B&G Foods has acquired Farmwise, manufacturer of Veggie Fries, Veggie Tots, and Veggie Rings. Terms of the transaction were not disclosed.
“We are excited to increase our great-tasting, plant-based product offerings with the acquisition of Farmwise,” said Jordan Greenberg, executive vice president and chief commercial officer of B&G Foods. “Dave and Cristina Peters, the founders of Farmwise, have done a tremendous job developing delicious, plant-based products, including Veggie Fries, Veggie Tots, and Veggie Rings, that both parents and children love. We look forward to further supporting the Farmwise brand in the natural channel while also introducing items that Farmwise has developed into new, innovative product offerings for our Green Giant brand.”
According to The Dallas Morning News, Texas-based Frito-Lay will invest $200 million in a plant expansion in Georgia that’s expected to create about 120 new jobs.
Sonoma Brands, a private equity investor and incubator focused on emerging consumer brands, has completed the acquisition of Chef’s Cut Real Jerky Co. for an undisclosed amount.
Ingredion Inc., a global provider of ingredient solutions to diversified industries, has announced the completion of its acquisition of PureCircle Limited, a producer and innovator of plant-based stevia sweeteners and flavors for the food and beverage industry.
Silver Spring Foods, a subsidiary of Huntsinger Farms, a grower and processor of horseradish, has made several business moves in the last three months to position the company for the future.
A new Innova Market Insights report on the savory snacks market in Germany revealed that indulgence claims are the single most important influence on consumers’ snack purchase decisions, named by more than a quarter of respondents.
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