JAB Holding buys Panera Bread for $7.5 billion
Panera Bread and JAB have entered into a definitive merger agreement under which JAB will acquire Panera for $ 315 per share in cash, in a transaction valued at approximately … Continue Reading →
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General Mills’ 301 Inc. invests $3 million in organic granola company
301 Inc., the venture capital arm of General Mills, has invested $ 3 million in Purely Elizabeth, a Boulder, Colo.-based maker of granola, oatmeal, muesli, and cereal that uses more … Continue Reading →
82% of U.S. households have organic food in their kitchens
New Nielsen findings released by the Organic Trade Association (OTA) show that 82.3% of American households have organic food in their kitchens. IFT Daily News
SXSW: Funding the food tech revolution
The global food and agriculture industry is a $ 7.8 trillion market and makes up about 10% of the world’s gross domestic product (GDP). And, according to Rob Wilder, co-founder … Continue Reading →
Nielsen-Massey names Trofholz CEO
Nielsen-Massey has appointed Kirk Trofholz as chief executive officer. Trofholz joins the company from Dawn Food Products, where he was previously president, U.S. Bakery Products. IFT Daily News
Moderate drinking may protect against heart disease
A study published in the British Medical Journal suggests that having a drink each day may help protect a person’s heart against disease. IFT Daily News
Meal delivery service Blue Apron buys sustainable meat provider
Blue Apron has announced the acquisition of BN Ranch, a provider of sustainable, responsibly raised beef, lamb, and poultry in the United States. IFT Daily News
Kemin acquires beta-glucan technology
Kemin Industries, a global nutritional ingredient company, has acquired unique beta-glucan manufacturing technology from Algal Scientific, which focuses on solutions for animal and human nutrition using a unique algae production … Continue Reading →
Examining the link between the microbiome, autism
A review paper published in Nutrition Reviews explores the current evidence base regarding the gut environment and nutritional status of children with autism spectrum disorder (ASD). IFT Daily News
European Chemicals Agency concludes glyphosate is not a carcinogen
The European Chemicals Agency’s Committee for Risk Assessment (ECHA RAC) has concluded that the available scientific evidence does not meet the criteria to classify glyphosate as a carcinogen, as a … Continue Reading →