CapVest Partners entered an agreement with Sofina Foods of Canada for the sale of Eight Fifty, a producer of seafood and pork in Ireland and the United Kingdom.
The private brand producer of shelf-stable juices saw annual sales jump 18% in 2020, while sales in Q4 were up more than 19%. The company also promoted Vincent Timpano to its executive team.
Stefanie De Roover has been promoted to sales director for the Europe, Middle East and Africa regions. The functional ingredient producer serves more than 80 countries.
Sensient Natural Ingredients, a supplier of dehydrated vegetable products and natural food ingredients, has added a chili pepper plant in New Mexico specializing in Hatch green chile.
The products for private brand development come from a joint venture between Russet House, a private brand leader in Canada, and Cardinal Foods in the U.S.
Marc Rey joins the beauty brand incubator with more than 30 years of experience in the industry, including with brand innovations, mergers and acquisitions, and digitalization.
