Inventure Foods has agreed to divest its frozen business unit to Oregon Potato Company (OPC) for $50m as part of its ongoing strategic and financial review. Under the terms of the definitive asset purchase agreement, the Arizona-based ...
Tags: Inventure Foods, Frozen Foods
Inventure Foods has agreed to divest Fresh Frozen Foods to The Pictsweet Company for nearly $23.7m in an all-cash deal. The strategic sale by Inventure Foods was announced during an ongoing company review process aimed at improving ...
Tags: Inventure Foods, Frozen Foods
Canadian industrial technology firm EnWave has bagged a contract from Bonduelle to increase the productivity of the latter’s 120kW Radiant Energy Vacuum (REV) machinery. Bonduelle is a French based global processor of frozen ...
Tags: Energy Vacuum, REV Machiney
InnovAsian Cuisine Enterprises is voluntarily recalling its Not-Ready-to-Eat Frozen Chicken Fried Rice products because they contain frozen vegetables that have the potential to be contaminated with Listeria monocytogenes. This voluntary ...
Tags: InnovAsian Cuisine, Frozen Chicken, Fried Rice Products
Belgian frozen food firms Ardo and Dujardin Foods have entered into an agreement to merge their activities. The financial terms of the transaction have not been disclosed. The move is aimed at creating a strong working platform that ...
Tags: Dujardin Foods, frozen food, Ardo
Japanese ingredients company Ajinomoto is set to strengthen its presence in Russia with sales of frozen gyoza products, primarily to Japanese restaurants in the country. Frozen Vegetable Gyoza will be manufactured by Ajinomoto Frozen ...
US-based Inventure Foods has unveiled plans to purchase two individually quick frozen (IQF) freezing tunnels for $3.9m in 2014. The company said that it will continue to look for opportunities to cater to the increasing demand for its ...
Tags: Inventure Foods, Freezing Tunnels
US-based Inventure Foods has acquired all of the assets of Fresh Frozen Foods, a branded frozen vegetable processor, for about $38.4m. Based in Jefferson, Georgia, Fresh Frozen is a processor and supplier of over 60 varieties of frozen ...
Tags: Inventure Foods, Frozen Foods
Simplot has been awarded a three-year contract worth A$16.5m by Australian retailer Woolworths to supply private label Select frozen vegetables. The supermarket chain said that the deal will lead to production of an additional 5,100 tons ...
Simplot has been awarded a five-year contract by supermarket chain Coles to supply frozen vegetable and potato products. The supermarket chain said that the deal boosts its frozen vegetable and potato orders from Simplot by 12% per year ...
Tags: Frozen Vegetable Products, Food
US-based Inventure Foods has signed a letter of intent to purchase all of the assets of Fresh Frozen Foods, a branded frozen vegetable processor, for $38m. Based in Jefferson, Georgia, Fresh Frozen is a processor and supplier of over 60 ...
Tags: Inventure Foods, Frozen Foods
When Norfolk vegetable processor Pinguin Foods set itself an aim to increase throughput by a fifth, it looked to Ishida to upgrade its ageing checkweighing set-up. Philip Chadwick finds out more about the installation Who Pinguin Foods ...
Tags: Veg Firm, Production Boost, Packaging
Cof its fiscal year, benefiting from the knock-on effect of acquisitions and higher volumes. For the nine months to the end of December, Pinguin Lutosa reported net sales up by almost 32% on the same period of the previous year, to ...
Former Sara Lee executive Marleen Vaesen will become chief executive of Belgium-based produce group PinguinLutosa. Vaesen will take the role next month, replacing Hein Deprez, PinguinLutosa's controlling shareholder. The company said ...
French vegetable processor Bonduelle has booked an increase in full-year earnings, with sales growth outside of Europe offsetting weakness on the continent while cost cutting initiatives and lower financing costs boosted the bottom line. ...
Tags: vegetable processor, net income, Bonduelle