Highlander Partners, L.P., a Dallas-based private investment firm, announced the merger of its portfolio company, Benestar Brands, with Palmex S. de R.L. de C.V., a portfolio company of Wind Point Partners. In this strategic move, Wind Point will become the majority shareholder of the combined business, while Highlander will retain a significant minority position.
Lamb Weston Inc., Eagle, Idaho, introduced Mini Waffled Hash Browns, billed as a “mini mashup of magnificent proportions.” Officials say product developers created a “hash brown that eats like a waffle” for on-the-go snacking as well as all dayparts.
Accenture joined forces with Unilever as part of a strategic initiative to leverage Unilever's AI research and implementation of technologies that enhance productivity, drive efficiencies, and accelerate disruptive and AI-powered innovations at scale.
The Specialty Food Association announced the 2024 Winter Fancy Food Show cohort, which is a mission-driven collective of BIPOC founders and executives, dedicated to amplifying underrepresented voices and creating equitable opportunities for diverse leaders across the consumer packaged goods ecosystem.
McCormick Flavor Solutions announced the Flavor Forecast 24th Edition, the annual report illuminating the latest trends shaping the way people enjoy flavors worldwide to inspire future product innovations. With this year’s report, McCormick also shared its 2024 Flavor of the Year: Tamarind.
Debuting in the UK and the Netherlands, six diverse new products are available to consumers for order today via UK premium online retail giant Ocado, the Netherland's largest retailer, Albert Heijn, and Dutch retailer Crisp who specialize in sourcing fresh and local produce.
WNWN Food Labs, maker of cocoa-free chocolate, announced it has successfully completed the CoLab Tech accelerator with Mondelēz International, Inc., and will showcase its cocoa-free chocolate bars, truffles and coated biscuits at Mondelēz International’s North American headquarters.
Sovos Brands, Inc. announced the promotion of E. Yuri Hermida to president of Sovos Brands, effective Dec. 11, 2023. Hermida will continue to report to Todd Lachman, founder and chief executive officer of Sovos Brands.