A group of lenders led by Maranon Capital, L.P. provided a $130 million term loan and a $15 million revolving line of credit for this business unit.

The company held a ribbon cutting ceremony Tuesday, September 19 to debut the 48,000-square-foot Warehouse 7.

Bridget Coates, co-founder of Kura™, announced the appointment of industry leader Kelli Rooney to chief executive officer, effective Oct. 1, 2016. Rooney joined Kura in June from New Chapter, Inc., where she served most recently as senior vice president of sales and business development.

AAK, one of the world’s leading manufacturers of high value-adding specialty vegetable fats and oils, has announced the addition of multiple personnel to its AAK USA Bakery Innovation Team.

MGP, a supplier of premium distilled spirits and specialty wheat proteins and starches, has announced the appointment of Greg Manis to the position of corporate director of communications.

While traditional value drivers—price, taste, and convenience—continue to be the most important influencers of consumer shopping behavior, Americans also weigh "evolving drivers"—health and wellness, safety, social impact, experience, and transparency—in their food purchasing decisions.

When SugarCreek Chairman and CEO John Richardson purchased an existing 77,000-square-foot manufacturing plant at 1200 Enterprise Road in Cambridge City, Ind., in 2012, he had a distinct vision for its future.

Barry Callebaut will apply its long-standing cocoa expertise in association with Prova’s local vanilla know-how, creating synergies on the ground for the benefit of the local vanilla farmers.

Grey Mountain Partners (“Grey Mountain”) acquired Kronos Foods, Inc. (“Kronos”). Kronos is a Mediterranean food manufacturer and distributor, primarily serving the foodservice market.