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Food & Hospitality

NJBIZ Conversations: Kurt Alstede

The founder of Alstede Farms talks about why he got into the business of agriculture, the ways in which consumer tastes have changed and how he meets the challenges of running a retail operation while actively farming 800 acres -- all during a deadly pandemic.

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B&G to acquire Crisco for $550M

“Crisco is an excellent complement to our existing portfolio of brands, including our Clabber Girl and other baking powder brands," B&G President and Chief Executive Officer Kenneth Romanzi said in a prepared statement. Adding that the deal is consistent with the Parsippany-based company's "longstanding acquisition strategy of targeting well-established brands with defensible market positions and strong cash flow at reasonable purchase price multiples."

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