US-based ConAgra Foods has completed the spin-off its Lamb Weston business to become a singularly focused, consumer branded food company. The company has been changed to Conagra Brands to reflect the new direction and streamlined focus. ...
Tags: ConAgra Foods, Lamb Weston
Austrian-based Agrana Fruit has expanded its presence in the South East Asian region and India with new facilities and local partnerships. In Bangkok, the food company opened a new representative office along with a product development ...
Tags: Agrana, Agrana Fruit
Sprout Foods has introduced new clear food pouches for its line of organic baby food. The updated line features existing Sprout Organic Baby Food flavors in a transparent pouch so parents can see what's inside the pouch while they ...
Tags: Sprout Foods, Organic Baby Food
Blue Goose Capital, a privately-held, Canadian-based protein and organic food company, has announced the acquisition of Tender Choice Foods. Tender Choice Foods operates processing plant specializing in the processing, packing and ...
Tags: Blue Goose Capital, Foods
French dairy giant The Bel Group has entered into an agreement with LBO France to acquire a majority stake in fruit snacks and dessert maker MOM Group. Under the agreement, Bel will acquire 65% stake in the company, while the remaining ...
Tags: Bel, Healthy Snack
Dole Food Company and Disney Consumer Products and Interactive Media (DCPI) have formed a partnership to launch co-branded fresh produce featuring iconic Disney, Pixar, Star Wars, and Marvel characters. Beginning this fall, the co-branded ...
Croatian food company Podravka has launched a new business unit named as Food Solution to cater to the Horeca segment. A 1500m2 size factory has been recently built for the new unit which specializes in production of freshly made and ...
Tags: Podravka, Horeca Segment
US-based cereal maker Kellogg has entered into an agreement to acquire Ritmo Investimentos, a controlling shareholder of Brazilian food group Parati Group. The purchase price of the acquisition is about $429m and it will be an all-cash ...
Tags: Kellogg, emerging markets
US based global fruit and vegetable producer Dole Food Company has acquired TrucFrut farms and packing facilities in Chile for an undisclosed sum. The acquisition move is to increase volumes and variety of Dole’s produce, in ...
Tags: Dole Food, TrucFrut, acquisition
US based Hispanic refrigerated foods company Del Real Foods has received an undisclosed investment from an affiliated private equity fund of Palladium Equity Partners. Del Real will utilize the investment to take its products into new ...
Tags: Del Real Foods, investment, Palladium Equity
Canada-based organic food company SunOpta has raised $85m from funds managed by Oaktree Capital Management to reduce its debt. The company said that it will utilise the funds to repay its debt and to increase financial flexibility. The ...
Tags: SunOpta, Oaktree Capital Management, fund
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
Paqui, part of Amplify Snack Brands and maker of light and crispy chips, has introduced new Carolina Reap chip. "The Paqui Carolina Reaper chip is truly hot as hell. Don't say we didn't warn you," said Jeff Day, Paqui Brand Manager. ...
Japanese food company Ajinomoto will launch its Japanese-style ramen in North America as part of its strategy to bolster its frozen noodles business in the region. While also expanding its frozen foods business in the region, Ajinomoto ...
Tags: Ajinomoto, Japanese-style ramen, frozen noodles business
Global food company Aramark has announced that it will relocate its Philadelphia-based world headquarters to a new site situated along the Schuylkill River in fall of 2018. The new site at 2400 Market Street was originally built in the ...
Tags: Aramark, headquarter, relocation