Krispy Kreme Doughnuts has announced a development agreement with Hagar verslainr ehf. that will bring the sweet treat company to Iceland. The first of five Krispy Kreme shops will open in Reykjavik on 5 November. "We are excited to ...
Tags: Krispy Kreme Doughnuts, agreement, Hagar verslainr ehf.
Consolidated Grain and Barge (CGB) is set to expand its soybean processing plant in southwest Indiana with an investment of more than $31m. Through the expansion, the company plans to double the size of its plant located at the Port of ...
Tags: CGB, expansion, soybean processing plant
Food technology company JBT has entered into an agreement to acquire Tipper Tie for $160m to expand its protein platform. However, the transaction value is subject to customary post-closing adjustments. Expected to close in the fourth ...
Tags: JBT, Tipper Tie, acquisition
Baskin-Robbins is introducing a new lineup of festive frozen treats, including ice cream cake Polar Pizza variety and October flavor of the month. Perfect for Halloween parties, haunted houses or ghoulish gatherings, Baskin-Robbins' new ...
Inventure Foods has introduced new TGI Fridays Party Bites, a line of ready-to-eat snacks. Beginning this month, the ingenious new snack line will be available in convenience and grocery stores nationwide in 2.25-ounce and 5-ounce bags ...
Tags: Inventure Foods, TGI Fridays Party Bites, ready-to-eat snacks
Stone Canyon Industries has sold SCI Ingredients and its wholly owned operating subsidiary, Fleischmann's Vinegar Company to Green Plains for $250m. Fleishmann’s Vinegar is being regarded as one of the largest producer of food-grade ...
US Foods has entered into an agreement to acquire specialty foods distributor Jeraci Foods to expand its reach in the Italian independent restaurant and pizzeria sectors. However, the terms of the transaction were not disclosed. Based ...
Tags: US Foods, Jeraci Foods, acquisition
Swiss food giant Nestle and Britain’s R&R Ice Cream have completed establishing a joint venture Froneri to combine their activities in ice cream, frozen food and chilled dairy. The joint venture will integrate both the ...
Tags: Nestle, R&R Ice Cream, Froneri
Global food processing company Archer Daniels Midland Company (ADM) has acquired the assets of Illinois based Caterina Foods for an undisclosed sum. Based in Lake Bluff in the US state of Illinois, Caterina Foods is a toll manufacturer of ...
Tags: ADM, Caterina Foods, acquisition
Tyson Foods has announced that it is investing $27m to expand the production capacity of its case-ready beef and pork plant in Council Bluffs, Iowa. The investment is being made by Tyson Fresh Meats, a wholly owned subsidiary of Tyson ...
Tags: Tyson Foods, investment, expansion
Hormel Foods has announced several new leadership appointments across business segments. James M. Splinter has been appointed to the position of group vice president, corporate strategy. In this new role, Splinter will have responsibility ...
Tags: Hormel Foods, appointment, new leader
Ice cream cone brand Joy Cone has acquired BoDeans Baking Group for undisclosed sum in a bid to expand its business. BoDeans Baking is a major player in the novelty ice cream cone, wafer, and inclusion market. Joy Cone president and CEO ...
Tags: Joy Cone, BoDeans Baking, acquisition
The firm has reshuffled its top execs as it welcomes Jonathan Baker to the role of vice president of consumer products. NBC Universal Brand Development has named Jonathan Baker as its new vice president, EMEA NBC Universla consumer ...
Tags: NBC Universal, Hannah Mungo, eOne
Cyberspace security, the Internet and information technology have been key in China's development, and the country has been striving to build itself into a major Internet power. At a study session attended by China's top leaders, ...
Tags: Internet, Information Technology
James will be responsible for the commercialisation of Nickelodeon assets and properties within the UK and Irish markets. Marianne James has been named VP commercial partnerships, consumer products and experiences for Nickelodeon UK and ...