Category food

Craveworthy buys stake in Dirty Dough Cookies

CHICAGO — Craveworthy Brands, a platform company that operates several fast-casual chains, has acquired a significant stake in Dirty Dough Cookies, a growing cookie franchise.  The acquisition marks the company’s first snack brand and one of the biggest deals for…

Corbion to sell emulsifiers business

LOS ANGELES – Kingswood Capital Management, a private equity company, is acquiring Corbion’s emulsifiers business for approximately $326 million. Kingswood Capital is a lower, middle market firm that makes investments in consumer, energy, industrial, retail, technology and other industries, according to…

Equii, Bridor team up to create new baked foods

SAN FRANCISCO —Equii, a food technology company specializing in complete protein solutions, has formed a strategic partnership with Bridor, a manufacturer of bakery products. The collaboration is set to introduce a new range of baked foods that promise higher protein…

TraceGains acquires NutriCalc | Food Business News

WESTMINSTER, COLO. — TraceGains has acquired NutriCalc. Terms of the acquisition were not disclosed. Through the acquisition, TraceGains will inherit NutriCalc’s nutritional information and, in turn, NutriCalc will gain access to TraceGain’s network of supplier locations and database of ingredients and…

Blanket Pancakes eyes investors to scale

CHARLOTTE, NC. — Marquita Carter knew she couldn’t set aside pancakes, a Carter family favorite when complications from her pregnancy forced her to change her diet. She’d been diagnosed with pre-hypertension preeclampsia. Her doctor wanted to put her on full…

Fourth-straight record high for S&P 500

Home » Fourth-straight record high for S&P 500 Source: Sosland Publishing Co. Recap for January 24 US equity indexes closed higher Wednesday, driven by strong performances from the so-called Magnificent Seven: Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. Investors…

Illinois considering ingredient ban | Food Business News

SPRINGFIELD, ILL. – A bill making its way through the Illinois legislature would ban the manufacture, sale or distribution of products formulated with brominated vegetable oil, potassium bromate or red dye 3. The legislation is like a bill that was signed…

McCormick appoints Flowers’ exec to board

HUNT VALLEY, MD. — Terry S. Thomas, chief growth officer of Thomasville, Ga.-based Flowers Foods, Inc., has joined the board of directors of McCormick & Co. Thomas took on the role of chief growth officer in September 2023. In his…

Saco Foods acquires Solo Foods

MIDDLETON, WIS. — On the heels of private equity company Fengate Private Equity acquiring Saco Foods Holdings, LLC from Benford Capital Partners, Saco Foods has acquired Solo Foods LLC. Saco acquired Solo from Sokol and Co., a Chicago-based manufacturer of custom…

Slideshow: Flavors to watch in 2024

KANSAS CITY — The year ahead is full of possibilities, and the question on everyone’s mind is: What flavors will trend in 2024? From mindful indulgence to flavor fusions, there are several anticipated trends consumers will gravitate toward. In a…

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