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While there is still a sizable gap in the availability of sustainable products, a number of trends for 2020 indicate that brands and consumers are moving in a positive environmental direction.
US Foods Holding Corp., Rosemont, Ill., launched its Fall Scoop 2019, which focuses on “Global Discovery Made Easy” and showcases products with Latin American, Asian and Middle Eastern influences.
PWD Acquisition LLC acquired the parent company of Pei Wei Asian Diner, LLC, Irvine, Texas, from its previous parent company, Centerbridge Partners, L.P., New York.
Nasoya, Ayer, Mass., expanded its lineup of plant-based, Asian-inspired products with a new vegan kimchi line that pairs with rice, noodles soup and more.
Paulson & Co. Inc., New York, and TriArtisan Capital Advisors LLC, New York, acquired P.F. Chang's China Bistro, Inc., Scottsdale, Ariz., from Centerbridge Partners, L.P., New York.
Swander Pace Capital, a San Francisco-based private equity firm, acquired Fine Choice Foods, a Canada-based developer, manufacturer and distributor of fresh and frozen Asian-flavored appetizers sold under the Sum-m! brand in retail and foodservice channels.
HF Foods Group Inc., Asia, formerly known as Atlantic Acquisition Corp., New York, consummated its business combination with HF Group Holding Corp., Greensboro, N.C.