Condor Snacks and Keystone Pretzel have played a key role in supporting Utz to further generate consumer excitement
August 12, 2016
Utz® Quality Foods, Inc. celebrates the attainment of its integration milestones related to its 2015 purchase of Condor Snack Company of Denver, CO and Keystone Pretzel Bakery of Lititz, PA.
Anker Fog joins AAK as business development and marketing analyst; Jesse Alexander as account manager; and Jennifer Alli as senior account manager
August 10, 2016
AAK, one of the world’s leading manufacturers of high value-adding specialty vegetable fats and oils, announced additional new hires to its AAK USA team. Anker Fog joins AAK as Business Development and Marketing Analyst, Jesse Alexander as Account Manager, and Jennifer Alli as Senior Account Manager.
Major food recalls in 2015 reveal persistent problems with listeria and allergen contaminations
August 10, 2016
Microbiological problems and undeclared allergens caused the major food recalls in 2015, continuing a pattern that has now persisted for well over two years, according to the latest food recall report by SAGE Food Safety Consultants.
Kafarakis brings more than 30 years of food industry experience to the Specialty Food Association, with a background in innovative brand management, membership development, and strategic planning
August 9, 2016
The Board of Directors of the Specialty Food Association announced that it has named Phillip M. Kafarakis as President of the not-for-profit trade association.
Apu Mody, former president of Mars Food America brings 25 Years of expertise to lead TerraVia’s focus on food, nutrition and specialty ingredients
August 9, 2016
TerraVia Holdings, Inc., a next generation food, nutrition and specialty ingredients company and pioneer in algae innovation, announced that Apu Mody, former President of Mars Food America, has been appointed CEO and a member of the Board of Directors, effective on or about August 22.
Cott announces acquisition of S&D Coffee and Tea, reports second quarter 2016 results and declares dividend
August 4, 2016
Cott Corporation announced its results for the second quarter ended July 2, 2016, and also announced that it has entered into a definitive stock purchase agreement to acquire S&D Coffee, Inc. ("S&D"), a premium coffee roaster and provider of customized coffee, tea, and extract solutions to the foodservice, convenience, gas, hospitality and office segments in the United States. The purchase price is approximately $355 million, on a debt and cash free basis, and represents a high 6X post synergy adjusted EBITDA multiple.