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Latest News in the food Industry

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J & J acquires Hill & Valley

J & J acquires Hill & Valley

6 Jan 2017

J & J Snack Foods has acquired Hill & Valley, a manufacturer of a variety of pre-baked cakes, cookies, pies, muffins and other desserts to retail in-store bakeries, with sales of over $45 million annually.

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Lonza completes peptides disposal

Lonza completes peptides disposal

6 Jan 2017

Lonza has concluded the divestment of its Peptides Business located in Braine-l’Alleud, Belgium, to PolyPeptide. The facility was the centre for peptide chemical development and manufacturing within Lonza.

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Raisio CEO resigns

Raisio CEO resigns

6 Jan 2017

Matti Rihko has resigned from his position as Raisio’s CEO, a job he has held since November 2006. In the interim, Jarmo Puputti will assume the role.

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Smithfield gets Clougherty from Hormel

Smithfield gets Clougherty from Hormel

5 Jan 2017

Smithfield Foods has completed the acquisition of Clougherty Packing, parent company of Farmer John and Saag’s Specialty Meats brands, and PFFJ farm operations from Hormel Foods Corporation.

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Campden to support FIIN

Campden to support FIIN

5 Jan 2017

Science and technology company Campden BRI has been chosen to provide technical and administrative support to the Food Industry Intelligence Network (FIIN).

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Peacock goes to Greencore

Peacock goes to Greencore

5 Jan 2017

Private equity firm Charlesbank Capital Partners has sold its interest in Peacock Foods, a food manufacturer and provider of packaging and supply chain management solutions, to Greencore.

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Everstone buys into OmniActive

Everstone buys into OmniActive

4 Jan 2017

Private equity company The Everstone Group has invested $35 million in Mumbai-based OmniActive to further accelerate the latter’s growth in the fast-expanding nutraceuticals space.

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Study highlights complementary nutrition need

Study highlights complementary nutrition need

4 Jan 2017

A study by researchers at Tufts University highlights how basic quality assurance services are needed to improve trust in complementary nutrition products and help reduce the incidence of childhood malnutrition.

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POST invests $50m in distribution

POST invests $50m in distribution

3 Jan 2017

POST is expanding its distribution operations to Salt Lake City. The company currently has a facility in Box Elder County, Utah, and has begun construction on a 901,000 square foot facility costing $50 million.

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Callebaut closes on new facility

Callebaut closes on new facility

3 Jan 2017

Barry Callebaut has successfully closed the acquisition of the chocolate production facility from Mondelēz International in Halle, Belgium, as announced on September 15, 2016.

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Campbell launches Well Yes! soup

Campbell launches Well Yes! soup

29 Dec 2016

Campbell Soup has launched Well Yes!, a new soup line that it says features clean, simple and nutritious ingredients that the company believes showcases ingredients that people know and understand.

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TerraVia shuns Soylent

TerraVia shuns Soylent

29 Dec 2016

TerraVia is to suspend supply to Soylent of all its ingredients, effective immediately because of its high level of concern that Soylent’s actions in addressing its issues with Powder 1.6 indicate that it is damaging TerraVia’s business.

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