The initial purchase price for the transaction is $180 million in cash
December 18, 2020
Whole Earth Brands, Inc., a global food company enabling healthier lifestyles by providing access to premium plant-based sweeteners, flavor enhancers and other foods through a diverse portfolio of trusted brands and delicious products, announced that it has executed a definitive agreement to acquire all of the issued and outstanding capital stock of WSO Investments, Inc., the holding company for Wholesome Sweeteners Incorporated, an organic sweetener brand in North America.
The interactive booklet describes Tate & Lyle’s purpose, what it means to its employees and how it’s being lived across the organization
December 18, 2020
Tate & Lyle PLC, a leading global provider of food and beverage ingredients and solutions, underlined its commitment to its purpose of Improving Lives for Generations with the publication of a new booklet entitled ‘Improving Lives for Generations: Introducing our Purpose.’
Tanya Jeradechachai joins MGP as a vice president of ingredient solutions R&D
December 18, 2020
MGP Ingredients, Inc. hired Tanya Jeradechachai as a vice president of Ingredient Solutions R&D. Her experience in grain science and managing product development from concept to commercialization supports MGP’s role helping customers succeed with fast-paced new product development.
Kemin’s new interactive tool helps manufacturers improve corn tortilla performance, shelf life
December 18, 2020
Kemin Industries has added a new interactive mold inhibitor calculator to its Kemin Food Technologies – North America website. The tool is designed to help formulators improve texture, control microbes and molding in corn tortilla products to improve shelf life and overall performance.
Move marks mass expansion with an increased focus in brand marketing and innovation
December 18, 2020
Egg Innovations announced the acquisition of innovative, protein-centric fresh snacking brand PECKISH today in an all-stock deal. PECKISH joins the family of brands, which includes recently launched Blue Sky Family Farms eggs, marking mass expansion on the horizon.
IRI anticipates that a significant proportion of consumers will get vaccinated by mid-year to the end of 2021
December 18, 2020
IRI’s latest report, “Anticipated Vaccine Adoption and Impact on CPG Industry,” explores the opportunities that retailers and manufacturers have to promote vaccinations, both as a physical destination where consumers can get a vaccination, and as part of overall wellness campaigns.
State-of-the-art lab will apply science in new ways to unlock food's secrets and create plant-based food that consumers crave
December 17, 2020
Motif FoodWorks, the ingredient innovation company on a mission to make plant-based food taste better and more nutritious, announced the grand opening of its new lab and office space in the Boston Seaport neighborhood, a growing hub for science and technology innovation.
GODIVA, the global leader in premium chocolate owned by Yildiz Holding, named Nurtac Ziyal Afridi as CEO. The announcement caps her two months serving as interim chief executive officer in which she and her leadership team developed a three-year strategy to seize new opportunities through GODIVA's dynamic omnichannel structure.
New report reveals how COVID-19 accelerated major shifts in spending and attention
December 17, 2020
Coefficient Capital and The New Consumer worked with Toluna, Inc. to survey 3,500+ US consumers on shifting behaviors resulting from the COVID-19 pandemic. The survey, conducted in November 2020, asked consumers about their spending habits, consumption patterns and other behaviors related to food & beverage, fitness, alcohol and beauty.
B&D Flavours is the third company to become part of the Riverside platform and the first outside the US
December 16, 2020
B&D's solid reputation for quality and service in the Canadian market gives the newly formed match-up complementary capabilities to expand flavor solutions to customers throughout North America.