The acquired business, now known as Nasoya Food USA LLC, joins the Pulmuone family of healthy and nutritious brands
May 10, 2016
This acquisition solidifies Pulmuone’s position as a major tofu company while strengthening its operations in South Korea, U.S., Japan and China. Pulmuone had previously announced it had entered into an asset purchase agreement to acquire Vitasoy USA Inc. on March 24, 2016.
Global demand for flavors and fragrances is forecast to grow 3.9% per year
May 9, 2016
Flavor blends will continue to be the largest flavor and fragrance segment by value, with gains driven by increasing demand for processed foods in developing regions.
An affiliate of Peak Rock Capital, LLC is scheduled to purchase the business
May 6, 2016
The transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the United States, and is expected to close within 30 days.
Company accelerates sodium reduction efforts as it calls on the US FDA to issue new voluntary targets
May 6, 2016
Nestlé is diligently implementing its sodium reduction efforts in accordance with the Nestlé Nutrition Profiling System and the Nestlé Nutritional Foundation criteria (NF) to ensure the renovated foods and beverages deliver a stronger nutritional profile without compromising taste or food safety.
Dannon will increase transparency for its portfolio of products and evolve to more natural and fewer ingredients
May 4, 2016
Dannon announced a pledge to its farmers, retail customers and consumers to further improve sustainable agriculture practices for its milk supply, to increase transparency for its portfolio of products and evolve to more natural and fewer ingredients for flagship brands.
Cargill has reached an agreement to sell its Dressings, Sauces and Mayonnaise (DSM) business to Ventura Foods, based in Brea, Calif.
May 3, 2016
The business operates from one standalone facility in Port St. Lucie, Florida, and two facilities integrated within the broader operations of Cargill's Fats & Oils Group in Gainesville, Georgia and Sidney, Ohio.
Two producers earned the grocer’s top “Supplier of the Year” award for outstanding all-around performance
April 28, 2016
Whole Foods Market has revealed the winners of its annual Supplier Awards, the company’s highest honor for producer partners that embody its mission and values. Out of thousands of Whole Foods Market suppliers nationwide, fewer than 70 have received one of these distinguished awards.