Archives for October 9, 2019

Popchips leads formation of Velocity Snack Brands, a new snacking venture jockeying to be 'leading destination'

VMG Partners, a private equity firm specializing in better-for-you food and beverage brands since 2005, announced its acquisition of popchips and the launch of an investment arm and incubator for the next snacking era.

Prataap Snacks banks on sweet snacks to boost bottom line

Yellow Diamond brand owner Prataap Snacks is counting on an expanded sweet snacks portfolio and the recent acquisition of Gujarat-based Avadh Snacks to boost its earnings.

Reading Bakery Systems latest to enhance customer technologies with eZone online portal

The equipment supplier spent more than two years developing an online portal for customers to have 24/7 access to 3D renderings of system parts and service support information.

LUXEPACK MONACO 2019

‘We have to turn consumers into brand ambassadors & integrate them as part of the brand’

Technological innovations which were once driving the market have already disappeared (dvds, answering machines, MP3 players) and companies are still struggling to connect with millennials between 20-40 years old, according to Daniel Langer, CEO, Équité,

Hain Celestial divests baking ingredients and breakfast cereals brands

The Hain Celestial Group has offloaded its Arrowhead Mills and SunSpire brands to Hometown Food Company for $15m as it continues to simplify its brand portfolio.