The startups represent a range of categories, including a cashew vegan queso, inventive mocktails and a subscription company
August 12, 2021
SKU, an accelerator for consumer packaged goods (CPGs), has selected six companies for the second cohort of SKU Dallas. The startups represent a range of categories, including a cashew vegan queso, inventive mocktails and a subscription company that provides unique games for couples to connect.
3rd Annual California Milk Advisory Board and VentureFuel Initiative showcases emerging dairy-based functional food, beverage and beauty products for consumer's changing lifestyles
August 11, 2021
The 2021 Real California Milk Excelerator taps into the thriving functional foods market, which has grown significantly, and is projected to reach more than $275 billion globally by 2025. In this year's competition, each semi-finalist's product is made with cow's milk dairy as the first ingredient, while making up at least 50% of the formula.
Louisville-based beverage developer welcomes industry veterans to leadership team
August 10, 2021
Flavorman, a beverage development company, announced that Scott Weddle and Peter Eberle have been named chief operating officer (COO) and chief strategy officer (CSO).
The combination of Sanderson Farms and Wayne Farms will create a best-in-class US poultry company with a high-quality asset base
August 9, 2021
Cargill, Continental Grain Company, and Sanderson Farms, Inc. reached a definitive agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for $203 per share in cash, representing a total equity value for Sanderson Farms of $4.53 billion.
The juice businesses delivered approximately $3 billion in net revenue in 2020
August 5, 2021
PepsiCo expects to use the proceeds from the sale of these assets primarily to strengthen its balance sheet and to make organic investments in the business.
Move to bring premium, authentic, ceremonial Japanese green tea and matcha products to North America
August 5, 2021
Green tea company ITO EN, global suppliers of authentic, organic ceremonial green tea and matcha powder, partnered with Taiyo International, to supply high-quality matcha to the food, beverage and supplement industries in North America.
The South Korean company has invested nearly $100 million globally over the past year in plant-based or animal-free food companies
July 30, 2021
SK Inc.'s investments are intended to accelerate the development of new food sources, such as plant-based and animal-free foods. These emerging food sources can help create more environmentally friendly methods of food production and make nutritious food options accessible to more consumers globally.
Vega is a pioneer of the plant-based nutrition industry and a brand in plant-based protein powder
July 29, 2021
WM Partners, a certified diverse-owned private equity firm focused on investing in middle market companies and driving value creation in the health and wellness sector, announced that HPH II Investments Master Fund, LP, together with its parallel and feeder funds, through its wholly owned entity, has acquired Vega. Terms of the transaction were not disclosed.