Latest news with #RichProducts
Yahoo
05-08-2025
- Business
- Yahoo
Rich Products invests in UK cookie dough firm Doughlicious
US food and beverage group Rich Products has invested in Doughlicious as part of a $5m funding round at the UK cookie-dough producer. In a statement, Doughlicious said the investment, led by the US major's in-house VC arm Rich Products Ventures, marks a 'pivotal moment' as it 'accelerates its expansion across the US and international markets'. Doughlicious confirmed to Just Food the funds will be used to set up production in the US. Currently, products are made at the company's facility in London in the UK. The funding round also saw participation from The Angel Group and unnamed existing investors. According to Doughlicious, Rich Products Ventures brings 'deep category expertise and global distribution support' and The Angel Group will offer access to 'strategic counsel and access to influential networks'. Kathryn Bricken, the founder and CEO of Doughlicious, said: 'We are poised to grow faster, innovate smarter, and bring our crave-worthy creations to more consumers around the world." Doughlicious is a business centred on cookie dough, marketing what the UK company says is a better-for-you version of the baked treat. Set up in 2017, the company's product range also takes in 'bites' made from cookie dough and dairy-free gelato. Doughlicious's products are available in the US, the UK, continental Europe and the Middle East. In the US, the company has secured distribution in multiple retailers, including Target, Whole Foods, and Wegmans. Dinsh Guzdar, managing partner of Rich Products Ventures, added: 'We are excited to help Doughlicious expand its footprint throughout the US and shake up the freezer section with a new concept in permissible indulgence.' Rich Products operates in categories such as pizzas, icing and sweet starters, drinks, desserts and bakery products. Through the VC arm, the privately owned business has invested in companies including China-based alternative-chicken manufacturer Haofood and US cell-based seafood business BlueNalu. Speaking to Just Food in October, Bricken said: 'The US will be our first priority, along with the UK. The UK will always be our mothership. We do sell into other regions. We love sharing our dough and it's really important for us to again be present everywhere but we also have to prioritise, so the UK and the US are our main markets. "We also sell into Switzerland and the Netherlands. We sell foodservice in France. We are in Saudi Arabia. Those will be markets that will have a broker, they will maintain the relationships and we will just ship the product there." "Rich Products invests in UK cookie dough firm Doughlicious" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
Rich Products Sweetens IDDBA 2025 with New Baileys Partnership
Global food company to feature new product innovations, real-time AI experience, daily live demos and more at bakery's biggest trade show BUFFALO, N.Y., May 29, 2025 /PRNewswire/ -- Global, family-owned food company Rich Products (Rich's) is debuting a new partnership with Bailey's® at the 2025 International Dairy Deli Bakery Association (IDDBA) conference (booth #2425), taking place on June 1-3 in New Orleans, LA. Featuring a line-up of unique dessert solutions made with the flavor of Baileys® Irish Cream, Rich's will give IDDBA attendees a first look at the new portfolio, while also featuring live product demonstrations, an interactive Artificial Intelligence (AI) recipe experience, unique industry insights, cutting-edge digital tools and labor-saving solutions for bakeries. "This year marks a special IDDBA appearance for Rich's, as we're celebrating our 80th anniversary as a family-owned food company," said Alvino Battistoni, senior vice president, In-Store Bakery & Deli Division, Rich Products. "Innovation has always been at the heart of who we are – dating all the way back to 1945 when our founder invented the world's first non-dairy whipped topping. We're excited to showcase some of our newest innovations at IDDBA this year – from new products and solutions to the unique ways we're leaning into digital technology - all to help bakeries stay ahead, deliver on the latest consumer trends and drive growth in today's rapidly evolving marketplace." Bringing Bailey's ® to the Bakery Aisle Rich's is teaming up with Baileys® to shake things up and put a fresh twist on the classic Irish Cream flavor, with a lineup of cool, on-trend products that pack all the flavor, but none of the alcohol, including: Baileys Irish Cream Ice Cream Cake: Chocolatey, creamy, and coffee-kissed—this alcohol-free ice cream cake swirls indulgent chocolate into every bite and tops it all off with smooth coffee icing and chocolate shavings. Baileys Irish Cream Cheesecake (6" & 3.25 oz slice): Creamy, dreamy, and just for grown-ups—this non-alcoholic Baileys® Irish Cream–flavored cheesecake combines New York–style richness with a chocolatey crust and drizzle for the ultimate treat. Baileys Baked Cookie (6-pack) and Cookie Dough (2.5 oz): A delicious fusion of rich chocolate and the unmistakable taste of Baileys® Irish Cream, this soft, chewy cookie offers a perfectly indulgent experience in every bite. Baileys Irish Cream Tres Leches Soak: Authentically crafted in Mexico, Tres Leches Soak infused with the smooth, indulgent flavor of non-alcoholic Baileys® Irish Cream, brings traditional Hispanic desserts to life—helping you create irresistible cakes, parfaits, and more with less effort and more authenticity. Baileys Irish Cream Bettercreme® (9" pail): Rich's famous Bettercreme®—now infused with non-alcoholic Baileys® Irish Cream—offers a deliciously indulgent twist that's perfect for elevating donuts, cakes, parfaits, cookies, and more. Blending Innovation and Imagination At Rich's booth, visitors can also test a new AI-driven experience that creates a custom three-piece recipe based on the user's unique preferences. After responding to a series of prompts, AI will reveal the user's custom creation, featuring a unique name and ingredient list. Rich's Bakery Tech team will then prepare the recipe live, demonstrating both creativity and efficiency in real time. Live Demonstrations Led by Rich's team of talented bakery technicians and experts, the company will host a series of live, interactive product demonstrations and engaging presentations throughout the show, featuring trending flavors, labor-saving formats, and local inspiration, including: Sunday, June 1 Filled Donuts | 11:30 a.m. – 12:30 p.m. Asian-Inspired Desserts | 2:30 p.m. – 3:30 p.m. Monday, June 2 Signature Ready / Labor Savings | 11:30 a.m. – 12:30 p.m. New Orleans Twist | 2:30 p.m. – 3:30 p.m. Tuesday, June 3 Signature Ready / Labor Savings | 11:00 a.m. – 12:00 p.m. To learn more about Rich's full spectrum of bakery offerings, visit Rich's In-Store Bakery Solutions. For a full suite of in-store bakery training, courses and education, visit Rich's Bakery Academy. MEET RICH'SRich's, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods among others. Working in 100 locations globally, with annual sales exceeding $5.6 billion, Rich's is a global leader with a focus on everything that families Possibilities. One Family. Learn more at or join the conversation on Facebook, Instagram, LinkedIn and Twitter. About Diageo North America:Diageo is a global leader in beverage alcohol whose portfolio of brands includes Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray and Guinness. Listed on both the New York and London Stock Exchanges, Diageo's products are sold in over 180 countries. View original content to download multimedia: SOURCE Rich Products Corporation
Associated Press
17-03-2025
- Business
- Associated Press
Rich Products Expands its Authentically Italian Portfolio with New Roman-Style Pizza Dough Ball
Rich's to showcase new innovation and full lineup of authentic crusts at the 2025 International Pizza Expo BUFFALO, N.Y., March 17, 2025 /PRNewswire/ -- Global, family-owned food company Rich Products (Rich's) is expanding its portfolio of industry-leading pizza doughs, crusts and flatbreads with a new Roman-Style Pizza Dough Ball. This innovation is the latest addition to Rich's 'Authentically Italian' portfolio, which features a variety of distinct pizza products, all with roots tied to Italy. Rich's will offer a live look - and taste - of its expanded Authentically Italian lineup at the 2025 International Pizza Expo (booth #1383), taking place on March 25-27 in Las Vegas, NV. 'This year, Rich's is celebrating its 80th anniversary. While we're well known for our history in non-dairy whipped toppings, not everyone realizes that we have more than 45 years of pizza expertise,' said Donna Reeves-Collins, senior vice president, Pizza & Flatbread Category, Rich Products. 'Our focus is to bring authentic and innovative products to market that amaze consumers and help operators with execution. That's why we're consistently investing in new capabilities and technology to enable us to bring the best doughs, crusts and pizzas to market. Our new Roman-Style Dough Ball is a great example – it's easy for operators to execute at the store level, offers menu innovation without back-of-house complexity and delivers on the latest consumer trend toward authentic, clean-label products. Not to mention, it's utterly delicious.' Meet the Newest Addition to Authentically Italian Uniquely formulated to create an authentic Roman Style pizza, Rich's Roman-Style Dough Ball is made with 00 'double zero' style flour that is milled according to traditional Italian standards. It is designed to the exact specifications of Rome's pizza masters, but comes ready to thaw, proof and stretch, making it easy for operators to add to their menu without requiring additional labor. The Roman-Style Dough ball expands Rich's 'Authentically Italian' portfolio, which was first introduced at the 2024 International Pizza Expo, and features five products that are crafted in Italian tradition, including Rich's Pinsa. Rich's Pinsa is made through a unique dough fermentation process, hand-stretched, and made with authentic regional ingredients imported from Italy. It boasts an irresistible aroma and a unique crust that is crispy on the outside and soft on the inside. A Dough (and crust) for Every Dish According to Technomic's Pizza Report, 51% of operators believe that dough/crust is the most important element required to make a high-quality pizza. That's why Rich's focuses on delivering a wide range of authentic doughs and crusts. In addition to its Authentically Italian portfolio, Rich's will showcase a selection of doughs and crusts at the show, including: Traditional Dough Ball: Formulated to create American style pizzas made with premium quality wheat bread flour. Artisan Dough Ball: Formulated to create an elevated, Italian-inspired 13'' to 15'' pizza made with premium quality wheat bread flour. '00' Double Zero Style Flour Dough Ball: Made with finely-ground Double Zero '00' style flour, just as they do in Italy, Rich's Dough Balls are higher in moisture than traditional dough balls, making them easier for Operators to use for Neapolitan-style pizzas. Detroit Style Pizza: The Detroit-style pizza legacy, now a national favorite, began in 1946 at Buddy's Rendezvous on Detroit's east side when Gus Guerra made his first rectangle-shaped pizza. Today, Gus' grandson, Jack Guerra, Jr., serves as the plant manager at Rich's manufacturing facility in Dearborn Heights, Michigan, where he and his father developed Rich's Gluten-Free (GF) Detroit-Style Pizza Crust that was launched in 2023. Rich's has expanded their offering to now include a Traditional Wheat-based Detroit style pizza. Pull Apart Flatbread: Rich's Pull Aparts give operators the perfect platform to create unique menu items that compliment any pizza. Rich's diverse pizza portfolio is designed to empower operators to expand their menus, captivate consumers, and stay ahead of the latest pizza trends. Featuring a full range of doughs and parbaked crusts—along with plant-based, gluten-free, and fully topped, retail-ready pizzas—Rich's is the ultimate one-stop shop for all things pizza. To learn more about Rich's full spectrum of pizza and flatbread products, visit MEET RICH'S Rich's, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods among others. Working in 100 locations globally, with annual sales exceeding $5.8 billion, Rich's is a global leader with a focus on everything that families Rich's®—Infinite Possibilities. One Family.
Yahoo
07-03-2025
- Business
- Yahoo
Rich Products Elects Chancellor of the Culinary Institute of America to Join Board of Directors
BUFFALO, N.Y., March 6, 2025 /PRNewswire/ -- Global, family-owned food company Rich Products (Rich's) today announced the addition of Dr. Tim Ryan, past president and current Chancellor of the Culinary Institute of America (CIA), to Rich's Board of Directors. Rich's election of Dr. Ryan to the board of directors comes as the organization embarks on its 80th year. "We are excited to welcome Dr. Ryan to Rich's," said Mindy Rich, chairman, Rich Products. "A well-known leader throughout the food world, he brings extensive industry experience, an innovative mindset and forward-thinking vision to Rich's. This combination will be invaluable as we work toward achieving our own bold vision and aggressive growth aspirations." Serving as president since 2001, Dr. Ryan was the longest serving president of the CIA – the world's premier culinary college. In his more than 42 years at the school, he is the first alumnus and faculty member to rise through the ranks to become president. Under his guidance, the institution emerged as a leader in addressing critical food issues, including health and wellness, global cuisines and cultures, food ethics, and sustainability. Throughout Dr. Ryan's leadership, the CIA has pioneered groundbreaking professional programs that have redefined the future of culinary education. He expanded the college's degree offerings by establishing the School of Graduate Studies, introducing a series of master's degrees, including Food Business, Wine & Beverage Management, and Sustainable Food Systems. Most notably, he launched the first-of-its-kind master's in culinary arts degree, further solidifying the CIA's reputation as a leader in culinary innovation. "Joining Rich's Board of Directors is both an honor and a privilege, and I am thrilled to work alongside such a distinguished group of leaders," said Dr. Tim Ryan, Chancellor of the CIA. "Rich's has always set a high bar when it comes to innovation and excellence. I'm excited to contribute my experience and passion to a company that continues to think big and push boundaries." MEET RICH'S Rich's, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods among others. Working in 100 locations globally, with annual sales exceeding $5.8 billion, Rich's is a global leader with a focus on everything that families Rich's®—Infinite Possibilities. One Family. Learn more at or join the conversation on Facebook, Instagram, LinkedIn and Twitter. View original content to download multimedia: SOURCE Rich Products Corporation Sign in to access your portfolio
