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Pinnacle Foods to Acquire Boulder Brands
Pinnacle Foods Inc. and Boulder Brands Inc. have entered into a definitive agreement for the acquisition of Boulder Brands by Pinnacle Foods. The transaction expands Pinnacle's presence in the natural and organic retail channel and provides Pinnacle with a new growth platform in refrigerated foods. Under the terms of the agreement, Pinnacle Foods intends to launch a tender offer to acquire all of the outstanding shares of Boulder Brands for $11 per share, in a transaction valued at approximately $975 million, including approximately $265 million of net debt. The transaction is subject to customary closing conditions and is expected to ... |
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Frieling Expands AmericasMart Showroom
To accommodate its growing product assortment, Frieling USA Inc., based in Fort Mill, S.C., has expanded its permanent AmericasMart Atlanta showroom by 26 percent. The upgraded showroom displays top sellers and new products from the company's exclusive brands, including BLACK CUBE stainless non-stick cookware, Cilio kitchenware, durgol steamer ovens, Emsa housewares, Seltmann Weiden porcelain, WOLL cookware and Zenker bakeware. Offering fresh solutions from around the world, Frieling has cultivated strategic alliances with leading European manufacturers to create a one-stop shop of innovation and quality in gourmet kitchenware and tabletop. The Frieling showroom, located on the 8th floor in booth 8124A ... |
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Gourmet Catalog Hires Buying Group Director
Gourmet Catalog and Buying Group in Dallas recently announced the addition of Maryann Samsa as buying group director. With more than 30 years of experience, Samsa is a highly valued industry insider whose talents and relationships will bring fresh perspective and new ideas to the group. “I have learned so much from Lynn Becraft, who empowered me to work every aspect of retail at the Kitchen Kaboodle for 30 years. Now, I am ecstatic to take on a new adventure joining Janis Johnson’s team at GC,” said Samsa. Samsa began working at Kitchen Kaboodle in 1982. The birth of her ... |
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English Breakfast Society Launches Fundraiser Campaign to Publish the Very First Illustrated Guide to the Full English breakfast
LONDON, Nov. 4, 2015 /PRNewswire/ -- The English Breakfast Society is proud to announce the launch of their Kickstarter fundraising campaign to raise funds to publish the very first illustrated guide to the traditional full English breakfast. Campaign page: kickstarter.EnglishBreakfastSociety.com The English Breakfast Handbook is intended to be the definitive guide to the traditional English breakfast, researched and written by the English Breakfast Society. The Society wants to raise funds in order to commission custom illustrations and artwork for their book and also to make the artwork available for use by journalists and the public. The primary goal of their project ... |
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FDA Releases Foreign Supplier Verification Program (FSVP) Final Rule
HAMPTON, Va., Nov. 16, 2015 /PRNewswire/ -- On November 13, 2015, the U.S. Food and Drug Administration (FDA) released its final rule for Foreign Supplier Verification Programs (FSVP) for Food for Humans and Animals. This rule is part of FDA's implementation of the Food Safety Modernization Act (FSMA). Most importers will be required to comply with FDA's FSVP rule in May 2017 (18 months after publication). Registrar Corp offers a variety of services to assist importers with FSVP compliance. FDA defines an FSVP as a program that verifies "that [importers'] foreign suppliers are producing food in a manner that provides the ... |
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Kroger and Roundy’s Announce Definitive Merger Agreement
CINCINNATI and MILWAUKEE, Nov. 11, 2015 /PRNewswire/ -- The Kroger Co. (NYSE: KR) and Roundy's, Inc. (NYSE: RNDY) today announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Roundy's for $3.60 per share in cash. The transaction price represents a premium of approximately 65% to the Roundy's closing share price on November 10, 2015. The terms of the agreement were unanimously approved by the Boards of Directors of both companies. Under the terms of the merger agreement, Kroger will commence a tender offer for all of the outstanding shares of Roundy's common stock. Any shares ... |
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Las Vegas Market Expands Temporary Exhibit Space By 50%
LAS VEGAS – (November 11, 2015) – Las Vegas Market announced today that momentum is fueling its expansion of temporary exhibition space—known as The Pavilions at Las Vegas Market—with the addition of a second location allowing for a 50% gain in exhibit space for the Winter 2016 Las Vegas Market, January 24-28, at World Market Center Las Vegas. “Last Augusts’ repositioning and reimagining of temporary exhibits to The Pavilions at Las Vegas Market was met with an overwhelmingly enthusiastic response from buyers, which has fueled record rates of exhibitor renewals,” said Dorothy Belshaw, president of Gift & Home Décor, International Market ... |
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Forty One Madison Showrooms Planning For Winter NY Now Buyer Attendees
(NEW YORK, NY—NOVEMBER, 2015)—Giftware retailers and buyers will find more than 40 permanent showrooms based at Forty One Madison welcoming them in to do business when they arrive Saturday, January 30 through Wednesday, February 3, for the 2016 winter edition of NY NOW. One of the easiest ways to know which showrooms are open and plan for visits is to download the 41 App. And, one of the easiest ways to travel between Forty One Madison and Javits Center, where the gift show is held, is via the complimentary luxury bus service. The shuttle, courtesy of Forty-One, runs Monday through ... |
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Fenwick Brands Buys Stake in Powell & Mahoney
Powell & Mahoney LLC, a leading natural cocktail mixer company, announced a growth capital investment from Fenwick Brands Inc. a leading consumer packaged goods investor and operator. As a result of the investment, Fenwick will acquire a minority stake in the company, which will continue to be led by beverage industry veteran Mark Mahoney. Powell & Mahoney has made its mark on the modern cocktail with its award-winning, handcrafted mixers. Using the finest juices, essential oils and organic cane sugar, Powell & Mahoney produces traditional mixers like Bloody Mary and Margarita along with unique flavors such as Sriracha Bloody Mary. ... |
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Organic Dairy Co-ops Develop Partnership
The leading organic farmer-owned cooperative in North America, CROPP Cooperative/Organic Valley, and Europe's leading organic dairy cooperative, the Organic Milk Suppliers Cooperative (OMSCo) announced an international partnership with benefits for both cooperatives, their farmer-owners and consumers. The historic agreement, in which the two cooperatives will take a membership in each other's organization while retaining each cooperative's independence, will provide international opportunities and domestic flexibility, offering access to new markets, products, technical expertise and sharing of best practices in organic dairy farming. "This is an important development for cooperation in organic agriculture on a global scale," said Eric Newman, Organic Valley's ... |
