Cargill Invests To Double Capacity At Belgian Chocolate Facility

December 20, 2013 Cargill

Cargill’s cocoa and chocolate business broke ground on a U.S. $48 million (€35 million) investment to double the capacity of its Belgian chocolate production facility in Mouscron over the next two years. The additional capacity will meet growing demand for chocolate in confectionary, bakery, dairy and artisanal applications from European customers.

Canada Bread Co. Launches New Dempster's Bakery Gluten Zero Loaves

December 20, 2013 Canada Bread Company

The Gluten-Free Certification Program (GFCP) in partnership with the Canadian Celiac Association are proud to announce that Dempster’s Bakery Gluten Zero™ has recently become certified by the GFCP in Canada. This line of gluten-free loaves can now be found at major retailers across Ontario, Eastern Canada and Quebec (under the Bon Matin brand) bearing the GFCP trademark of assurance.

Online Healthier Snacking Company Graze.com Officially Launches In The US

December 20, 2013 graze

graze.com, an online retailer of healthier snacks, announces its official nationwide* launch following a successful BETA testing period. The company, formed by seven friends in 2008, is the pioneer of portioned, healthier and mailbox friendly snack boxes. graze already has over 55,000 customers or ‘grazers’ in the U.S. and over 350 employees internationally. In November 2012, The Carlyle Group became the majority shareholder, with Octopus Investments, DFJ Esprit and management owning the remaining share. In the last two years, the company has experienced international growth of over 130% and reported over $65m of revenue for the year to 28 February 2013.

Kroger Planning Debt Offering For Harris Teeter Purchase

December 20, 2013 Matt Robinson, Bloomberg

Kroger, the largest U.S. grocery-store chain, intends to sell benchmark debt, typically at least $500 million, to fund its acquisition of Matthews, North Carolina-based Harris Teeter. The operator of the Kroger and Ralphs supermarkets may sell three-, five- and seven-year fixed-rate notes as soon as today, according to a person with knowledge of the transaction, who asked not to be identified because terms aren’t set. It may also issue three-year, floating-rate securities.

Nash Finch Co. To Close Blue Ash Center Operations, Lay Off 60

Nash Finch Co. will close distribution operations at its Blue Ash center in February, resulting in layoffs for 60 employees.