Paris, France — Danone has entered a binding agreement to sell its U.S. dairy business Stonyfield to Lactalis for $875 million. The company was required to sell New Hampshire-based Stonyfield as part of the U.S. Justice Department’s approval of its $10 billion purchase of foods giant WhiteWave. Stonyfield generated about...
LAKE SUCCESS, N.Y. —The Hain Celestial Group, Inc. (Nasdaq: HAIN), today announced the purchase of The Better Bean Co. Portland, Ore.-based Better Bean was founded in 2010 by the father and daughter team of Keith and Hannah Kullberg, to make eating beans easy, tasty and healthy. Better Bean will augment Hain Celestial’s...
Dallas, TX – Dean Foods Co., a food and beverage company that specializes in dairy and soy products, announced on Thursday it has acquired Uncle Matt’s Organic, an orange juice company. According to Dean Foods, the acquisition, for an undisclosed sum, will expand the company’s non-dairy assortment and emphasize the...
Arteasans Beverages, based in New York City, NY, announced that it will be increasing their current distribution in the Mid-Atlantic and Northeast regions by partnering with distributors BCS International Corp., and Hana Food Distributors, Inc. Artesean will benefit from BCS and Hana Food’s combined 1,500 retailer clientele base, as well...
Philadelphia, PA – The city’s controversial 1.5-cent-per ounce sugar-sweetened soda tax on beverage distributors was upheld on Wednesday by a Pennsylvania appeals court. The American Beverage Association, Philadelphia residents and business owners had filed suit last fall challenging the tax, saying it represented illegal double taxation. The tax was put...
Boston, MA — Biena Snacks announces a group of new influential investors joining their team. Some notable members include: Darren Rovell from ESPN, Jesse Itzler co-founder of Marquis Jets, and the founder of Spanx Sara Blakely. Some additional investors are Blueberry Ventures, Centerman Capital and New Ground Ventures. "The momentum for...
Seattle, WA — According to the Puget Sound Business Journal, Seattle council members have approved a tax on sugary beverages in an attempt to discourage unhealthy consumption and to fund other initiatives, like scholarships and classroom investments, job training, healthy and affordable food access, and children's health programs. Distributors now...
Washington, D.C. — The U.S. Food and Drug Administration will extend the timetable for compliance with its new rules for Nutrition Facts and Supplement Facts Label and Service Size, the agency announced on Monday. “We listened to the industry and consumer feedback,” said Anne Norris, Health Communications specialist with the...
Berkeley, CA — Sovos Brands’ latest acquisition is Rao’s Specialty Foods, a producer of premium pasta sauce. This is Sovos Brands’ second acquisition in less than six months following their purchasing of Michael Angelo's Gourmet Foods in January 2017. Sovos Brands is an up and coming food and beverage company...
Richmond, BC, Canada - The organic breakfast and snack food production business, Nature’s Path Foods, has received a Zero Waste Certification for its third facility in Sussex, Wisconsin. Green Business Certification Inc. (GBCI) has recognized the sustainability efforts of Nature’s Path and have also given Zero Waste Certifications to its...
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