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Cooper Farms to acquire Hemmelgarn & Sons

The purchase agreement includes an egg grading and packaging plant, a feed mill, 1.6 million hens, a trucking fleet and nearly 300 acres of land.
March 11, 2019
Cooper Farms, Oakwood, Ohio, announced plans to acquire Hemmelgarn & Sons, Coldwater, Ohio.
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Study: Frozen bakery products market to reach $49.11B globally by 2025

The frozen breads segment grabbed more than one-third of the market share in 2017, and maintained its revenue lead through 2025.
March 11, 2019
The global frozen bakery products market generated $33.87 billion in 2017, and is expected to reach $49.11 billion by 2025, growing at a CAGR of 4.2% from 2018-2025, according to a report published by Allied Market Research, Portland, Ore.
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LogChain completes blockchain pilot program

The shipment, transferring beverages from Belgium to Israel, was conducted using LogChain e-BL.
March 11, 2019
Israel-based LogChain completed its first blockchain maritime pilot program, carrying out the first shipment via its unique end-to-end digitized and tamper-proof LogChain platform.
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Research: Sustainability-marketed products delivered more than 50% of CPG market growth since 2013

Research found that sustainability-marketed products delivered 50.1% of market growth from 2013-2018 while representing 16.6% of the CPG market in dollar sales in 2018.
March 11, 2019
IRI, Chicago, and NYU Stern Center for Sustainable Business (CSB), New York, released the findings of a new U.S.-based study and established the Sustainable Share Index, an in-depth analysis of consumer purchases of products marketed for their sustainable attributes.
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Messer Group, CVC Capital acquisition forms Messer Americas

The acquisition formed a new company in the United States called Messer Americas.
March 8, 2019
Messer Group, Germany, and CVC Capital Partners Fund VII, UK, acquired certain businesses in North and South America from Linde plc, UK, to form a new company in the United States called Messer Americas.
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Analysis suggests produce in retail needs a fresh look

Shoppers could be prompted to buy value-added produce under certain conditions, such as competitive pricing (59%) and longer shelf life (35%).
March 8, 2019
The Food Marketing Institute (FMI), Arlington, Va., introduced its 2019 exploration into the views of produce shoppers.
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Study reveals food distributors are hungry for acquisitions

Changing demographics, rising disposable income and the pursuit of healthy living are reshaping consumer demand for specialty, better-for-you and sustainable food options.
March 8, 2019
Evolving consumer preferences and rapid technological change are transforming the food supply chain, according to the “Consumer Insider,” an industry report released by Brown Gibbons Lang & Co. (BGL), Cleveland, Ohio.
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