With an initial purchase price of $180M, the transaction is set to close in 2021.
December 21, 2020
The transaction, expected to close in the first quarter of 2021, has been unanimously approved by Whole Earth Brands’ and Wholesome’s Boards of Directors.
Companies have worked for two years to move from pilot testing to commercial scale manufacturing.
November 2, 2020
Rogers Sugar Inc., parent of North American sugar manufacturer Lantic Inc., and DouxMatok, a food-tech company, have collaborated to deliver a unique sugar reduction solution based on cane sugar to food companies in North America.
Ingredion is set to acquire a 75 percent controlling stake in PureCircle, a leading producer of stevia sweeteners for the global food and beverage industries.
Consumers are actively looking to change their diets by reducing their sugar intake and live healthier lifestyles, but there are many challenges to achieving sugar reduction.