Penford Food Ingredients, a leader in innovative carbohydrate systems and technologies, introduced two new GumPlete systems at the Research Chefs Association’s Culinology Expo in New Orleans. GumPlete® GF 101 is for use in gluten-free baked goods and GumPlete® BV 111 can be applied in instant beverage products.

Ingredion Inc. announced that it has entered into a definitive agreement to acquire Penford Corp. a U.S.-based leader in specialty ingredients for food and non-food applications. The acquisition has been approved by the boards of directors of both companies.

Penford Corporation revealed the execution of an agreement to acquire interests and certain assets of Carolina Starches for an undisclosed value.