Total consideration for three business acquisitions, including Red Arrow Products, Island Oasis and Wellmune, amounts to $735 Million
October 22, 2015
Kerry, a global taste & nutrition and consumer foods group, announced the acquisitions of U.S. based Red Arrow Products, Island Oasis and Biothera Inc’s Wellmune® business.
This initiative to simplify ingredient lists is part of Schwan’s longtime work to evolve its foods to meet the health and wellness expectations of consumers.
Acquisition, from Biothera Inc., focuses 100% natural food, beverage, and supplement ingredient
October 21, 2015
Kerry Group plc, a global taste and nutrition company, acquired Wellmune® from Biothera Inc., a natural food, beverage and supplement ingredient that is clinically proven to help strengthen the immune system.
Cargill is investing $111 million to convert its ground beef plant at Columbus, Neb., to a cooked meats facility and relocate ground beef production currently taking place there.
Kitchen features inventive culinary creations and customizable beverage choices from PepsiCo's product portfolio
October 20, 2015
As PepsiCo NSPIRE stops around the country, consumers will be able to enjoy unique culinary recipes created by the company's premier chefs featuring products from PepsiCo's vast food portfolio as well as refreshing, customizable drinks made from the state-of-the-art, touchscreen fountain beverage dispenser Pepsi Spire.
Claridge Inc. announced the sale of one of its portfolio companies, La Terra Fina USA
October 19, 2015
Claridge Inc. announced the sale of one of its portfolio companies, La Terra Fina USA, based in Union City, California, to an affiliate of HP Hood LLC, effective October 9 2015.
Maningat to assume role as Vice President of Ingredients R&D and Chief Science Officer
October 16, 2015
MGP, a producer of premium distilled spirits and specialty wheat proteins and starches, announced the appointment of prominent cereal food scientist Clodualdo “Ody” Maningat, Ph.D., to serve in the role of vice president of ingredients research & development and chief science officer.
IHOP names Smithfield Farmland Foodservice Vendor Partner of the Year as a result of menu and product innovations
October 16, 2015
The ceremony took place as part of the company’s annual International Franchise Conference, where franchisees and IHOP executives gathered to celebrate the brand’s success as the leader in the family dining category and collaborate on plans designed to build upon that lead in 2016.