Nestlé announced it has acquired Freshly, one of the leading fresh-prepared meal delivery services in the U.S. The deal values Freshly at $950 million, with potential earnouts up to $550 million contingent to the successful growth of the business. This transaction was signed and closed on October 30, 2020. Founded in 2015, Freshly delivers a menu of fresh, chef-cooked meals to customers across the country, breaking down the barriers to healthy eating by delivering nutrition and convenience at scale.
Cadence Kitchen, the Southern California food-tech innovator using liquid nitrogen to modernize frozen cuisine, announces the expansion of its range of natural, preservative-free and globally-inspired menu items at more than 200 retail partner locations in the United States. With 11 new dishes that cook from frozen to chef-made perfection in as little as seven minutes, Cadence Kitchen is prepared to meet growing consumer desire for higher quality, convenience and international variety in-home cooking during a post-COVID reality.
Fast-casual restaurant chain B.GOOD announced it will serve new Non-GMO and Certified Organic lemonade options from Tractor Beverage Company at participating locations starting today. B.GOOD is excited to offer beverages that use sustainably grown, real ingredients sourced from organic farms, meeting its Food Ethos standards.
HelloFresh brings back its popular no-subscription-required Thanksgiving Feast. The box is available for preorder beginning October 28th with delivery beginning on November 17. The box is available in two versions and features all the fresh ingredients, easy to follow recipes, and in-depth meal prep guide you’d need to orchestrate the ultimate holiday feast.
Yasso Frozen Greek Yogurt unveiled its latest innovation, new Frozen Greek Yogurt Sandwiches. On the heels of the successful launch of their Dipped Greek Yogurt Bars in May, a new product line that's already contributing 19pts of growth to the Yasso business (Source: IRI, week ending 10/4/20), the brand's newest better-for-you launch is primed for success with standout taste and nutrition, with flavors including Mint Chocolate Chip, Vanilla Bean and Peanut Butter.
Volpi Foods, the St. Louis-based, fourth-generation family-owned and operated producer of specialty cured meats since 1902, announces the launch of their new product line, Small Bites. They are a single serve packages with 1.5-ounce portions of the brand’s expertly sliced artisan-made, dry-cured meats. With plans for smaller holiday gatherings and more time at home this year, the new Small Bites line is perfect for convenience and sparking curiosity in the kitchen.
Since its launch last year, manufacturers across 20 countries worldwide, who have implemented Mettler Toledo’s GC (Global Conveyor) Series of integrated conveyorized metal detection systems are reporting significant productivity and uptime benefits.
US Foods announced the launch of Holiday Scoop 2020, “Wow Your Diners On- and Off-Premise.” With this special edition of Scoop, operators can design family-style take-out meals to meet increased demand during the busy holiday season, and develop a new rotation of on-trend menu items to help fight menu fatigue whether diners are ordering to-go or dining in. Holiday Scoop features 14 items to help restaurant owners create standout menu items that not only meet diner demand but increase revenue opportunities this season.
Harrington Hoists has introduced their new CX010 mini hand chain hoist designed for use in high or difficult to reach areas. This hoist has a rated capacity of 1 Ton and is the third model in Harrington’s line of smallest and most lightweight hand chain hoists in the world. This hoist is available with 10 or 20 foot of lift and features a Twist Detector that visually identifies if the bottom hook has been capsized which alerts users to correct the resulting twisted chain before use.