is a short list of notable executive appointments.
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Specialty Food Association's 2018 sofi Award Winners

The sofi Award Product of the Year will be announced during the Specialty Food Association's Summer Fancy Food Show
April 13, 2018
The Specialty Food Association (SFA) has been presenting sofi Awards since 1972, celebrating culinary excellence and creativity worldwide through recognizing the outstanding work of its members. The 2018 winners include a wide range of culinary delicacies, from mouthwatering sauces to delectable desserts to savory snacks. Winners were chosen from more than 2,650 entries in a blind tasting by a national panel of culinary experts. 
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Food Industry News

Food Industry Acquisition Report: March 2018

Surveying strategic acquisitions across the food and beverage industry
April 10, 2018
Major ingredient suppliers, technology-driven, on-demand grocery businesses and high-end confectionery companies all experienced activity in the world of acquisitions last month.
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Hershey Cocoa For Good

The Hershey Company announces half-billion dollar sustainable cocoa strategy
April 9, 2018
Cocoa For Good is expected to impact the lives of thousands of farmers in cocoa-growing regions with a focus on West Africa where about 70% of the world’s cocoa is grown.
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Dunn’s River Brands Acquires Temple Turmeric

Strategic beverage platform acquires majority interest in marketer of function-forward elixirs, wellness shots, and probiotics
April 6, 2018
Daniel Sullivan, Founder and Chief Innovation Officer of Temple, said, “It’s a very exciting opportunity and honor to partner with Dunn’s River Brands. DRB is a world class organization of experts in all aspects of beverage brand building. We are thrilled to be working together on remarkable multifunctional innovations.”
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Campbell Announces Strategic Reorganization

The new structure better organizes the company’s core business operations, including important soup, simple meals and shelf-stable beverage and snacks portfolios
April 6, 2018
As part of the reorganization, Campbell Fresh will become part of the Accelerator unit to realize the growth potential of the packaged fresh category. The new unit will also be responsible for long-term innovation, small brand incubation, future consumer experiences, e-commerce and new distribution models.
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Cindy Reed Marketer Awarded 2017 Solution Provider All Star Award

The annual award recognizes the most successful 10% of Constant Contact’s customer and Solution Provider base
April 5, 2018
Cindy Reed Marketer is a public relations and marketing firm serving Fortune 500 and small businesses for over 25 years. They specialize in developing marketing communications and branding programs for their clients, employing a variety of techniques from advertising and digital marketing to web development to social media.
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DuPont Nutrition & Health Supports USDA Carrageenan Decision

Decision to include carrageenan in organic foods affirms safety and value of the ingredient
April 5, 2018
In making its decision to reject the NOSB’s recommendation, the USDA considered the scientific evidence and stakeholder comments, ultimately reaffirming carrageenan’s safety and value as a food ingredient. In the Federal Register notice, the USDA stated that “carrageenan continues to be necessary for handling agricultural products because of the unavailability of wholly natural substitutes.
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ZoomEssence, Inc. Expands Culinary Innovation Team

Company names Jeff Stopa as research chef and Duncan Fader as vice president of strategic accounts
April 3, 2018
These key additions demonstrate Zoom's commitment to culinary innovation using DriZoom powder flavors.
Read More
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Tyson Foods Shopping Pizza Crust Business

The sale of TNT Crust includes the pizza crust business of partially baked crusts, flat breads and self-rising crusts as well as the company’s two manufacturing facilities
March 29, 2018
Goldman Sachs is acting as Tyson Foods’ financial advisor on the sale.
Read More
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