May 25, 2013 11:02 AM ET

Food Products

Company Overview of Ocean Spray Cranberries, Inc.

Company Overview

Ocean Spray Cranberries, Inc. operates as an agricultural cooperative that produces and markets bottled juices and juice drinks. Its products include cranberry, grapefruit, blueberry, diet, light, energy, sparkling, fruit and veggie, and cherry juices and drinks; dried cranberries, dried fruits, and fruit sauces; fresh fruits, such as cranberries, grapefruits and citrus fruits, blueberries, and pomegranate arils; and fruit flavored snacks and drink mixes. The company offers its products to foodservice markets, including restaurants, bars, cafeterias, hospitals, and hotels; and food and beverage manufacturers in North America, Caribbean, Central and South America, Africa, Asia Pacific, Europe...

Detailed Description

One Ocean Spray Drive

Lakeville, MA 02349

United States

Founded in 1930

Phone:

508-946-1000

www.oceanspray.com

Key Executives for Ocean Spray Cranberries, Inc.

Chief Executive Officer and President
Chief Financial Officer and Senior Vice President
Chief Operating Officer and Senior Vice President
Age: 52
Chief Operating Officer of Global Partner Operations
Vice President of Research and Development
Compensation as of Fiscal Year 2012.

Ocean Spray Cranberries, Inc. Key Developments

SodaStream and Ocean Spray Announce Partnership to Bring Homemade Sparkle to Cranberry Juice Flavors

SodaStream International Ltd. announced a strategic agreement with Ocean Spray Cranberries, Inc. the leader in cranberry based beverages and foods, to license a portfolio of juice blend concentrates co-developed exclusively for the SodaStream home beverage carbonation system. Now consumers can enjoy the crisp, vibrant taste of sun-ripened cranberries combined with the excitement and refreshment of bubbles. With over 30% of Ocean Spray Cranberry juice drinkers mixing their juice with sparkling water at home, the partnership builds on an already familiar consumer behavior. Initial flavors will include regular and diet versions of Cranberry, Cranberry-Grape and Cranberry-Raspberry. The products are expected to be available during the second half of 2013 in the United States and Canada. The terms of the agreement were not disclosed.

Ocean Spray Cranberries, Inc. Promotes Keith Benoit to its Vice President of Global Partners and Developing Markets

Ocean Spray Cranberries, Inc. promoted Sandwich resident Keith Benoit to vice president of global partners and developing markets. In his new role, Benoit will oversee business development in Asia and Latin America, and he will manage its North American partnership with PepsiCo.

Ocean Spray Cranberries, Inc. Announces Earnings Results for the Year Ended August 31, 2012

Ocean Spray Cranberries, Inc. announced earnings results for the year ended August 31, 2012. For the year, the company’s net sales were $1.66 billion, up 3.2% from 2011's $1.61 billion. Operating profits grew 9.0%.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 10, 2013
Agrícola Cran Chile Limitada, Cranberry Processing Business
 

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