Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
Titan Hemp, a provider of hemp commodities and extracts, and Green Growers Technology Alliance (GGTA) have partnered to develop plant-based materials for a range of manufacturing applications including packaging. As part of this effort, ...
Tags: hemp commodities, packaging
Chicken producer Pilgrim's Pride has agreed to acquire JBS’ British poultry unit Moy Park for $1.3bn to expand its portfolio of prepared foods. By adding Moy Park’s operations in the UK and Continental Europe, Pilgrim's Pride ...
Tags: poultry meat, prepared foods
H.I.G. Capital has divested its portfolio company Albertville Quality Foods to OK Foods, a subsidiary of Industrias Bachoco. Albertville is among the largest independent further processors of protein based products. The Company focuses on ...
Tags: OK Foods, H.I.G.Capital
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
Global food commodities trader Bunge’s subsidiary Agribusiness Singapore has entered into an agreements with Oleo-Fats to distribute its products for the foodservice, retail and food processor industries in the Asia-Pacific region. ...
Tags: Bunge, Agribusiness Singapore, Oleo-Fats
Chicago-based private equity firm Geneva Glen Capital (GGC) has acquired Dianne’s Fine Desserts from Superior Capital Partners for undisclosed sum. Chicago-based private equity firm Geneva Glen Capital (GGC) has acquired Dianne's ...
Tags: GGC, Dianne's Fine Desserts
The US Food and Drug Administration issued draft guidance for public comment that provides practical, voluntary sodium reduction targets for the food industry. Average sodium intake in the U.S. is approximately 3,400 mg/day. The draft ...
US-based Bama Foods plans to expand its production facility in Owasso, north Tulsa after it secured a contract supply hotcakes to McDonald’s. The expansion will result in adding 55 jobs at the location. Bama CEO Paula Marshall ...
Tags: Bama Foods, McDonald, Hotcakes
US-based food company Hormel Foods has entered into an agreement to sell Diamond Crystal Brands (DCB) to a partner of private equity firm Peak Rock Capital for an undisclosed sum. DCB, which was founded in 1980, manufactures and ...
Meijer is setting a goal to sell only eggs sourced from cage-free farms by the year 2025, joining a growing group of food retailers, restaurant chains and food manufacturers that have announced similar plans. "Although our current volume ...
Tags: Meijer, Cage-Free Eggs, Food retailers, Restaurant chains
US-based confectionery company Mondelez International has committed to source 100% cage-free eggs in the US and Canada by 2020 and in Europe by 2025. The commitment comes after years of responsible sourcing and sustainable practices that ...
Tags: cage-free eggs, eggs
Swiss food company Nestle has committed to use only cage-free eggs for its US food products by 2020. With this decision, the packaged food company has joined companies like Kellogg, McDonalds, Subway and Dunkin' Donuts, who have already ...
Tags: Nestle, cage-free eggs, Food
Chinese food manufacturer American Lorain has expanded its product portfolio with the introduction of a new breakfast product line - Lorain Youtiao. The launch comes in response to increasing consumer demand for on-the-go breakfast and ...
TreeHouse Foods has recorded first quarter earnings of $0.41 per fully diluted share when compared to $0.38 per fully diluted share reported for the first quarter of 2014. The Company reported adjusted earnings per share in the first ...
Tags: TreeHouse Foods, Q1 Results