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Food Industry News

CSM Bakery Solutions to Relocate to Georgia

Company with origins in the Netherlands, will relocate its global headquarters to Fulton County, Georgia
August 17, 2015
Gov. Nathan Deal announced that CSM Bakery Solutions, a company with origins in the Netherlands, will relocate its global headquarters to Fulton County, creating 120 jobs and investing more than $5.5 million into Sandy Springs.
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Food Industry News

Flavor Fusion to Boost Confectionery Market

Technavio notes that growing popularity in flavor combinations will bolster U.S. market through 2019
August 17, 2015
Technavio has published a new report on the confectionery market in the US, which is expected to grow at a CAGR of almost 2% from 2015-2019.
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Food Industry News

Boulder Brands to Explore Strategic Alternatives

New alternatives are set to enhance shareholder value
August 14, 2015
Boulder Brands, Inc. announced that its Board of Directors has authorized a process to explore a range of strategic and financial alternatives to enhance shareholder value.
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Consumer's Sugar Preferences Influence Pepsi

A Packaged Facts study found that people are more motivated to switch to natural sweeteners
August 14, 2015
Diet Pepsi, without aspartame, will hit U.S. shelves this week. MarketResearch.com offers users access to Packaged Facts' report, Sugar, Sugar Substitute, and Sweetener Trends in the U.S., 4th Edition. The report examines how consumers' awareness of possible ill effects of sugar affects their consumption habits.
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Food Industry News

Flowers Foods to Acquire Dave’s Killer Bread

Move recognizes growth in the organic bread category
August 13, 2015
Dave’s Killer Bread announced it has reached an agreement to be acquired by Flowers Foods, the nation’s second largest baking company. Pending regulatory approval and customary closing conditions, the transaction is expected to be completed early this fall.
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KonaRed Hires Former POM Wonderful Executive

New president and CEO brings industry specific sales and managerial experience
August 13, 2015
KonaRed Corporation, a food and beverage company based on the exclusive and highly functional Hawaiian CoffeeBerry® coffee fruit from Kona, Hawaii, announced that it has hired Kyle Redfield as President and Chief Operating Officer. Redfield brings an extensive experience in growing revenue and profitability across the food, beverage, healthy snacks and dietary supplement industry.
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WhiteWave Foods Buys Wallaby Yogurt Company

Deal is reportedly worth $125 million, and is the second major WhiteWave purchase in the past two months
August 10, 2015
WhiteWave Foods Co. said it's buying Wallaby Yogurt Company Inc. for about $125 million. Wallaby was founded in 1994 and is based in American Canyon, California. It makes and distributes organic dairy yogurt products.
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Palm Oil Market To Reach $88 Billion By 2022

Growing environmental concerns have prompted bio-fuel demand across the globe
August 4, 2015
Global Palm Oil Market is expected to reach $88 billion by 2022, according to a new study by Grand View Research, Inc. Growing environmental concerns have prompted bio-fuel demand across the globe which is expected to remain a key driving factor for global palm oil market.
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Food Industry News

Mars Chocolate Grows U.S. Footprint

New $100 million investment in Topeka, Kansas facility to create 70 Jobs
August 3, 2015
Mars Chocolate North America announced that it will invest an additional $100 million in its Topeka, Kansas site, breaking ground on a new state-of-the-art 90,000-square-foot facility in America’s heartland. As part of this expansion, the company will create a total of 70 new full-time, permanent, high-wage manufacturing jobs.
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Cargill Completes Acquisition of ADM's Global Chocolate Business

Move deepens service offerings for customers
August 3, 2015
Cargill has now completed the acquisition of ADM's global chocolate business for an enterprise value of $440m. The acquisition underlines Cargill's commitment to meeting customer needs and constitutes a milestone for its chocolate growth strategy, strengthening its position as a leading player in the cocoa and chocolate industry.
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