Evergreen says its new identity formalizes a strategy that shifts cultivated meat from a consumer curiosity to a dependable infrastructure solution that strengthens the existing beef supply chain.
Ventura Foods operates as a joint venture of CHS, Inc., a global agribusiness and the largest farmer-owned cooperative in the United States, and Mitsui & Co., a global trading and investment company.
Sunbelt Bakery's refreshed packaging will roll out across its full product assortment, including Chewy Granola Bars, Soft Baked Bars and seasonal offerings.
Through its financial restructuring, the company eliminated approximately $2 billion of funded debt and is emerging with approximately $600 million of liquidity.