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Food and beverage industry news.
Sweeter Than Sugar: Incredo Rebrands and Raises $30M
Israeli food tech ingredient business Incredo LTD, formerly DouxMatok, announced it has closed a $30 million funding round this week which it will use to expand its research, development and commercialization strategy, as well as accelerate commercial partnerships.
Burcon NutraScience Launches Ingredient Processing and Scale Up Services
VANCOUVER, British Columbia— Burcon NutraScience Corporation (“Burcon” or the “Company”) (TSX: BU), a global technology leader in the development of plant-based proteins for foods and beverages, is pleased to announce that it is expanding its protein development and innovation business by offering pilot plant processing and scale-up validation as a service for our partners and… Read more »
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KeHE to Expand West Coast Distribution Footprint Through Acquisition of DPI
KeHE Distributors has entered into an agreement to acquire DPI Specialty Foods, a West Coast food and beverage distributor, the company announced on Wednesday. Financial terms of the agreement were not disclosed.
Luker Chocolate Achieves B Corp Status
Colombian B4B (business-for-business) chocolate manufacturer, Luker Chocolate, announced that it has been certified as a B Corporation, highlighting its dedication to using business as a force for good and driving transformational change in the cocoa industry.
Dave’s Killer Bars? Flowers Foods’ Snacking Strategy Takes New Shapes
Century-old Flowers Foods is no stranger to reinvention but now the bakery conglomerate sees a future strategy in snacking. Portfolio brand Dave’s Killer Bread (DKB) expanded beyond its namesake category for the first time with the launch of a 3-SKU lineup of Organic Snack Bars.
Elevator Talk: Little Sesame, Churn Foods, Something Sweet Dough, Struesli, Sea Monsters
In the latest episode of Elevator Talk, we feature leaders from Little Sesame, Churn Foods, Something Sweet Dough, Struesli and Sea Monsters. Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week’s special co-host is Tom Spier, the founder and managing partner of food and beverage investment firm BFG Partners, who shared his thoughts, questions and feedback with the participants.
Sweets & Snacks 2023: The Latest Innovations from ChocXO, Endangered Species, Joyride and More
The aisles of the Sweets & Snacks Expo 2023 were packed with a wide array of new innovations from both new and existing brands. With 16,000 expected attendees, 2023 marked the last year the show will be held in Chicago, instead rotating between Indianapolis and Las Vegas moving forward.
Four Key Takeaways from The Hershey Company 2022 ESG Report
While doubling down on its efforts to become a snacking powerhouse, The Hershey Company is embedding responsible and sustainable practices into its business transformation, as outlined in its 2022 Environmental, Social and Governance (ESG) report released on Tuesday.
Return of the Mac: 8 Myles Rebrands, Puts Comfort Food First
Fresh from raising seven-figures for its line of frozen clean-ingredient mac and cheese, 8 Myles has rebranded to Myles Comfort Foods and relaunched its flagship product with a new look and new SKUs.
SG Credit Partners Announces A Senior Debt Investment in The Good Crisp Company
SG Credit Partners, through its SG Consumer Products division, is thrilled to announce its partnership with The Good Crisp Company, a dynamic brand of better-for-you snacks that deliver in taste without guilt.