McDonald’s names Ian Borden as President of all international markets

USA – McDonald’s Corporation has appointed Ian Borden, most recently President, International Developmental Licensed (IDL) Markets, as the company’s new President, International, effective 11th December, 2019. The announcement follows the appointment of Joe Erlinger to President, […]

Palsgaard named Sustainability Champion at Fi Innovation Awards

EUROPE – Global emulsifier specialist, Palsgaard has won the Sustainability Champion prize at the Food Ingredients Europe Innovation Awards after reducing net CO2 emissions from its six global production sites to zero. In 2010, Palsgaard […]

French e-grocery shopping platform Jow raises US$7m additional funding

FRANCE – French e-grocery startup Jow has raised US$7 million in new funding led by Stride.VC alongside DST Partners, as well as Caterina Fake and Jyri Engeström from Yes VC and Shan-Lyn Ma, the co-founder […]

Canopy Growth names Constellation Brands’ veteran as new Chief Executive Officer

CANADA – Canopy Growth Corporation has appointed Constellation Brands’ executive vice president and chief financial officer David Klein as the company’s new Chief Executive Officer, effective January 14, 2020. David will be replacing Mark Zekulin […]

Nestlé invests in Latin American venture capital firm Angel Ventures

MEXICO – Nestlé is investing in Angel Ventures, a Latin American venture capital firm that seeks to raise US$100 million by the end of second quarter 2020, to support startups across Mexico, Colombia, Peru and […]

American ingredients supplier Batory Foods acquires Polypro International

USA – Commodity and specialty food ingredients distributor, Batory Foods has acquired the assets of Minneapolis-based Polypro International, one of the largest distributors of hydrocolloids in the United States and the Americas. Polypro has been […]

Saudi food group Almarai appoints new chief executive officer

SAUDI ARABIA – Almaria Company, the Gulf’s leading dairy company based in Saudi Arabia has appointed Mr. Majed Mazen Nofal as its Chief Executive Officer, effective 1st January 2020. As part of the company’s succession […]

Firmenich announces ‘classic blueberry’ as 2020 flavor of the year

SWITZERLAND – Firmenich has announced ‘Classic Blueberry’ as the flavor of the year for 2020, due to its longstanding association with well-being and its role in helping diversify food and beverage options for consumers around […]

Fonterra is making good progress towards achieving new strategy, says CEO Miles Hurrell

NEW ZEALAND – In September this year, New Zealand dairy co-operative, Fonterra unveiled a new operating model and organization strategy introducing a new customer-led operating model in a bid to drive profitability. After nearly three […]

Conagra Brands partners with SolAmerica Energy on mega solar energy project

USA – American branded food company, Conagra Brands has entered into a 15-year service agreement with SolAmerica Energy to place eight acres of solar panels on the company’s Wish-bone salad dressing facility at St. Elmo, […]