Month November 2023

Private equity firm acquires Summit Hill Foods

ROME, GA. — EagleTree Capital has acquired the flavor and ingredients company Summit Hill Foods. Terms of the acquisition were not disclosed. Brands manufactured and marketed by Summit Hill Foods include Better Than Bouillon, Better Than Gravy, The Original Louisiana…

MycoTechnology appoints new CEO | Food Business News

AURORA, COLO. — MycoTechnology has appointed Michael Leonard to lead the company as chief executive officer. Mr. Leonard will succeed the company’s co-founder and former CEO, Alan Hahn. Mr. Hahn will assume the role of executive chairman. Most recently, Mr. Leonard…

Getting serious about cereal | Food Business News

KANSAS CITY — Even as dollar sales in the ready-to-eat cereal category inch ever closer to $10 billion there is a sense of urgency to arrest the slide in unit sales. In some ways, that has been accomplished. According to…

National Honey Board reveals Queen’s Choice Awards winners

ERIE, COLO.  — The National Honey Board has selected 12 brands for its Queen’s Choice Awards. The Queen’s Choice Awards recognizes new food and beverage products made with honey. Products were selected based on flavor, packaging, innovation, and the product’s positioning…

Caffè Borbone launches in US

NEW YORK — The Italian coffee brand Caffè Borbone is officially making its US debut. Founded in 1997, Caffè Borbone markets a line of K-Cup and Nespresso compatible coffee pods, whole beans, ground coffee and instant drink mixes. The launch centers…

Sugar outlook clouded by uncertain supply situation

KANSAS CITY — The US sugar market appears in a state of flux amid uncertain supply (both domestic and global) and demand expectations for the 2023-24 marketing year that began Oct. 1. Prices remain historically high. The US Department of…

Success in Mexico has J&J planning international growth

MOUNT LAUREL, NJ. — After the Icee brand’s success in Mexico, executives of J&J Snack Foods Corp. are planning to introduce other products to that country and other international markets. “Down in Mexico, our operation is really centered around Icee…

en_USEnglish