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CSM Bakery Solutions Announces Agreement for Sale of Its BakeMark Business to Pamplona Capital Management
NEW YORK and ATLANTA and LONDON, July 17, 2017 /PRNewswire/ -- CSM Bakery Solutions, a global leader in bakery ingredients, products and services, today announced it had reached an agreement for the sale of its BakeMark business to Pamplona Capital Management. The agreed upon sale is an important step in advancing CSM's strategy to focus on its core business in Europe and North America, according to CSM's President and CEO Marianne Kirkegaard. "We have always had great appreciation for the value of the BakeMark business but this sale will help us support our goal of further strengthening our core business in Europe and ... |
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Sur La Table And Instacart Launch Partnership To Offer Same-day Delivery Of Premium Household Goods
SAN FRANCISCO, July 12, 2017 /PRNewswire/ -- Sur La Table, the place for an unsurpassed selection of exclusive and premium-quality goods for the kitchen and table, and Instacart (www.Instacart.com), the technology-driven, nationwide on-demand grocery delivery service, announced today a partnership to offer same-day delivery from over 80 Sur La Table locations. Starting today, Sur La Table shoppers in 23 states -- from California to Virginia and in between -- can visit https://www.instacart.com/sur-la-table, fill their virtual carts and have the items delivered straight to their doorstep by Instacart in as little as an hour. "Sur La Table is well known for ... |
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Brennan's Market to Close After 75 Years
MADISON, Wis., July 12, 2017 /PRNewswire/ -- In 1942, when Frank Brennan opened his road-side fruit stand in Monroe, Wisconsin, he wasn't aware his legacy would last for 75 years. Unfortunately, due to changing consumer habits and increased competition, Brennan's Market will be closing all stores September 30, 2017. Brennan's Market, with five retail locations and cheese warehouse & packaging facility, employs 150 full and part-time workers. The Brookfield, WI location is being sold but will remain open along with the other stores. As of now, there are no firm plans for the sale of the remaining properties but all stores ... |
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Bormioli Luigi and Triton Partnered to Acquire the Bormioli Rocco Tableware and Pharma Businesses Respectively
Milan / Fidenza (Italy), July 17th 2017 – Bormioli Luigi S.p.A. has partnered with Funds advised by Triton (“Triton”) to purchase the Pharma and Tableware business divisions of the Bormioli Rocco group. Both business divisions will be owned and run independently of each other, as Bormioli Luigi will acquire the Tableware division and Triton will acquire the Pharma division. Bormioli Rocco is a leading Italian tableware and pharma primary packaging manufacturer currently owned by Vision Capital. The transactions are subject to regulatory approval in the relevant jurisdictions. Any necessary employee information and/or consultation procedures will occur in France and Italy ... |
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KeyImpact Sales & Systems Inc. Acquires Nevada Food Brokerage
ODENTON, Md., July 6, 2017 /PRNewswire/ -- KeyImpact Sales & Systems, Inc. (KeyImpact) is pleased to announce that they have acquired Nevada Food Brokerage, further strengthening their resources in the Southern Nevada & Southern Utah areas. This is the second major acquisition for KeyImpact in 2017, adding to a 14-year history of successful acquisitions and integration of 45 local market and regional, sales and marketing agencies. For several decades, Nevada Food Brokerage has operated a successful foodservice brokerage firm providing services in the Southern Nevada & Southern Utah areas. The company has served local casinos and big gaming companies for years and ... |
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2018 Good Food Award Entry Period Now Open
San Francisco, CA (July 5, 2016) – Today marks the launch of a coast-to-coast call for entries of beer, charcuterie, cheese, chocolate, cider, coffee, confections, honey, fish, oils, pantry, pickles, preserves, spirits and (new this year) elixirs. The Good Food Awards celebrates the kind of food we all want to eat: tasty, authentic and responsibly produced. As the only national initiative to recognize food crafters who excel in both taste and sustainability, we anticipate over 2,000 entries from all fifty states. Over 250 food crafters, grocers, chefs, journalists and pioneers of the food movement will serve on this year’s judging panel, ... |
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Danone announces sale of Stonyfield to Lactalis
Paris, France - July 3rd, 2017 - Danone has entered into a binding agreement with Lactalis to sell Stonyfield, one of its U.S. dairy subsidiaries, for a purchase price of $875 million, representing 20 times its EBITDA in 2016. Stonyfield generated approximately $370 million in turnover in 2016. The divestiture is part of the agreement reached on March 31st, 2017 with the U.S. Department of Justice ("DOJ") in connection with Danone's recently closed acquisition of WhiteWave. The closing of the divestiture is subject to customary conditions, including final approval by the DOJ, and is expected in the third quarter of ... |
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Blackstone To Acquire International Market Centers
HIGH POINT, NC / LAS VEGAS, NV - Thursday, July 6, 2017 - Blackstone announced today that funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities entered into a definitive agreement to acquire International Market Centers, Inc. (“IMC”), the world's largest owner and operator of premier showroom space for the furnishings, home decor and gift industries, from Bain Capital Private Equity, LP and funds managed by Oaktree Capital Management, L.P. Fireside Investments is also expected to partner with Blackstone in the acquisition. Financial terms of the transaction were not disclosed. International Market Centers, Inc. is the world's largest ... |
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Campbell to Acquire Pacific Foods to Expand in Faster-Growing Health and Well-Being Categories
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today announced it has entered into an agreement to acquire Pacific Foods of Oregon for $700 million in cash. Founded in 1987, Pacific Foods is a leading producer of organic broth and soup,1 and also produces shelf-stable plant-based beverages and other meals and sides. Pacific Foods has a sustained track record of growth, and generated approximately $218 million in trailing twelve month net sales as of May 31, 2017. Pacific Foods is a natural foods industry pioneer that has strong health and well-being and organic credentials, particularly with younger consumers. Its products and approach ... |
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Truly Unique And Brilliantly Creative – Hundreds of Makers Set To Exhibit At NY NOW® Summer 2017 Market
WHITE PLAINS, NY. — June 12, 2017 — This summer, buyers looking to expand their stores with creative and original handmade designs will be pleased to find the most beautiful and innovative products in the industry from the Handmade® Designer Maker section at NY NOW®, the Market for Home, Lifestyle + Gift. NY NOW’s HANDMADE collection is the industry’s hallmark of design and craftsmanship across all media and the Handmade Designer Maker section in particular is set to make a grand display this year as it moves to Level 3 of the Jacob K. Javits Convention Center. This location shift ... |
