India-based private equity firm Everstone Group has completed the acquisition of Modern Foods, a bakery business of the Hindustan Unilever Limited (HUL). Following the acquisition, Everstone aims to triple the brand's revenue to Rs 10bn ...
Tags: Everstone, Modern Foods, Acquisition, Bakery business, HUL
Italian specialty papers and substrates maker Fedrigoni’s subsidiary Arconvert announced that it will enter into US market with its new facility in Los Angeles, California. The 62,000 ft2 facility will have state-of-the-art ...
Tags: Arconvert, Fedrigoni, Claudio Alfonsi
Roland Foods, in cooperation with the manufacturer in Peru, is initiating a voluntary recall of specific lots of Roland Fire Roasted Red Pepper Strips due to the possible presence of glass fragments in the product, therefore posing a ...
Tags: Roland Foods, Peru, Roland Fire Roasted Red Pepper Strips
Albertsons Companies has launched its new store brand, Signature, the largest private label across all 2,286 of its stores. Signature is a multi-category brand developed to address consumers' growing appetite for quality private label ...
McCann’s Irish Oatmeal has launched its redesigned website that incorporates a whole new brand look and layout structured to enhance the consumer experience. The redesigned website includes new features such as: simplified ...
Tags: McCann, Irish Oatmeal, Consumer experience
Del Monte Foods, a North American food production and distribution company, plans to eliminate the use of hazardous chemical Bisphenol A (BPA) lining in cans used for food packaging. Starting in May 2016, the company plans to commence ...
Tags: Del Monte Foods, BPA, Cans, Food packaging
Campbell Soup is planning to eliminate the use of Bisphenol A (BPA) linings from foods and beverages can packaging. The firm delivered two million cans with linings made from acrylic or polyester materials replacing BPA. The new lining ...
Tags: Campbell, BPA, Bisphenol A, Can packaging
McCormick & Company has revised its offer for Premier Foods to 65 pence in cash per each share of Premier Foods, valuing the latter at £1.5bn, and making its third approach to acquire the business. The revised offer follows two ...
Tags: McCormick, Premier Foods, Revised Bid
The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
Flowers Foods is voluntarily recalling Cobblestone Bread Co. Wheat English Muffins with the UPC # 0 72250 01316 1 and best by dates of October 28, 2015 through April 10, 2016 because they contain undeclared milk. People who have allergies ...
Premier Foods has rejected the third offer from US-based spice manufacturer McCormick & Company, which had offered 65p per share of Premier Foods. Mr Kipling cakes maker said the proposal continued to undervalue Premier and its future ...
Tags: Premier Foods, McCormick&Company, Bid Offer
The new Country of Origin Labelling (CoOL) for Australia's food packaging was given the final go-ahead by commonwealth, state and territory consumer affairs ministers this week. Each label will indicate the proportion of Australian ...
Tags: Country of Origin, CoOL, Green Light, Food packaging
Linde has detailed out the advantages of cryogenic chilling solutions for food processing through its white paper titled "High-Efficiency Cryogenic Chilling for Food Processing.” The white paper said that chilling with food-grade ...
Tags: Linde, Cryogenic Chilling, Food processing
Amira Nature Foods Ltd has announced that its Amira branded products will now be available in Cost Plus World Market stores across the US. Cost Plus World Market, a subsidiary of Bed Bath & Beyond Inc, sells a wide variety of goods that ...
Organic food producer United Natural Foods (UNFI) has acquired the outstanding stock and an affiliate along with certain real estate of Nor-Cal Produce for $68.6m cash. With the Nor-Cal Produce acquisition, United Natural Foods intends ...