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Organic food sales reached $47.9 billion, an increase of 5.9% in 2018, according to the Organic Trade Association. Organic food sales account for nearly 6% of the food sold in the U.S., as sales of organic fruits and vegetables rose 5.6% in 2018 to $17.4 billion. Full Story
TowerBrook Capital Partners made a strategic investment in KeHE Distributors. The funding will allow KeHE to maintain its majority employee stock ownership structure while securing the capital needed for growth initiatives. Full Story
Kraft Heinz plans to spend $62.8 million to retool its Mason City, IA, factory to produce a new slate of dessert products. The company's 9,200-sq. ft. expansion will include investments in new processing and packaging equipment and implements a new, ammonia-free refrigeration system, reported Des Moines Register. Full Story
Nestle SA will increase its natural and organic products in Brazil, as part of a wider Americas plan to cut sugar, sodium and saturated fats. The local subsidiary of Nestle has 25 initiatives in its pipeline for 2019, after investing $99.7 million in innovation in the last five years, reported Reuters. Full Story
Coca-Cola will not refranchise Coca-Cola Beverages Africa in the near term as previously planned. The company will maintain its majority stake for the foreseeable future, and while it remains committed to the refranchising process, it believes it's in the best interests of all involved to continue to hold and operate the African bottler. Full Storyread more
Upper Saddle River, NJ (April 3, 2019) - The Food Institute tallied 527 food industry mergers and acquisitions in 2018, down almost 11% from 2017’s record year, according to its annual Food Business Mergers & Acquisitions report. Manufacturers, investment firms and retailers were once again the largest segments, taking part in more than half of the deals for the...
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For close to 90 years, The Food Institute has been the best "single source" for food industry executives, delivering actionable information daily via email updates, weekly through The Food Institute Report and via a comprehensive web research library. Our information gathering method is not just a "keyword search."