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Home » Topics » Breaking News

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Food Industry News

Firmenich to Acquire Natural Flavors

Natural Flavors offers an extensive range of organic certified and natural flavor solutions to meet the needs of food and beverage customers
December 21, 2017
Natural Flavors is recognized as a pioneer in organic flavoring, including having developed and commercialized the first organic certified flavors in North America during the late 1990s.
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Food Industry News

Flavor Producers Recapitalize

Investment made to drive growth and expansion
December 21, 2017
Founded in 1981 and headquartered in Valencia, FPI is a provider of flavors and extracts to the food & beverage industries, with a focus on organic and natural products.
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Atlantic Natural Foods Opens North Carolina Facility

Dignitaries from across the state convene in Nashville, NC to celebrate growth and innovation in plant-based protein
December 20, 2017
Atlantic Natural Foods, LLC (ANF) officially commissioned its principal plant in Nashville, NC, following consolidation of four separate operations. Nashville Mayor Donald Street was on hand for the ribbon-cutting ceremony attended by representatives of Governor Cooper, Congressman Walter Jones Jr., US Senators Thom Tillis and Richard Burr, members of the chamber of commerce, dignitaries from across North Carolina and the members of The Adventist Distributor AFDA who had travelled from across the country to attend.
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Ferrero Completes Acquisition of Ferrara Candy Company

New acquisition expands Ferrero’s footprint in the important US confectionary market
December 19, 2017
Ferrero will operate Ferrara as a separate unit and will maintain Ferrara’s headquarters as well as its existing manufacturing, distribution and engineering/R&D facilities.
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Campbell to Acquire Snyder’s-Lance

The acquisition will enable Campbell to expand its portfolio of leading snacking brands
December 19, 2017
The purchase price represents a premium of approximately 27% to Snyder’s-Lance’s closing stock price on Dec. 13, 2017, the last trading day prior to media reports regarding a potential transaction. The acquisition, which has been approved by the Boards of Directors of both companies, will enable Campbell to expand its portfolio of leading snacking brands.
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Utz Quality Foods Completes Offer for Inventure Foods

Inventure Foods will operate as a wholly-owned subsidiary of Utz, with manufacturing facilities in Goodyear, Arizona and Bluffton, Indiana.
December 18, 2017
Utz intends to cause Purchaser to be merged with and into Inventure Foods as promptly as practicable, with Inventure Foods continuing as the surviving corporation.
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Maple Leaf Foods to Acquire Field Roast Grain Meat Co.

Field Roast pioneered the development of artisanal quality, grain-based meat products and is a brand in the premium segment
December 15, 2017
The company expects to finance the transaction through a combination of cash-on-hand and drawings under the existing credit facility.
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Schwan’s Appoints New Leadership

Jeff Erickson will assume the position of chairman of the board
December 15, 2017
Erickson will be replacing Allan Schuman, who is completing his term as chairman and will continue to serve as a member of Schwan’s board of directors. Schuman was the third chairman in Schwan’s 65-year history and the first who was not a member of the Schwan family. He has served on the company’s board of directors since 2001.
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Noblegen Adds Industry Veteran to Team

Former General Mills executive joins Canadian startup as advisor
December 15, 2017
Kirkwood is a valuable addition to the company’s advisory team. He will support the commercialization of Noblegen’s nutritious ingredients, as well as new product innovation.
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Campbell Completes Acquisition of Pacific Foods

Pacific Foods is a producer of organic broth and soup and also produces shelf-stable plant-based beverages and other meals and sides
December 14, 2017
Pacific Foods is a producer of organic broth and soup and also produces shelf-stable plant-based beverages and other meals and sides. Organic food is an $11 billion category in the US, which grew at a compound annual growth rate of 15.7% over the past four years. Pacific Foods offerings will join Campbell's portfolio of organic foods, which is in the top 10 in the industry.
Read More
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