Intersnack Group snags Tyrrells from Hershey

[ad_1] SLOUGH, BERKSHIRE — KP Snacks, a subsidiary of the Intersnack Group, has reached an agreement to acquire the Tyrrells snack business from The Hershey Co. Financial terms of the transaction were not disclosed. The deal includes Tyrrells’ main office and two manufacturing sites in the United Kingdom, along with U.S. manufacturing capabilities, the Aroma […]

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Hero Bread switches to olive oil

[ad_1] SAN FRANCISCO — Low-carb bread brand Hero Bread has reformulated its bread, buns and tortillas to feature olive oil. The olive oil replaces canola oil and seed oil, the company said. Hero Bread said olive oil offers several benefits, including being nutrient dense, heart-healthy and rich in antioxidants, including vitamin E and protective plant […]

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Flavorchem identifies top-of-mind trends in 2024

[ad_1] DOWNERS GROVE, ILL. — “Menu refreshes,” “plant powered,” and “her wellness” are among some of the top food and beverage trends for 2024, according to flavor and ingredient supplier Flavorchem. Food and beverage companies have been harnessing plant-based products in recent years to provide consumers with better-for-you alternatives. Ingredients like buckwheat, fungi, hemp, and seaweed […]

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Walmart on the verge of automating grocery shopping

[ad_1] LAS VEGAS — Walmart Inc. is on the verge of upgrading its Inhome Delivery program with automated replenishment. Using artificial intelligence, the program will track consumer shopping and consumption habits to automatically restock items without customers visiting a store. During a presentation at CES 2024 (formerly the Consumer Electronics Show) in Las Vegas, Whitney […]

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Post sheds light on avian influenza setback

[ad_1] ST. LOUIS — Hens at two of Michael Foods’ third-party contracted egg-laying facilities in Iowa and Ohio have tested positive for highly pathogenic avian influenza (HPAI), according to Post Holdings, Inc., parent company of Michael Foods. Post said the two facilities house approximately 4.2 million egg-laying hens, or about 10% of the company’s controlled […]

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Tamarind tops McCormick’s flavor trends for 2024

[ad_1] HUNT VALLEY, MD. — McCormick & Co. has named tamarind as its flavor of the year for 2024, according to the company’s recently released Flavor Forecast trends report. The annual report is created by a team of chefs, culinary professionals trend trackers and food technologists to predict the most significant flavor trends of the […]

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Campbell Soup seeks to fuel snacks growth

[ad_1] CAMDEN, NJ. — In a dynamic market where snack foods have long been a consumer favorite, Campbell Soup Co. faces the challenge of navigating recent pressures in the sector. Despite these pressures, the company highlighted the resilience of its power brands, constituting two-thirds of the business, which continue to perform well in the face […]

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Benestar, Palmex unite in merger of snacks companies

[ad_1] DALLAS — Benestar Brands, a portfolio company of Dallas-based private investment firm Highlander Partners, LP, has merged with Palmex S. de R.L. de C.V., a portfolio company of Chicago-based Wind Point Partners. As part of the merger, Wind Point will become the majority shareholder of the combined business while Highlander will retain a significant […]

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