Naas, Ireland—Kerry has acquired IsoAge Technologies and Biosecur Lab Inc., according to a press release. The acquisitions expand Kerry’s clean-label food protection capabilities. Kerry’s research has found that there is a strong consumer desire for the removal of artificial ingredients in food and beverages; the market for consumer-friendly shelf life...
Chicago, IL—Ingredion Inc. and PureCircle Ltd. have announced that they have reached agreement on the terms for Ingredion to acquire a controlling 75% stake in PureCircle, a producer of stevia sweeteners, according to a press release. The acquisition has been approved by the boards of both companies. The transaction is...
New York—Fairway Market’s plans to sell its stores is proceeding on track, according to Chain Store Age. Amazon has won leases in Paramus and Woodland Park, NJ; Village Super Market Inc. has been awarded four locations in Manhattan, a store in Westchester, and Fairway’s production and distribution center; and Seven...
New York, NY—Amazon is looking to buy a handful of supermarkets owned by NYC-based Fairway Market, according to the New York Post. The Post reports that Amazon is bidding on four stores in New York and New Jersey. The New York stores are in Pelham and Brooklyn; the New Jersey...
Naas, Ireland—Kerry announced in a press release that it has acquired the Spanish company Pevesa Biotech, expanding its non-allergenic and organic plant protein capability. Pevesa is an established global leader in non-allergenic, non-GMO plant proteins for the infant, general, and clinical nutrition markets, the release says. Pevesa offers a range...
Cranbury, NJ, and New York, NY—Innophos Holdings today announced the completion of its acquisition by an affiliate of One Rock Capital Partners, LLC, a private equity firm. Richard Hooper, an industry veteran with 40 years of experience with specialty materials, has been appointed CEO of Innophos, effective immediately. Under the...
San Francisco, CA—GrubMarket announced its acquisition of Organic Harvest Network, a provider of organic produce, according to a press release. GrubMarket will provide Organic Harvest Network with additional technological expertise and a vast existing customer base across the West Coast. GrubMarket also plans to expand Organic Harvest Network’s existing produce...
Denver, CO—Ardent Mills is purchasing Andean Naturals’ quinoa sourcing, cleaning, and packaging operation in Yuba City, CA, according to a press release. The purchase is expected to be finalized in mid-February 2020. The purchase is intended as a further investment in specialty grain capabilities and in The Annex by Ardent...
Hicksville, NY—Canbiola, Inc. announced the closing of an all-stock transaction to acquire 51% of Green Grow Farms, Inc. in a press release. Green Grow Farms is licensed by New York State to grow hemp under the Hemp Research Pilot Program. It grows industrial hemp for grain, flower, and cannabidiol (CBD),...
Oakland, CA—Purity Organic Inc. announced its acquisition of Dunn’s River Brands Inc., which includes Sweet Leaf Tea and Tradewinds Beverage Co. "We are excited about this acquisition as it continues our mission of continuing to provide better for you brands to our customers," said Mary Page Platerink, CEO of Purity...
