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Smart Balance completes purchase of Udi’s
date:Jul 03, 2012
te of grant. The options vest in four equal annual installments beginning on July 2, 2013, the first anniversary of the grant date.
The majority of Udis sales come from gluten-free bread and other bakery products, such as cookies, buns and muffins.
Smart Balance is based in New Jersey and produces buttery spreads as well as gluten-free products through its Glutino brand. Glutino was acquired in August 2011 as part of Smart Balances $66.3 million purchase of Importations DE-RO-MA from Claridge, a

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