Tracking the latest fats and oils trends

CHICAGO — Today’s shoppers not only want more for their dollar — they also want more for their calories. And with fat being the most calorically dense nutrient at 9 calories per gram, the fat type matters to many consumers. Eight in 10 consumers said they are seeking foods that offer nutrition profiles personalized to […]

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White River to develop soy processing plant

OMAHA, NEB. — White River Soy Processing, LLC was chosen by the North Platte Chamber & Development Corp. to develop an oilseed processing plant near Hershey, Neb. The plant will anchor the Hershey Rail Park, a 300-acre industrial rail park about eight miles west of North Platte, Neb., on the western side of the state. […]

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Lallemand acquires Swiss biotech business

MONTREAL — Lallemand Inc. said its subsidiary Danstar Ferment AG has finalized its acquisition of Evolva AG from Evolva Holding AG. The transaction was first announced on Nov. 21, 2023, and was approved by Evolva Holding shareholders on Dec. 21, 2023. Headquartered in Reinach, Basel, Evolva focuses on the research, development and commercialization of natural […]

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Swander Pace Capital, two partners acquire Quebec bakery

ADSTOCK, QUE. — Private equity firm Swander Pace Capital has partnered with CDPQ and Roynat Equity Partners to acquire a majority stake in St-Méthode Bakery, a supplier of fresh bread products. St-Méthode Bakery (BSM) will continue to supply customers throughout Quebec and other markets from its bakery in Quebec. “We are delighted to partner with […]

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IFT identifies four trends to watch in 2024

CHICAGO — The science and policy team at the Institute of Food Technologists has identified four food science trends that may impact 2024, including the emergence of a farm-to-fork strategy, food as medicine, improving food safety and advancing artificial intelligence (AI). The farm-to-fork strategy will recognize that each component of the food ecosystem is interconnected. […]

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Baking company, distributor spar over arbitration

WASHINGTON — Whether independent distributors of baked foods are subject to mandatory and binding arbitration is a question at the center of a case to be argued before the US Supreme Court. Briefs taking both sides of the question have been submitted to the court in recent weeks.  In the case, Flowers Foods, Inc. contends […]

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Weaver Popcorn secures new ownership

WEST PALM BEACH, FLA. — AUA Private Equity Partners has acquired Weaver Holdings, LLC, a manufacturer of popcorn and snacks. Financial terms of the transaction were not disclosed. Founded in 1928 by Ira Weaver, Van Buren, Ind.-based Weaver Popcorn Manufacturing is the largest independent maker of popcorn products in the United States, according to the […]

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Johnsonville seeks sausage segment growth with Salm acquisition

SHEBOYGAN FALLS, WIS. — Johnsonville said it acquired its longstanding co-packer Salm Partners from Entrepreneurial Equity Partners on Jan. 3. Financial details of the acquisition were not disclosed. A co-manufacturer of co-extruded food products, Salm produces fully cooked sausage and premium hot dogs from its two production plants in Denmark, Wis. “We welcome Johnsonville as […]

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Brakebush Brothers buys Lake Foods

WESTFIELD, WIS. — Brakebush Brothers Inc. has acquired Lake Foods, based in Hartwell, Ga. Lake Foods runs a portioning facility for raw, sized, marinated and ready-to-cook chicken products. Financial terms of the transaction were not disclosed. “We are very enthusiastic about this acquisition,” said Gregory Huff, president and chief executive officer of Brakebush. “The values, […]

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