Smart Balance Has Purchased Glutino Food Group

Post by **tex** » Thu Aug 04, 2011 7:08 pm

Hi All,

It appears that Smart Balance has bought Glutino, a move which will probably be beneficial for both companies.

Smart Balance, Inc. (NasdaqGM: SMBL) today announced it acquired 100% of the equity interest of Importations DE-RO-MA, which owns Glutino Food Group ("Glutino"), for $66.3 million, from Claridge, a Montreal-based investment firm. Based in Laval, Quebec, Glutino is a leading manufacturer and marketer of innovative, premium-priced, gluten-free foods sold under the Glutino and Gluten Free Pantry brands.

http://www.prnewswire.com/news-releases ... 23413.html

Tex

sarkin · Post by **sarkin** » Thu Aug 04, 2011 7:59 pm

I hope it will beneficial also for the whole PP team!

coryhub · Post by **coryhub** » Fri Aug 05, 2011 8:44 am

I wish I could buy stock in it. I'm starting to think the world is turning gluten sensitive. I always have loved smart balance's peanut butter and have so far been able to still eat it. I'm off my entocorte and so far so good. I've been really careful about what I let enter my mouth. Last time I got lackadaisical and ended up in a flare up after 7 months. I hope I won't make that mistake again. Que Sara Sara!