The all-cash transaction is valued at approximately $13.7 billion
June 16, 2017
Amazon and Whole Foods Market, Inc. announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods Market’s net debt.
Julien Firmenich will lead the Ingredients Business Unit as Vice President of Ingredients
June 12, 2017
Firmenich appointed of Julien Firmenich as Vice President of Ingredients. In this role, he will lead the Ingredients Business Unit with a focus
on breakthrough innovation, creativity and long term value creation.
Company names Stephane Ducroux as Global Head of Business – Ingredients
June 9, 2017
Ducroux brings in the expertise to meet these challenges, through a proven track record and hands-on experience in acquisitions, integrations, operational leadership, transversal management and business development.
The move is aligned with Tyson Foods’ strategic intent to sustainably feed the world with a growing portfolio of protein packed brands
June 8, 2017
The company completed a tender offer to buy all the outstanding shares of common stock of AdvancePierre for $40.25 per share in cash, without interest.
Nona Lim will use the financing to support product innovation, executive hires, and drive continued aggressive expansion into national retail and food service accounts
June 8, 2017
Harbinger Ventures leads the round with additional funding from Echo Capital Group, Navama & Kouffman LLC, CircleUp and Cambridge Companies SPG. The seed funding round combines conventional foods and natural foods industry leaders focused on trends popular with millennials.
Chef Christian Kiefer will head the company’s Product Research and Development Department
June 7, 2017
Chef Christian "Kit" Kiefer, a chef and certified culinary educator and former restaurant owner, who created many popular menu items for restaurant chains and Fortune 500 companies, has been hired by St. Louis-based Kent Precision Foods Group as Corporate Culinary Chef of the Research & Development Department.
Significant changes in consumer behavior having major impact on demand for high-intensity sweeteners
June 6, 2017
The high-intensity sweetener (HIS) market is a study in contrasts between Western and Eastern consumers—with one going sour, while the other stays sweet. Although new, natural sweeteners like stevia extract are gaining ground, consumption of high-intensity sweeteners as a class is growing at a negligible rate in North America and Europe, due, in part, to the decline in carbonated soft drink consumption in these regions. In contrast, demand for the entire range of high-intensity sweeteners remains strong in Asia, according to new research from IHS Markit (NASDAQ: INFO), the leading global source of critical information and insight.