Food

McCormick & Company signed an agreement to purchase Drogheria & Alimentari (D&A), a privately held company based in Italy for $97 million. D&A is a leader in spices and seasonings with annual sales of approximately $57 million.

CGT Editor Alarice Rajagopal gives you a sneak peek into the trends and topics discussed in this month's issue.

The Hain Celestial Group announced the acquisition of Belvedere International, a leader in health and beauty care products including the Live Clean brand with approximately 200 baby, body and hair care products.

In an attempt to determine what drives trust and discover why certain brands resonate better than others, BrandSpark International has polled more than 65,000 Canadian respondents about their most trusted CPG brands in a variety of categories. Find out who made the cut.

To improve collaborative planning and execution across global networks, McCormick & Company, has joined the E2open Business Network, a provider of cloud-based, on-demand software solutions.

Michele Ferrero, the world's richest candy maker, passed away on Valentine's Day at the age of 89. Ferrero had been ill for several months, passing away on Saturday at his home in Montecarlo, surrounded by his family.

Kehoe has extensive financial experience and previously spent more than two decades with Kraft in roles across numerous businesses and corporate functions.

Executives of Mondelez International have outlined the company's long-term growth strategy, as well as detailed its progress on expanding margins through supply chain reinvention and overhead cost-reduction initiatives.