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Home » Topics » Breaking News

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Amplify Snack Brands Strengthens Leadership

Executive moves to further support growth initiatives
January 17, 2017
Amplify Snack Brands, Inc., a marketer and manufacturer of branded better-for-you snack food products, announced it has strengthened the company’s executive leadership team by appointing Mike DeGrace as Senior Vice President of Sales North America.
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Food Industry News

CP Foods Completes Acquisition of Bellisio

Move marks first acquisition in the US for the Thai integrated foods business
January 13, 2017
Bellisio manufactures and distributes single-serve frozen entrees under the Michelina’s, Atkins, Boston Market, Chili’s, EatingWell, and Eat! brands.
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Food Industry News

AB Mauri to Acquire Specialty Blending Business

The transaction is expected to close in the first quarter of 2017
January 12, 2017
The company’s current product portfolio includes specialty bread, cake, doughnut, muffin, brownie and cookie mixes as well as blends and mixes for crackers and biscuits.
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Food Industry News

J & J Snack Foods Acquires Hill & Valley Stock

Hill & Valley manufactures a variety of pre-baked cakes, cookies, pies, muffins and other desserts to retail in-store bakeries
January 12, 2017
Hill & Valley is a brand of Sugar Free and No Sugar Added pre-baked in-store bakery items
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Palsgaard to Expand Business Activities in Brazil

Since 2008 Candon has successfully been supplying a range of special ingredients and premixes
January 11, 2017
Palsgaard announced that it has acquired the majority of the shares of Brazilian food ingredients company Candon Aditivos para Alimentos in December 2016.
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Salt of the Earth Names Business Unit Director

David Hart will report to the CEO and be responsible for global business of Mediterranean Umami
January 11, 2017
Salt of the Earth, Ltd., appointed David Hart as Business Unit Director. He will report to the CEO and be responsible for global business of Mediterranean Umami, an all-natural sodium reduction solution.
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The Hershey Company Names New President, CEO

Michele Buck, Hershey’s current EVP and COO to succeed John. P. Bilbrey, who will remain on Board of Directors as Non-Executive Chairman
January 10, 2017
Since joining the company in 2005, Buck has spearheaded the development and execution of many successful growth initiatives and strategic shifts at the company.
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Food Industry News

TerraVia Suspends Supply to Soylent

TerraVia’s whole algal flour is classified as Generally Recognized as Safe (GRAS) in compliance with FDA regulations
January 9, 2017
TerraVia has tried to work collaboratively with Soylent to investigate the cause of GI issues experienced by customers
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Food Industry News

Everstone Group Gains Stake in OmniActive Health Technologies

The $35 million deal should strengthen OmniActive’s presence in global nutraceutical space
January 3, 2017
The Everstone Group has invested $35 million in Mumbai-based OmniActive Health Technologies Ltd. (OmniActive) to further accelerate its growth in the fast-expanding nutraceuticals space. The deal is Everstone’s third in the healthcare and wellness sector in less than a year.
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Food Industry News

OSI Group acquires Flagship Europe

Flagship Europe supplies frozen poultry, sous vide products and pies
December 28, 2016
Flagship Europe also extended its presence in the food-to-go sector following the acquisition of Calder Foods, a UK-based supplier of sandwich fillings, marinades, sauces, mayonnaise and dips.
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