Purchase, NY, Plano, TX — PepsiCo, Inc. based in Purchase, NY announced yesterday that it will acquire KeVita, maker of fermented probiotic and kombucha beverages. According to BevNET, sources close to the deal have put the purchase price between $200 and 300 million. PespiCo has already held a minority stake...
Quebec, Canada — Fruit d’Or, Notre-Dame-de-Lourdes, Quebec, Canada held its Cranberry Harvest Symposium on October 23-26 at their Quebec headquarters. Several important announcements took place at the symposium, including a new partnership with Taiyo International, Inc, Minneapolis, MN for a new branded ingredient, SunCran. SunCran combines Fruit d’Or’s Organic Cranberry Juice...
Dean Foods Company is forming a joint venture with CROPP, an independent farmer cooperative and owner of the Organic Valley brand. The partnership, which will begin processing and shipping in mid-to-late 2017, will bring Organic Valley milk to retailers through Dean Foods’ processing plants and refrigerated direct store delivery system.
According to an enforcement policy statement released, by the Federal Trade Commission (FTC) on November 15, 2016, the FTC will begin to hold over the counter (OTC) homeopathic makers to the same standards as other products that make similar claims of treating specific conditions. Under the new policy, claims “based...
Haddonfield, NJ— Stephen Strassler, founder and co-owner of Reviva Labs, passed away suddenly in his home last month at the age of 86. For 40 years, Strassler positioned Reviva Labs as a leader in natural skin care, overseeing many breakthroughs and manufacturing hundreds of products. “Stephen was one of the...
Denver, Co. — The acquisition of WhiteWave Food Co. by French Danone SA has been delayed. WhiteWave anticipates the deal — which is estimated at $12.5 million including debt, and was expected to close at the end of this year — will be completed within the first quarter of 2017,...
Phoenix, AZ — Sprouts Farmers Market announced the resignation of Doug Sanders, executive chairman for the Sprouts Board of Directors. Sanders, who recently became the chief executive officer of a technology company, plans to focus his efforts on that. “Doug has been an integral part of Sprouts since our inception...
A new meta-analysis study, published in the Journal of the American College of Nutrition, suggests an egg a day may help lower the risk of stroke. Eggs, which contain cholesterol, were once thought to increase one’s risk of heart disease. However, recent studies show cholesterol in food may not affect...
Washington, D.C.—A new study conducted by the University of South Carolina (USC) and partially funded by the American Institute of Cancer Research (AICR) presented findings at the AICR 25th Research Congress that suggest postmenopausal breast cancer survivors who consumer an anti-inflammatory diet made up of whole grain, healthy fats, spices...
