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New Bone Suckin’ Cajun Seasoning

bone-suckin-cajun-seasoning-smallThe new Bone Suckin’ Cajun Seasoning from Ford’s Gourmet Foods, the Bone Suckin’ Sauce folks, is the perfect blend of spices and herbs along with the right amount of heat. It makes your food taste great, gets friends talking and coming back for more! Use generously for Cajun food that’s “Bone Suckin’ Good!”

Bone Suckin’ Cajun Seasoning is a blend of spices, smoke paprika, dehydrated garlic and onion with salt and celery seed. It contains no MSG for GMOs. It’s all natural, gluten free and Paleo, and it’s good on seafood, poultry steaks, pork, pasta, french fries, rice, vegetables and gumbo.

Taste it in booth #2326 at Natural Products Expo East.

Maple Leaf Farms Introduces Southwest Style All Natural Boneless Duck Breast

Maple Leaf Farms, a producer of quality duck products, has added Southwest Style All Natural Boneless Duck Breast to its retail product selections.

Maple Leaf FarmsThe gourmet-flavored duck breast is marinated with a robust, Southwestern spice blend featuring garlic and cayenne pepper. The marinade enhances the duck’s delicious natural taste which makes this product great as a main menu item or an addition to salads, pasta, stir-fry, quesadillas or fajitas.

Featuring all natural ingredients, the gourmet-flavored duck breast comes with unscored skin and offers easy-to-follow cooking instructions on the inside package label.

“This is the third flavor for our marinated duck breast line,” says Duck Marketing Director Cindy Turk. “Providing the duck breasts already marinated with gourmet flavor helps consumers create restaurant-quality meals with minimal time and effort in the kitchen.”

For convenience, Maple Leaf Farms Southwest Style All Natural Boneless Duck Breast is available frozen in clear, vacuum skin packaging that gives full view of the product. Nine duck breasts (7.5 ounces each) come per case for retail stores. Branded freezer trays are also available for display of the product. Manufacturer’s suggested retail price for the Southwest Style All Natural Boneless Duck Breast is $8.95.

McCormick Enters Agreement to Acquire Stubb’s

McCormick & Company, Incorporated has signed an agreement to acquire 100 percent of the shares of One World Foods, Inc., seller of Stubb’s barbecue sauces, a privately held company located in Austin, Texas.

  • Stubb’s is the leading premium barbecue sauce brand in the U.S.  In addition to sauces, Stubb’s products include marinades, rubs and skillet sauces.  Annual sales of the business are projected to be $30 million in 2015 and are expected to grow at a double-digit rate annually for the next several years.
  • Stubb’s products complement McCormick’s range of grilling items with the addition of authentic, craft barbecue sauces.  McCormick plans to drive sales of the Stubb’s brand through expanded distribution, increased household penetration and innovative flavors.
  • McCormick has agreed to acquire the business for approximately $100 million in cash.
  • Acquisitions are an important avenue of growth for McCormick.  Stubb’s is McCormick’s third acquisition agreement announced in 2015.

Alan Wilson, Chairman & CEO of McCormick stated, “We are pleased to announce this agreement to acquire Stubb’s.  Based in Texas, Stubb’s is an authentic, craft brand with an enthusiastic and loyal consumer base.  Through marketing and innovation, we intend to build this base, increase household penetration and expand retail distribution in the U.S. and internationally.  The Stubb’s products round out the range of grilling products currently marketed by McCormick under the Grill Mates, Lawry’s and McCormick brands.  We look forward to working with the Stubb’s employees to drive increased sales and profit for this business.”

After opening his first Stubb’s Legendary Bar-B-Q restaurant in 1968, C.B. Stubblefield began selling his popular sauces to retail grocers in 1992.  These products feature bold flavors made of high quality ingredients.  McCormick intends to maintain the headquarters of this business in Texas.  With newly expanded distribution and product offerings, annual sales growth exceeded 20 percent in both 2013 and 2014.  Annual sales of the business are projected to reach $30 million in 2015.

The acquisition should be completed by the end of July 2015, subject to regulatory approval.  The purchase price for Stubb’s is approximately $100 million subject to certain closing adjustments.  Due to the estimated impact of transaction, integration and financing costs, McCormick expects no earnings per share impact in 2015 from this acquisition.  However, with plans to achieve strong growth and significant cost synergies McCormick expects incremental EBITDA (earnings before interest, tax, depreciation and amortization) of at least $10 million by 2017.

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