Starbucks President and Chief Executive Officer Kevin Johnson will retire after 13 years of service; Founder Howard Schultz will fill in temporarily
March 17, 2022
Starbucks Corporation has announced that Kevin Johnson, president and chief executive officer, intends to retire after a 13-year tenure at the company.
SuperMeat, a food-tech company focused on cultivated meat, announced a new strategic partnership with Ajinomoto to establish a commercially viable supply chain platform for the cultivated meat industry.
SNFL’s and IFG’s combined innovation platforms will accelerate the growth of flavorful, sustainable and healthier table grape and cherry varieties
March 8, 2022
AM FRESH Group and Special New Fruit Licensing (SNFL) announced a definitive agreement under which AM FRESH is acquiring International Fruit Genetics (IFG) and merging it with SNFL.
Dot Foods, Inc., said to be North America’s largest food industry redistributor, has acquired Morsum, a food industry data and AI platform technology company.
Fermented Food Holdings (FFH), established in late 2021, has acquired fermented-food brands Wildbrine and Bubbies. The fermented-foods category is expanding rapidly, expected to reach 10% CAGR by 2025.
Cablevey Conveyors celebrated its 50th anniversary on the day of the acquisition
March 2, 2022
May River Capital, a Chicago-based private equity firm focused on lower middle market industrial growth companies, has acquired Cablevey Conveyors, a global manufacturer of tubular-drag conveyor systems based in Oskaloosa, Iowa.
Renaissance BioScience, a global bioengineering company, has received new patent allowances and grants for its non-GMO acrylamide-reducing yeast (ARY) from regulatory authorities in China, Russia, India, Australia and Vietnam. These five new ARY patent grants and allowances join previously issued patents from the U.S., Japan, Indonesia, Chile and Colombia, with patents pending in multiple additional markets.