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Peacock Engineering Company announced that it has entered into an agreement to acquire L&L Foods, based in Anaheim, CA.

Frutarom Industries Ltd. ("Frutarom"), one of the world's 10 largest companies in the field of flavors and specialty fine ingredients, announced today the acquisition of the business operations and assets of Scandia Citrus LLC. of Florida, USA ("Scandia"), which specializes in the research and development, manufacture, and sales and marketing of specialty solutions in the field of citrus for leading global customers in the flavor, food and beverages markets, for approximately US$ 6 million. Scandia's sales in 2014 totaled approximately US$ 8 million. The transaction was completed upon the signing of the agreement and financed through bank debt.

Consumers trying to maintain or improve their health are increasingly seeking specialty food and non-food alternatives. Whether they are organic, gluten-free, dye-free or lactose-free, these products can be costly, but a new survey of special needs store brands items shows significant savings for consumers.

As of the closing, the Permira funds combined Medora and Ideal under a holding company called BFY Holdings I, LLC (“BFY Holdings”).

Monogram Foods, a manufacturer and marketer of beef jerky, corn dogs, pre-cooked bacon and other value-added meat products, announces today the completion of its acquisition of Golden County Foods in Plover, WI. Golden County Foods is a frozen appetizer business with approximately $100 million annual sales, 550 employees, and two production facilities.