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Search results for "start-up of the month"

5484 results found for "start-up of the month"

  • Five Star acquires vending machine supplier Elite Vending

    Five Star Food Service has completed its acquisition of Elite Vending Company, for an undisclosed sum The acquisition will add to Five Star's existing business base in this region. The deal comes seven years after Five Star purchased routes from Elite, which, "at the time, were based Richard Kennedy, Five Star’s president and CEO, said: “Our growth into the Atlanta region in 2018 made Josh and the team at Elite have done a great job serving their clients, and Five Star is excited for

  • Nestlé develops high-yielding Arabica to bolster coffee supply chain amid climate risks

    Nestlé has developed a new high-yielding Arabica coffee variety called Star 4 in an effort to strengthen Selected in Brazil for its resilience, Star 4 also possesses the characteristic taste of Brazilian coffee Field trials have shown that Star 4's yields are substantially higher than the two most commonly used The development of Star 4 aligns with Nestlé's Agriculture Framework, which promotes sustainable farming In addition to Star 4, Nestlé has previously developed two Robusta varieties, Roubi 1 and 2, which are

  • Coca-Cola revenue up 6% thanks to strong soft drinks performance

    The Coca-Cola Company recorded net revenue 6% higher in the second quarter than the same period 12 months In the three months to 28 June, net revenue was $10 billion, while operating income was up 8% to $2.99 In North America, the firm’s largest unit by sales, net revenue for the quarter was up 3% and operating Coca-Cola’s  Global Ventures unit, which was set up at the end of last year, maintained its strong growth Last month, Coca-Cola announced that its Honest, Glacéau Smartwater and Chaudfontaine brands will all

  • Five Star Food Service acquires Rawls Distributing

    Five Star Food Service, a franchise of Compass Group company Canteen, has acquired vending machine supplier The acquisition expands Five Star's territory along Georgia's Atlantic coast. Five Star’s president and CEO, Richard Kennedy, said: “We are grateful to be establishing ourselves in Last year, Five Star bought Alabama-based vending operator Gulf Coast Canteen for an undisclosed sum.

  • MOTH to release RTD canned classic cocktails in UK

    New canned cocktail brand, Mix of Total Happiness (MOTH), has announced the launch of a range of ready-to-drink Co-founder of MOTH, Rob Wallis, said: “We launched MOTH because we wanted to make bar-quality cocktails

  • LT Foods subsidiary acquires stake in Golden Star Trading

    LT Foods' subsidiary, LT Foods Americas, has acquired a 51% stake in rice company Golden Star Trading The acquisition includes the Golden Star brand, which produces speciality rice such as jasmine, calrose Ashwani Kumar Arora, managing director and CEO of LT Foods, said: "The acquisition of the Golden Star We are all impressed by Golden Star's brand growth trajectory and the execution, and operational excellence

  • Mondelēz net revenue up 0.2% despite struggle in Latin America

    Earlier this month, the company revealed plans  to move its global headquarters from the Chicago suburb

  • Unilever and Co-op launch smart ice cream vending machine in UK

    UK retailer Co-op has partnered with Unilever to launch a new smart ice cream vending machine in its "With warmer, summer months now just around the corner, we are delighted to team up with Unilever to bring this smart vending machine to our store for shoppers to pop in for ices. Over the coming months, we aim to have more than 20 of the machines in selected stores or at outdoor "Collaborating on this project started with the goal of making ice cream more accessible for shoppers

  • Walmart and HomeValet pilot smart coolers for grocery deliveries

    Walmart has announced that it will be testing out grocery deliveries using a HomeValet’s smart box to receive deliveries from their local Walmart directly in a temperature-controlled HomeValet-powered smart Powered by an internet of things (IoT) platform, HomeValet’s smart box has three temperature-controlled When it is time for a delivery to be made, the smart box also communicates with the delivery provider ’s device, giving them secure access to the smart box to complete the delivery.

  • Smart oven and ready-to-cook meal firm Tovala secures $30m in funding

    Chicago-based food start-up Tovala has closed a $30 million Series C funding round to fuel the growth of its smart oven and self-cook meal service. It marks Tovala’s second fundraise in six months, bringing its total to over $50 million. Throughout the year, the start-up increased its employees by 40%, launched more than 400 new meals in and we appreciate the partnership of Left Lane Capital to help our business reach more people in the months

  • M&M's and Snickers producer Mars confirms $35.9bn Kellanova acquisition

    consumer brands, combining Mars's chocolate products with Kellanova's snack offerings, which include Pop-Tarts

  • Ritter Sport expands US retail footprint with new fall chocolate formats

    Beginning this month, Ritter Sport’s 7.7-ounce DUOs bars will roll out to 900 Target stores nationwide Minis features three varieties, Caramel Pretzel, Caramel Popcorn and Double Caramel Crunch, in a stand-up The Salted Caramel and Mixed Caramel Minis Fall Stand-Up Bags, along with the Caramel Choco Cubes Fall Stand-Up Bags, will be sold through retailers including Publix, CVS, Kroger, The Fresh Market, Raley ’s, Hy-Vee and Woodman’s, with prices starting at $6.89.

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