Conagra acquires Sandwich Bros ahead of Q2 2018 results

Conagra has agreed to acquire Sandwich Bros. of Wisconsin, a producer of frozen flatbread sandwiches, for an undisclosed sum. The transaction is ecpected to closed in early 2018. Conagra’s president and CEO, Sean Connolly said,”Adding the sandwhich Bros. business to our portfolio is another step in Conagra Brands’ ongoing work to accelerate growth.

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Zest Tea Launches RTD Line

After three years of jolting its consumers awake with its flagship line of highly-caffeinated bagged teas, Zest Tea has launched its first ready-to-drink (RTD) products. The new 12 oz. cans of “High Octane” sparkling energy teas, launched in December for sale via the company’s website and Amazon, mark a large growth opportunity for Zest Tea, which is positioning the three-SKU line as an alternative to both coffee and traditional energy drinks.

 

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Leadership Transition for Coca-Cola North America

The Coca-Cola Company today announced that J. Alexander “Sandy” Douglas Jr. will retire as President of Coca-Cola North America (CCNA). He will be succeeded by James L. “Jim” Dinkins, who currently serves as President of the Minute Maid Business Unit and Chief Retail Sales Officer for CCNA.

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Folgers releases 6 new flavored coffees

Folgers, a brand of Orrville, Ohio-based J.M. Smucker Co., announced the release of Folgers Simply Gourmet flavored coffees. Folgers Simply Gourmet coffee gives coffee lovers the opportunity to enjoy delicious, natural flavored coffee, and to recreate their favorite fall coffee recipes with no artificial flavors, it says. Made with 100 percent premium Arabica beans, the coffees are perfectly paired and balanced with natural flavors to create six flavored coffees: Natural Vanilla, Natural Cinnamon, Natural Chocolate, Natural Caramel, Natural Chocolate Raspberry and Natural Mint.

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