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Platinum Equity to Acquire Spanish Seafood Provider Iberconsa From Portobello Capital
LOS ANGELES, March 07, 2019 (GLOBE NEWSWIRE) -- Platinum Equity today announced the signing of a definitive agreement to acquire a majority stake in Grupo Ibérica de Congelados, S.A. (“Iberconsa”) from Portobello Capital and affiliates of the company’s founding families. The sellers and members of the Iberconsa management team will be minority investors alongside Platinum Equity. Financial terms were not disclosed. The transaction is expected to close in Q2 2019. Headquartered in Vigo, Spain, Iberconsa is a global provider of frozen seafood products, including hake, Argentine red shrimp and squid. The company is vertically integrated across the full value chain, ...
Gift, Gourmet Gains Continue at Las Vegas Market
LAS VEGAS – (February 27, 2019) – Las Vegas Market announced today that a dozen gift and gourmet tenants are upping their commitment to the Market with more than 10,000 square feet of relocated, expanded and renewed showrooms already confirmed for Summer 2019 Market, running July 28 to Aug. 1, 2019. “These early commitments speak to the growing strength of Las Vegas Market, the partnerships we’ve developed with buyers and exhibitors, and the Market’s overall ability to deliver results,” said Dave Savula, executive vice president, president of gift and apparel leasing for International Market Centers. “So far, we’ve seen more than ...
The Legacy Companies Completes Acquisition of Avanti® Products in Doral, Florida
Fort Lauderdale, Florida (March, 5th, 2019) - The Legacy Companies has announced it has acquired Avanti® Products, a trusted brand and leader in the consumer appliance industry. Avanti® develops, manufacturers and markets compact appliances including refrigerators, freezers, ranges, microwave ovens, wine refrigerators, ice makers, water dispensers, laundry appliances and other compact appliances. The combination of these two great companies is expected to substantially scale presence in key retailers, channels and geographies. It will also create a new enterprise with power brands in large and growing markets. Speed, the impact of extended distribution, cross-sell and market deployment is expected to accelerate growth ...
REGATTA® Expands Into Craft Mixer Category
LOCUST VALLEY, NY (February 27, 2019) – Regatta, creator of renowned Regatta Classic Bermuda Stone Ginger Beer, is proud to announce the evolution of the brand’s product offerings into the dynamic craft mixers category. Beginning in March 2019, Regatta Dry Citrus Sparkling Tonic, Regatta Royal Oak Ginger Ale and Regatta Pacific Sea Salt Club Soda join award winning, flagship Regatta Ginger Beer and Regatta Light Ginger Beer. The full line-up of Regatta premium craft mixers create a complex yet well-balanced flavor palate that mixes well with any spirit. Sam Zarou, CEO of Affinity Beverages LLC, commented, “Our flagship product – Regatta ...
2019 Sweets & Snacks Expo Show Floor is Officially Sold Out
Washington, D.C. (February 28, 2019) – For the 8th year in a row, booth space for the Sweets & Snacks Expo has sold out. Hosted by the National Confectioners Association, the Sweets & Snacks Expo (May 21-23, 2019) will welcome more than 15,000 attendees from 90 countries as more than 800 exhibitors display new and innovative products. “It’s truly remarkable to see this level of excitement related to exhibiting at the Sweets & Snacks Expo. The show floor is a bright and vibrant part of the show experience,” John Downs, president and CEO of NCA, said. “Hundreds of exhibitors bring thousands of ...
ShopRite Makes Newsweek’s Retailer List for “America's Best Customer Service”
Keasbey, NJ – (January 23, 2019) – ShopRite has been named to Newsweek’s 2019 "America's Best Customer Service” list, which recognizes companies for building key relationships with customers and providing top-notch shopping experiences. ShopRite was among the top three supermarkets singled out by Newsweek for receiving high marks from customers in a recent survey of regional and national retailers. The magazine surveyed more than 20,000 American customers, asking each participant about retailer accessibility, communication, technical competence and customer focus. The publication also asked customers how likely they were to recommend the brand to friends and family. The top three brands to receive the ...
Specialty Food Association Trendspotters Reveal Winter Fancy Food Show Trends
NEW YORK, NY (January 31, 2019) Doing good for the planet and its people led the trends as the Specialty Food Association’s Trendspotter Panel emerges from the 44th Annual Winter Fancy Food Show, held in San Francisco, CA, January 13-15. Armed with the 2019 Trends Preview, the Trendspotter Panel combed through over 90,000 products to identify the current and emerging trends within the $140 billion specialty food industry. “Sustainability and social good, through upcycling, ethical sourcing, diverse crops, and cause-related products, are growing ever more in popularity. We saw this emerging at the Summer Fancy Food Show this past June, and it’s ...
Point Reyes Farmstead Wins Two Good Food Awards
Point Reyes, CA (January 15, 2019) The first cheese made by Point Reyes Farmstead, the iconic Original Blue, along with the company’s newest cheese, traditional Gouda, both won prestigious Good Food Awards at this year’s gala event in  San Francisco on January 11th.   In fact, Point Reyes Farmstead, now in its 18th year, was the only recipient in the cheese category to garner two of the winning recognitions.    After receiving the awards, Point Reyes’ Head Cheese Maker, Kuba Hemmerling, enthusiastically thanked his team for their commitment and hard work.  “Everyone is so committed.  We continue to work hard to ...
Ambiente Trade Fair Debuts Audio Guide For Trend Presentation
The Ambiente Trends for 2019: tasteful residence – quiet surroundings– joyfilled ambience. What are the characteristic features of each style? Which themes and emotions do they reflect? What are their stories? Which colours, materials and product mixes are important? "The trends that are identified for Ambiente Trends by Stilbüro bora.herke.palmisaro each year are far more than presentations of contemporary products. The show helps visitors to understand the look and feel of international trends on all levels: intellectually, visually and emotionally. This all-embracing inspiration makes all the difference to retailers wanting to apply exactly the right new worlds of style within ...
The Expo At World Market Center Brings World-Class Exhibit Space To Downtown Las Vegas
LAS VEGAS, N.V. – (January 28, 2019) – International Market Centers (IMC), owners and operators of World Market Center Las Vegas, broke ground today on construction of The Expo at World Market Center Las Vegas, a new 315,000-square-foot exhibition facility, scheduled to open in summer 2020 on the World Market Center Las Vegas campus. The new Expo at World Market Center Las Vegas will feature 194,785 gross square feet of exhibit space, which is divisible into two halls – North with 97,684 gross square feet and South with 97,101 gross square feet – which can accommodate up to 1,000 booths. The ...
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