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Home » Topics » Breaking News

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Heinz And Kraft Foods Sign Definitive Merger Agreement

Merger will create the third largest food and beverage company in North America and the fifth largest food and beverage company in the world
March 25, 2015
H.J. Heinz Company and Kraft Foods Group, Inc. announced that they have entered into a definitive merger agreement to create The Kraft Heinz Company, forming the third largest food and beverage company in North America with an unparalleled portfolio of iconic brands.
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Highlander Partners Acquires Lemon-X

Deal includes strategic combination with Juice Tyme, Inc.
March 23, 2015
Lemon-X's production facilities are located in Huntington Station, New York, which also serves as the corporate headquarters, and in Frostproof, Florida.
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U.S. Bank Invests $7.6M in Snack Food Plant

Move enables Monogram Food Solutions to build 54,000-square-foot addition
March 20, 2015
U.S. Bank has invested more than $7.6 million in tax credit equity to enable Monogram Food Solutions to build a 54,000-square-foot addition to its plant and add 200 jobs to the area with Virginia’s highest unemployment rate
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Heineken Introduces New Strongbow Hard Cider Flavors

Strongbow Gold Apple, Honey & Apple varieties make up new offerings
March 18, 2015
The new ciders will begin appearing at on- and off-premise accounts this month, says Alejandra de Obeso, Strongbow brand director. In turn, the original Strongbow hard cider is expected to be completely phased out at retail before the end of April, she notes.
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Krispy Kreme, Massimo Zanetti Beverage USA Announce Coffee Licensing Agreement

The duo plans to soon launch the products at www.shopmzb.com
March 18, 2015
Krispy Kreme, Winston-Salem, N.C., and Massimo Zanetti Beverage USA, Portsmouth, Va., announced a multi-year licensing agreement for Massimo Zanetti to roast and distribute Krispy Kreme coffee for sale in grocery, mass-merchandise and club stores as well as online at www.amazon.com.
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Lancaster Colony Acquires Flatout Holdings

The acquisition price of approximately $92 million, on a cash-free and debt-free basis, is subject to certain post-closing adjustments
March 17, 2015
The acquisition price of approximately $92 million, on a cash-free and debt-free basis, is subject to certain post-closing adjustments and was funded from cash on hand. Flatout's annual net sales for the twelve months ended December 31, 2014 were approximately $46 million.
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Clif Bar Breaks Ground on Baking Facility

275,000-square-foot plant will help the company meet growing demand for organic energy and nutrition bars
March 16, 2015
Construction on the bakery will begin in April, and the bakery plans to open in spring 2016. When fully operational, the bakery will create more than 200 jobs in the community.
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Suja Juice Announces New Financing, Investors

Suja continues to participate in the fast-growth High Pressure Processing organic juice category
March 13, 2015
Suja Juice Co., a cold-pressured (otherwise known as HPP High Pressure Processing) juice company, announced the close of a financing round in excess of $20 million dollars.
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Snyder's-Lance Introduces New Corporate Logo

New branding emphasizes Snyder's-Lances’ focus on serving consumers' busy lifestyles with quality, premium and differentiated snacks
March 13, 2015
Snyder's-Lance, Inc. introduced a new corporate logo symbolizing the completion of its strategic shift to become a branded snack food company.
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Just Desserts to Open 75,000-Square-Foot Facility

The California location will house the company’s production facility and some administrative offices
March 13, 2015
The City of Fairfield, California’s economic development department announced that Just Desserts, an award-winning bakery, founded in San Francisco in 1974, is opening a 75,000 square-foot manufacturing facility at 5000 Fulton Drive in May 2015.
Read More
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