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flag Molson Coors CEO announces departure as food industry sees multiple mergers and acquisitions.

flag Today, Molson Coors CEO Gavin Hattersley announced his departure by the end of the year, with the company searching for a new CEO. flag In other food industry news, St Cousair is acquiring Kelly's Jelly to boost its production, Arla Foods and DMK are merging to form Europe's largest dairy cooperative, Müller is acquiring Biotiful Gut Health to expand into gut health products, and Ferrero is investing C$445m to expand its Brantford, Canada, facility. flag Meanwhile, Sazerac's Buffalo Trace Bourbon distillery is recovering from a flood, and Langford's, a Welsh meat manufacturer, has been acquired by Literacy Capital and Mark Chantler.

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