Food & Beverage News

SALT LAKE CITY--(BUSINESS WIRE)--ReposiTrak, Inc. (NYSE: TRAK), the world's largest food traceability and regulatory compliance network, built upon its proven inventory management and out-of-stock reduction SaaS platform, today declared a quarterly dividend of $0.02 per quarter ($0.08 per share annually) to shareholders of record on March 31, 2026. The cash dividends will be paid to shareholders of record on or about May 15, 2026. Subsequent dividends will be paid within 45 days of each fiscal...

MONTREAL--(BUSINESS WIRE)--Today, Kraft Heinz Canada announced a $250 million investment to modernize its Mont Royal factory in Montreal. This significant investment reinforces the company’s commitment to Canadian manufacturing and the homegrown production of its iconic brands. These funds will be directed toward upgrading and modernizing key plant systems at the Mont Royal facility – which employs over 1,000 employees – to enhance efficiency, sustainability, and innovation. As part of this inv...

MIAMI & DALLAS--(BUSINESS WIRE)--Southern Glazer’s today announced that it has extended its distribution agreement with Pernod Ricard USA....

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation II Inc. and its affiliates, including the College Inn and Kitchen Basics brands, for approximately $110 million in cash. B&G Foods expects the acquisition to be immediately accretive to its earnings per share, adjusted EBITDA and free cash flow. B&G Foods projects that on an annualized basis, the College I...

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP) (“Fresh Del Monte” or the “Company”) today announced that it has completed the acquisition of select assets of California-based Del Monte Foods Corporation II Inc. and its affiliates for approximately $285 million. The transaction was approved by the United States Bankruptcy Court for the District of New Jersey following a court-supervised sale under Section 363 of the U.S. Bankruptcy Code and will be funded through a...

WEST SACRAMENTO, Calif. & SÃO PAULO--(BUSINESS WIRE)--Origin Materials, Inc. (“Origin”) (NASDAQ: ORGN, ORGNW), a technology company with a mission to enable the world’s transition to sustainable materials, announced a strategic distributor relationship with HP Embalagens, a leader in high-performance thermoformed packaging, for sustainable PET bottlecaps. HP Embalagens expects to purchase PET caps from Origin Materials for sale and distribution to its customer base, including many of the world’...

BALTIMORE--(BUSINESS WIRE)--Pompeian Accelerates U.S. Growth With nearly $10M Investment in Baltimore HQ...

ARLINGTON, Va.--(BUSINESS WIRE)--The NAMA Foundation today released The 2024–25 State of Convenience Services, a new industry census that reveals how self-service retail and workplace amenities are driving some of the strongest growth in food and beverage access. It also explores how the mix of micro markets, vending, office coffee service, and pantry continues to evolve. Developed in partnership with Technomic, the report gives decision‑makers a powerful view of industry scale, performance ben...

LOUISVILLE, Ky.--(BUSINESS WIRE)--AyrKing's new 8-gallon Mixstir blends batter in 60 seconds without aeration, automating hand-stirring and freeing labor in high-volume kitchens....

KANARRAVILLE, Utah--(BUSINESS WIRE)--BZI®'s New ExoClip™, ExoWall™ and EntroDeck™ Products Are Available for Architects and Engineers for Early Stages of Building Design...