Incredible Foods is focused on creating snacks that are free from common allergens
February 14, 2017
The investment was made alongside current investors, which include Boston-based Flagship Pioneering and Polaris Partners, and will be used to fuel growth nationwide.
Gay Lea Foods leads new direction for Canadian Dairy on innovation and ingredients
February 14, 2017
Fresh off an historic year, Gay Lea Foods Co-operative Limited is poised for further growth in 2017 with ambitious plans for an expansion of its foods and ingredients business as well as for continued investment in innovative, industry-leading products.
Enhanced structure positions company for growth by elevating focus on consumers, customers, technology and sustainability
February 14, 2017
Tyson Foods, Inc. unveiled a new enterprise leadership team to propel the company forward and accelerate growth. The new team brings together diverse experience, and establishes leading capabilities for Tyson Foods along the entire food value chain, from agriculture to dining culture.
Deal creates new opportunities for expansion, growth
February 13, 2017
Mead Johnson will become a new division of RB with its globally-recognized Enfamil and Nutramigen brands joining RB’s portfolio of leading consumer health brands.
Increased production to meet the growing need for infant formulas, medical nutrition products and nutritional drinks
February 9, 2017
Currently, the Wisconsin factories are used to manufacture more than 200 products including infant formulas (e.g. Gerber® Good Start®), medical nutrition products (e.g. Peptamen®) as well as and nutritional drinks (e.g. Boost®).
Company also announces fourth-quarter and full-year 2016 results
February 7, 2017
The Hershey Company announced sales and earnings for the fourth quarter ended December 31, 2016. Consolidated net sales were $1,970.2 million compared with $1,909.2 million for the fourth quarter of 2015. Reported net income for the fourth quarter of 2016 was $116.9 million or $0.55 per share-diluted, compared with $227.9 million or $1.04 per share-diluted for the comparable period of 2015.
Bon Appétit Management Company selects TerraVia’s Thrive® Culinary Algae Oil as a preferred oil
February 3, 2017
Bon Appétit Management Company operates more than 650 cafés in 33 states for corporations, universities, and specialty venues, including Google, University of Pennsylvania, and the Getty Center.
Michael Angelo's Gourmet Foods is a producer of premium, authentic frozen Italian entrées
February 3, 2017
Advent International, a global private equity investor, announced that Sovos Brands, a new company formed by Advent, has completed the acquisition of Michael Angelo's Gourmet Foods Inc., a leading producer of premium, authentic frozen Italian entrées. Financial terms were not disclosed.
Sale of Bob Evans Restaurants and acquisition of Pineland Farms Potato Company marks new Era at Bob Evans Farms, Inc.
February 2, 2017
Bob Evans Farms, Inc. announced definitive agreements for the sale of Bob Evans Restaurants and the purchase of Pineland Farms Potato Company, enabling the company to focus on driving growth of BEF Foods.
Joni Huffman joins Healthy Food Ingredients as VP of Domestic Business Development
February 2, 2017
Huffman brings more than 20 years of experience in development of ingredient sales in previously-held positions including Director of Specialty Sales for Ardent Mills and Director of Business Development at ConAgra Mills.