Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
France-based private equity firm Ardian has agreed to acquire Spanish bakery companies Berlys and Bellsolà with an intention to combine the two businesses. The financial terms of the deal were not disclosed by the parties. Berlys ...
Fifty50 Foods has designed new packaging for its certified low-glycemic products, which are produced for people living with diabetes. The company produces a variety of certified low-glycemic foods ranging from peanut butters and fruit ...
German spice producer Fuchs Group has acquired UK-based herbs and spices producer Bart Ingredients from private equity firm Langholm Capital for an undisclosed price. Through the acquisition, Fuchs plans to continue its global growth ...
Tags: Bart Ingredients, UK market
Foodstirs Modern Baking announced that its ultra-sustainable range is expanding into more than 7,500 physical retail stores across the US by the end of this month. This is just one more step in their quest to remake the $4.7 ...
Santa Barbara Chocolate, founded in 1992 has launched the new Cocoa Butter Vegan Chips. The chips, made from 100 percent fresh pressed cocoa butter, are 100 percent cacao fruit product and have no added fillers like shea butter, milk, ...
Tags: Santa Barbara Chocolate, Chocolate
US global private equity firm, The Riverside Company, has agreed to acquire Texas-based food ingredients company Parker Products for an undisclosed price. Parker Products serves the baking, dairy, beverage, confectionery, RTE and snack, ...
Tags: Riverside, Food Ingredients, Parker Products
Krusteaz, a manufacturer of baking, pancake and waffle mixes has launched the Buttermilk Protein Pancake as a new addition to its pancake portfolio. Featuring a plant-based wheat protein, sweet cream buttermilk and non-GMO ingredients, ...
Tags: Krusteaz, Protein Pancake
Enjoy Life Foods has announced a complete packaging makeover for its entire product portfolio featuring the unofficial shade of food allergy awareness, bright teal. The first to debut Enjoy Life’s bold new look are new Grain & Seed ...
Tags: Enjoy Life Foods, Seed Bars
Chocolate and cocoa products manufacturer Barry Callebaut has agreed to purchase the ingredients division of Gertrude Hawk Chocolates. This acquisition will strategically expand Barry Callebaut’s Specialties & Decorations business, ...
Tags: Chocolate, cocoa products
Natural and organic food products developer Pacific Foods is adding cashew non-dairy to its lineup of plant-based alternatives. Made with Organic and Fair Trade Certified cashews, the four flavors stand out as some of the only ethically ...
Tags: organic food, Pacific Foods
Chinese paper and pulp company Anhui Shanying Paper Industry has agreed to acquire Swedish firm Nordic Paper from Special Situation Venture Partner lll and Petek. Special Situation Venture Partner lll and Petek, each hold 60% and 40% ...
Tags: Nordic Paper, Anhui Shanying Paper
Enjoy Life Foods has introduced three new flavors Caramel Blondie, Carrot Cake and Lemon Blueberry Poppy Seed in its range of Baked Chewy Bars. The launch follows Enjoy Life’s steadfast portfolio expansion across multiple aisles of ...
Tags: Enjoy Life Foods, Baked Chewy Bars
Nestlé is considering a sale of its US confectionery business, which includes brands such as Butterfinger, Baby Ruth and Crunch chocolate bars. The food and beverage giant is exploring strategic options, which would pertain to only ...
Bosch Packaging Technology has opened a new customer solutions center in the Netherlands for vertical packaging. Located in Weert, the new center will enable food and non-food producers to select a complete vertical system solution for ...
Tags: Bosch Packaging, Packaging