GARDEN CITY, NY. — Seviroli Foods LLC, a portfolio company of Mill Point Capital LLC, has acquired a portfolio of Italian food products from Ajinomoto Foods North America, Inc. Terms of the acquisition were not disclosed. The acquisition will include specialty…
EDISON, NJ. — AAK is expanding its AkoPlanet platform for plant-based foods in the United States with the addition of coconut oil called AkoPlanet CNO 16-001. AAK is adding the coconut oil to its AkoPlanet platform to support a sustainable coconut…
SAN CLEMENTE, CALIF. — FreshRealm Inc. is acquiring all of the US-based operational assets and supply chain infrastructure from meal kit maker Marley Spoon. The $24 million deal includes three of Marley Spoon’s production facilities in Newark, NJ; Dallas; and…
Home » Bargain seekers push corn, soybeans, wheat higher Source: Sosland Publishing Co. Recap for January 30 Bargain buying off multi-year lows sent corn and soybean futures higher Tuesday despite the absence of supportive supply-demand news. Corn futures were down…
YOKNE’AM ILLIT, ISRAEL – Phytolon and Ginkgo Bioworks have completed the first development milestone of their collaboration to produce food colors. The partnership, which began in February 2022, aims to produce vibrant betalain pigments spanning the yellow-to-purple spectrum using cell…
CHICAGO — Kellanova said it plans to achieve 90% renewable energy across its North America-based manufacturing units by the end of 2024. The company plans to achieve this via a wind energy virtual power purchase agreement (VPPA) 2021 for approximately…
BOONTON, NJ. – The snack maker Our Home is acquiring the R.W. Garcia and Good Health brands as well as three manufacturing plants from Utz Brands, Inc. for approximately $182.5 million. R.W. Garcia is a tortilla chip manufacturer and Good Health…
lAS VEGAS — The 2024 Winter Fancy Food Show saw more than 1,200 global and domestic specialty food and beverage makers showcase their newest products Jan. 21-23 in Las Vegas. The $194 billion specialty food market targets consumers interested in…
LONDON, ONT. — Andriani SpA, a pasta manufacturing company based in Italy, will invest C$33.6 million ($25.1 million) to build a production facility in London, which will become the company’s first facility in North America. Andriani will make gluten-free and…
NEW YORK — Existing investors continue to see success in Mezcla, a plant-based protein bar company, which recently raised $4 million in a Series A funding round. Griffin Spolansky, co-founder and chief executive officer of Mezcla, said the funding round was…
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