The round was led by DSM Venturing BV, the venture capital arm of DSM
April 20, 2020
The company will increase its capability to perform turnkey direct to consumer fulfillment with investments in new hardware and an ERP system to help support growth.
Daniel Warzinski to take on role as sales account manager
April 20, 2020
AIDP, Inc. announced the addition of Daniel Warzinski as a sales account manager for the northeast. Warzinski previously held various industry positions for the past 10 years and has expertise in both selling to the dietary supplement and sports nutrition markets.
Focus on a restaurant mindset sets the stage for continued growth at the nation’s fifth-largest pizza chain
April 14, 2020
Casey’s General Stores, Inc. (CASY), today announced restaurant industry veteran Michelle Wickham will join the company as vice president, food service.
Specialty Food Association pivots to help members through COVID-19
April 13, 2020
The Specialty Food Association's (SFA) 66th annual Summer Fancy Food Show scheduled for June 28-30 at the Jacob Javits Center in New York will not take place as planned due to events outside SFA's control - notably the national and global response to the COVID-19 pandemic, including travel restrictions, and the Javits Center's critical service in fighting the pandemic that impacts the facility's availability.
Company purchases 175,000-sq-ft facility in Effingham, Ill.
April 10, 2020
Continental Mills, Inc., the maker of premium baking, breakfast and snack brands, including the beloved Krusteaz speed-scratch mixes and others, purchased a 175,000 square foot facility in Effingham, Ill., located adjacent to its existing manufacturing facility in Effingham.
Grecian Delight is a leading manufacturer and marketer of Greek and Mediterranean inspired cuisine
April 9, 2020
Entrepreneurial Equity Partners, a Chicago-based private equity firm focused on the food and consumer packaged goods industries, announced that Kronos Foods, one of e2p’s portfolio companies, has reached an agreement to merge with Grecian Delight Foods, Inc., a Parthenis family business. Financial terms of the transaction were not disclosed.
Transaction benefits customers, drives growth synergies and significant savings for both companies
April 9, 2020
Ingredion Incorporated and PureCircle Limited have reached an agreement on the terms for Ingredion to acquire a controlling 75% stake in PureCircle, one of the leading producers and innovators of stevia sweeteners for the global food and beverage industries. Ingredion is a leading global provider of plant-based ingredient solutions to diversified industries.
Strong company response to help feed consumers around the world
April 7, 2020
As communities around the world struggle to cope with the real-life implications of the coronavirus (COVID-19) outbreak, The Kraft Heinz Company is providing an update on its response to the pandemic, the rescheduling of its upcoming Investor Day and business impacts to date, ahead of its first quarter 2020 earnings call later this month.
Company raises $80 Million series B to commercialize a new protein
April 3, 2020
Nature's Fynd, a food tech company producing a protein from a microbe originally discovered in the geothermal springs of Yellowstone's ancient volcano, has raised $80 million in new funding.
Julia Decruz to take on new role as the company’s new director R&D/applications
April 1, 2020
Pam deVries, General Manager, PROVA Inc., announced that the company has hired Julia Decruz to be the company’s new director R&D/applications, effective immediately.