Home » Nasdaq ends at record high Source: Sosland Publishing Co. Recap for February 29 The Nasdaq index on Thursday notched its first fresh record high since 2021, ending its streak of 569 trading days without one. The other two…
PALM BEACH, FLA. —Arbor Investments, a private equity firm that acquires companies in the food and beverage industries, has named Alison Miller chief strategy officer. In her new role, Miller will be in charge of facilitating and driving and growth…
NEW YORK — Keychain has unveiled its AI-powered manufacturing platform for the packaged goods industry. The platform enables brands and retailers to identify, select and manage manufacturer partners. In December, Keychain raised $18 million in seed funding to accelerate the…
SALISBURY, MD. — Fourth-generation, family-owned protein processor Perdue Farms has named Todd Tillemans as the new chief commercial officer (CCO). Tillemans will focus on the company’s growth strategies, which include overseeing the marketing and sales of Perdue’s legacy brands and products…
VANCOUVER, BC. — Nature’s Path will unveil a new line of organic, high-quality flours at Natural Products Expo West 2024. The flours are made with a wide variety of grains processed through traditional low temperature milling and mixed at low…
CHICAGO — A company’s sustainability program may take it in several directions, with some focused on sourcing, others with food waste or energy savings. How a company approaches sustainability may depend on its size and, in the baking industry, whether…
PETERBOROUGH, UK. — ABF Ingredients has named Jeremy Xu as its new chief executive officer. Xu succeeds Fabienne Saadane-Oaks, who is retiring from the company. Saadane-Oaks has been CEO since 2015. Xu joins the company from Ingredion, Inc., where he…
FERNDALE, WASH. — Creations Foods, a portfolio brand of private equity company Rio Investment Partners, has acquired High Key, a manufacturer of reduced sugar snacks. Terms of the acquisition were not disclosed. Other brands within the Creations Foods portfolio include…
MUMBAI, INDIA — Funds advised by Convergent Finance LLP and private equity firm Samara Capital have reached agreement to acquire a 51.8% stake in Agro Tech Foods Ltd. (ATFL) from Chicago-based Conagra Brands, Inc. Financial terms of the transaction were…
After water, tea is the most-consumed beverage in the world. The latest trend for this traditional drink? Sustainable tea, produced … source
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