Four years ago, Peter Rahal was making protein bars in his parents’ Glen Ellyn kitchen. Today he agreed to sell his company, Chicago Bar Company, to Kellogg for $600 million. “We couldn’t have dreamed of this opportunity,” says Rahal, 31, who co-founded the company that makes the RXBar—made from only eggs, dates, nuts—with his childhood… read more
Mention e-commerce and retail and two names immediately come to mind – Amazon and Alibaba. Yet similar to brick-and-mortar retail, the e-commerce market features a wide variety of competitors. For consumer packaged goods companies, opportunities exist in working with many of them. “ …We have a team of roughly 200 e-commerce professionals supporting our businesses… read more
Are you ready for a taste of tomorrow? That’s what we’re serving up at our Restaurant Innovation Summit in Austin, Texas. From Oct. 25 to 27, our Summit will bring industry leaders together to talk about technology and how it is changing the way we do business. Operators, futurists and innovators will share strategies on how… read more
Bite Squad, an online and mobile food ordering and delivery service, announced it has completed the acquisition and integration of 17 local restaurant delivery companies. These acquisitions represent Bite Squad’s strategy to consolidate the fragmented restaurant delivery service industry and expand the company’s national footprint to more than 30 metropolitan areas across the United States…. read more
beverage industry, will be the largest exhibitor at the China International Beverage Exhibition on Science and Technology (CBST 2017) in Shanghai from 22nd to 24th November. At the trade fair booth the company will be presenting innovative solutions along SIG’s three main value-adding thrusts of Product Innovation & Differentiation, Smart Factory and Connected Pack. The… read more
American manufacturing expanded last month at the fastest pace in 13 years, powered by robust order growth and healthy production, figures from the Institute for Supply Management showed. Factory index climbed to 60.8 (est. 58.1), the highest since May 2004, from 58.8; readings above 50 indicate expansion; Measure of new orders increased to 64.6, the… read more
Imperial Dade has completed the acquisition of Central Paper Products Co., Inc. The transaction represents the twelfth acquisition for Imperial Dade, a leading national distributor of disposable food service and janitorial supplies, under the leadership of Robert and Jason Tillis, CEO and President of Imperial Dade, respectively. Based in Manchester, NH, and founded in 1948,… read more
All About Restaurant Sanitation Restaurants have a natural challenge that just comes with the territory: cleanliness and food safety. It seems not a day goes by without another horror story in the news about contaminated food products. Restaurants get routinely shut down by the Health Department. Even if things don’t get that bad for your… read more
An estimated 133 billion pounds of food from stores, restaurants and homes was wasted in 2010, according to the USDA. The amount of uneaten food from homes and restaurants in 2008 was valued at $390 per consumer. Most food that’s thrown away ends up in landfills, where it can have negative environmental impacts. Wasted food… read more
Bain Capital Private Equity, a leading global private investment firm, announced it has, through its investment in Diversey, reached agreement on the terms of a recommended final* cash offer for Zenith Hygiene Group plc, a UK manufacturer of cleaning and hygiene chemicals and related products. Based in Hertfordshire, Zenith Hygiene offers a wide, high quality… read more