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Ice River Springs Water Acquires Fernbrook
Ice River Springs Water Co. Inc. has acquired Fernbrook Springs Bottled Water Co. In operation since 2005, Fernbrook has a fully integrated manufacturing facility located in Halton Hills, Ontario, packaging spring water into 500-milliliter, 4-liter and 15-liter bottles. This plant will be Ice River Springs’ 10th in North America, providing increased capacity to support both private-label and branded bottled water customers. To continue its robust growth, Ice River will deploy business practices that include efficient manufacturing, plastic recycling, energy savings, environmental stewardship and exemplary customer service. “We will work closely with Fernbrook’s trade partners and employees to ensure a smooth ... |
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Navitas Naturals Wins Nutrition Business Award
Navitas Naturals has been selected as the winner of the Nutrition Business Award for Mid-Size Company Growth. Founded in 2003, Navitas Naturals is a leading organic superfood brand. The San Francisco Bay Area company has experienced dynamic sales growth of more than 50 percent for each of the past three years and has helped establish a new organic superfood category at stores. Navitas Naturals provides a lot of jobs in the local community, the company employs more than 75 people, and it’s hiring more. “I’m thrilled to see Navitas Naturals take home an NBJ Growth Award this year for its consistent and ... |
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Emerald Expositions Completes GLM Acquisition
Emerald Expositions Inc. has completed the acquisition of George Little Management (GLM) from Providence Equity Partners for $335 million. The purchase price, including transaction expenses, was funded by $200 million of debt and a $140 million equity investment from Onex Partners III. Emerald was acquired by Onex Partners III in June 2013. GLM creates face-to-face buying, selling and networking platforms for designers, product developers, manufacturers, retailers, and operators through more than 20 leading trade shows, including four of the largest 100 trade shows in the United States. GLM is the producer of NY NOW, formerly the New York International Gift Fair. ... |
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Fairway Market Offers Murray’s Non-GMO Chicken
Fairway Market’s 14 stores in the tri-state area will be the first to offer its customers Murray’s Chicken bearing the Non-GMO Project Verified seal. “Fairway offers a large variety of non-GMO items so we are very pleased to add Murray’s non-GMO chickens to our selection,” said Herb Ruetsch, CEO of Fairway Market. “Customers will now have a great choice for a non-GMO chicken at an affordable price.” The chickens feed on non-GMO corn and soybeans, which are crops most at risk for GMOs (genetically modified organisms). The feed is regularly tested, and certified by a rigorous, independent verification process from ... |
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Lifetime Brands Acquires Kitchen Craft
Garden City, N.Y.-based Lifetime Brands Inc. has acquired Thomas Plant Limited, trading as Kitchen Craft. Terms of the acquisition were not disclosed.Thomas Plant, based in Birmingham, is one of the United Kingdom’s leading suppliers of kitchenware products and accessories, selling under well-known proprietary, customer-exclusive and private-label brands. The company supplies more than 2,600 customers in all classes of trade in the U.K. and in more than 70 countries worldwide. As part of the Lifetime Brands platform, the company will operate as a separate division under the continuing leadership of Andrew Plant, Richard Plant and Peter Bushell.“We are impressed by the ... |
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Starbucks Brings Back Guatemala Casi Cielo Coffee
Returning for its 10th season at Starbucks is Guatemala Casi Cielo coffee, meaning “almost heaven,” described as a rich and elegant coffee with smooth, balancing lemony acidity and hints of dark cocoa. The coffees that make up Guatemala Casi Cielo were selected from the Antigua region of Guatemala because they deliver the finest the region has to offer, according to Starbucks.The Antigua Valley is one of the most renowned areas in the world for production of high-quality coffee. At altitudes above 1,525 meters, coffee trees produce dense beans with a remarkable complexity. Floral aromas, lemony flourishes and deep dark cocoa ... |
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Hain Celestial Expands Portfolio With Global Rice Brand Acquisition
Leading organic and natural products company Hain Celestial Group Inc. has acquired Tilda Ltd., a leading premium 100 percent branded basmati and specialty rice products company.The Tilda brand has more than 60 dry rice and ready-to-heat branded products under the names Tilda, Akash Basmati and Abu Shmagh in more than 40 countries, principally in the United Kingdom, the Middle East and North Africa, continental Europe, North America and India.In 2013, Tilda generated approximately $190 million in net sales and is expected to be accretive to Hain Celestial’s adjusted earnings in the second half of fiscal 2014.Tilda, which was founded by ... |
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AmericasMart Atlanta Posts Huge Gains, New Highs
When the Atlanta International Gift & Home Furnishings Market’s closing bell sounded last week, the show had posted huge gains across all measures, with national and international attendance and first-to-market buyer totals. On-site registrations for the eight-day market in Atlanta showed healthy year-over-year gains with increases as high as 53 percent posted on key attendance days. Preliminary hotel occupancy reports indicated an increase in the average length of stay per attendee to 4.2 days, the highest recorded since 2006, according to show organizers. Growth posted in all national regions beyond the show’s principal Southeast base – including the Midwest and West ... |
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Specialty Food Association Picks Leadership Honorees
The Specialty Food Association announced the winners of its second annual Leadership Awards honoring influential and innovative entrepreneurs who are transforming the way the $86 billion specialty food industry does business. The winners by category are: Citizenship: Tyler Gage, co-founder and co-CEO, Runa Tea, Brooklyn, N.Y. (shown here); Business Leadership: Ron Rubin, minister of tea and CEO, The Republic of Tea, Novato, Calif.; and Vision: Caryl Levine, co-founder and co-owner, Lotus Foods, Richmond, Calif. The efforts of these leaders span the globe, from supporting indigenous tribes in Ecuador and establishing a progressive work environment in Northern California to initiating sustainable ... |
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2014 Housewares Show Sells Out
The 2014 International Home + Housewares Show sold out less than 10 weeks before opening day, according to the International Housewares Association (IHA), the show’s owner and operator. The show runs March 15 to 18 at Chicago’s McCormick Place. “This is the earliest the show has been sold out on exhibit space and is a sign of how important this world-class marketplace is to IHA member suppliers,” said Phil Brandl, IHA president and CEO. “We look forward to bringing the industry together at the premier housewares trade event.” The show will host more than 2,100 exhibitors from around the world, ... |
