Polar Seltzer has installed eight vending machines in the Boston area for a limited time so fans can purchase eight-ounce cans of the company's Seltzer Jr. products. Polar will donate the profits from the machines to the arts departments of local schools.
Private equity firm KKR will acquire Unilever's spreads unit for approximately $8 billion. The deal, which is expected to close in mid-2018, "marks a further step in reshaping and sharpening our portfolio for long-term growth," said Unilever CEO Paul Polman.
Following an approach from Campbell Soup and talks with another potential buyer, Snyder's-Lance is working with an investment bank to discuss its sale options, sources said. Snyder's-Lance is home to such brands as Pop Secret popcorn, Cape Cod chips and Snyder's pretzels, and its market capitalization value is approximately $3.82 billion.
Since last year, Sarah Fidler has been a flavor guru for Ben & Jerry's, where she spends much of her time developing potential flavors in the company's test kitchen. Among the role's biggest challenges is working on ten flavors with the knowledge that only one or two may make it into stores' freezer cases, she said.
Neuro-nutrition will increasingly gain traction as consumers seek specific food and beverage formulations to maintain optimum brain health, predicts Supermarket Guru Phil Lempert in his analysis of 2018 trends. "We have moved from heart health to bone health to gut health and now brain health," he said.
DanoneWave this year became a B-Corporation, giving it legal protection to seek goals beyond mere sales and profits. "I'm a true and strong believer that being a 'big food company' doesn't have a negative connotation but a positive one," said CEO Mariano Lozano. "We have the power to move the needle."
Trappistine Quality Candy produces between 50,000 and 60,000 boxes of candy annually, with 10-12 nuns working each day to handle everything from production and order-taking to shipping. The company started when nuns began making candy in the Mass. monastery's basement in 1956.
Private equity company NextWorld Evergreen has purchased organic chocolate company Alter Eco Americas. Alter Eco co-CEOs Edouard Rollet and Mathieu Senard will continue to plan the strategic growth of the company with President Kate Tierney, who is also staying on board.
The Hershey Co. has opened a new Hershey's Chocolate World location in New York City's Time Square, replacing a previous location in Manhattan. "We've succeeded in creating a landmark destination where chocolate lovers will experience something unlike anything they've seen, smelled or tasted before," said The Hershey Experience Vice President Suzanne Jones of the new store.
A union of French confectioners has prevailed in using the name calisson to market a lozenge-shaped candy product after battling Chinese entrepreneur Ye Chunlin, who had attempted to trademark "Calisson d'Aix" in China. This week, the Chinese copyright office denied Chunlin's request for rights to the name.
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