Articles Tagged with ''food industry news''

The Board of Directors of the Specialty Food Association announced that it has named Phillip M. Kafarakis as President of the not-for-profit trade association.

TerraVia Holdings, Inc., a next generation food, nutrition and specialty ingredients company and pioneer in algae innovation, announced that Apu Mody, former President of Mars Food America, has been appointed CEO and a member of the Board of Directors, effective on or about August 22.

The facility is scheduled to open in the second quarter of 2017

Cott Corporation announced its results for the second quarter ended July 2, 2016, and also announced that it has entered into a definitive stock purchase agreement to acquire S&D Coffee, Inc. ("S&D"), a premium coffee roaster and provider of customized coffee, tea, and extract solutions to the foodservice, convenience, gas, hospitality and office segments in the United States. The purchase price is approximately $355 million, on a debt and cash free basis, and represents a high 6X post synergy adjusted EBITDA multiple.

During the anniversary breakfast, the Puratos team accepted the award from Carmine Piantedosi (Owner, 4th generation) and Kumar Ponnamalam (Manager of Production), in front of guests and other vendors.

In this role she will be responsible for developing and managing new and existing customer business relations.

The global producer, marketer and provider of technology-driven natural ingredients, ingredient systems and integrated solutions for the food and beverage industry has acquired Teawolf, a manufacturer of botanical extracts and natural ingredients in the USA.

The addition brings two Wisconsin staples together, Patrick Cudahy and the Green Bay Packers.

Mars a businessman, who together with his brother John and sister Jacqueline, inherited a significant business and grew it into one of the world’s largest and most respected family firms.

McDonald's USA announced a number of moves across its menu as the company continues to evolve.