Naturex, a global natural specialty ingredients company, added Mary T. Clarke and Reza Kamarei, PhD, to its team of high-profile senior executives.

The investment was made alongside current investors, which include Boston-based Flagship Pioneering and Polaris Partners, and will be used to fuel growth nationwide.

Fresh off an historic year, Gay Lea Foods Co-operative Limited is poised for further growth in 2017 with ambitious plans for an expansion of its foods and ingredients business as well as for continued investment in innovative, industry-leading products.

Tyson Foods, Inc. unveiled a new enterprise leadership team to propel the company forward and accelerate growth. The new team brings together diverse experience, and establishes leading capabilities for Tyson Foods along the entire food value chain, from agriculture to dining culture.

Mead Johnson will become a new division of RB with its globally-recognized Enfamil and Nutramigen brands joining RB’s portfolio of leading consumer health brands.  

Currently, the Wisconsin factories are used to manufacture more than 200 products including infant formulas (e.g. Gerber® Good Start®), medical nutrition products (e.g. Peptamen®) as well as and nutritional drinks (e.g. Boost®).

The Hershey Company announced sales and earnings for the fourth quarter ended December 31, 2016. Consolidated net sales were $1,970.2 million compared with $1,909.2 million for the fourth quarter of 2015. Reported net income for the fourth quarter of 2016 was $116.9 million or $0.55 per share-diluted, compared with $227.9 million or $1.04 per share-diluted for the comparable period of 2015.

Bon Appétit Management Company operates more than 650 cafés in 33 states for corporations, universities, and specialty venues, including Google, University of Pennsylvania, and the Getty Center.

Advent International, a global private equity investor, announced that Sovos Brands, a new company formed by Advent, has completed the acquisition of Michael Angelo's Gourmet Foods Inc., a leading producer of premium, authentic frozen Italian entrées. Financial terms were not disclosed.  

Bob Evans Farms, Inc. announced definitive agreements for the sale of Bob Evans Restaurants and the purchase of Pineland Farms Potato Company, enabling the company to focus on driving growth of BEF Foods.