CenterOak Partners announced that it has completed a majority investment in Wetzel’s Pretzels, the second largest owner and franchisor of soft pretzel stores. Financial terms of the transaction were not disclosed. Headquartered in ...
Citroen has revealed CXPERIENCE concept car, a month ahead of Paris Motor Show. It demonstrates the brand's capacity to deploy its "Be Different, Feel Good" promise in the large saloon segment. With its distinctive body style, this new ...
Sabra Dipping Company, maker of America's favorite hummus, announced the launch of Sabra Spreads, a line of fresh, wholesome, refrigerated sandwich spreads crafted to take America's sandwiches from good to great. A first in hummus history ...
Tags: Sandwich, Cracked Pepper
Holiday hero Pacific Foods is introducing a trio of nourishing pantry staples this summer – a first-to-market Organic Turkey Broth and two high-protein Organic Chicken Stocks. The new products are a convenient source of high-quality ...
Snow Phipps Group-owned Teasdale Foods has acquired Louisville, Kentucky-based Mesa Foods for undisclosed sum. Founded in 1984, Mesa is a producer of private label tortillas, flatbreads, taco shells, taco kits and chips. The acquisition ...
Tags: Mesa Foods, Snow Phipps Group
Bibigo, maker of Korean pantry staples, has launched two new hot sauces inspired by gochujang, a spicy Korean condiment and fermented hot pepper paste. The new sauces, Gochujang Mayo Sauce and Gochujang Barbecue Sauce, join the company's ...
Tags: pantry staples, hot sauces
Food packaging manufacturer Linpac has designed a new range of trays to maintain the quality and freshness of the packed products for longer time. The new tray solutions have been developed for a variety of meat, fish and poultry ...
Tags: Food packaging, Linpac
Ventura Foods has agreed to acquire Cargill’s dressings, sauces and mayonnaise (DSM) business for an undisclosed sum. Ventura Foods president and CEO Chris Furman said: "The acquisition of Cargill's DSM business is a strong fit ...
Tags: Ventura Foods, Sauces
The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...
US-based yogurt maker Chobani will expand its manufacturing facility in Twin Falls, Idaho, to meet the demand for new as well as existing products in the region. The company is self-funding the expansion which includes initiatives such ...
Tags: Chobani, Yogurt, Manufacturing Plant
US-based yogurt maker Chobani is planning to enter the beverages segment with Drink Chobani line, after it turned down acquisition offer from PepsiCo. With this new drink range, which will be a blend of fruits with its trademark Greek ...
Tags: Chobani, Aquisition, Beverage segment
Revenue dips 2.6 per cent in its Q4 2015 results, with foreign exchange rates making a negative impact to the tune of $169 million. Toys R Us has seen revenue slip 2.6 per cent in its Q4 2015 results, with foreign exchange rates making a ...
Tags: Toys R Us, Dave Brandon
Global yoghurt brand Chobani wants a scoop of Australia's $250m dip market and to this end has launched its latest product innovation: Chobani Meze Dips, a range of high-protein dips made with authentic strained Chobani yoghurt. The ...
A diet and exercise program based around low-carbohydrate, high protein eating can be highly effective in helping to control Type 2 diabetes according to researchers from the CSIRO and South Australian universities. The result of a two ...
US-based dairy products manufacturer Berner Food & Beverage has been acquired by a partner of Texas-based private equity firm Peak Rock Capital. Berner is a manufacturer of private label cheese dips, alfredo sauce, salsa con queso, ...