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Kerry Acquires X Café

Kerry has acquired Portland, Maine-based X Café - the pioneer in developing the first shelf-stable coffee extracts. The acquisition further reinforces Kerry’s overall beverage strategy in North America, expands its beverage process and packaging capability, and enables the company to develop and deliver more integrated beverage solutions for the industrial and foodservice industries.

“We are excited about the increased capabilities gained from our combined organization and look forward to are leveraging our capabilities to help customers deliver consumer-preferred products faster and with greater value,” stated Jason Hawkins, president of Kerry’s beverage ingredients & flavor technologies in North America.

“We are very pleased to be a part of Kerry. Our combined organization further solidifies our position as the market leader in the Americas, while strengthening our ability to service the global markets in both foodservice and ingredient sectors,” said X Café president Paul Kalenian.

Kerry is a supplier of ingredients, flavors and integrated solutions for the food and beverage industry. The Kerry Group, headquartered in Tralee Ireland, has manufacturing facilities in 19 countries and sales offices in 20 other countries.

Baywood Announces Sales Results and Expansion Plans

Baywood International, Inc. recently acquired Orangeburg, New York-based Skae Beverage International, LLC, maker of the natural, ready-to-drink (RTD) New Leaf brand of teas.

The New Leaf brand is already established in the Northeast and is emerging in the Southeast, Midwest and South Florida through over 50 distributors.The company’s goal is to build the New Leaf brand and drive sales growth through expanded distribution, marketing support and new product additions.

Baywood believes that the acquisition of Skae Beverage/New Leaf Tea provides a significant growth opportunity in the functional beverage markets. For more information, visit www.bywd.com.

Saxbys Acquires Bucks County Coffee

Saxbys Coffee Worldwide has acquired the assets of Bucks County Coffee Co., including its 15 retail locations and a distribution channel to approximately 400 grocery outlets. The purchase will bring the number of Saxbys Coffee shops to 65 by the end of 2008, jump-starting its growth strategy and immediate plans to expand along the eastern seaboard.

“We look forward to introducing Bucks County Coffee customers to the Saxbys Coffee experience,” said Nick Bayer, president and CEO of Saxbys. “The Saxbys brand is simply about a satisfying cup of coffee served in a refined, comfortable environment operated by a neighborhood business owner…Saxbys soon will become the daily cup of choice for those who crave fresh, rich and smooth coffee and fine specialty coffee beverages without pretensions.

The Bucks County acquisition has given Saxbys a competitive presence that will help fuel strategic growth. Development plans have been underway for 2009, with several additional shops slated for openings in Pennsylvania, New Jersey, Delaware, Washington, D.C., Texas and Nevada.

Boyd Coffee Continues Growth with 4th Generation

Not many 30-somethings can say they are currently working in the same family business as their great-grandfather, grandfather and dad. But Katy, Matthew and Michael Boyd not only work at Boyd Coffee Company, the three fourth-generation family members have all recently been promoted to director level, joining a management team that will be leading the 108-year-old company into its next century of operation.

Percival Dewe Boyd founded the company in 1900 and in 1958 turned it over to his only son Rutherford Percival Boyd, who in 1976 passed the mantle to his sons David and Dick. The third generation brothers remain actively involved, each serving as co-CEO and president. Now joined by their daughter and sons (Katy and Michael are David’s daughter and son; Matthew is Dick’s son) on the management team, David and Dick run a $100 million company that has more than 450 employees.

Additions to the company’s management team include: Katy Boyd Dutt, promoted to director of marketing, oversees the company’s marketing department and pr/advertising strategies. Matthew Boyd, promoted to director of information technology, is responsible for ensuring the firm has the capability to efficiently and effectively manage information. Michael Boyd’s director of risk management (DRM) role maintains a multidimensional view of risk across lines of business, operations, and geography, total risk profile, upside and downside.

Boyd Coffee pioneered the first use of paper coffee filters in restaurant coffee makers and introduced Americans to the air-pot brewing system and was the first to loan brewing equipment to foodservice customers.

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Tea & Coffee - January, 2009

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