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By Edward Devlin2021-01-22T09:02:00+00:00 PE firm Exponent has grabbed a majority stake in snack maker Proper to build a powerhouse competitor in the better-for-you snacking category. A new company to combine Proper with its Eat Real brand will be created under a new joint CEO, The Grocer can reveal. The deal, for an undisclosed price, is expected to complete in late February, with Chris Schulze-Melander, current CEO of Ecover maker People Against Dirty, leading the new company from the beginning of March. Mike Hedges, former Tyrrells MD who joined Proper as CEO in 2018, will oversee the transition until the summer.
Europe Basmati Rice Market Rapid growth in basmati rice demand in Germany and Poland drives the market growth. PORTLAND, OR, UNITED STATES, January 7, 2021 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, Europe Basmati Rice Market by Type and Application: Opportunity Analysis and Industry Forecast, 2017-2023,the Europe basmati rice market was valued at $491 million in 2016, and is expected to reach $615 million by 2023, registering a CAGR of 3.2% from 2017 to 2023. In 2016, the Indian variety type segment accounted for more than half share of the total market. Basmati rice is specifically recognized for its unique aroma, distinctive cooking properties, and two to three times more expensive than other long grain rice. It is slender & extra-long grain, which gets longer at least twice of its original size upon cooking. Basmati rice is distinctive among other aromatic long grain varieties of rice, which possess superior aroma, delicious taste, and distinct flavor. It is highly utilized as a part of Indian and Pakistan cuisines and is also used in Persian, Arab, and Middle East cuisine.