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Food Industry News

Flowers Foods To Acquire Alpine Valley Bread Company

Alpine Valley serves national retail grocers, specialty healthy living stores, and club retailers
September 21, 2015
Flowers Foods, Inc. announced a definitive agreement to acquire Alpine Valley Bread Company, a family-owned producer of certified organic and all natural breads in the U.S., for $120 million in cash and stock.
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Candy Industry Supports 465,000 Jobs Nationwide

The confectionery industry directly employs 55,000 people in the United States, and more than 400,000 jobs in agriculture, retail, transportation and other industries rely in part on the sale of confections
September 21, 2015
For every job that is created in confectionery another seven are supported in related industries, which means that candy drives a multiplier effect of 1:7 or an impact of 700 percent.
Read More

Harmless Harvest Hires News CEO, COO

Company builds on success by hiring Giannella Alvarez as CEO and Brad Paris as COO
September 18, 2015
Harmless Harvest, manufacturer of critically and commercially acclaimed Harmless Coconut® Water, announced that Giannella Alvarez will be joining the company as the new CEO and that Brad Paris will take on the newly created position of Chief Operating Officer (COO), beginning Sept. 21, 2015.
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Enjoy Life Foods Bolsters Sales, Marketing Teams

New team members include sales veterans Amy Feldman, Jim Davock and Jamie Siegel
September 17, 2015
Enjoy Life Foods announced the expansion of its sales and marketing team with the addition of seasoned sales veterans, Amy Feldman and Jim Davock, as vice presidents of sales, and Jamie Siegel as marketing manager. Effective immediately, the new hires were made to further strengthen the company’s trajectory of rapid expansion across the U.S. and Canada.
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ADM Announces New Flavor Creation, Customer Innovation Facility

State-of-the-art creation, application facility in Cranbury, New Jersey, to enhance capabilities, convenience for customers
September 17, 2015
The 15,700-square-foot site will include lab, office and meeting space—including dedicated lab space for mint and oral care products—and will house a staff of flavorists and applications technologists.
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Food Industry News

Levy Capital Partners Announces Completion of Transactions for Norbest

The remaining equity in the new company will continue to be owned by the 37 turkey growers who previously owned Moroni Feed Company
September 16, 2015
Levy Capital Partners, LLC, a new merchant banking firm specializing in M&A and financings for leading growth companies, announced that it has completed financing and related transactions for its client Norbest, Inc., a grower, processor and marketer of turkeys.
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Food Industry News

GreenSpace Brands Acquires Love Child Organics

Love Child has had consistently strong revenue growth since it started operations in 2013
September 15, 2015
Under the terms of the share purchase agreement, on closing GreenSpace expects to pay the vendors of Love Child $3 million in cash
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Food and Beverage Industry Trends

Gluten-Free Products Market Worth $7.59 Billion by 2020

The global market for gluten-free products was valued at $4.63 billion in 2015
September 15, 2015
The market report defines and segments the Gluten-Free Products Market with analysis and projections of the size of the market both in terms of volume and value.
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McCormick to Expand Organic, Non-GMO Offerings

Company to introduce a Non-GMO labeled vanilla extract, and plans to significantly increase the number of organic and non-GMO offerings in 2016
September 10, 2015
McCormick & Company, Incorporated, announced plans to take a leadership position in Organic and Non-GMO herbs and spices ahead of the peak holiday season.
Read More

Heineken and Lagunitas Partner, Expand Craft Beer Distribution

Heineken to invest in a 50% stake in U.S. craft brewer
September 9, 2015
Heineken provides Lagunitas with a global opportunity to present its beers to new consumers and Lagunitas provides Heineken with the opportunity to build a strong foothold in the dynamic craft brewing category on a global scale.
Read More
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