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After 12 years as chief executive officer (CEO) of PepsiCo Inc., Purchase, N.Y., Indra Nooyi announced that she will step down Oct. 3. Nooyi has been with the company for 24 years. She will remain chairman until early 2019.

Südzucker, Europe's leading sugar company, has partnered with DouxMatok to reduce sugar content in food products without affecting taste.

Land O’Lakes has selected Beth Ford as president and CEO of one of America’s largest food and agricultural cooperatives. Ford will officially take over on August 1, to replace the retiring Chris Policinski.

Former Food Engineering editor Charles Morris Jr. passed away July 12 at the age of 84.

Albertsons Companies Inc. has announced that it has received a claim that its acquisition of Safeway violated terms governing Safeway notes.

Indian dairy producer Creamy Foods Limited, located in the state of Uttar-Pradesh, has purchased GEA’s first Model BUE butter-making machine. The Model BUE 6000 will be brought into operation in February 2019 along with other allied equipment.

Brynwood Partners VII L.P. has signed a definitive agreement to acquire a portfolio of brands from The J.M. Smucker Company (Smucker) for $375 million. The portfolio includes the exclusive US rights to Pillsbury brand’s shelf-stable baking products along with the Hungry Jack, White Lily, Jim Dandy and Martha White brands.

Conagra Brands is buying Pinnacle Foods in a cash and stock deal worth almost $11 billion.