[ad_1] LUXEMBOURG — The Perfetti Van Melle Group is acquiring Mondelez International’s developed market gum business for approximately $1.35 billion. The acquisition will include such gum brands as Trident, Dentyne,…
Tag: food ingredients
Bush Brothers acquires Westbrae from Hain
[ad_1] LAKE SUCCESS, NY. — Baked beans maker Bush Brothers & Co., Knoxville, Tenn., has acquired the Westbrae Natural brand of The Hain Celestial Group, Inc. Financial terms of the…
Unpacking regulatory trends: What’s in store for 2023?
[ad_1] BOSTON — Redefining the term “healthy” and bolstering food traceability are among the Food and Drug Administration’s top priorities. More clarity around plant-based meat and dairy labels also could…
Navigating the road to retail
[ad_1] SANTA MONICA, CALIF. — Digitally native brands must consider numerous factors prior to launching into brick-and-mortar retail channels. Kirsten Hogan, chief executive officer of Sana Sano Growth Advisors, shared insights…
Krispy Kreme focusing on DFD business
[ad_1] CHARLOTTE, NC. — Once Krispy Kreme, Inc. discovered the biggest barrier to purchase for its freshly-baked donuts was access, not price, the company has been working to expand distribution. During…
Sweetener users seek additional sugar imports
[ad_1] WASHINGTON — The Sweetener Users Association (SUA) said Dec. 14 that it had requested the Office of the US Trade Representative to immediately reallocate the raw sugar tariff-rate quota…
The Better Meat Co. enters joint agreement with Greenleaf
[ad_1] CHICAGO – The Better Meat Co. announced on Dec. 20 a joint development agreement with Maple Leaf Foods subsidiary, Greenleaf Foods SPC, the parent company of Lightlife and Field…
Investment from Sandy Hill goes to frozen food company, importer
[ad_1] LOCUST VALLEY, NY. — Sandy Hill Investors has made a minority investment in Seviroli Foods, Inc. and Vertullo Imports, LLC. Seviroli Foods, based in Garden City, NY, manufactures frozen…
A startup’s survival guide to a looming recession
[ad_1] SANTA MONICA, CALIF. — During the Great Recession, Sprinkles Cupcakes founder Candace Nelson feared her specialty bakery business would crumble. “I mean, upscale luxury cupcakes in a market downturn? I…