Schwan’s Company has acquired from Better Baked Foods and Drayton Foods from NE Foods. The terms of the sale were not disclosed. The acquisition represents the second in as many months for Schwan’s as it works to increase ...
Tags: Drayton Foods, Baked Foods
Healthy Food Ingredients (HFI) has acquired Minnesota-based purple-coloured corn maker Suntava Corporation. The acquisition will mean that the Suntava team will function as a unit of Healthy Foods Ingredients, which produces ...
Tags: HFI, natural colorants, purple corn
Wind Point Partners, a US-based private equity firm, is looking at options to sell its portfolio company Hearthside Food Solutions in a deal which reportedly could fetch more than $1bn. The private equity firm has appointed Barclays to ...
Tags: Wind Point, Food Solutions
c, a US-based cereal brands manufacturer, has acquired the branded and private label cereal, granola and snacks business of Hearthside Food Solutions in an all-cash deal worth $158m. Hearthside Food Solutions is a portfolio company of the ...
Tags: Post Foods, Food Solutions
US-based private equity firm Wind Point Partners is planning to merge two of its portfolio companies – Hearthside Food Solutions and Ryt-way Industries, a move which will create a leading contract food manufacturer in North America, ...
Tags: Wind Point Partners, food
Post Foods, a US-based cereal brands manufacturer, has agreed to acquire the branded and private label cereal, granola and snacks business of Hearthside Food Solutions in an all-cash deal worth $158m. Hearthside Food Solutions is a ...
Tags: Post Foods, Food Solutions
Glanbia Nutritionals has unveiled a new flaxseed ingredient, OptiSol 3000, which can be used to replace eggs in the preparation of baked foods. Glanbia stated that the new ingredient is a cost-effective alternative to eggs, and it is ...
Tags: Glanbia Nutritionals, flaxseed ingredient, baked foods
Allen Shiver, president of US baker Flowers Foods, has been named the company's new CEO. Shiver, who has spent over three decades at Flowers, will replace George Deese in May. Deese, also Flowers chairman, will become executive chairman. ...
Tags: Allen Shiver, US baker Flowers Foods, CEO
US baker Flowers Foods has reached an agreement with Hostess Brands to acquire its Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands for around US$360m. Flowers has emerged as the "stalking horse" bidder that, if the ...
Tags: US, baker, Flowers Foods, Hostess Brands
US baker Flowers Foods has reached an agreement with Hostess Brands to acquire its Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands for around US$360m. Flowers will also take on 20 of Hostess' bakeries and ...
Tags: US, baker, Flowers Foods, Hostess Brands
US-based baking company Flower Foods has signed two agreements to acquire certain bakery assets of Hostess Brands. The value of the total deal is approximately $390m. One of the agreements includes purchase of the Wonder, Nature's Pride, ...
Tags: US, Flower Foods, agreements, bakery assets, Hostess Brands
US baker Flowers Foods has reported a slight lift in third-quarter earnings, which were boosted by "solid" sales gains. In a regulatory filing yesterday (8 November) the company said net income rose to US$31.2m in the three months to 6 ...
Tags: baker Flowers, Flowers Foods, Flowers, Foods