Archives for July 4, 2016

Gores Group Holdings to take majority stake in Twinkies maker Hostess Brands

Private equity firm Gores Group Holdings will take a majority stake in Twinkies maker Hostess Brands LLC and plans to introduce it as a publicly traded company with an enterprise value of c. $2.3bn.

Summer Fancy Food Show

Numi Organic Tea rides rising wave of turmeric’s & matcha’s popularity

Matcha and turmeric continue to rise in popularity as consumers and manufacturers embrace the ancient ingredients for their health benefits, unique flavor profiles and brilliant colors. 

Flour milling company Ardent Mills opens new research center

The Colorado-based company’s innovation center will host research in wheat quality and include a culinary test kitchen and chef demonstration area.

Is harissa the new sriracha? Entube chili pastes launch in Whole Foods

The explosive success of sriracha - a fiery sauce used in Asian cooking that became a cult hit in the US thanks to Huy Fong Foods – proved that some Americans like it hot. The more recent surge of interest in harissa – a staple in North African and...