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
Bonduelle has agreed to acquire Ready Pac Foods, the US producer of convenience fresh meal solutions, salads and fresh cut produce. The transaction is expected to close by the end of March 2017 following routine regulatory reviews and ...
Tags: Bonduelle, Ready Pac Foods
Ardian has divested its stake in Germany-based food company frostkrone for an undisclosed sum to Emeram Capital Partners. frostkrone, which was established in 1997, manufactures frozen finger food and snack products in Europe. The ...
Tags: Ardian, snack products
RPC Bebo, a unit of RPC Group, has developed a new coffee capsule material, B2nature, designed to meet the increasing demand for capsules with sustainable packaging solutions. The new material can be industrially composted while ...
Tags: RPC Bebo, coffee capsule material
Kraft Heinz has introduced new Velveeta Stuffed Grilled Cheese and Velveeta Cheesy Bites to expand its presence in the frozen snacks market. From loaf recipe cheese to shells and cheese, Velveeta has been in America’s kitchens since ...
Tags: Kraft Heinz, Velveeta Products
Iceland-based seafood company Icelandic Group has begun the process of divesting its subsidiary Gadus in Belgium. It was in 2012 that Icelandic had acquired Gadus for an undisclosed price. The decision to sell Gadus by Icelandic Group ...
Tags: Subsidiary Gadus, seafood
DuPont Nutrition & Health will increase its cultures manufacturing capacity in Europe with an investment of $60m to meet the growing demand for frozen and freeze-dried starter cultures. As part of the plans, three cultures production ...
US-based ProAmpac subsidiary Ampac is launching its Pull Tab beverage pouch in the US for alcoholic beverages market. The Ampac’s new Pull Tab pouch, which will now be marketed and produced in US, was initially launched in 2014 in ...
Tags: Ampac, alcoholic beverages
Greencore Group has acquired Peacock Foods from affiliates of Charlesbank Capital Partners for an undisclosed sum. Based in Geneva of Illinois, Peacock Foods provides packaging and supply chain management solutions to the consumer food ...
Tags: Greencore, Peacock Foods
Bubbies Homemade Ice Cream & Desserts has been acquired by Chicago-based investment firm Kenex Holdings for an undisclosed sum. Headquartered in Aiea, Hawaii and founded in 1985, Bubbies makes mochi ice cream sold across the US and select ...
Pinkberry has launched new low-fat milk ice cream flavor, Pinkbee's Strawberry, which is available for a limited period of time. "It's a new year and Pinkberry is buzzing with excitement over the new Pinkbee's Strawberry flavor," said ...
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
UK based coding and marking solutions provider, Linx Printing Technologies has extended its Linx CSL product range with the launch of two new laser coders. The new laser coders, Linx CSL10 (10 watt) and CSL30 (30 watt), are designed to ...
Tags: Linx Printing, Laser Coders
Russian meat producer Cherkizovo Group has dispatched its first shipment of poultry meat to Angola. The first batch of 54 tons was dispatched from Novorossiysk to Luanda from Cherkizovo’s Chicken Kingdom poultry farm in the Lipetsk ...
Tags: Poultry Meat, Cherkizovo
Frozen poultry products manufacturer Maxi Canada has been acquired by Altamont Capital Partners, a San Francisco Bay Area based private investment firm, for an undisclosed price. Maxi Canada, which is based in St-Lin-Laurentides, Quebec, ...
Tags: poultry products, Bruer