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Smart Balance acquires Glutino Food Group

BY Allison Cerra

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.

"The
 gluten‐free 
segment
 is 
complementary 
with
 our 
corporate 
vision 
of 
creating 
a 
health-
and-
wellness 
innovation 
platform 
that 
builds 
brands
 targeted 
at 
highly 
motivated 
consumer 
need 
states," Smart Balance chairman and CEO Stephen Hughes said. "Just 
as
 our Smart 
Balance, 
Earth 
Balance and 
Bestlife brands address the 
health-
and-
wellness 
needs 
of 
consumers, Glutino
 addresses
 a
 specific 
dietary 
need
 by 
eliminating 
gluten
 in 
foods
 that 
consumers 
have
 to 
avoid 
for 
health
 reasons.

"

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Knorr Homestyle Stock comes to U.S. market

BY Allison Cerra

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.

Knorr and White, who serves as the company’s brand ambassador, have introduced Knorr Homestyle Stock to the U.S. market, a new line of concentrated flavors that can be used for cooking a variety of meals. As part of the launch of Homestyle Stock, available in beef and chicken flavors, White has debuted recipes exclusively on Knorr.com that feature Knorr Homestyle Stock.

Each package of Knorr Homestyle Stock includes four packs of concentrated stock and each pack produces three-and-a-half cups of broth, offering a great value over liquid stocks and broths. The suggested retail price of each four-pack is $3.99.

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Popchips introduces jalapeño flavor

BY Allison Cerra

SAN FRANCISCO — Popchips is bringing the spicy heat of green jalapeño peppers to its latest snack.

New jalapeño Popchips will be available in a 3-oz. share and a single-serve pack this month in stores nationwide, Popchips announced this week.

"We’ve been getting so many requests for jalapeño Popchips, but had to make sure to strike the right balance between the fresh flavor and spicy heat of green jalapeño peppers," Popchips co-founder and CEO Keith Belling said. "And we’re excited to give our snackers just what they’re looking for — an all-natural, deliciously spicy snack that’s not too hot to handle."

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