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CampbellSnyder_900

Campbell Soup Completes Deal for Snyder's-Lance

March 27, 2018
Campbell Soup Company announced it has completed the acquisition of Snyder's-Lance, Inc. for $50 per share in an all-cash transaction, which represents an enterprise value of approximately $6.1 billion.
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Food Industry News

Givaudan Acquiring Naturex

Givaudan acquires 40.6% of the shares in Naturex and intends to launch cash tender offer for the remaining outstanding shares
March 26, 2018
As part of its 2020 strategy to strengthen its capabilities in natural flavor solutions for its customers, Givaudan announced that it has entered into an agreement to acquire 40.6% of the shares of Naturex.
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ADM Realigns Business Segments

ADM creates four new segments: Carbohydrate Solutions, Nutrition, Oilseeds and Origination
March 21, 2018
The new segments better reflect ADM’s operating structure and will enable the company to further highlight the differentiation of its product and service offerings and enhance its ability to respond to the evolving needs of customers.
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EverSweet Sweetener Provides Sweetness Without Calories

Cargill Starts Producing Zero-calorie Sweetener, EverSweet

As the focus on healthier lifestyle intensifies, EverSweet sweetener offers a new, delicious choice for reduced and zero-calorie food and beverages
March 20, 2018
Cargill has officially started producing EverSweet™, a zero-calorie, next-generation sweetener made with two of the best tasting sweet compounds found in the stevia leaf, Reb M and Reb D.
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Nestlé USA Names New Leadership

Steve Presley named Market Head and CEO of Nestlé USA, Paul Grimwood appointed Non-Executive Chairman
March 19, 2018
With $9.7 billion in 2017 sales, Nestlé USA is the largest of eight US operating companies as part of Nestlé Group. It includes iconic brands such as Lean Cuisine®, Nestlé® Toll House®, DiGiorno® pizza, Stouffer’s® and Nescafé® across Baking and Global Foods, Beverage, Foods, and Ice Cream divisions.
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ChickSeaFdsrv18_900

Chicken of the Sea Yellowfin Tuna Slices Receives 2018 Seafood Excellence Award

Chicken of the Sea® Yellowfin Tuna Slices was created by Thai Union’s Global Innovation Incubator, partly in response to the FDA’s Dietary Guidelines for Americans 2015-2020
March 19, 2018
Chicken of the Sea beat three other finalists to win the Award, which was determined by a panel of seafood experts on the basis of uniqueness and appropriateness to the market, taste, packaging, market potential, convenience, nutritional value and originality.
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Bundaberg, Pepsico Announce Distribution Partnership

Australian craft-brewed beverage brand to exponentially increase availability nationwide for California’s best-selling ginger beer
March 14, 2018
Outselling the market leader by nearly three times per point of distribution, Bundaberg has set its sights on accelerated US sales through the increased distribution made possible by the partnership.
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NellsonFacility18_900

Nellson Nutraceutical Opens World-Class Nutrition Bar Manufacturing Facility

Ontario, Calif., facility features in-line process capabilities enabling new formats, such as slabbed and extruded bites, triple layer bars and unique custom shapes
March 14, 2018
The state-of-the-art 300,000 sq. ft. facility offers the latest bar processing technology and capabilities available, and strengthens Nellson’s market-leading position in nutritional bar co-manufacturing.
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ArdentMills_Annex1_900

The Annex by Ardent Mills

New business unit is committed to partnering with farmers and customers to develop specialty ingredients and products
March 12, 2018
Driven by a team of experts The Annex offers the nimbleness, flexibility and speed of a start-up, all supported with the resources, relationships and expertise of Ardent Mills. It operates as a company-within-a-company, cultivating deep and lasting ties with farmers, university and private research teams, customers, and key vendors to identify, source, grow and pioneer everything from organic and heirloom grains to leading-edge ingredients.
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Bunge Logo

Bunge Completes Acquisition of IOI Loders Croklaan

The acquisition establishes Bunge as a global leader in business-to-business oil solutions with expanded value-added capabilities
March 8, 2018
With Loders, Bunge will provide a comprehensive customer offering, from core products to specialties, for B2B customers in the food processing, industrial and artisanal bakery, confectionery, human nutrition and food service segments.
Read More
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