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Michael Foods
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Post Holdings Settles Egg Antitrust Class Action Lawsuit Against Michael Foods for $75m
Dec 16, 2016Post Holdings has agreed to settle the egg antitrust class action claims against its subsidiary Michael Foods in the US, with a $75m payment. A class action lawsuit, In re Processed Egg Products Antitrust Litigation, was lodged in 2008 in ...
Tags: Post Holdings, Egg
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Post Holdings to Convert Michael Foods’ Bloomfield Egg Layer Farm to Cage-Free Operation
Sep 6, 2016Post Holdings, a consumer packaged goods holding company, has announced its Michael Foods business will be converting its egg layer farm located in Bloomfield, Nebraska to a cage-free operation. In response to increasing customer demand ...
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Post Holdings to Acquire National Pasteurized Eggs
Sep 6, 2016Cereal maker Post Holdings’ subsidiary Michael Foods has entered into an agreement to acquire National Pasteurized Eggs (NPE) for undisclosed sum. NPE offers pasteurized shell eggs under the Davidson’s Safest Choice brand and ...
Tags: Michael Foods, Post Holdings, NPE
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Michael Foods Relaunching Pasteurized Shell Eggs
Mar 22, 2016Michael Foods is re-launching its Papetti's pasteurized shell egg products in the foodservice marketplace. Effective May 1, 2016, foodservice distributors and operators will be able to purchase these products for their businesses and ...
Tags: Michael Foods, Shell egg products
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Bacon Producer Applegate Farms Is Acquired by Hormel Foods
Feb 15, 2015Hormel 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
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Post Holdings Net Sales of $1,073.9m, an Increase by 261.6%, Compared to The Previous Year
Feb 9, 2015St. Louis-based Post Holdings has posted results for the first quarter of 2015, recording net sales of $1,073.9m, an increase by 261.6%, compared to the previous year. Gross profit of the company increased $134.6m to $249.1m for the first ...
Tags: Post Holdings, potato products
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Post Holdings Has Signed a Deal to Buy Michael Foods
Apr 21, 2014Post Holdings, the parent company of Post Foods and a manufacturer of ready-to-eat cereals, has signed a deal to buy Michael Foods from GS Capital Partners, Thomas H Lee Partners and others. Michael Foods supplies egg products, ...
Tags: Egg Distributor
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Michael Foods Group Today Reported Financial Results for The Fourth Quarter of 2013
Mar 25, 2014Michael Foods Group, Inc. today reported financial results for the fourth quarter of 2013. Net sales for the quarter ended December 28, 2013 were $512.7 million, compared to $503.6 million in 2012, an increase of 1.8%. Net earnings for ...
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Tyson Foods Is Considering The Acquisition of Egg Distributor Michael Foods Group
Jan 21, 2014American meat producer Tyson Foods is reportedly considering the acquisition of egg distributor Michael Foods Group, owned by a private equity unit of Goldman Sachs Group. The deal, which is seen worth over $2bn, will help the two ...
Tags: Michael Foods, Tyson Foods
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Michael Foods Is Exploring for a Possible Sale in an Effort to Fetch Over $2bn
Dec 20, 2013US-based food processor Michael Foods Group, which is owned by a private-equity affiliate of Goldman Sachs Group, is reportedly exploring for a possible sale in an effort to fetch over $2bn. The company is preparing detailed financial ...
Tags: Michael Foods, food processor
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Michael Foods Has Commenced Work on Expansion at Its Wakefield,Farm and Processing Plant
Dec 17, 2013Food processor Michael Foods has commenced work on a $33m expansion at its Wakefield, Nebraska, farm and processing plant. The two-phase project includes expansion of the facilities and installation of new equipment. In the first phase, ...
Tags: Michael Foods, Nebraska Plant
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Michael Foods Has Announced Plans to Shut Down an Egg Processing Facility
Aug 20, 2013US-based Michael Foods has announced plans to shut down an egg processing facility in Winona County, Minnesota in about six months, a move which will lead to 40 job losses. The company gained ownership of the facility through its ...
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MG Entered Into an Agreement to Acquire The Assets of Primera Foods,a US-Based Producer
Jun 24, 2013MG Waldbaum, a subsidiary of Michael Foods, has entered into an agreement to acquire the assets of Primera Foods – a US-based producer of processed egg products. The deal includes Primera's manufacturing assets located in Britt, ...
Tags: Primera Foods, MG Waldbaum, Agriculture&Food
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Michael Foods Has Booked an Increase in First-Half Net Profit as Lower Financing Costs
Dec 13, 2012Michael Foods has booked an increase in first-half net profit as lower financing costs, improved margins and higher sales boosted the bottom line. The US egg packer said today (14 August) its net earnings for the six months to 30 June ...
Tags: Michael Foods, first-half net profit, lower financing costs
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Michael Foods Has Booked an Increase in Third-Quarter Profits
Dec 13, 2012US food group Michael Foods has booked an increase in third-quarter profits on the back of higher sales and lower finance costs. The company, which manufactures a range of egg lines, refrigerated potato items and dairy products, posted ...
Tags: Michael Foods, third-quarter profits, higher sales, lower finance costs
