News & Analysis on the Bakery and Snacks Industries
NEWS IN BRIEF
Mondelēz International has named Minsok Pak as the company's new executive vice president, chief strategy, and transformation officer in charge of mergers and acquisitions, new business strategy, and digital transformation initiatives.
Mantrose-Haeuser – a subsidiary of RPM International – has acquired Profile Food Ingredients, a manufacturer of dry stabilizer and emulsifier blends for the food industry for an undisclosed amount.
US speciality ingredients manufacturer Balchem Corporation has acquired the snacks producer for an undisclosed amount.
News in brief
Insomnia Cookies has raised $3.39m in equity-based funding, according to a filing with the Securities and Exchange Commission (SEC).
An Australian gut health specialist turned healthy snack startup founder who gained the backing of snacks giant Mondelez International only weeks after launch is set to reveal her secrets for success at Probiota 2020.
Ingredion has expanded its range of plant-based ingredient solutions with the launch of its first protein isolate.