Headlines

Exhibitors at the Summer Fancy Food Show showcased modern takes on the morning meal with a focus on nutrition and convenience.

Del Monte Foods, one of the country’s largest producers and distributors of branded food products, announced late Tuesday that it has filed for Chapter 11 bankruptcy protections and is seeking a buyer.

The plant-based meat category has undergone numerous waves, but those still in the market believe they finally narrowed in the product types, positioning and formulations to make it among mainstream consumers.

Shore Capital Partners announced today the close of its third food and beverage fund with over $450 million in capital commitments.

At the Specialty Food Association’s Summer Fancy Food Show, brands showcased authentically diverse offerings in the refrigerated dip set that lean into health trends and global flavors.

Japanese trading and investment company Marubeni Corporation has acquired Phoenix, Ariz.-based Bubbies Ice Cream, marking its entrance into the U.S. ice cream market. Terms of the deal were not disclosed. As part of the transaction, Bubbies will join Marubeni American Corporation, based in New York City, while continuing operations out of Phoenix, per a press… Read more »

Tazzy Candy has pivoted from its inaugural product type to a new 3-SKU line of Cookie Bites along with the yet-to-be launched second endeavor, with both debuting at the Summer Fancy Food Show this week.

Organic foods brand Bearded Brothers has acquired fellow bar maker SANS Meal Bar, SANS founder and CEO Nathan Gordon announced on LinkedIn Friday.

Nissin Foods, the maker of Cup Noodles instant ramen, is targeting GLP-1 weight loss drug users with a new product line debuting this week at the Summer Fancy Food Show in New York. Kanzen Meal, the company’s first foray into the single-serve frozen meal market, was developed using proprietary technology and Japanese culinary techniques to precisely deliver key nutrients while optimizing flavor, according to Nissin Foods.

United Natural Foods, Inc. (UNFI) says it’s back up and running after a cyberattack hobbled the distributor’s national network earlier this month, but brand operators anticipate continued disruption for some time, and many remain in the dark about the ongoing impact.