Barry Callebaut, a manufacturer of high-quality chocolate and cocoa products, published its new sustainability strategy “Forever Chocolate,” with the ambition to move sustainable chocolate from niche to norm in less than a decade.

Greencore Group plc, an Ireland-based international convenience food business, announced the proposed acquisition of Peacock Foods for $747.5 million.

Base Culture's new office space will accommodate growing demand for the popular bakery's gluten-free desserts and breads.

It is anticipated that the proposed transaction would close during the first quarter of 2017, subject to regulatory review and approval and customary closing conditions.

As consumer traffic declines, it appears that both 2016 and 2017 will not be as positive as first anticipated based on Technomic's restaurant industry forecast released in May of this year.

A focus on distinct innovation and product development capabilities is paying off for some companies as they deliver between 3-7% higher annualized revenue than their peers, Accenture research shows.

Symrise, a global manufacturer of flavors and fragrances, announces the launch of a new company website, https://vanilla.symrise.com/.

Dr Pepper Snapple Group Inc. (DPS), Plano, Texas, has reached an agreement to acquire Bai Brands LLC, Princeton, N.J., and its complete portfolio of high-growth premium antioxidant-infused beverages. The cash purchase price of $1.7 billion includes a tax benefit of approximately $400 million on a net present-value basis and will be financed through new unsecured notes and short-term commercial paper, the company says.

The National Restaurant Association® (NRA) is accepting applications for the 2017 FABI Awards, its annual celebration of the year's most impactful food and beverage products. Award recipients will be recognized at NRA Show®, which runs May 20-23, 2017, at McCormick Place in Chicago.