Global food and beverage company Danone and Earth Island®, maker of Follow Your Heart brands and a pioneering leader in plant-based foods, announced that it has entered into a share purchase agreement under which Danone will acquire 100% of the shares of Earth Island®.

Nestlé S.A. announced that it has reached an agreement to sell its regional spring water brands, purified water business and beverage delivery service in the US and Canada to One Rock Capital Partners in partnership with Metropoulos & Co. for $4.3 billion. The company's international premium brands including Perrier®, S.Pellegrino® and Acqua Panna® are not a part of the deal. The transaction is expected to close following the completion of customary closing conditions.

Alt-Meat innovator Redefine Meat announced the completion of a $29 million A-series funding round led by Happiness Capital and Hanaco Ventures.

The Coca-Cola Company announced in the United States the introduction of a new 13.2oz bottle made from 100% recycled plastic material (rPET)*. This new bottle will be available first in the company’s biggest and most iconic brand: Coca-Cola®.

It's clear that the plant-based revolution rolls on and continues to evolve. And not only has it reached mainstream status—but now it might be described as a global phenomenon.

Global warming now requires the acceleration of actions and investments to limit carbon emissions. Current laws under consideration call for government-sanctioned projects, which are underway to support the decarbonization of the industry, precipitating the arrival of environmental labelling. In response to these new needs, Nexira now has the ability to supply our customers with inavea™, the first line of carbon neutral ingredients.

Smithfield Foods, Inc. announced companywide health and wellness goals as part of its wide-ranging commitment to sustainability and continuous product improvement. By 2025, the company will reduce sodium and sugar by 10% and embrace clean labeling across its portfolio. The new goals are part of Smithfield's new standalone Health and Wellness pillar and expanded sustainability program.

Among the key pillars of the effort are using positive ingredients; expanding the company's portfolio of products that have been grown and made sustainably, through tools and techniques like regenerative agriculture and net water- and carbon-neutral production plants; and making it easier for consumers focused on health and wellness to consume products on the go through innovations such as LAY'S oven baked chips and Sabra Snack Cups.

Blue Pacific Flavors’ consistent commitment to responsible sourcing and sustainability has led a path to a partnership with Natural Extracts Industries (NEI) to put programs in place to help improve quality of life for farmers, and drive sustainable agricultural practices. 

Diana Food, part of Symrise Nutrition, was nominated as a finalist for the Edie Sustainability Leaders Awards 2021 in the category of “Waste and Resource Management Project of the Year.” Specifically, Diana Food is being recognized for its overall waste reduction strategy and recent initiatives that focus on the valorization (enhancement) of the company’s side streams.