Joint venture to focus on expanding new plant-based protein offerings
January 26, 2021
Among the key pillars of the effort are using positive ingredients; expanding the company's portfolio of products that have been grown and made sustainably, through tools and techniques like regenerative agriculture and net water- and carbon-neutral production plants; and making it easier for consumers focused on health and wellness to consume products on the go through innovations such as LAY'S oven baked chips and Sabra Snack Cups.
Blue Pacific Flavors introduces Kilimanjaro Vanilla
January 25, 2021
Blue Pacific Flavors’ consistent commitment to responsible sourcing and sustainability has led a path to a partnership with Natural Extracts Industries (NEI) to put programs in place to help improve quality of life for farmers, and drive sustainable agricultural practices.
Investment to increase production capacity demonstrates company's commitment to regional customers and to meeting their growing needs
January 22, 2021
Corbion also operates lactic acid production facilities in the Netherlands, Brazil, Spain and Thailand, and early last year announced plans to build a new lactic acid plant at its existing site in Rayong Province, Thailand, to help meet global demand.
Above Food's fast-growing, seed-to-fork plant-based platform serves over 35 countries and over 300 business customers
January 22, 2021
Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, announced that it has completed an investment in Above Food Inc.
Dr. Praeger's specializes in nutritious plant-based frozen and refrigerated foods made from simple ingredients
January 21, 2021
Vestar Capital Partners, a US middle-market private equity firm, announced that it has made a majority growth investment into Dr. Praeger's Sensible Foods, a fast-growing brand specializing in nutritious plant-based frozen and refrigerated foods made from simple ingredients. Terms of the transaction were not disclosed.
Move creates expansive Hispanic frozen novelty company
January 21, 2021
Wind Point Partners and portfolio company Tropicale Foods, a manufacturer of authentic Hispanic-inspired frozen novelty products under the Helados Mexico brand, announced the acquisition of Paleteria La Michoacana (“PLM”), a portfolio company of Canum Capital Partners and Greyrock Capital Group.
New facility will be constructed with focus on accelerated innovation
January 21, 2021
Beyond Meat, Inc. announced its plans to enter a 12-year lease in a new, nearly 300,000 square foot space at 888 N. Douglas St.in El Segundo, Calif. The building is currently under development by Hackman Capital Partners with anticipated completion in spring 2021.
Tate & Lyle earns Non-GMO Project Verification for crystalline DOLCIA PRIMA Allulose
January 20, 2021
Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage ingredients and solutions, today announces the expansion of its DOLCIA PRIMA® Allulose portfolio with a crystalline form certified as “Non-GMO Project Verified.” This provides manufacturers with the opportunity to increase the number of retail products bearing the Non-GMO Project Verified label and certification.
Acquisition is on-trend to support rising consumer demand for Mexican flavors
January 19, 2021
Olam Food Ingredients, the new operating group created after the reorganization within Olam International Limited earlier this year, is expanding its Spices portfolio to meet the rising demand for bold, authentic flavors with the acquisition of one of the world’s leading suppliers of premium green chiles, jalapeños and enchilada sauces.
The company has entered into a binding letter of intent to acquire all of the issued and outstanding securities of The Future of Cheese Company Corp.
January 19, 2021
Organic Garage Ltd., announced that it has entered into a binding letter of intent to acquire all of the issued and outstanding securities of The Future of Cheese Company Corp., a private Canada corporation. FoC is a Toronto, Ontario based organic, vegan premium plant-based company in the business of developing, manufacturing and marketing plant-based cheeses and plant-based cheese products.