Chicago-based Hometown Food Co., a wholly-owned portfolio company of Brynwood Partners VII L.P. and Brynwood Partners VIII L.P., has acquired the Arrowhead Mills and SunSpire brands from The Hain Celestial Group for $15 million subject to customary post-closing adjustments. The transaction includes a manufacturing facility in Hereford, Texas, and its employees. “We are delighted to […]
Category: Suppliers
Kroger Will Exit E-Cigarette Business, Citing Questions, Complexity
In a statement from a Kroger Co. spokesperson this afternoon, the Cincinnati, Ohio-based grocery chain said it is getting out of the e-cigarette business. “Kroger is discontinuing the sale of electronic nicotine delivery products, or e-cigarettes, at all store and fuel center locations due to the mounting questions and increasingly-complex regulatory environment associated with these […]
Cannabis Legalization Could Be Worth $128.8B In Taxes, 1.6M Jobs
New Frontier Data released its new study Cannabis In the U.S. Economy: Jobs, Growth and Tax Revenue, 2019 Edition. The report looks at the current state of legal cannabis jobs and tax revenues and projects the impact that full federal legalization would have on the U.S. economy, especially tax revenue generation and job creation. New […]
Kroger Stores Selling Peekaboo Ice Cream With Hidden Vegetables
Whole vegetables hidden in ice cream is available in 1,800 Kroger family of stores now that the retailer is offering Peekaboo brand. The Miami, Florida-based company is expanding its reach by partnering with Kroger, America’s largest grocery retailer. Peekaboo is the only manufacturer of organic ice cream infused with veggies. The products are designed to […]
Ferranti To Succeed Gisel As CEO Of Rich Products Jan. 1
Rich Products’ decade-long succession plan will take effect Jan. 1, 2020, when CEO Bill Gisel becomes executive vice chair of Rich Holdings Inc. and Richard Ferranti, currently president and COO of Rich Products, becomes CEO. In that role, Ferranti will lead Buffalo, New York-based Rich’s $4 billion global food business. Rich Holdings is the holding […]
Texans Mark 100th Anniversary Of Pecan Being Named State Tree
The Texas Pecan Board, with pecan growers from across the state, gathered Oct. 1 at the state capitol, marking the 100th anniversary of the pecan tree being named the state tree and kick off Texas Pecan Month with a gubernatorial proclamation. According to new Texas consumer survey data released at the event, pecans are highly […]
Michigan Lawmakers Fund Program Supporting State Farmers, Families
Ann Arbor, Michigan-based Fair Food Network recognized Michigan lawmakers for their bipartisan support for a homegrown program supporting farmers and families. The House and Senate approved $1 million for the healthy food incentive program Double Up Food Bucks in the state 2020 budget that Gov. Gretchen Whitmer signed Oct. 1. This is in addition to […]
Palm Beach Capital Makes Investment In J. Polep Distribution Services
Palm Beach Capital has made an investment in J. Polep Distribution Services, a convenience store and grocery distributor serving more than 6,000 customers in the northern U.S. Financial terms were not disclosed in the Sept. 30 announcement. Based in Chicopee, Massachusetts, J. Polep distributes candy and snacks; fresh, frozen and refrigerated foods; cigarettes and cigars; […]
