BENEO, one of the leading manufacturers of functional ingredients, has announced a significant expansion for its chicory root fiber production facility in Chile by 2022, funded by an investment of more than 50 million Euro.

The transaction, valued at $405 million, creates the nation’s leading integrated coffee, tea, and extract company serving retailers, restaurants, convenience stores, commercial accounts, and the hospitality industry.

The acquisition enhances Kerry’s leadership position in the hydrolysed plant protein space for specialized nutrition, and expands the company’s capacity to serve the rapidly growing, high-quality, organic plant protein market.

At the Consumer Analyst Group of New York (CAGNY) annual conference, Tyson Foods, Inc. CEO Noel White, reiterated that “Tyson Foods’ scale, diversified portfolio, international footprint and financial track record uniquely position the company for continued, long-term growth at a time when there’s growing global demand for protein.”

Sadler’s Smokehouse is a family-owned business that specializes in premium and authentic pit-smoked meats.

Whole Foods Market awarded three national suppliers, those available in four or more Whole Foods Market regions, and 11 local and regional partners with “Supplier of the Year” recognition and honored others for their contributions in categories aligned with Whole Foods Market’s mission.

The combination of brekki’s superior product and the Cedar’s leadership team’s 155+ years of food industry experience means brekki is now positioned to lead this growing market.

Driven by growing customer demand across the food and industrial segments worldwide, the company has made a substantial investment in new, state-of-the- art fermentation and purification equipment as well as a new, fully automated packaging line.

As consumers continue to demand authenticity and transparency in the foods they buy, the American Egg Board (AEB) released new research showing the new Made with REAL Eggs® certification seal reinforces positive brand perceptions and encourages purchase.

Givaudan had announced that it had reached an agreement to acquire the company in November 2019.