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  • Carolyn Ross to lead investor relations at DPS

    PLANO, Texas — Dr Pepper Snapple Group's VP investor relations Carolyn Ross is assuming leadership of the company’s investor relations function.

    In her new role, Ross will report to DPS CFO Marty Ellen.

    The move comes as the company's SVP finance Aly Noormohamed was named SVP and business unit general manager of the company's warehouse direct business. Noormohamed will report to Rodger Collins, president of packaged beverages for DPS.

  • Smart Balance acquires Glutino Food Group

    PARAMUS, N.J. — Smart Balance announced its acquisition of a gluten-free food maker.

    The company said its acquisiton of Glutino Food Group, valued at $66.3 million, will expand Smart Balance's portfolio of gluten-free product offerings. Glutino sells a wide range of premium-priced, gluten-free foods — including both 
shelf‐stable 
and 
frozen 
gluten‐free snack 
foods, 
frozen
 baked
 goods, 
frozen 
entrees 
and 
baking 
mixes throughout 
North 
America
 — under the Glutino and Gluten Free Pantry brands.

  • Kraft reveals plans to split business into two independent, publicly traded companies

    NORTHFIELD, Ill. — Kraft Foods is planning to create two independent public companies, which will include a global snacks business and a North American grocery business.

    The company expects to create these companies — the high-growth global snacks business, which carries an estimated revenue of approximately $32 billion and the high-margin North American grocery business, which touts an estimated revenue of approximately $16 billion — through a tax-free spinoff of the North American grocery business to Kraft Foods shareholders.

  • Knorr Homestyle Stock comes to U.S. market

    ENGLEWOOD CLIFFS, N.J. — Knorr has tapped world-renowned chef Marco Pierre White to introduce its latest innovation to Knorr's family of sauces and bouillons.

  • Budweiser shows off bowtie packaging

    ST. LOUIS — Budweiser has redesigned its can and secondary packaging, which will make its debut in the U.S. market before rolling out worldwide.

    The new can and secondary packaging that shows off Budweiser's iconic bowtie, complemented by the Budweiser creed and Anheuser-Busch medallion. This marks the 12th can redesign since 1936.

  • Land O'Lakes introduces cinnamon sugar butter spread

    NEW YORK — Land O'Lakes has expanded its line of butter products with a cinnamon sugar butter spread.

    The company said that the product, which comes in a 6.5-oz. tub, contains seven all-natural ingredients — cream, sugar, canola oil, water, cinnamon, salt and citric acid. Land O'Lakes said that its cinnamon sugar butter spread is versatile and can be used on a variety of foods and for cooking.

  • M&M's celebrates birthday of pretzel chocolate candies in New York

    HACKETTSTOWN, N.J. — To celebrate the first birthday of its M&M's pretzel chocolate candies, Mars Chocolate said it is looking to break the Guinness World Record for the largest piñata.

  • Two kids films arrive on DVD, Blu-ray this month

    NEW YORK — Walt Disney Studios Home Entertainment is bringing two animated films to DVD and Blu-ray formats this month.

    "Mars Needs Moms" and "The Fox and the Hound 30th Anniversary 2-Movie Collection" will be available Aug. 9 at retailers nationwide.

    Mars Needs Moms" in the following formats:

    • 4-disc Blu-ray combo pack (Blu-ray 3D, Blu-ray 2D, DVD and digital copy) for the suggested retail price of $49.99;

    • Two-disc Blu-ray combo pack (Blu-ray 2D + DVD) for $39.99;

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