Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
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
Inventure Foods, Inc., a leading specialty food marketer and manufacturer, today reported financial results for the third quarter ended September 28, 2013. Quarter Overview Consolidated net revenues for the 2013 third quarter were $54.5 ...
Tags: Inventure Foods, food marketer
Seneca Foods has completed the acquisition of Washington-based canned fruit manufacturer Independent Foods. Independent produces branded and private label canned pears, apples and cherries. "We believe that these operations are a ...
Tags: Seneca Foods, acquisition, canned fruit, Independent Foods
China's competition officials are still weighing Dole Food Co's deal to sell its global packaged food and Asian fresh businesses to Japan's Itochu Corp, forcing the two firms to delay completion of the sale. Dole had hoped to sign-off ...
Tags: Dole Food Co, global packaged food, fresh businesses, company news
Hain Celestial is to sell its UK sandwich business Daily Bread to Adelie Food Group in return for the local firm's prepared fruits business. The US group said the deal with Adelie, which supplies products including salads, quiches and ...
Tags: Hain Celestial, sandwich business, fruit business, food industry
Dole Food Co. has reported a smaller third-quarter loss - but its shares fell after Wall Street forecast a profit. The produce group booked a net loss of US$13.9m, or a loss per share of $0.06 for the quarter to 6 October. However, ...
Tags: Bottom Line, Shares, packaged food business