Month November 2023

BetterBrand receives investment from artist Zedd

LOS ANGELES — BetterBrand, a maker of low-carb, high-protein bagels and buns, has added to its list of high-profile backers Anton Zaslavski, a record producer and songwriter known as Zedd. The investment comes on the heels of the company’s recent $6…

Fody Food closes Series B financing

MONTREAL — Fody Food Co., a maker of pantry staples formulated for those with gut sensitivities, has closed a Series B equity financing round to support expansion in the United States, new product development and building brand awareness. Founded in 2016,…

Utz Brands makes changes to leadership team

HANOVER, PA. — Utz Brands has made changes to its leadership team as part of its short- and long-term objectives for supply chain optimization and integrated business planning. Mitchell Arends has been named executive vice president, chief integrated supply chain officer…

Promotions announced at American Bakers Association

WASHINGTON — Rasma Zvaners has been promoted to vice president of government relations at the American Bakers Association. In this role Ms. Zvaners will oversee the group’s government relations operation.  The ABA also announced that Christina Donnelly, who is senior…

Beauty and the baking mixes

NEW YORK — A former beauty industry executive has created a collection of plant-based baking mixes that are free from the top nine allergens and formulated with sustainably produced ingredients.   Following a nearly two-decade career in marketing and product development…

Entertainment agency launches snack company

ERIE, COLO. — Entertainment agency Creative Artists Agency (CAA) is partnering with global venture capital firm New Enterprise Associates (NEA) and incubator Connect Ventures to create a new food company called Myna Snacks. The company was also founded by most-followed…

Fresh Factory increases snack bar production capacity

CAROL STREAM, ILL. — The Fresh Factory, a manufacturer of plant-based and clean label foods and beverages, is expanding the capacity of its snack bar production facility in Carol Stream. As part of the company’s strategic investment in meeting the…

Wicked Kitchen adds plant-based meals

MINNEAPOLIS — Wicked Kitchen, a plant-based food brand, has expanded its line of frozen entrees with two new offerings. Joining the company’s portfolio of frozen pizzas, macaroni and cheese, ice cream and seafood alternatives, the additions include Hearty Rigatoni Veg…

Ingredion is divesting business in South Korea

WESTCHESTER, ILL. — Ingredion is divesting its business in South Korea to an affiliate of the Sajo Group. The Sajo Group is a food company with headquarters in Seoul, South Korea. Terms of the divestment were not disclosed; however, the transaction…

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