Ultra Tech

NESTLÉ FILES PATENT FOR DAIRY-FREE BABY FORMULA

Multinational food brand Nestlé recently filed a patent with the World Intellectual Property Organization for a new, dairy-free infant formula. The casein- and whey-free patent-pending formula is made from potato proteins, carbohydrates, and fats that Nestlé said provides adequate nutrition for children under the age of 12 months. “There is a significant need for nutritional compositions for infants that comprise less potential allergens, and preferable which require minimal processing, have good taste, and have low cost,” the company’s patent states. “In particular, there is a need for infant formulas that are suitable for administration to an infant with cow’s milk protein allergy.” During its investor summit in London last year, Nestlé executive Patrice Bula revealed to shareholders the company’s intention to develop in the plant-based space—which it did by adding four coconut milk-based creamers to its Coffee-Mate Natural Bliss line.

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E&J Gallo buying Locations wine brand from Napa Valley vintner Dave Phinney-led group

The nation's largest vintner, E. & J. Gallo Winery, on Wednesday said it purchased the Locations, a multinational imported wine brand created by Napa Valley winemaker and distiller Dave Phinney, whose past hit wine innovations include Orin Swift and The Prisoner brands.Gallo bought Orin Swift Cellars from Phinney in 2016. This time it's a purchase from Shooting Gallery Wines, LLC, made of Phinney and importer Aveníu Brands, a wholly owned subsidiary of Barcelona-based Codorníu Raventós Group. Phinney will continue to be the winemaker for Locations.Beside the purchase of brand inventory, other terms of the deal weren't disclosed. It's set to close June 29.