California-based BakeMark has acquired Best Brands from CSM Bakery Solutions. This acquisition includes the brand and product portfolio. Jim Parker, President & CEO of BakeMark, noted, "The Best Brands line offers a rich history of ...
Tags: BakeMark, CSM Bakery
Duke Food Productions has acquired a new 110,000ft2 manufacturing facility in Texas, marking its first expansion outside its home state of South Carolina. Over the next five years, the food manufacturer expects to invest $10m in the plant ...
Tags: Duke, expansion, investment
Frozen bakery products manufacturer Vandemoortele will acquire Lanterna-Agritech (LAG), a producer of frozen focaccia and bread in Italy. The acquisition will enable Vandemoortele to boost its bakery products business in Italy, as well ...
Tags: frozen focaccia, bread, Agriculture
Maplehurst Bakeries, a unit of Canada-based Weston Foods, is planning to invest $77.8m in the expansion of its production plant in Lebanon, Indiana. The investment will be used to renovate and equip a new plant in Lebanon which will ...
Tags: Maplehurst Bakeries, Lebanon, Food
a unit of Canada-based Weston Foods, is planning to invest $77.8m in the expansion of its production plant in Lebanon, Indiana. The investment will be used to renovate and equip a new plant in Lebanon which will cover an area of around ...
Tags: Maplehurst Bakeries, Lebanon, Food
Maple Leaf Foods Inc. today reported its financial results for the fourth quarter and full year ended December 31, 2013. Adjusted Operating Earnings(1)(2)(3) for the fourth quarter was a loss of $21.7 million compared to Adjusted ...
Tags: Maple Leaf Foods, Food
South Coast Baking, a US-based frozen bakery products maker, is set to open its second production facility in Springdale, Arkansas. The plant will produce frozen cookie dough for food retailers in the country. Initially, the company ...
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum. Gelit, based in Cisterna di Latina, employs around 130 staff and produces frozen ready meals for sale in the US and Italy. The ...
Tags: Ralcorp Holdings, frozen ready meals, food industry, company news
US-based ConAgra Foods, the packaged food provider, has announced the acquisition of Ralcorp, the manufacturer of private label food in the US, for approximately $6.8bn, which includes the assumption of debt. ConAgra Foods CEO Gary Rodkin ...
Tags: ConAgra Foods, Acquire, Ralcorp, packaged food provider, food
US private-label food group Ralcorp Holdings has reported an increase in third-quarter profits, helped by higher sales and a gain from hedging contracts. Ralcorp, which makes cereals, sauces and pasta for US retailers, booked net earnings ...
Tags: private-label food, cereals, sauces, pasta, stocks