Seasoned food executive Mary K. Wagner, Ph.D. becomes first independent board member of BlueNalu
January 6, 2022
BlueNalu, a leading innovative food company developing a variety of seafood products directly from fish cells, announced the appointment of Mary K. Wagner, Ph.D. as its first independent board director. She brings an extensive and diverse range of senior leadership experiences in the food industry to BlueNalu and currently serves on the boards of both public and private food businesses.
New technology experts will charged with making protein from CO2
January 4, 2022
NovoNutrients, an alternative proteins company that uses industrial carbon dioxide fermentation, cheap hydrogen, and naturally occurring microbes to create high-grade proteins for human and animal consumption, today announced a slate of new technology leaders.
Oterra completes deal for Diana Food’s color business; acquires Food Ingredient Solutions
January 3, 2022
Founded in 1999, Food Ingredient Solutions (FIS) is a leading U.S. producer of colors and natural antioxidants, with a strong exposure to, and growth from, natural colors. FIS serves more than 400 customers annually and has two certified processing facilities located in Teterboro, N.J., and Marshfield, Mo.
Doug Martin to take on role as chief brand and disruptive growth officer
December 22, 2021
Martin will continue to report to Dana McNabb, chief strategy and growth officer, and oversee the company’s global brand building capability, as well as its emergent business innovation.
The move is part of a larger effort to optimize the company portfolio
December 21, 2021
The J.M. Smucker Co. announced it has entered into a definitive agreement to sell its natural and organic beverage and grains businesses to Nexus Capital Management LP in a cash transaction valued at approximately $110 million.
Plant-based dairy company to accelerate international growth
December 21, 2021
Oddlygood Global, a spinoff of Valio, one of Finland's premiere food companies, closed its first round of funding with an investment of $28 million from the private equity division of Helsinki-based Mandatum Asset Management.
Members pledged to reduce sodium in their global portfolios by 2025 and 2030 in key categories of products
December 21, 2021
Members of the International Food & Beverage Alliance (IFBA) have developed a collective commitment by the food industry to implement globally set standardized targets for sodium reduction in manufactured foods.
Addition of nature-based ingredients portfolio extends Vertellus’ reach into fast-growing markets
December 20, 2021
With this acquisition, Vertellus expands its offering of environmentally friendly ingredients and serves a growing global base of customers in high-growth specialty, personal, home and health care markets.
Chris Antal to take on role as strategic marketing manager
December 20, 2021
Innophos, a global leader of specialty ingredient solutions that delivers far-reaching, versatile benefits for the food, health, nutrition, and industrial markets, announced an addition to their marketing team. Chris Antal has recently joined Innophos as strategic marketing manager.