US baker Flowers Foods has reached an agreement with Hostess Brands to acquire its Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands for around US$360m. Flowers will also take on 20 of Hostess' bakeries and ...
Tags: US, baker, Flowers Foods, Hostess Brands
US-based baking company Flower Foods has signed two agreements to acquire certain bakery assets of Hostess Brands. The value of the total deal is approximately $390m. One of the agreements includes purchase of the Wonder, Nature's Pride, ...
Tags: US, Flower Foods, agreements, bakery assets, Hostess Brands
US private-label group TreeHouse Foods has snapped up cheese and pudding assets owned by dairy co-op Associated Milk Producers. TreeHouse announced the acquisition of the aseptic units on Friday (30 November) for an undisclosed sum. The ...
Tags: private-label, TreeHouse, pudding assets, Associated Milk Producers
Irish food group Greencore has acquired US food-to-go manufacturer HC Schau & Son for US$17.3m, plus a further performance related payment of "up to" $2m. The firm produces sandwiches, sushi and entrees sold through retail and convenience ...
Tags: Greencore, food-to-go manufacturer, HC Schau, food-to-go market
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum. Gelit, based in Cisterna di Latina, employs around 130 staff and produces frozen ready meals for sale in the US and Italy. The ...
Tags: Ralcorp Holdings, frozen ready meals, food industry, company news
Cranswick has expanded its presence in the cooked meats category with the acquisition of Kingston Foods. The company said the move further diversified its product portfolio and is in-line with the strategy that Cranswick CEO-elect Adam ...
The new positioning comes a year after Sealed Air's £4.3bn acquisition of hygiene giant Diversey in October 2011 and aims to bring the benefits of both sides of the business into a single coherent approach to food and drink packaging. ...
Tags: Sealed Air, acquisition, hygiene giant, food and drink packaging
US-based ConAgra Foods, the packaged food provider, has announced the acquisition of Ralcorp, the manufacturer of private label food in the US, for approximately $6.8bn, which includes the assumption of debt. ConAgra Foods CEO Gary Rodkin ...
Tags: ConAgra Foods, Acquire, Ralcorp, packaged food provider, food
ACS&T Logistics has announced that following the signing of a multi-year contract with food distributors TICCO Foods, it will continue to supply food to the foodservice customers across the UK. TICCO Foods supplies Italian sweets and ...
Kraft Foods plans to restructure three facilities in the US in 2013,a move which is expected to lead to a loss approximately 90 jobs at its facility in New Ulm,Minnesota. The New Ulm facility currently employs approximately 555 people.It ...
Tags: restructure, jobs, employs, full-time positions
Tastykake,a subsidiary of Flowers Foods,has partnered with US chocolate firm Hershey to introduce new Kandy Bar Kakes,which combine both cake and candy. The new Kandy Bar Kakes are made with real quality ingredients and feature Hershey's ...
Tags: cake, candy, Kandy Bar Kakes, bakeries
US dairy giant Dean Foods has said it is considering the sale of its Morningstar business,a producer of creams and cultured dairy products for foodservice and own-label firms. Dean Foods issued a statement yesterday(26 September)after a ...
American agribusiness company Cargill is set to acquire ground beef processing plant in Texas,US,from AFA Foods for$14.1m,in a deal that will strengthen its existing beef business. The deal,which includes the purchase of all working ...
Tags: beef, ground beef patties, acquisition