Inventure Foods has agreed to divest its frozen business unit to Oregon Potato Company (OPC) for $50m as part of its ongoing strategic and financial review. Under the terms of the definitive asset purchase agreement, the Arizona-based ...
Tags: Inventure Foods, Frozen Foods
Shareholders of Refresco Group have approved the acquisition of Cott's bottling activities for $1.25bn in cash. The deal is anticipated to close in the fourth quarter of this year subject to certain closing conditions and regulatory ...
Tags: Refresco Group, bottling
Organic and natural products company Hain Celestial Group has launched three new flavors of its Greek-Style Yogurt product range under the Greek Gods brand. Coming with a creamy and rich chocolate base, the three new flavors will be ...
Tags: Hain Celestial Group, Greek-Style Yogurt product, new flavors
Monogram Foods has acquired Massachusetts-based Progressive Gourmet, a manufacturer of frozen appetizers for an undisclosed sum. The acquisition will bring additional processing capacities and distribution for small bites foods, baked ...
Tags: Monogram Foods, Acquisition, Progressive Gourmet, Frozen appetizers
The Greek Gods brand has unveiled a high protein Nonfat Greek Yogurt with the inclusion of delicious Chia Seeds. The new yogurts are available in a 5.3 oz. single serve cup with chia seeds and vanilla or fruit on the bottom! Conveniently ...
Tags: The Greek Gods Brand, Chia Seeds, high protein Nonfat Greek Yogurt
US Foods has opened a new distribution center in Flowood, in the US state of Mississippi which will serve over 4000 clients across Mississippi and Louisiana. The new 272,000ft2 facility houses a demonstration kitchen featuring culinary ...
Snyder's-Lance has launched a new snack food division - Clearview Foods – in a move to focus on making of better-for-you snacking options. Clearview Foods will work on enhancing the brand value of Snack Factory Pretzel Crisps, Eat ...
Tags: Snyder's-Lance, Snack Food
Saputo (Saputo or the Company) reported today its financial results for fiscal 2014, which ended on March 31, 2014. All amounts in this news release are in Canadian dollars, unless otherwise indicated, and are presented according to ...
Tags: Agriculture, Food
American meat producer Tyson Foods has acquired the assets of Bosco's Pizza, in a move to expand its domestic prepared foods business. Bosco's Pizza, which is known for The Original Bosco Stick, produces a variety of stuffed bread sticks ...
Tags: Tyson Foods, Pizza
UK-based 2 Sisters Food Group has posted an operating profit of £25.5m ($41.6m) for the 13 weeks ended 26 October 2013 (Q1 2013/14), compared to £30.5m for the same period last year. Total like-for-like (LFL) sales increased ...
Tags: 2 Sisters Food, chilled foods
Bob Evans Farms, a US-based food company, has shut down its sausage production facility in Richardson, Texas, putting more than 100 jobs at risk. The company said that its decision will allow its BEF Foods division to better manage ...
Alfa, a Mexican conglomerate engaged in car parts and petrochemicals, is looking at options to launch an initial public offering (IPO) for its processed foods division Sigma Alimentos. Sigma produces dairy and meat products under Fud and ...
Tags: Sigma Food Unit, Food
Food firm Kerry Group has posted promising half yearly figures despite UK brands flat-lining in spreads and frozen food as a result of heavy promotions and the horsemeat effect. While the firm’s Richmond sausages, Wall’s ...
Tags: Kerry Food
Greencore's third quarter (Q3) results tell a tale of two regions, with strong progress in the US offsetting declines in its UK home market. Greencore's product mix includes a range of prepared meals Italian ready meals, poor weather ...
Tags: Agriculture, Food
Finsbury Food Group is stepping up investment in its core UK bakery division as it slashes debt and announces strong profits in an annual pre-close financial statement. Duffy: sale of 'free-from' business has proven 'hugely beneficial ...
Tags: Marvel, morning goods, Finsbury, free from, Thorntons, Disney, cake, bread