CPG industry veteran brings extensive global leadership experience and consumer-centric mindset to role
March 26, 2015
Mondelez International announced that Robin Hargrove, 49, will become Executive Vice President, Research, Development and Quality, effective April 1. In this role, he will report to Chief Growth Officer Mark Clouse and be responsible for all product and packaging development, research, nutrition, quality, food safety and scientific affairs activities worldwide.
Merger will create the third largest food and beverage company in North America and the fifth largest food and beverage company in the world
March 25, 2015
H.J. Heinz Company and Kraft Foods Group, Inc. announced that they have entered into a definitive merger agreement to create The Kraft Heinz Company, forming the third largest food and beverage company in North America with an unparalleled portfolio of iconic brands.
Deal includes strategic combination with Juice Tyme, Inc.
March 23, 2015
Lemon-X's production facilities are located in Huntington Station, New York, which also serves as the corporate headquarters, and in Frostproof, Florida.
Move enables Monogram Food Solutions to build 54,000-square-foot addition
March 20, 2015
U.S. Bank has invested more than $7.6 million in tax credit equity to enable Monogram Food Solutions to build a 54,000-square-foot addition to its plant and add 200 jobs to the area with Virginia’s highest unemployment rate
Strongbow Gold Apple, Honey & Apple varieties make up new offerings
March 18, 2015
The new ciders will begin appearing at on- and off-premise accounts this month, says Alejandra de Obeso, Strongbow brand director. In turn, the original Strongbow hard cider is expected to be completely phased out at retail before the end of April, she notes.
The duo plans to soon launch the products at www.shopmzb.com
March 18, 2015
Krispy Kreme, Winston-Salem, N.C., and Massimo Zanetti Beverage USA, Portsmouth, Va., announced a multi-year licensing agreement for Massimo Zanetti to roast and distribute Krispy Kreme coffee for sale in grocery, mass-merchandise and club stores as well as online at www.amazon.com.
The acquisition price of approximately $92 million, on a cash-free and debt-free basis, is subject to certain post-closing adjustments
March 17, 2015
The acquisition price of approximately $92 million, on a cash-free and debt-free basis, is subject to certain post-closing adjustments and was funded from cash on hand. Flatout's annual net sales for the twelve months ended December 31, 2014 were approximately $46 million.
275,000-square-foot plant will help the company meet growing demand for organic energy and nutrition bars
March 16, 2015
Construction on the bakery will begin in April, and the bakery plans to open in spring 2016. When fully operational, the bakery will create more than 200 jobs in the community.
Suja continues to participate in the fast-growth High Pressure Processing organic juice category
March 13, 2015
Suja Juice Co., a cold-pressured (otherwise known as HPP High Pressure Processing) juice company, announced the close of a financing round in excess of $20 million dollars.