Post Holdings has agreed to acquire Ohio-based sausage maker Bob Evans Farms for nearly $1.5bn to strengthen its position in refrigerated retail and food-service channels. The acquisition, which will see the American packaged foods ...
Tags: Post Holdings, Sausage
Post 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
US-based ConAgra Foods has completed the spin-off its Lamb Weston business to become a singularly focused, consumer branded food company. The company has been changed to Conagra Brands to reflect the new direction and streamlined focus. ...
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Post 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 ...
Cereal 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
US-based ConAgra Foods Lamb Weston and its Netherlands-based partner Meijer Frozen Food have announced to form a new joint venture to cater to the Russian market. The establishment of the joint venture is subject to approval from Federal ...
Tags: joint venture, FAS, ConAgra Foods
Hearthside Food Solutions is investing in the US and Europe to increase its bar production, under two separate agreements. The company will acquire VSI, a producer of nutrition, diet, and functional bars in Europe, as well as a ...
Tags: functional bars, Hearthside Food
Cereal maker Post Holdings is planning to consolidate its ready-to-eat cereal business with MOM Brands, a move that will put around 200 jobs at risk. The new business, Post Consumer Brands, will be moved to Minnesota. The company will ...
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Swiss 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
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
St. 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
Cereal maker Post Holdings has agreed to acquire ready-to-eat and natural cereals producer MOM Brands, in a $1.15bn deal. An agreement to this effect was signed by MOM Brands. MOM Brands offers Malt-O-Meal brand ready-to-eat cereals, ...
Tags: hot cereals, Agriculture
Post 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
Post Holdings has completed the takeover of Golden Boy Foods and Dymatize Enterprises in two separate transactions. The acquisitions are in line with the company's efforts to expand into the private label and active nutrition segments. ...
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Post Holdings is set to acquire Golden Boy Foods and Dymatize Enterprises in two separate transactions, to further expand into the private label and active nutrition segments. Golden Boy is a North American manufacturer of private label ...
Tags: Post Holdings, Golden Boy Foods, Dymatize Enterprises, nutrition, food