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Study reveals Gen Z, Millennials grill year-round

More grillers are sourcing new grilling recipes, tips and ideas online.
August 22, 2019
Nearly 61% of Gen Z/Millennial grillers (ages 18-38) reported grilling year-round, according to an annual grilling survey conducted by Acosta Sales & Marketing, Jacksonville, Fla.
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Quest frozen pizza

Simply Good Foods to acquire Quest Nutrition

The pairing of Quest with its Atkins brand positions Simply Good Foods to benefit from consumer mega trends related to healthy eating and better nutrition.
August 22, 2019
The Simply Good Foods Co., Denver, Colo., announced plans to acquire Quest Nutrition, LLC, El Segundo, Calif., for $1 billion in cash.
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Study: Bakery processing equipment market to reach $11B by 2025

The increasing consumption of baked goods across the globe is driving the bakery processing equipment market growth.
August 22, 2019
The bakery processing equipment market is expected to exceed $11 billion by 2025, according to a new research report by Global Market Insights, Inc., Shelbyville, Del.
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Smith Brothers Farms to acquire Alpenrose Dairy

The acquisition will broaden Smith Brothers Farms’ dairy production capabilities in the Northwest.
August 22, 2019
Smith Brothers Farms, Kent, Wash., announced plans to acquire assets of Alpenrose Dairy, Portland, Ore.
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Study evaluates electric autonomous mobility in U.S., China, India

The report focused on countries that are aspiring to be or are current leaders in vehicle manufacturing and intelligent mobility technologies.
August 22, 2019
Rocky Mountain Institute (RMI), Boulder, Colo., released a report that evaluates how mobility ecosystems are evolving in China, India and the United States.
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Study: Food industry M&A deals totaled $2.46B globally in July

The top country in terms of M&A deals activity in July was the United States with eight deals, followed by Spain with six and Japan with four.
August 22, 2019
Total food industry merger and acquisition (M&A) deals in July totaled $2.46 billion, according to GlobalData, UK.
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default lamb

CoveMark partners with Capra Foods to scale operations

This transaction will help to scale operations to meet existing customer demand.
August 22, 2019
CoveMark, a Dallas-based private equity firm, announced plans to partner with Capra Foods, Goldthwaite, Texas, to scale operations to meet existing customer demand.
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Research: Cobot market to exceed $11B by 2030

The study finds that the yearly revenue for cobot arms will reach $11.8 billion by 2030, an increase from $711 million in 2019.
August 22, 2019
The collaborative robotics (cobot) market will become increasingly mainstream over the next 10 years, according to “Industrial Collaborative Robots Market Tracker,” new analysis from ABI Research, New York.
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sustainability farm

Mucci Farms acquires Orangeline Farms, announces expansion plans

Mucci Farms is a vertically integrated fruit and vegetable grower.
August 22, 2019
Mucci Farms, Canada, acquired controlling interest of Orangeline Farms, Canada, including its existing greenhouse and warehouse facilities and additional land with plans for expansion.
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sustainability farm

Eco Convergence Group announces corporate name change, breaks ground on largest indoor vertical farming facility in Southeast

This new growing facility is said to be the single largest indoor vertical farm of its kind in the Southeastern United States.
August 22, 2019
Eco Convergence Group, Orlando, Fla., changed its corporate name to Kalera.
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