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food and beverage firm
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Sovos Brands Completes Aquisition of Rao's Specialty Foods
Jul 20, 2017Sovos Brands, a new food and beverage firm established by Advent International, has completed its the acquisition of Rao's Specialty Foods. Financial terms were not disclosed. Rao's Specialty Foods is the second acquisition in less than ...
Tags: Specialty Foods, food, beverage
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Dean Foods Completes Acquisition of Friendly's Ice Cream Business for $155m
Jun 23, 2016Dean Foods Company has announced that it has completed the acquisition of Friendly's ice cream manufacturing and retail distribution business for $155m in cash. Dean Foods is a Texas-based food and beverage firm and a processor and ...
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Kraft Heinz Plans Expansion of Cream Cheese Production Facility in Lowville
Nov 13, 2015Kraft Heinz is planning to expand its cream cheese manufacturing facility in Lowville, which will see 100 new employees being hired over the next five years. Currently, the Lowville plant, which makes Philadelphia brand cream cheese, ...
Tags: Kraft Heinz, cream cheese, food, beverage
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Kraft Heinz Plans Expansion of Cream Cheese Production Facility in Lowville, US
Nov 13, 2015Kraft Heinz is planning to expand its cream cheese manufacturing facility in Lowville, which will see 100 new employees being hired over the next five years. Currently, the Lowville plant, which makes Philadelphia brand cream cheese, ...
Tags: Kraft Heinz, Cream Cheese
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Heinz Has Signed a Definitive Merger Agreement with Kraft Foods to Form a New Company
Mar 27, 2015US based Ketchup maker Heinz has signed a definitive merger agreement with Kraft Foods to form a new company, Kraft Heinz, to become the third largest food and beverage firm in North America and potentially fifth largest in the world. ...
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Tate & Lyle Is Planning to Invest Around $90m in Its Food Starch Production Plants
Jul 23, 2014Tate & Lyle, a British food and beverage firm, is planning to invest around $90m in its production plants in Lafayette, Indiana over the next three years. The investment will be used in the three-phased expansion of Tate & Lyle's ...
Tags: Tate&Lyle, food starch, Food
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Mamma Chia's New Chia Squeeze Flavors, Seeds Will Be Launched
Mar 10, 2014Organic food and beverage firm Mamma Chia is set to launch new products, including two Chia Squeeze Vitality snack flavors and organic bagged chia. The new Chia Squeeze snack flavors, Mango Coconut and Wild Raspberry, are claimed to be ...
Tags: Mamma Chia, Squeeze Flavors, Organic food
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Del Monte Pacific Has Closed The Acquisition of Del Monte Foods' Consumer Products Busines
Feb 20, 2014Del Monte Pacific (DMPL), a Singapore-based food and beverage firm, has closed the acquisition of Del Monte Foods' (DMF) Consumer Products business for $1.67bn. The acquired entity will now be renamed as Del Monte Foods (DMFI). The ...
Tags: Del Monte Pacific, US Food Unit
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DMPL Received Approval From The Singapore Exchange on The Acquisition of Food Unit
Feb 10, 2014Del Monte Pacific (DMPL), a Singapore-based food and beverage firm, has received approval from the Singapore Exchange to proceed with its proposed takeover of Del Monte Foods' (DMF) Consumer Products business in a $1.67bn deal. In October ...
Tags: Agriculture, food, beverage
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Mondelez International Is Geared up to Invest £75m in Its Cadbury Plant in UK
Jan 26, 2014Mondelēz International, a US-based food and beverage firm, is geared up to invest around £75m in its Cadbury plant in Bournville, Birmingham. The investment will be used to upgrade equipment at the facility over the next three ...
Tags: investment, optimizing the costs
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Breakstone's Has Introduced New Greek Style Sour Cream Featuring The Smooth
Nov 18, 2013Breakstone’s, a brand owned by food and beverage firm Kraft Foods, has introduced new Greek Style Sour Cream featuring the smooth, creamy texture and rich taste of traditional Breakstone’s Sour Cream blended with Greek strained ...
Tags: Sour Cream, Breakstone's
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DMPL Agrees to Acquire Del Monte Foods' Consumer Products Business in a $1.67bn Deal
Oct 12, 2013Del Monte Pacific (DMPL), a Singapore-based food and beverage firm, has agreed to acquire Del Monte Foods' Consumer Products business in a $1.67bn deal. DMPL owns the Del Monte brand in the Philippines and is the exclusive licensee for ...
Tags: Del Monte Pacific, beverage
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Nestle Unveiled Its Wonka Chocolate Blocks in New Packaging
Oct 9, 2013Swiss food and beverage firm Nestlé has unveiled its Wonka chocolate blocks in new packaging designed by global brand and design consultancy Bluemarlin. Bluemarlin's studio in Sydney focused on a series of creative exploration ...
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Mondelez International Teames up with The Iccri and Suppliers Armajaro and Olam to Boost
Sep 29, 2013Mondelēz International, a US-based food and beverage firm, has unveiled its Cocoa Life sustainability program in Indonesia. The company has teamed up with the Indonesian Coffee and Cocoa Research Institute (ICCRI) and suppliers ...
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Food Group's Drinks Arm Has Pushed The Food and Beverage Firm Into The Red
Dec 12, 2012A revaluation of China Marine Food Group's drinks arm has pushed the food and beverage firm into the red in the third quarter. The US-listed company, which also makes seafood-based snacks and distributes frozen catch, booked a net loss of ...
Tags: China Marine Food Group, red in the third quarter, seafood-based snacks