The divestiture advances the company’s portfolio reshaping strategy, enabling greater focus on growth and reinvestment in its core chocolate, biscuit and baked snacks categories
December 19, 2022
Mondelēz International announced it has entered into definitive agreements to sell its developed-market gum business in the United States, Canada and Europe to Perfetti Van Melle Group, a leading European gum and confectionery maker for a headline purchase price of $1.350 billion or 15 times equivalent to estimated current year EBITDA.
Move brings access to innovative ingredient solutions to food and beverage customers in the United Kingdom, Ireland
December 15, 2022
Univar Solutions will distribute Kalsec’s natural taste and sensory, colors, and food protection ingredient solutions for savory applications in the United Kingdom and Ireland.
Janelle Orozco joins Kraft Heinz as North America zone chief procurement officer
November 28, 2022
Orozco will shape the overall vision of North America Procurement and direct its continued transformation to become a best-in-class Procurement organization.
Corporate move will help the companies meet the challenge of proteins for the future
November 15, 2022
This partnership represents a unique competitive lever for both players. Bel, true to its pioneering spirit, is pursuing its strategy of innovation for the future of food. Standing Ovation is accelerating the development of its technology and its concrete application.
Company makes key appointment and announces new offices in New York City
October 11, 2022
Based in Aleph Farms’ first US headquarters in New York City's historic Meatpacking District, Benmoussa will lead the company’s global growth agenda, spearhead its operational expansion in the US, and oversee finance, administration and legal departments globally for the company.
Company positioned for growth by combining multiple corporate offices to world headquarters
October 7, 2022
The move will foster closer collaboration, enhance team member agility and enable faster decision making, positioning Tyson to win with its team members, customers, and consumers. Team members will begin the phased relocation in early 2023.
The next step is for iTi to join a new Shore Capital Innovation platform and form a strategic partnership with BevSource, an existing Shore portfolio company
September 29, 2022
BevSource offers a full range of operational and support services to beverage entrepreneurs and brand owners of all sizes.
Partnership between cell-cultured meat producer and premium meat company fills gap for more sustainable, healthier, and scalable proteins
September 27, 2022
Orbillion Bio, a US based cell-cultured meat pioneer, announced a partnership with Luiten Food, a European leader in premium meats, to bring top-quality cell-cultured meats to more than 35 countries across Europe by 2025.
New facility increases ADM’s footprint at the University of Illinois Research Park and reflects a significant expansion of its capabilities
September 26, 2022
ADM celebrated the grand opening of the new ADM Science and Technology Center at the University of Illinois Research Park. The facility quadruples ADM’s footprint at the University of Illinois Research Park and reflects a significant expansion of its capabilities.
The partnership will enable joint product development, taking advantage of New Culture’s innovations in novel ingredients and animal-free dairy products
August 18, 2022
The companies will work toward accelerating New Culture’s food service and consumer applications with the support of ADM’s broad portfolio of product development resources and capabilities.