Tate & Lyle entered into an agreement to sell a controlling stake in a new company and its subsidiaries (“NewCo”), comprising its Primary Products business in North America and Latin America and its interests in the Almidones Mexicanos S.A de C.V (“Almex”) and DuPont Tate & Lyle Bio-Products Company, LLC (“Bio-PDO”) joint ventures, to KPS Capital Partners, LP (“KPS”) (the “Proposed Transaction”). Tate & Lyle and KPS will each own 50% of NewCo with KPS having Board and operational control.

Diamond Crystal Brands, Idahoan Foods, Knouse Foods, and Mount Franklin Foods joined to launch the Foodservice Brands Alliance ("FBA" or the "Alliance"), the first dedicated network for manufacturers in the foodservice industry.

ARYZTA® North America has announced it has changed its name to Aspire Bakeries, a name reflecting the direction the company aims to continue to move – upwards.

Celebrating its 10-year anniversary, Nascent Health Sciences, creator of the SoPure™ and PureQQ® brands, is unveiling a new corporate identity and a new strategic vision for the company.

Although there may be a pandemic-related slowdown, there’s no stopping new product development. To better help readers with corporate innovation strategy, Prepared Foods turned to leaders at the Eureka! Ranch and the Innovation Engineering Institute, Cincinnati. Founded in 1986, Eureka! Ranch has become a global think tank and innovation training company. 

The Almond Board of California (ABC) welcomed Charice Grace to the organization as new manager of trade marketing and stewardship. In her position, Grace will lead the execution of all trade public relations and advertising activities for North America.

Hormel Foods Corporation, a global branded food company, announced the appointment of Jacinth Smiley as group vice president of corporate strategy. Smiley will report to Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods.

Although there may be a pandemic-related slowdown, there’s no stopping new product development. To better help readers with corporate innovation strategy, Prepared Foods turned to leaders at the Eureka! Ranch and the Innovation Engineering Institute, Cincinnati. Founded in 1986, Eureka! Ranch has become a global think tank and innovation training company. 

The company is building a networked global organization, combining the power of scale with the deep knowledge required to win locally. The company will create new operating units focused on regional and local execution that will work closely with five marketing category leadership teams that span the globe to rapidly scale ideas.

Campbell Soup Company outlined its strategies to unlock its purpose, potential and performance. Led by President and Chief Executive Officer Denise Morrison, executives detailed plans to strengthen Campbell’s business through four strategic imperatives.