Global economic issues are preventing the company from fully transitioning to new strategy.

Q4 sales jump prior to Project Ascent kick off.

The acquisition expands the flavor supplier’s resource and support capabilities for emerging food and beverage companies.

Juliana Hirata joined the company in 2003 while Thomas Weber did in 2007.

Global companies introduce regional specialties from abroad to create excitement in the North American retail market.

Spent 37 years at International Multifoods; leader of IAOM.

Brazilian food manufacturer inks deal with PepsiCo.

Gagnesh Gupta takes over the role on Sept. 8.

Portfolio includes eight flavors.

Transaction marks the holding company’s fourth acquisition.