Quadra Ingredients agrees to distribute Nexira ingredients in Canada, effective April 1
February 4, 2021
France’s Nexira, a world leading supplier of acacia gum, has designated Quadra Ingredients, Vaudreuil-Dorion, Quebec, as Nexira’s exclusive Canadian distributor, effective April 1, 2021. This will replace a former agreement with L.V. Lomas.
Challenge will tackle some of the biggest opportunities in food today
February 4, 2021
Kellogg Company announced more details about its collaboration with Future Food-Tech to launch an Innovation Challenge, giving new talent in the industry a chance to shine on a big virtual stage. Wellness is a major area of focus for Kellogg, and through this challenge, the company is seeking pitches on unique plant-based ideas that support digestive wellness.
Global warming now requires the acceleration of actions and investments to limit carbon emissions. Current laws under consideration call for government-sanctioned projects, which are underway to support the decarbonization of the industry, precipitating the arrival of environmental labelling. In response to these new needs, Nexira now has the ability to supply our customers with inavea™, the first line of carbon neutral ingredients.
Planteneers offers plant-based cheese alternatives with improved nutritional profile
February 3, 2021
Innova Market Insights identified “plant forward” is a worldwide phenomenon and one of 2021’s Top Ten Trends. Experts also predict that the rising popularity of plant-based products—especially among flexitarians—will lead to growing demand for new formats, plant proteins and higher-end alternatives.
Funding will enable PeaTos to continue its mission to give Americans new and better snack options
February 3, 2021
The funds will enable PeaTos to continue driving its mission to revolutionize chips by adding nutrient-dense peas to the traditional corn base and replacing the artificial colors and flavors with more natural ingredients.
To continue its mission to provide the highest level of customer service in the industry, Idaho Milk Products promoted Daniel Perttula to the position of sales manager.
Family-owned La Tortilla Factory finds like-minded partner to support future growth
February 1, 2021
La Tortilla Factory, Inc. announced that Flagship Food Group, LLC has agreed to make an investment into the company to support its future growth strategy. Flagship will become the majority stake holder in the company while the third generation Tamayo family members continue to remain valued partners.
The investment will support the company's long-term growth strategy
January 29, 2021
Cacique®, LLC – an independently owned Hispanic foods company and maker of authentic Mexican-style cheeses, cremas, and chorizos in the US – announced an addition to the company's ownership group as part of a round of funding that will be used to accelerate the brand's continued rapid growth nationwide. Boston-based investment manager The Baupost Group, LLC ("Baupost") will take a minority stake in Cacique.
Numi Organic Tea, an award-winning social enterprise, founding B Corporation member, and a purchaser of organic, Fair Trade CertifiedTM teas, announced the appointment of Brian Durkee, Numi’s current president, as the company’s new CEO.
New appointments of David Lee and DeAnn Brunts come as Benson Hill builds out supply chains for its novel high-protein, high-oleic, low anti-nutrient soybeans
January 28, 2021
Benson Hill, a food tech company unlocking nature's genetic diversity with its cutting-edge food innovation engine, announced two new appointments to the company's leadership team and board of directors.