Pinnacle Foods has completed the acquisition of Wish-Bone and Western dressings brands from Unilever for $575m in cash. Subject to a customary post-closing inventory adjustment, the deal was financed through a combination of cash on hand ...
Swiss food giant Nestlé is considering options to divest its PowerBar energy bars brand, as it is facing stiffened competition from other brands. The sale could fetch millions of dollars to Nestlé, reported Reuters citing ...
Tags: Energy Bars, Food
Pinnacle Foods has officially announced the expansion of its Vlasic pickles manufacturing facility in Imlay City, Michigan. The project has created create 29 full-time jobs and 500 seasonal jobs during the peak summer production season. ...
US-based food company Pinnacle Foods has entered into an agreement to acquire Wish-Bone and Western dressings brands from Unilever for $580m in cash. The acquisition includes a broad range of liquid and dry-mix salad dressing flavors ...
Tags: Pinnacle Foods, Wish-Bone
B&G Foods and Pinnacle Foods are evaluating plans to acquire Unilever's American salad dressing brand Wish-Bone. The sale, which is being managed by investment banking firm Goldman Sachs, is part of Unilevers' strategy to focus on its ...
Tags: Foods, Agriculture
US-based poultry firm Allen Harim is in talks to acquire former Pinnacle Foods (Vlasic) processing facility in Millsboro, Delaware, US with an investment of about $100m. The 460,000ft2 remodeled facility would employ 700 people and will ...
Tags: Allen Harim, Food, Pinnacle Foods
US-based Pinnacle Foods has swung to a profit of $53m for the fiscal year ended 30 December 2012, compared to a loss of $47m a year ago, when the company incurred restructuring and impairment charges of $156m. The company's net revenues ...
Tags: Pinnacle Foods, fiscal year, 2012
Aunt Jemima Frozen Breakfast, a brand owned by US-based Pinnacle Foods, has introduced new Lil’ Griddles line of three bite-sized breakfast options - Blueberry Mini pancakes, Original Mini pancakes, and Cinnamon French Toast Sticks. ...
Tags: Aunt Jemima Frozen Breakfast, Pinnacle Foods, Lil'Griddles line
US-based Pinnacle Foods' workers at the Fort Madison plant are planning to initiate a strike to protest the company's plan to eliminate pensions The Pinnacle Foods facility in Fort Madison produces canned food products such as Vienna ...
Tags: Foods facility, Foods, Pinnacle, food products
US food firm Pinnacle Foods has booked a drop in third-quarter earnings, which were hit be charges related to restructuring and refinancing. In a regulatory filing yesterday (8 November), Pinnacle said EBIT dropped to US$60m in the third ...
Pinnacle Foods is recalling approximately 90,975 pounds of bourbon barbecue sausage products in the US as they may have been underprocessed,according to the US Department of Agriculture's Food Safety and Inspection Service(FSIS). The ...
Tags: barbecue sausage, FSIS, illnesses