Kevin Spratt has been promoted to president, US-Canada region and David Faturos has been promoted to executive vice president, chief financial officer. Dave Cowperthwait will join the executive team as executive vice president, chief supply chain officer, a newly created role at Rich’s.
CuliNex taps two industry veterans for key business development roles
November 9, 2021
On a continuing growth path, CuliNex, a clean label food product consultancy, has recruited two industry veterans to accelerate business development and marketing activities.
Agreement expands Tate & Lyle’s plant-based range with highly functional chickpea ingredients
November 3, 2021
Tate & Lyle PLC, a global provider of food and beverage solutions and ingredients, and Nutriati, an ingredient technology company developing solutions from one of the industry’s most functional plant-based ingredients, have signed an exclusive five-year partnership for Tate & Lyle to distribute high quality, sustainable chickpea protein and flour.
Four functional treats compete for $250,000 in competition finals
November 3, 2021
Sweet treats with functional benefits took home the four finalist spots this week in the Real California Milk Excelerator product innovation competition created by the California Milk Advisory Board (CMAB) and VentureFuel.
With the move, Nexira consolidates its leadership in the fast-growing market segments of plant-based alternatives, dairy alternatives, and meat substitutes
November 3, 2021
Nexira, a leader in acacia fiber and natural plant-based ingredients for the food, nutrition and health industries, announced its acquisition of the Swiss company UNIPEKTIN Ingredients AG, a specialist and leader in natural hydrocolloids and premium ingredients.
Addition expands ADM’s wide array of innovative, groundbreaking products and solutions to help meet $775 billion global demand in health & wellness
November 2, 2021
Deerland Probiotics & Enzymes is a trusted global provider of probiotic and dietary supplements using probiotic, prebiotic, and enzyme technology, including 12 branded product lines serving customers in areas including digestive health, immune health, women’s health, food intolerance, sports nutrition, cellular repair, and systemic and cardiovascular health.
BODYARMOR will be managed as a separate business within Coca-Cola’s North America operating unit and will continue to be based in New York
November 1, 2021
In 2018, Coca-Cola initially acquired a 15% stake in BODYARMOR with a path to full ownership, based on a pre-determined discount. Coca-Cola is paying $5.6 billion in cash for the remaining 85% of the company.
Biotech startup's patent-pending discovery platform combines ML and biofermentation to produce plant-based alternatives to eggs, meat, dairy, and gelatin—using a fraction of the land, water, and energy of animal analogs
October 29, 2021
The company's patent-pending discovery platform combines machine-learning algorithms and a precision biofermentation process. The result is a spectrum of novel plant-based ingredients that require a small fraction of the land, energy, and water footprint of animal-derived eggs, meat, milk, and gelatins.
Funding will be used to accelerate research and development to enable commercialization of whole-muscle cut, sushi-quality filets
October 29, 2021
Food tech startup Aqua Cultured Foods announced it has closed an oversubscribed pre-seed funding round of $2.1 million, a high-water mark in the category of seafood alternatives, and one of the largest pre-seed rounds for companies using fermentation for alt-proteins.