Condiment and oil manufacturer Ventura Foods has reached an agreement to acquire DYMA Brands, maker of liquid portion control and bulk condiments, seasonings and dry blend mixes for the foodservice industry.
Getz will lead the project management, engineering, manufacturing, purchasing and technical services departments, as well as operations in RBS’ Tianjin, China facility.
Capstone Partners reports the food sector has showcased defensibility amid elevated inflation and interest rates, evidenced by healthy levels of merger and acquisition activity through year-to-date.
The FDA’s FSMA 204 food traceability law requires additional traceability recordkeeping for foods on the Food Traceability List, which includes fresh, frozen and previously frozen finfish, smoked finfish, crustaceans and molluscan shellfish.