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With DMH’s reputation for long-term customer relationships and premium ingredients, the acquisition strengthens Batory Foods’ commitment to providing best-possible customer service, and to continuously growing its ingredients portfolio.

Founded in 1956, Pancho's gained its popularity as a local Memphis favorite before evolving as a leading brand in the refrigerated queso dip category.

FONA International, developer and manufacturer of complete flavor solutions broke ground on a multi-million-dollar, high-tech manufacturing expansion. McCormick & Company, who purchased FONA in late 2020, is set to significantly increase FONA’s manufacturing footprint. 

The Naked Market, a next generation CPG business building a portfolio of food & beverage brands, announced it has raised $27.5 million in Series A funding. Integrated Capital led the round with participation from Great Oaks Venture Capital, Pacific Tiger Group, Sope Creek Capital and Clearco.

VDF FutureCeuticals, Inc. reported that Hartley Pond, senior vice president, has retired from the company. Pond joined FutureCeuticals in 1999 as one of FutureCeuticals' first employees and its very first salesperson. 

The team brings more than five decades of collective experience in building, selling and growing well-known consumer food brands.

Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80% of the world with its products and services, will break ground on a new manufacturing site in Verona, Mo., to produce clean-label ingredients that are used in a variety of applications for the food technologies sector. 

SKU works by equipping startups with the tools they need to succeed. Startup companies receive the resources and relationships that they require to become breakout successes and household names. SKU then surrounds those stellar startups with a wraparound infrastructure of seasoned entrepreneurial mentors, customized curriculum focused on the entire CPG ecosystem, advanced operations support, and access to funding.

Kevin Spratt has been promoted to president, US-Canada region and David Faturos has been promoted to executive vice president, chief financial officer. Dave Cowperthwait will join the executive team as executive vice president, chief supply chain officer, a newly created role at Rich’s. 

On a continuing growth path, CuliNex, a clean label food product consultancy, has recruited two industry veterans to accelerate business development and marketing activities.