Keith Nunes

Circana is forecasting 2027 food and beverage growth to be in a range between 2% and 3%, primarily driven by pricing and mix.

FRESNO, CALIF. — Private equity firm Truelink Capital has acquired ingredient supplier and solutions provider Lyons Magnus, LLC. Terms of the acquisition were not disclosed.

Nestle, Cargill granted patents Six manufacturers and suppliers were issued patents.

VEVEY, SWITZERLAND — Nestle SA and the private equity company Platinum Equity, Beverly Hills, Calif., have created a 50:50 joint venture called

AUSTN, MINN. – John Ghingo will become the chief executive officer of Hormel Foods Corp. on Oct. 26. He will succeed Jeff Ettinger, who has been serving as interim CEO.

He will replace Jeff Ettinger, who has been serving as interim CEO.

VEVEY, SWITZERLAND – The leadership of Nestle SA is focused on consistent execution across its broad portfolio of global and local brands to return the business to growth.

Nestle, Cargill granted patents Six manufacturers and suppliers were issued patents.

SEATTLE – Starbucks Corp.'s turnaround plan is ahead of schedule, said Brian Niccol, chairman and chief executive officer.

AMSTERDAM — The US ice cream market is changing, with consumers shifting their preferences from tubs and using it as a topping or in a float to hand-held or portion-controlled formats.