Salty snacks company Benestar Brands, which operates across the U.S. and Mexico, has acquired premium pork rinds producer 4505 Meats. Insiders estimate the deal size is between $50 million to $100 million. 4505 Meats was founded in 2009 by San Francisco-based butcher and chef Ryan Farr as a way to utilize discarded chicharrones, and its
Food & Drink
Wall Street has finally gotten the memo that healthier products equal healthier financials This month Unilever suffered a setback in its effort to transform itself into a more health-oriented company: its deal to buy GlaxoSmithKline’s Plc’s consumer health arm fell through after Unilever couldn’t meet the asking price. The pullout cost Unilever’s giant consumer product
Hey all you skeptics out there. British supermarket chain, Waitrose recently released its 2022 Food and Drink report in which it predicts that potato milk will be the biggest dairy alternative milk trend of 2022. Yes. Potatoes. “We’ve seen the popularity of soy, almond, oat, and pea milk in recent years,” said Waitrose. “Now it’s
As Dry January comes to a close, many of us are swapping back to our standard drinks. But that doesn’t mean the non-alcoholic category is going anywhere. According to the IWSR, the no- and low-alcohol category has reached almost $10 billion in value across key global markets. The research firm forecasts that no- and low-alcohol
In the English-speaking Caribbean, one of the sub-regions of the world with the highest prevalence of non-communicable diseases (NCDs), public health organizations are locked in a tug-of-war with the food industry over proposed food-related legislation targeted at addressing the over-consumption of NCD-causing foods. In summary: Diet-driven NCDs cause up to 83% of all deaths in
Get ready for a wheat market rebound. If U.S. president Joe Biden is correct about a pending war between Russia and Ukraine then expect prices for the grain to jump back to at least the price seen last November of $8.57 a bushel. That’s around 9% higher than recent levels of $7.89. Wheat is used
This weekend we’re playing with the idea of tasting the component grapes of wines from the Côtes du Rhône, with the twist of tasting them one by one rather than blended together as usual. This experiment isn’t scientific or perfectly constructed, in that it’s unusual to find a wine made from, say, one hundred percent
This is not how you’re supposed to enjoy Rhône style wines. One grape variety at a time, that is, which is what I’m suggesting today as a way to “play” with wine and maybe boost your experience and exposure to less-familiar grapes at the same time. The game here is to parse out some of
Many businesses have suffered very much under covid. Not so, at least not so much, the US wine industry, according to the recently published State of the US Wine Industry 2022 report (which is, to a large extent, a look back on 2021). This is the twenty-first year that this fascinating report is published by
“Pour me a glass of wine, and tell me why you care about it.” If there was a “wine tagline” for any of these restaurants described below, that could be it. Lazy Betty, Lucian and Banshee are three restaurants currently helping to define the wine landscape of Atlanta, and they are very much weighting the
How do you get through a week that feels like a never-ending slog? I’ve been making to-do lists for my to-do lists over here, but I want to hear your tips. I had some fun with the weird feature below. A duck breeder that spun off a Covid-19 vaccine developer? Yup, that’s right. Reporting on
Topline Though U.S. economic growth hit its fastest growth rate in nearly 40 years on Thursday, roughly half of Americans surveyed in a recent Gallup poll said that rising prices have caused them financial hardship, while a record number also predicted that inflation would only get worse. Key Facts The U.S. economy grew 6.9% in
Topline Climate change will make the planet “drastically” less suitable for growing coffee by 2050, though some areas—including the U.S.—are expected to become more suitable as minimum winter temperatures rise, according to a study published Wednesday by PLOS One. Key Facts Areas highly suitable for coffee growing are expected to shrink by 54% to 60%,
The January forecast for the U.S. citrus harvest is dealing another blow to Florida orange growers. The 2021/22 season, which runs from fall into the summer, is expected to yield fewer than 45 million 90-pound boxes in the state. This would for the first time make the season’s crop smaller than that of California, which
Frasers Logistics & Commercial Trust (FLCT)—controlled by Thai billionaire Charoen Sirivadhanabhakdi’s Frasers Property—agreed to sell an office tower in the Singapore central business district for S$810.8 million ($603 million) as the company pivots towards warehouse assets amid an e-commerce boom. The 15-story office block, called Cross Street Exchange, on the edge of the Raffles Place business
Alternative protein-focused VC Unovis Asset Management has closed an oversubscribed €146 million second fund, approximately $166 million, with commitments from institutions, impact funds and investors globally, including Invest-NL, Unigestion, Credit Suisse, Fuji Oil, and Griffith Foods. Having recently onboarded the cofounder of General Mills’ venture arm 301 Inc., Pete Speranza, as an operating partner, Unovis
This time of year I love to roast vegetables. If I am not making Brussels Sprouts and Bacon, I am making deeply caramelized broccoli and cauliflower. There’s nothing like roasted broccoli and cauliflower where the tips of the florets are crispy and crunchy and full of flavor. They are so addicting when they’re fresh and hot
Di Fara Pizza was opened in 1965 by Domenico DeMarco, an Italian immigrant and known workaholic who’s barely taken a day off in over 50 years. With fans like Leonardo DiCaprio and the late Anthony Bourdain, Di Fara’s $5 slice and infamously long wait times are worth it. Producer Spencer Alben visits the shop, now
The past two years have transformed the global dining scene, and the situation in Rome is no different. While some addresses have sadly closed, it is worth celebrating the courageous entrepreneurs who have withstood many challenges to launch new openings during the pandemic. I’ve enlisted Rome’s leading food writers to highlight new eateries that add
In the past 30 years, intrepid winemakers have put Mount Etna on the map. Europe’s most active volcano is now home to 180 wineries whose whose mineral-rich wines tantalize and delight. And just a short drive from the Catania airport, Taormina and the coast, this Sicilian hotspot is the perfect escape for a long weekend.
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