John McGuckin to lead specialty food company in sales, marketing, operations, finance and key hires
December 10, 2015
McGuckin will be responsible for sales, marketing, operations, finance, and key hires in support of a growth strategy. He succeeds Craig Decker, who drove significant growth during the past three years, and is returning to his native Pacific Northwest home.
Terms of the recapitalization were not disclosed; deal expected to close in early December
December 10, 2015
The Original Cakerie, founded in 1979 and privately held, is based in Delta, British Columbia, Canada, with a second production facility in London, Ontario.
Devin Cole will join company as President of Keystone U.S.
December 9, 2015
Cole is a food industry veteran with 20 years' experience leading successful sales, marketing and innovation teams and will report directly to Keystone Foods' President & CEO Frank Ravndal.
New facility to be state‐of‐the‐art manufacturing plant for gellan gum, specialty xanthan gum
December 8, 2015
CP Kelco, a global producer of specialty hydrocolloid solutions, announced its intent to build a new state‐of‐the‐art manufacturing plant in North America for gellan gum and specialty xanthan gum.
Pennant Ingredients is a large baked goods supplier for the foodservice and retail markets operating in the United States
December 8, 2015
Puratos, innovator in the bakery, patisserie, and chocolate industry, acquired Pennant Ingredients, a provider of speciality bakery products and solutions to the North American Quick Service Restaurant, foodservice and retail in-store bakery channels.
Keurig, the maker of single-cup coffee machines sitting on millions of kitchen counters, agreed to sell itself Monday for almost $14 billion to JAB Holding Co., a private company with a growing java business.