McCormick Announces Acquisition of Enrico Giotti SpA
McCormick & Company, Incorporated has agreed to acquire 100 percent of the shares of Enrico Giotti SpA (Giotti), an Italian flavor manufacturer located in Florence, Italy.
Giotti is well known in the industry for its innovative beverage, sweet, savory and dairy flavor applications. Annual sales are approximately 53 million Euro (56 million U.S. dollars).
The degree of viagra prescription online tubulointerstitial damage and glomerular filtration rate was negatively correlated with prognosis than the glomerular lesions. pharmacy cialis Physical causes include neurological disease, cardiovascular disease or any other disorder or disease a patient may be suffering from or has suffered from. Many of these herbal products are marketed as “buy sildenafil without prescription find out this“, however, they are not specific for blood vessels in the penis as cialis is. So the best way to cure sexual problem is by directly addressing its root cause. vardenafil india The acquisition of Giotti expands the breadth of value-added products for McCormick’s industrial segment including additional expertise in flavoring health and nutrition products. McCormick plans to acquire the business for a cash payment of approximately 120 million Euros (127 million U.S. dollars), subject to certain closing adjustments.
Lawrence E. Kurzius, President and Chief Executive Officer, stated, “The acquisition of Giotti is another important step in the execution of our growth strategy. McCormick is a leading flavor supplier to packaged food companies and multi-national restaurants, and this acquisition expands the breadth of our value-added flavor solutions in Europe with strong and innovative R&D capabilities. With this acquisition, we add greater scale to our already substantial industrial segment business in the Europe, Middle East and Africa region.”
Two Booze-Centric Cheese Spreads from Di Bruno Bros.
Di Bruno Bros. has launched two new cheese spreads– Pinot Grigio & Fig or Smoked Gouda & Beer with Pimentos. These two unique flavors are the first new spreads added to the lineup in over a decade!
Di Bruno Bros. cheese spreads are made with real Wisconsin cheddar, and are inspired by family recipes. They are sold in the Philadelphia retail shops, in national grocery partners and on dibruno.com to ship anywhere in the country.
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Emilio Mignucci, third-generation owner and Vice President of Culinary Pioneering says, “Our customers across the country, and especially Philadelphia, love the original six spreads and people were asking for more. I’m excited that we were able to bring them two incredible new spreads…. We think our grandparents would be proud. And, while it’s a proud moment for us, it’s been even more fun for us to work together with our team and create something new and delicious for our customers.”
New England Made Trade Show to be Held in March
This spring’s New England Made Giftware & Specialty Food Show will take place at the Portland Sports Complex in Portland, Maine, from Saturday, March 18 through Monday, March 20, 2017. Admission is complimentary for qualified buyers of wholesale giftware, specialty food, and home furnishings.
The New England Made Giftware & Specialty Food Show features unique, locally-made goods from 350 businesses from Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The Show offers specialty gift and gourmet food retailers an entree into the wide world of artisanal merchandise produced in the region, including everything from apparel to pottery and glassware to artisanal food products.
“New England Made has been presenting quality locally made giftware and specialty food products for 33 years to the wholesale market. This year New England Made will present our largest show ever with 350 companies in Portland, Maine,” said New England Made Show Producer Stefa Normantas. “With the cancellation of the Boston Gift Show in 2017, New England Made is even more important to retailers and local companies. Our regional show has a national reputation for quality and craftsmanship. Retailers from around the country are discovering why our show continues to have significant growth. It’s a place to find truly unique items for their shops while meeting the artists and craftsman who make each product right here in New England.”
Over 95 percent of the buyers who attended last fall’s New England Made Show said they would recommend the event to a colleague or friend.
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Exhibitors also find participation in the Show a highly rewarding experience.
“The New England Made Giftware and Specialty Food Show has helped me over fifteen years of wholesaling to grow my business. It would have taken me countless hours and dollars to find regional (and some beyond New England) wholesale buyers,” said exhibitor Betsy Hanscom, Owner of Maine Warmers. “The show looks great, the quality of the goods exhibited is excellent, and the show is well managed and staffed with caring people.”
Registration for qualified buyers is open now.
