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Idahon Foods, Megamex to Launch Refried Bean Products Under Herdez Brand
Aug 31, 2016Idahon Foods, a potato processing company, and MegaMex Foods, the owner of Herdez Brand, have entered into a licensing agreement. Under the agreement, the Idaho-based Idahon will be manufacturing and distributing the Herdez Brand products ...
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Nestle Plans to Sell Frozen Food Unit Davigel to Brakes Group
Apr 16, 2015Swiss food major Nestle is reportedly engaged in advanced level talks to sell its frozen food unit Davigel to Brakes Group, which is owned by Massachusetts based buyout fund Bain Capital. A person familiar with the situation told ...
Tags: Nestle, Brakes Group
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Grupo Herdez Has Agreed to Acquire Nestlé's Ice Cream Business in Mexico
Dec 24, 2014Grupo Herdez has agreed to acquire Nestlé’s ice cream business in Mexico, Helados Nestlé, for around MXN1bn ($68.7m). The acquisition covers an ice cream manufacturing facility in Lagos de Moreno, Jalisco, as well ...
Tags: Ice Cream, equipment, freezers, Agriculture
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Hormel Foods' Record Second Quarter Results Were Reported
May 23, 2014Hormel Foods Corporation (HRL) reported its performance for the fiscal year 2014 second quarter. All comparisons are to the second quarter of fiscal 2013. The company reported fiscal 2014 second quarter net earnings of $140.1 million, up ...
Tags: Hormel Foods, Grocery Products
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Hormel Foods Corporation Reported Its Performance for The Fiscal Year 2014 First Quarter
Feb 25, 2014Hormel Foods Corporation today reported its performance for the fiscal year 2014 first quarter. All comparisons are to the first quarter of fiscal 2013. The company reported fiscal 2014 first quarter net earnings of $153.3 million, up 18 ...
Tags: Hormel Foods, Refrigerated Foods
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Hormel Foods Reports Its Performance for The Fiscal Year 2013 Fourth Quarter and Full Year
Nov 28, 2013Hormel Foods Corporation today reported its performance for the fiscal year 2013 fourth quarter and full year. All comparisons are to the fourth quarter or full year of fiscal 2012. The company reported fiscal 2013 fourth quarter net ...
Tags: Hormel Foods Corporation, reported its performance, Fourth Quarter
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Herdez Unveiled a New Range of Cooking Sauces Which Are Available in Four Variant Flavors
Mar 29, 2013Herdez, a US-based salsa brand owned by Grupo Herdez, has unveiled a new range of Mexican Cooking Sauces. The new Herdez Mexican Cooking Sauces are available in four variant flavors, including Traditional Chipotle, Roasted Pasilla Chile, ...
Tags: cooking sauces, Herdez, Cooking
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Unilever Has Completed The Sale of Its Global Skippy Business Excluding China
Feb 4, 2013British-Dutch multinational company Unilever has completed the sale of its global Skippy business to Hormel Foods, excluding its operations in China where the transaction is pending regulatory approvals. The pending transaction is ...
Tags: Unilever, Foods, Hormel Foods
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Hormel Foods Will Acquire Unilever's Skippy Peanut Butter Business
Jan 5, 2013US-based Hormel Foods has entered into an agreement to acquire Skippy peanut butter business from Unilever United States for $700m, as part of its strategy to expand lunchtime offerings in the US and accelerate growth in China. The ...
Tags: Agriculture, Food, peanut butter
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Truvia Signs a Strategic Agreement with Grupo Herdez
Dec 14, 2012Truvia business has signed a strategic agreement with Grupo Herdez for the distribution and marketing of its Truvia sweetener in Mexico. Truvia is a stevia-based sugar substitute developed jointly by Coca-Cola and Cargill. Recently, ...
Tags: Truvia sweetener, Truvia, sugar, sweetener