Sysco announced it has reduced its outstanding debt by a total of $1.1 billion. The company repaid the remaining $700 million in outstanding borrowings under its long-term revolving credit facility that expires on June 28, 2024. In addition, Sysco’s United Kingdom-based subsidiary, Brake Bros Limited, repaid £300 million of its £600 million in aggregate principal amount of notes outstanding under its commercial paper program, equating to approximately $417 million in debt reduction.
Kraft Heinz has launched the COLLIDERS brand, a new line of refrigerated desserts featuring some of the most popular candy brands, like Reese’s and Kit Kat, in a new spoonable style. COLLIDERS desserts come in three indulgent formats and 12 total varieties.
Breyers' summer seasonal Coconut Fudge Breeze combines a sweet coconut frozen base with a rich fudge swirl and flakes of real shredded coconut mixed throughout.
(Editor's Note: This bereavement notice was written by the team at Califia Farms on March 15, 2021.)
It is with a heavy heart we share the news of the passing of our company’s founder, Greg Steltenpohl. He built the Califia Farms brand from the ground up with a passion for nourishing people and the planet. Greg touched so many lives on his plant-fueled journey to make the world a healthier place. He will be profoundly missed. We tip our hats to our visionary founder.
Horizon Organic has expanded its Growing Years line with the introduction of lowfat yogurt pouches, cultured dairy smoothies, reduced-fat milk half gallons, and single-serve whole milk boxes, available at grocery retailers nationwide.
Zouz has launched a new line of ready-made, plant-based frozen foods featuring Beyond Meat. Zouz reimagines traditionally meat-based international dishes with flavorful plant-based versions. Zouz has formulated an exciting menu of Latin, Middle Eastern, Asian, and Italian-influenced plant-based frozen foods.
LikeMeat has launched four Like Chick'n products: Like BBQ Chick'n, Like Chick'n Pieces, Like Grilled Chick'n and Like Chick'n Nuggets in the refrigerated section at Sprouts Farmers Market.
HP Hood has hired Robbie Lock as its new Sustainability Manager. This announcement comes as the company celebrates its 175th year with continued innovation, growth, and a renewed commitment to sustainability.