Post Holdings makes new executive appointments as Tyra Banks unveils new ice cream brand

US – American consumer packaged goods company, Post Holdings, has made two executive appointments to drive better collaboration, cost reduction and revenue opportunities across the company’s portfolio.  Howard A. Friedman, currently President and CEO of Post-Consumer Brands, has been appointed Executive Vice President and Chief Operations Officer for Post Holdings.  Friedman will serve on Post’s executive management team, reporting to Post’s President and Chief Executive Officer, Robert V. Vitale.   Post said in a statement that Mr. Friedman will work with each of Post’s businesses to among other things manage long-tail projects and support each business…

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Kind launches plant based ice creams as Ferrara revamps fruit snacks portfolio

US –  Kind Healthy Snacks, a better-for-you snack company owned by Mars Incoporated,  is entering the ice cream aisle with new plant-based Kind Frozen Pints. The non-dairy frozen desserts contain 4 to 6 grams of protein per serving and feature a base of pear juice, tapioca starch and/or syrup, coconut oil, sea salt, sugar, water, gum acacia, sea salt, soy lecithin, tara gum, guar gum and carob bean gum. The recently launched treats come in seven flavors: dark chocolate almond sea salt, dark chocolate peanut butter, cherry cashew, coffee hazelnut,…

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In2food, Gelato Roma collaborate to introduce chocolate ice cream with brownie pieces

SOUTH AFRICA – South African premium food business In2food has launched Choc Brownie Ice Cream in partnership with Froneri Dairymaid’s Gelato Roma Brand. The company notes that the decadent gelato is made with chocolate sauce and brownie pieces to create the perfect balance of soft chewy texture at a frozen temperature. It has revealed that its team of creative scientists are already working around the clock to expand on the variety and range of the product. “If you are a ice cream lover like us this is a must TASTE.…

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Sugar-free ice cream brand Nick’s raises US$30M to fund global expansion drive

SWEDEN – Swedish ice cream brand Nick’s has raised US$30 million in funding to expand its production capacity, as well support its global expansion drive that majorly focuses om setting foot in the US and Germany. “Our key focus is to continue our international expansion with the US being our highest priority. We are also continuing our geographical expansion in Europe,” Stefan Lagerqvist, Nick’s CEO, said during an interview with  FoodIngredientsFirst. Stefan Lagerqvist, further noted that Nicks also planned to use part of the funds to set up a new…

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Kenya’s ice cream, chocolate maker Glacier Products clinches investment from EXEO Capital

KENYA – Glacier Products Ltd, one of Eastern Africa’s leading ice cream and chocolate confectionery manufacturers operating from Kenya has received an undisclosed amount of investment from EXEO Capital, a leading pan-African private equity investment manager, through its Food and Agribusiness fund, Agri-Vie Fund II. The financial and management backing, according to reports by Private Equity News, is aimed to steer the producers of renowned Dairyland ice-creams and chocolates, towards continued sustainable growth. Commenting on the investment Sunil Shah and Minesh Shah, Directors of Glacier, said, “We are delighted to…

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Dairyworks divests its ice cream brand portfolio to focus on its cheese business

NEW ZEALAND – Dairyworks, a subsidiary of Synlait Milk, has sold its Deep South ice cream brand and operations to New Zealand-based food company, Talley’s Group, effective 12 November 2020, as it looks trim its portfolio and focus on its core cheese business. The 42 years old Deep South brand was acquired by Dairyworks in 2016. Dairyworks was subsequently acquired by Synlait earlier this year, following an announcement in October. “The sale of Deep South enables Dairyworks to focus on our core business, explore new market opportunities and deliver strong…

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Coca-Cola expands fairlife product line with new light ice cream range

USA – fairlife, an American dairy beverage brand wholly owned by The Coca-Cola Company has launched new variants of fairlife Light Ice Cream, which the company said will be available in select grocery and retail stores in 14-oz. packages. The new range includes seven flavours of fairlife Light Ice Cream; Vanilla, Chocolate, Cookies & Cream, Chocolate Peanut Butter, Double Fudge Brownie, Java Chip and Mint Chip. The dairy processor said that all varieties are made with ultra-filtered milk for a “creamy texture and delicious taste” and depending on the flavor,…

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Unilever expands its Magnum Ice Cream portfolio with three new product varieties

USA – Unilever-owned Magnum Ice Cream has introduced a new non-dairy bar and two new ice cream tubs flavors, which the brand says are all expertly crafted with velvety ice cream and the brand’s signature cracking chocolate shell. Magnum Ice Cream is bringing to the market its non-dairy sea salt caramel bars, double pistachio honey tubs and double almond brown butter tubs. According to the brand owners, the new Magnum non-dairy sea salt caramel bars deliver indulgent taste with a non-dairy sea salt caramel base dipped in a cracking non-dairy chocolate…

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Ice cream market shifts towards greater pleasure and less guilt, says Innova

WORLD – Pleasure is still the driving force behind ice cream purchases, with consumers naming its taste, the fact that it’s a treat and makes people feel happy as the top three reasons for buying it, a new report from Innova Market Insights highlights. In the contemporary consumer environment, however, the study finds that the balance between health and indulgence is increasingly important – resulting to the ice cream category’s growing focus on delivering pleasure without the guilt. As far as the key macronutrients are concerned, for example, the focus…

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Van Leeuwen Ice Cream raises US$18.7m led by NextWorld Evergreen

USA – New York-based ice cream brand, Van Leeuwen Ice Cream, has raised US$18.7 million in a Series B funding round led by consumer focused private equity fund, NextWorld Evergreen. Van Leeuwen, based in Brooklyn, New York, has grown from a Kitchen set-up into a   leading artisanal ice cream brand with stores and trucks in New York City and Los Angeles and pints in grocery stores around the country, since the brand was established in 2007. The company is currently selling traditional dairy ice cream, cashew based vegan and oat…

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