Tyson Foods has completed the acquisition of AdvancePierre Foods, a provider of ready-to-eat sandwiches, snacks and other food products, for about $4.2bn. The acquisition to expands its Tyson Foods’ portfolio of prepared foods and ...
Tags: Tyson Foods, sandwiches, snacks
Hormel Foods is in the late-stage talks to acquire Applegate Farms, a producer of organic hot dogs, bacon and sausages. This comes after the company acquired Muscle Milk maker CytoSport Holdings in August last year. The proposed deal ...
Tags: Hormel Foods, Bacon
US-based meat producer Tyson Foods has received approval from the antitrust division of the US Department of Justice (DOJ) for its previously announced $8.5bn purchase of Hillshire Brands. DOJ said that Tyson Foods has agreed to sell its ...
Tags: Tyson Foods, DOJ, Food
Tyson Foods has signed a deal to sell its poultry operations in Mexico and Brazil to JBS for $575m, as part of efforts to pay down debt associated with its $7.7bn purchase of Hillshire Brands. Tyson's Mexican operations will be ...
Tags: Tyson Foods, Poultry, Foods
US-based Tyson Foods has submitted an offer to acquire packaged foods company Hillshire Brands in an all-cash deal of $6.8bn. Tyson's offer of $50.00 per share in cash is expected to provide Hillshire shareholders with an immediate ...
Tags: Tyson Foods, prepared foods
American food company Hillshire Brands has signed a deal to acquire all the outstanding shares of packaged foods firm Pinnacle Foods for $6.6bn. Under the terms of the deal, each share of Pinnacle Foods common stock will be exchanged ...
Tags: Pinnacle Foods, Hillshire Brands
American food company Hillshire Brands has reported a 3.4% rise in its Q3 2014 net sales to $955m, compared to $924m in the same quarter a year ago. The increase in sales is attributable to positive price/mix in both the Retail and ...
Tags: Hillshire Brands, food company
Hillshire Brands, a US-based food company, plans to close its manufacturing facility in Florence, Alabama, a move which will result in about 1,100 job cuts. In a regulatory filing, the company said that continuing operations at the plant ...
Tags: Hillshire Brands, food company
Scientists and regulators investigating the mysterious spread of a deadly virus plaguing the U.S. pork industry are stepping up their scrutiny of what the nation's hog herd eats. With a dearth of solid leads, investigators are exploring ...
Tags: Agriculture, Food
Major food companies are keeping their word by removing 6.4 trillion calories from the U.S. marketplace in an effort to promote healthy weight, a new report says. The report, funded by the Robert Wood Johnson Foundation (RWJF), a ...
Tags: Food, Calories Cut
The Hillshire Brands Company today reported results for its first quarter of fiscal year 2014. Net sales increased 1% to $984 million over the prior year's first quarter Adjusted1 operating income of $76 million, down 24.4% versus the ...
Tags: Hillshire Brands, Food
Hillshire Brands, a US-based food company, has agreed to acquire Golden Island, a manufacturer of premium gourmet jerky products, for an undisclosed amount. Headquartered in Rancho Cucamonga, California, Golden Island produces more than ...
Tags: Hillshire Brands, Golden Island
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
US group Hillshire Brands has expanded its Jimmy Dean product range to include a number of savoury breakfast lines. The company has added to its Delights by Jimmy Dean range of frozen breakfast options to include a Flatbread Sandwich ...
Sara Lee Premium Meats, owned by US-based Hillshire Brands, has revamped the packaging of its turkey, chicken and ham deli meats in the deli segment and now feature the Heart-Check mark in the celebration of American Heart Month. The new ...
Tags: Premium Meats, chicken, deli meats