Devens, MA—Little Leaf Farms, a packaged lettuce brand based on the east coast, has received over $18 million in financing from Bank of America with another $20 million incoming to help the company grow, according to a press release. [caption id="attachment_70448" align="alignright" width="248"] Image courtesy of Little Leaf Farms.[/caption] Little...
Fort Lauderdale, FL—Maximum Marketing has acquired Sunshine Specialties, in Southern California, which will expand Maximum Marketing’s coverage from east of the Rockies all the way to Southern California, a press release says. The acquisition will combine the two companies to create a stronger brand, and will bolster the accounts both...
Washington, D.C.—The Organic Trade Association (OTA) on Monday urged the U.S. Department of Agriculture to “move expeditiously” to implement a final rule to clarify the Origin of Livestock rule, according to a press release, saying that “clarification is long overdue and is critical to leveling the playing field among organic...
Purchase, NY—PepsiCo announced in a press release that it has entered into a definitive agreement to acquire BFY Brands, maker of PopCorners snacks. After closing, BFY Brands will report to PepsiCo’s Frito-Lay North America division. The addition will expand Frito-Lay’s snacking portfolio and allow it to offer consumers more positive...
Niles, IL—Imbibe, a beverage development company, announced their top 10 U.S. beverage trend predictions for 2020 in a press release. Many of the trends will be driven by health and wellness, in conjunction with experience-culture and the state of the economy. Holistic Wellness: Demand for beverages that support physical and...
Silver Spring, MD—UNFI and Hodgson Mill have each issued recalls on flour for potential E. coli contamination, according to announcements from FDA. UNFI is voluntarily recalling five-pound bags of its Wild Harvest Organic All-Purpose Flour, Unbleached, with a Best By date of 1/8/20 and the UPC Code 711535509158. During routine...
Viroqua, WI—Ecocert Group has acquired Nature’s International Certification Services (NICS), an organic certification agency. The acquisition strengthens Ecocert’s presence in the U.S., according to a press release. Marta Engel, Owner of NICS, said: “Ecocert is an ecologically minded company whose mission is a lot like NICS’s. With the new ownership,...
Los Angeles—Butterfly, a LA-based private equity firm specializing in the food sector, has signed a definitive agreement to acquire a majority stake in Orgain, Inc., according to a press release. Orgain is a producer of organic and clean nutrition products. It sells ready-to-drink nutrition shakes, protein powders, and bars. It...
Atlanta, GA—CDC has posted a notice of a multistate outbreak of E. coli 0157:H7 infections. The source of the outbreak has not yet been determined, but ill people in Maryland have reported eating Ready Pac Bistro Bowl Chicken Caesar Salad, and E. coli 0157 has been detected in an unopened...
San Diego, CA—Bumble Bee Foods filed for bankruptcy on Thursday, according to CNN, blaming its “recent and significant legal challenges.” FCF Co., a Taiwanese fish supply chain company, plans to put in a $925 million bid for the assets. The deal is expected to be completed within 90 days. The...
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