The Kraft Heinz Company announced that it has entered into a definitive agreement to sell its nuts business to Hormel Foods Corporation in a cash transaction for $3.35 billion. The proposed transaction is expected to close in the first half of 2021, subject to regulatory review and approval.

PepsiCo, Inc., announced the debut of Pearl Milling Company, the new name of the pancake mix and syrup varieties previously found under the Aunt Jemima brand.

Aleph Farms Ltd. and its research partner at the Faculty of Biomedical Engineering at the Technion – Israel Institute of Technology, cultivated a slaughter-free ribeye steak, using three-dimensional (3D) bioprinting technology and natural building blocks of meat – real cow cells, without genetic engineering and immortalization.

Rival Foods, a plant-based gastronomy start-up, and LIVEKINDLY Collective, a collection of heritage and start-up brands, announced they will enter into a partnership to create the perfect plant-based chicken, helping consumers make sustainable choices without compromise.

Schwan’s Company CEO Dimitrios Smyrnios announced the promotion of Julie Francis to the newly created position of chief operating officer and the addition of Brian Schiegg as president of Schwan’s Consumer Brands, Inc.

Supply Change Capital co-founders Noramay Cadena and Shayna Harris are focused on creating a seat at the table for diverse entrepreneurs in food and foodtech.

The Food Allergy Science Initiative (FASI) announced the beginning of a new era as a separate, independent organization dedicated to discovering the root causes of food allergies through rigorous scientific research and deploying new therapies to treat and, ultimately, cure them.

In an article published on Jan.28, 2021 in Nutrition Business Journal, synthetic biology ("synbio") was identified as a major threat to the North American supply of food and supplements at grocery stores. In particular, natural and organic food brands, retailers, and consumers are in danger of finding these unregulated and unlabelled GMOs in their shopping carts.

Tovala, a meal service paired with a countertop smart oven that scans, steams, bakes, and broils its chef-crafted meals, announces the close of a $30M Series C funding round led by Left Lane Capital, an investment group focused on high-growth internet and consumer companies, with participation from previous investors Finistere Ventures, Comcast Ventures, OurCrowd, Origin Ventures, Pritzker Group Venture Capital, and Joe Mansueto.

PLT Health Solutions, Inc. announced today that it is has named Stephen Cook as Director of the company’s Supply Chain operations. Prior to joining PLT, Cook spent 15 years working in a variety of roles in  The Bountiful Company’s supply chain operation. His most recent position was Director of Supply Chain and Operations, Natural Products Group.