Automatic Merchandiser

OCT-NOV 2016

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T O P N E W S ean Gilland, former NAMA vice president of sales and CTW, has been named the association's 2016 Coffee Legend. Gilland joined NAMA in 2000, and quickly made his mark, developing services to the coffee, tea and water channel from the ground up following NAMA's merger with the former National Coffee Service Association. His accomplishments include the creation of the now thriving and distinctive Coffee, Tea & Water Show (CTW) and the devel- opment of the Coffee Services Committee. During his time at NAMA, Gilland was rec- ognized with promotions for his exceptional sales and customer service skills and ability to tackle tough assignments. Prior to the industry Before joining the NAMA team, Gilland built his career at Scott Paper, holding sales positions with increased responsibilities, rising to vice president of sales, central region. Gilland, who retired from NAMA in the fall of 2015, continues to work in a consulting capacity. In his free time, he is passionate about outdoor activities and boating, coaches youth baseball and hockey, and is an avid coin and currency collector. Gilland and his wife of 50 years, Nancy, reside in Arlington Heights, IL. They have two children and three grandchildren. D Dean Gilland Named 2016 NAMA Coffee Legend and are well-positioned to continue to deliver value to our shareholders," said Chairman and CEO Irene Rosenfeld. "Our proposal to acquire Hershey reflected our conviction that combin- ing our two iconic American companies would create an industry leader with global scale in snacking and confectionery and a strong portfolio of complementary brands. Following additional discussions, and taking into account recent shareholder developments at Hershey, we determined that there is no actionable path forward toward an agreement. Farmer Brothers Announces Agreement To Acquire China Mist Brands, Inc. ▶ Farmer Bros. Co., a national coffee roaster, wholesaler and distributor of coffee, tea and culinary prod- ucts announced that it has entered into an agreement to acquire substantially all the assets of China Mist Brands, Inc. ("China Mist") for $10.8 million, plus a performance- based payment of $0.5 million if certain sales levels are achieved in the calendar years of 2017 and 2018. Farmer Brothers plans to operate China Mist as an independent subsidiary. China Mist will continue to operate from its Scottsdale, AZ offices. The transaction is expected to close in the sec- ond quarter of fiscal 2017 subject to certain closing conditions. Dean Gilland was named NAMA's 2016 Coffee Legend. Mondelez International No Longer Pursuing Combination With Hershey ▶ Mondelez International, Inc. announced it has ended discussions with The Her- shey Company regarding a possible combination of the two companies. "We remain focused on successfully executing our strategy to deliver both sus- tainable top-line growth and significant margin expansion C A L E N D A R O F E V E N T S NOV. 8-10 2016 Coffee, Tea & Water Gaylord Opryland Nashville, TN Phone: 312-346-0370 www.coffeeteaandwater.org NOV. 13 Charleston Coffee Cup Memminger Auditorium Charleston, SC Phone: 843-724-1196 www.charlestoncoffeecup.com DEC. 4-6 Supervisor Development Program University Of Houston Houston, TX Phone: 312-346-0370 www.namanow.org MAR. 17-19 Coffee Fest Nashville 2017 Music City Center Nashville, TN Phone: 425-295-3300 www.coffeefest.com APR. 19-21 2017 NAMA OneShow The Venetian Las Vegas, NV Phone: 312-346-0370 www.namaoneshow.org MAY 23-25 2017 Sweets & Snacks Expo McCormick Place Chicago, IL Phone: 202-534-1440 www.sweetsandsnacks.com 12 Automatic Merchandiser VendingMarketWatch.com October/November 2016

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