Plumrose USA names new president

JBS USA announced the appointment of Thomas Lopez to president of Plumrose USA on Jan. 9. Earlier in his career, Lopez held several senior-level positions at Kraft Foods and Kraft-Heinz Food Co., where he previously served as its president of beverages and snacks division. He also served in the US Army, earning the rank of Captain. He will lead Plumrose’s strategy and growth as well as overseeing five prepared foods facilities in Indiana, Iowa, Mississippi and Vermont. Plumrose also operates two distribution centers in Indiana and Mississippi.

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The Ferrero Group to acquire Nestle’s U.S. confectionery unit for $2.8 billion

The Ferrero Group, the owner of such brands as Nutella, Kinder and Tic Tac, has entered into an agreement to acquire Nestle S.A.’s U.S. confectionery business for about $2.8 billion in cash. The transaction is expected to close near the end of the first quarter of 2018 following the completion of customary approvals and closing conditions.

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Diet Coke gets biggest brand refresh in the line’s history

Diet Coke today introduced the biggest product and marketing makeover in its 36-year history as it looks to regain momentum in the struggling diet soda category by more aggressively targeting millennials. Changes include a logo redesign and four new flavored varieties, such as “twisted mango,” that will be sold in slim cans.

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