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.
According to a report by research firm MarketsandMarkets, the global Corrugated Box Market size was estimated at US $67.6 billion in 2021 and is projected to reach $80.8 billion by 2026, at a CAGR of 3.6%.
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.
GOOD PLANeT Foods, creator of premium plant-based, allergen-free cheeses, unveiled two new products to their line-up: Real Smoked Cheddar and Real Smoked Gouda Plant-Based Cheese Wheels.
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.
Two-thirds of U.S. consumers who identify as flexitarians and nearly three-fourths of consumers who follow a non-animal protein diet consider themselves foodies.
LFIA commends both the Biden Administration and the government of Mexico for working diligently on arriving at a timely solution to keep the imports of avocados free flowing into the U.S. to satisfy the country’s increasing demand for the highly popular fruit.