US-based private equity firm Wind Point Partners is planning to merge two of its portfolio companies – Hearthside Food Solutions and Ryt-way Industries, a move which will create a leading contract food manufacturer in North America, ...
Tags: Wind Point Partners, food
Post Holdings, the parent company of Post Foods and a manufacturer of ready-to-eat cereals, has reported that its net earnings for the second quarter of 2013 decreased 51.4% to $5.1m, compared with $10.5m for the same period in 2012. For ...
Tags: Attune Foods, Food
Post Foods, a US-based cereal brands manufacturer, has agreed to acquire the branded and private label cereal, granola and snacks business of Hearthside Food Solutions in an all-cash deal worth $158m. Hearthside Food Solutions is a ...
Tags: Post Foods, Food Solutions
Littlejohn & Co, a private investment firm based in Greenwich, Connecticut, has entered into an agreement to sell CTI Foods, a provider of custom food solutions to leading chain restaurants in North America. Under the agreement, ...
Tags: Littlejohn, CTI Foods
US-based Hillshire Farm, a brand owned by Hillshire Brands, has introduced three new Angus beef smoked sausage products to its portfolio. The new line of premium, pre-seasoned and pre-cooked Angus Beef offerings include Smoked Beef, ...
Tags: Hillshire Farm, smoked sausage products, sausage products
JBT FoodTech, an American food processing machinery provider owned by JBT, has announced that it has signed a freezing solutions contract worth $4m with an Asia-based food processor. Under the deal, JBT will supply and integrate new ...
Tags: JBT FoodTech, food processing machinery, freezing solutions contract
Food manufacturing and consumer goods giant Unilever has demonstrated skill in navigating choppy global waters by delivering a solid performance in its fourth quarter results to December 31, with sales up by 10.5% to €1.3bn and profits ...
Germany-based GEA food solutions has demonstrated GEA SmartPacker vertical packaging machines with new ultrasonic sealing technology. The feature that differentiates GEA's solution from other vertical packaging machines is the ultrasonic ...
Tags: GEA, food solutions, sealing technology
Plascon Food Solutions has unveiled the new Cook Chill Handle Bags and Cook Chill Bags on a Roll, which have been developed from multi-layer films designed to protect foods from oxygen and moisture while preserving taste, texture and aroma. ...
Tags: Plascon, Cook Chill Handle Bags, packing
Hain Celestial has today (22 August) been announced as the buyer of Premier Foods plc's spreads assets, including brands such as Hartley's jam and Sun-Pat peanut butter. The US food group had been linked to Premier's spreads business, ...
Tags: Hain Celestial, Premier Foods plc, peanut butter, food industry
Dutch organic food specialist Wessanen has seen its second-quarter profits slide as a result of lower sales volumes and higher marketing spend. The company today (25 July) booked net profits of EUR3.1m (US$3.8m) in the quarter, down from ...
Tags: Wessanen, second quarter profit, marketing spend, sales volume
German fruit processing company Zentis has announced the acquisition of Sweet Ovations, a US-based producer of sweet ingredients for dairy, frozen dessert, bakery, beverage, and foodservice products. Established in 1931, Sweet Ovations ...
Tags: fruit processing company, sweet ingredients for dairy, frozen dessert
JBT FoodTech,an American food processing machinery provider owned by JBT,has signed a freezing equipment supply contract worth$6m with a food processing company in US. Under the deal,JBT FoodTech will supply and install the freezers and ...
DuPont plans to establish a food application center in India,as a part of its plan to strengthen its food and nutrition business in the country.The new center will develop customized food solutions for the local market. The center would ...
Tags: food solutions, food application center, nutrition, health
JBT FoodTech, an American food processing machinery provider owned by JBT, has signed a $5m contract for the renovation of freezing equipment at a US-based food processing facility. Under the contract, JBT FoodTech will supply and support ...
Tags: food processing machinery, renovation of freezing equipment