NEW YORK — IFF and Roquette have entered into a definitive agreement under which New York-based IFF will sell its Pharma Solutions business unit to Roquette, La Madeliene, France, for an enterprise value of up to $2.85 billion. The Pharma…
PURCHASE, NY. — Frito-Lay, Inc., a division of PepsiCo, Inc., has introduced Rold Gold Waffles as the latest addition to its Rold Gold pretzel portfolio. The product features salted pretzels in a lattice shape similar to waffles. Rold Gold Waffles…
NEW YORK — Chunk Foods, a maker of plant-based products that mimic whole cuts of meat, is aiming to add scale. For Chunk Foods, going beyond replicating the basic burger, chicken nugget, or hot dog in a plant-based application is…
LIVINGSTON, CALIF. — Foster Farms named Jayson Penn the company’s new chief executive officer on March 18. Penn succeeds Donnie Smith, who was appointed CEO of Foster Farms in conjunction with Atlas Holdings’ acquisition of the poultry company in June…
Biotechnology & Natural Color Production Biotechnology is revolutionizing the world of natural color production, bringing forth a new era of captivating shades. Advances such as Givaudan’s upcoming acid stable blue are proving that ancient techniques can be used in new…
CHICAGO — Fat is a necessary macronutrient in the human diet historically obtained from animals and plants. As a solid fat or liquid oil, the ingredient also may offer functional aspects in many formulations. Technology enables the design of fats…
DOWNERS GROVE, ILL. — Nick Hewitt has joined Hearthside Food Solutions as chief financial officer. He succeeds Dan Coats, who had been serving as CFO in an interim capacity. Hewitt has more than 25 years of experience, most recently as…
Home » Export sales push corn futures higher Source: Sosland Publishing Co. Recap for March 15 Soybean futures ended higher Friday, recovering from the previous day’s decline after a day of choppy trading. Wheat futures mostly weakened for a third…
AUSTIN, TEXAS — An affiliate of Peak Rock Capital, a middle-market private investment firm, has acquired California Custom Fruits and Flavors (CCFF). Terms of the acquisition were not disclosed. California Custom Fruits and Flavors, which was founded in 1986 by…
DARMSTADT, GERMANY — Döhler Ventures, the ingredient manufacturer Döhler’s entrepreneurial investment arm focused on startups within the global nutrition and technology ecosystem, is investing in Vertosa, an infusion technology company for cannabis and hemp products. The investment will enable Döhler and…
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