The transaction will create a partnership between Crave Better Foods and Josh Hochschuler and Steve Gill, the founders of Iris Brands and Talenti Gelato & Sorbetto. The terms of the combination are not being disclosed.

The launch is in response to the recent National Organic Program (NOP) ruling requiring manufacturers of organic foods and beverages to incorporate "organic certified" flavors whenever available.  

TreeHouse Foods announced that it has signed a definitive agreement to acquire the majority of the US branded pasta portfolio of Riviana Foods, a subsidiary of Ebro, for $242.5 million in cash.

ADM Ventures, the corporate venture capital arm of ADM, announced its investment in Seventure’s Health For Life Capital (HFLC) Fund II. HFLC, based in Paris, is a leading venture capital fund dedicated to health, nutrition, microbiota and digital health.

Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage ingredients and solutions, announced that Victoria Spadaro Grant has joined the company as its new president, innovation and commercial development. Spadaro Grant will also be a member of Tate & Lyle’s executive committee.

IRI projects turkey sales for Thanksgiving to be strong, with an emphasis on smaller whole birds or cuts. Turkey and roasting meats have enjoyed a sales boom during the pandemic, with the most robust growth among younger and lower-income shoppers.

Fresh From Texas, LLC (dba Fresh Texas) a San Antonio-based business in partnership with Texas Next Capital has acquired the manufacturing plant of Austin-based Veggie Noodle Company (dba CeCe’s Veggie Noodles), located in Austin.

Inspire Brands, Inc. and Dunkin’ Brands Group, Inc., parent company of Dunkin’ and Baskin-Robbins, announced that they have entered into a definitive merger agreement under which Inspire will acquire Dunkin’ Brands for $106.50 per share in cash in a transaction valued at approximately $11.3 billion including the assumption of Dunkin’ Brands’ debt.

Longève has an assortment of shelf-stable pea protein products for those who love to cook, adding diversity to the meat replacement consumer packaged goods (CPG) market.

Ingredion Incorporated, a global provider of ingredient solutions to the food and beverage manufacturing industry, announced that it has signed an agreement with James Cameron and Suzy Amis Cameron to acquire the remaining portion of ownership in Verdient Foods Inc. that the company did not already own.