Cinnabon has introduced new Crafted by Cinnabon cinnamon rolls, the brand's first line of fresh bakery treats. The new Crafted by Cinnabon line delivers the same fresh-baked quality and signature ingredients that guests have come to love ...
Tags: Bakery Treats, Cinnabon
B&G Foods has announced a 49.2% increase in net sales for the July-September quarter of this year. Highlights (vs. year-ago quarter where applicable): Net sales increased 49.2% to $318.2 millionNet income increased 63.6% to $32.4 ...
Tags: B&G Foods, Financial Results
Ben E. Keith Company has acquired MenuMax, a recipe and menu management software company that provides innovative solutions for the foodservice industry. The sale was complete on November 1, 2016 and terms of the acquisition were not ...
US-based Avery Dennison’s Printer and Fastener Solutions (PFS) division has introduced a new automated food labelling printing system, Monarch Freshmarx 9417+. The Monarch Freshmarx 9417+, which is part of Avery Dennison’s ...
Avery Dennison has launched new Monarch Freshmarx 9417+ food labeling printing system. The Monarch Freshmarx 9417+ solution is the latest addition to Avery Dennison’s food freshness labeling product family encompassing hardware, ...
Flour-milling and ingredient company Ardent Mills has entered into an agreement with Armour Specialty Marketing to produce and sell Ultragrain Pasta into the foodservice and food manufacturing channels. Ultragrain Pasta will be available ...
Tags: Flour-milling, Ultragrain Pasta
Performance Food has announced that more than 92% of the imported and domestic farm-raised seafood volume in PFG brands is certified sustainable by the Global Aquaculture Alliance. In addition, more than 97% of the fresh and frozen, ...
Tags: Performance Food, seafood
Premium Brands Holdings has acquired 100% of the shares of Ontario based Belmont Meat Products for $50m. The purchase price of the acquisition is subject to certain customary adjustments. Premium Brands will be paying $49.2m in cash ...
Tags: Belmont Meat Products
Campbell Soup Company has appointed Ed Carolan as president for Campbell Fresh (C-Fresh). Carolan, 47, will lead the division that includes Bolthouse Farms beverages, salad dressings and carrots, Garden Fresh Gourmet salsa, hummus and ...
Tyson Foods has acquired a 5% stake in Beyond Meat, a Los Angeles-based producer of plant-based meat substitutes. The investment was provided via a fundraising initiative by Beyond Meat. It will provide additional capital to help the ...
Tags: Tyson Foods, stake, Beyond Meat
US based Hispanic refrigerated foods company Del Real Foods has received an undisclosed investment from an affiliated private equity fund of Palladium Equity Partners. Del Real will utilize the investment to take its products into new ...
Tags: Del Real Foods, investment, Palladium Equity
US-based sandwich producer AdvancePierre Foods has acquired raw and cooked beef and chicken Philly steak product maker Allied Specialty Foods from Steven Zoll for $60m in cash. However, the transaction amount is subject to certain ...
Tags: AdvancePierre Foods, Allied Specialty Foods, acquisition
Cargill has announced that its three food ingredients have been verified by Non-GMO Project. Cargill's erythrtol, cane sugar and high oleic sunflower oil are now Non-GMO Project Verified and commercially available. Cargill took this ...
Tags: Cargill, Non-GMO Project
South Africa-based Rhodes Food Group has announced plans to acquire domestic food producer Pakco for R200m ($14.5m), as part of its expansion strategy. Pakco owns popular brands, including the iconic Bisto brand, Hinds, Buffalo, Southern ...
Tags: Rhodes Food Group, Pakco, acquisition
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results