Lakeview acquires the noosa yoghurt brand from Campbell Soup Company Lakeview Farms, a portfolio company of CapVest Partners LLP (CapVest) announced it has entered into a definitive agreement to acquire the noosa yoghurt brand from Campbell Soup Company. noosa is a leading manufacturer and marketer of premium whole-milk, Australian-style yoghurt[Read More…]
World News
Serve Robotics to acquire Autocado robot maker Vebu
The Autocado allows employees to load up to 25 pounds of avocados into the device and walk away to focus on serving customers and preparing other items Serve Robotics, a leading autonomous robotic delivery company announced its agreement to acquire the assets of Vebu Inc. (Vebu), a trailblazer in full-stack[Read More…]
Unhealthy dietary patterns drive $8 trillion in annual hidden costs of global agrifood systems
About 70 per cent of global hidden costs stem from health impacts linked to non-communicable diseases, particularly in more industrialised agrifood systems A refined study by the Food and Agriculture Organization of the United Nations (FAO) involving 156 countries confirms that hidden costs within global agrifood systems amount to approximately[Read More…]
Hershey expands sweets portfolio with acquisition of Sour Strips
The acquisition of Sour Strips expands Hershey’s offerings within our growing sweets portfolio with a product that is beloved by consumers The Hershey Company announced it has acquired Sour Strips, a fast-growing sour candy brand with a powerful social media presence. Sour Strips’ “sour candy that doesn’t suck” enhances Hershey’s presence in the category[Read More…]
Maersk and Danone partner to reduce GHG emissions of seaborne logistics
With the applied version of ECO Delivery Ocean by Danone the GHG emissions are reduced by more than 40 per cent compared to conventional fossil fuels Maersk is partnering with Danone, one of the world’s leading food and beverages companies, to reduce its logistics greenhouse gas (GHG) emissions by using Maersk ECO[Read More…]
GNT expands with clean-label EXBERRY paprika emulsion
EXBERRY Shade Vivid Orange is a water-dispersible colour made from non-GMO paprika GNT has added its first-ever paprika emulsion to the plant-based EXBERRY colour portfolio, enabling manufacturers to achieve clean-label orange shades in various food applications. EXBERRY Shade Vivid Orange is a water-dispersible colour made from non-GMO paprika. It has a high colour[Read More…]
Glanbia divides nutritionals business into two distinct segments
This new structure aims to streamline the business further, enhance focus on end-use markets, and provide greater insight into Glanbia’s value drivers and growth opportunities Glanbia Group has announced its plan to create a new operating model by dividing its GN business into two segments: Health & Nutrition and Dairy[Read More…]
Nestlé expands Nescafé Fusion system
Nescafé Fusion provides espresso-based beverages, filter coffee and popular iced drinks, like lattes, cappuccinos, and mochas Nestlé Professional, Nestlé’s business-to-business and out-of-home expert, is expanding its Nescafé Fusion system, a range of coffee machines that offer a wide variety of personalised drink options, from hot or cold, to whole roasted beans or instant, to dairy[Read More…]
GSA releases seafood processing standard version 6.0
This new framework was designed specifically to improve audit efficiencies, provide elevated assurances for farm-raised and wild-caught seafood to consumers Global Seafood Alliance (GSA) announced the official release of the Seafood Processing Standard (SPS) version 6.0. Key features of the standard include a restructured modular framework built around core food[Read More…]
MycoTechnology appoints Rob Case as chairman of board
Rob has supported MycoTechnology through many stages of growth as it became a prominent food technology innovator MycoTechnology, Inc. has announced Rob Case, a member of the MycoTechnology Board of Directors, as its new Chairman of the Board. He succeeds Co-Founder and former Chairman, Alan Hahn, who will continue to[Read More…]