[ad_1] 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 […]

[ad_1] 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 […]

[ad_1] 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. […]

[ad_1] 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 […]

[ad_1] 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 […]

[ad_1] 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 […]

[ad_1] CERRITOS, CALIF.  — Ube has been identified as the leading flavor of 2024 by T. Hasegawa USA Inc. Ube is a bright purple tuberous root vegetable from the Philippines. It may be used in such applications as mashed potatoes, gnocchi, sauces for desserts, baked foods and beverages. While Ube was named flavor of the year […]

[ad_1] WASHINGTON — Functional formulations, plant-based proteins and label transparency will be some of the key trends influencing the food and beverage industry in 2024, according to the annual trends prediction from the International Food Information Council (IFIC). Consumers have become increasingly conscientious of the impact their dietary habits have on their mental health, with […]