General Mills is planning to launch Annie’s branded organic cereals, in order to strengthen its domestic cereal business. The cereal maker is planning to offer three USDA-certified organic cereals under the brand. The company claims ...
Tags: General Mills, Organic Cereals
Food solutions provider CTI Foods has completed the acquisition of pizza toppings manufacturer Liguria Foods for an undisclosed sum. Liguria Foods produces salami, pepperoni, and other protein pizza toppings for pizzerias and sandwich ...
Tags: CTI Foods, Pizza, Liguria Foods
Canada-based organic food company SunOpta has entered into an agreement to sell Opta Minerals business to Speyside Equity Fund for CAD$6.2m ($4.4m), in order to focus on its core business of food distribution. The acquisition proposal has ...
Tags: SunOpta, organic food
Berry Plastics Group reported results for its first fiscal 2016 quarter, referred to in the following as the December 2015 quarter. "During the quarter we achieved record net sales and operating EBITDA for any quarter in the Company's ...
Tags: Berry Plastics, EBITDA
RPM International Inc. has announced that its Mantrose-Haeuser Co subsidiary, which is within the RPM Specialty Products Group, has purchased US-based Holton Food Products Company, a US-based supplier of food stabilizers and dry egg white ...
Tags: Food Products, dry egg
Japanese flavours developer Takasago International Corporation has acquired US-based Centre Ingredient Technology (CIT) to expand its natural materials portfolio. The financial terms of the deal have not been disclosed. CIT is a ...
Tags: Takasago, biotechnology
US-based manufacturer of sauces and dressings Ventura Foods has completed the acquisition of Canadian Wing’s Foods’ sauces and condiments business. The acquired business will become part of Ventura Foods Canada and function ...
Tags: Ventura Foods, Wing's Foods
For fourth-quarter 2015, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported a seventh consecutive quarter of revenue ...
Constantia Flexibles is investing in the expansion of its manufacturing plant in Burgos, Spain, a move that will allow the company to meet increasing demand for packaging used especially in cosmetics. The €4m investment will see ...
Eric Lesbats, CEO of Synerlink, has announced the acquisition of Dairy Pack to expand its range of solutions and services in the fresh dairy market and beyond. "Dairy Pack's expertise in FFS technology, their fill-seal (FS) machine range ...
Tags: Dairy Pack, fill-seal machine
Brazilian food manufacturer BRF has completed the acquisition of UK based food company, Universal Meats for £34m. This deal will enable BRF to expand in local markets in the UK. The negotiations for the takeover began in December ...
Tags: Universal Meats, UK markets
Australia's pig farming and pork industry have experienced some tough conditions over the past five years. On the other hand, strong meat prices have been a feature of the past 12 months as pork has benefitted from higher meat prices ...
Tags: Pork Industry, beef
General Mills will close its pastry manufacturing facility in Berwick, UK by autumn of 2016. In this regard, the company has completed collective consultation process with employee representatives and union officials in order to arrive at ...
Tags: General Mills, Pastry
General Motors has bought the assets and technology of ride-sharing provider Sidecar as the company gears up to address competition from companies like Uber. The company had recently invested $500m in Lyft, a ride-sharing provider. For ...
Tags: General Motors, Sidecar
Pinnacle Foods has completed its acquisition of Boulder Brands. Following the completion of its successful tender offer to purchase all outstanding Boulder shares for $11.00 per share in cash, Pinnacle acquired all remaining Boulder ...
Tags: Pinnacle Foods, Boulder Brands