American food company Heinz has announced that it has received all regulatory approvals to sell itself to the investment consortium comprised of Warren Buffett's Berkshire Hathaway and private equity firm 3G Capital. The transaction, ...
Tags: Heinz, Regulatory Approvals
Canada-based frozen food company McCain Foods has received approval from the European Commission (EC) to acquire the potato division of Belgian frozen vegetables producer PinguinLutosa Food for €225m The approval is conditional upon ...
Tags: frozen food, Food
The Chinese Ministry of Commerce has approved the previously announced agreement of Heinz takeover by an investment consortium comprised of Berkshire Hathaway and 3G Capital. The transaction, which remains subject to certain customary ...
Tags: Heinz, 3G Capital
The Competition Commission of India (CCI) has approved Warren Buffett's Berkshire Hathaway and 3G Capital proposed acquisition of American food company HJ Heinz. CCI said that the transaction is not likely to have any adverse effect on ...
Tags: Berkshire Hathaway, 3G Capital's Acquisition, Agriculture
US-based ConAgra Foods has reported that its net earnings declined by 57.2% to $120m for the third quarter of 2013, compared with $280.1m in the same quarter in 2012 due to costs related to its acquisition of Ralcorp, although the move ...
Tags: Conagra Foods, Net Earnings, Agriculture
McCain Foods is a privately owned company that was established in 1957 by four brothers in Canada. It is the world’s largest producer of chips and other oven-ready frozen food products. The company entered the UK market in the 1960s. ...
Tags: McCain Chips, Shelf Review, brand
American food company HJ Heinz is set to sell its packaged frozen food business Long Fong to China-based frozen food manufacturer Sanquan Foods for an undisclosed amount. The move is a part of Heinz's strategy to de- emphasize non-core ...
Tags: HJ Heinz, packaged frozen food, Long Fong
McCain Foods has completed the acquisition of Kitchens of Sara Lee (KOSL) Australia from Hillshire Brands.The transaction is valued at A$82m. The acquisition of KOSL includes a manufacturing facility at Lisarow, New South Wales, as well ...
US food company Hillshire Brands has completed the sale of its Australian subsidiary Kitchens of Sara Lee (KOSL) to McCain Foods (Aust), a subsidiary of McCain Foods, for A$82m ($85m). McCain Foods (Aust) entered into an agreement to ...
Tags: food company, Foods, frozen food
Dutch food firm Vion has entered into an agreement to sell its Oerlemans Foods to Baltussen Holding for an undisclosed amount, as part of its efforts to focus on its food operations in the Netherlands and Germany and on its global ...
Tags: Dutch, ood firm, Vion.Oerlemans Foods
Dutch food group Vion has entered into a deal to sell its frozen vegetables, fruit and potato products firm Oerlemans Foods to fresh vegetables producer Baltussen Holding. The struggling meat processor, which this month finalised a deal ...
Tags: Vion, Oerlemans Foods, food group
Fiscal 2013 Second-quarter Highlights(%cited vs.year-ago period amounts,where applicable): Diluted EPS from continuing operations of$0.51 as reported and$0.57 adjusted for items impacting comparability,up 19%as reported and up 16%on a ...
Tags: consumer foods, commercial foods, ConAgra Foods, profit
Chip giant McCain Foods has struck a deal to buy Dutch potato products manufacturer CêlaVíta. McCain announced the deal, signed for an undisclosed sum, yesterday (24 July) and said it would allow it to supply customers with a ...
Tags: McCain Foods, potato products, acquisition, company news
McCain Foods has signed a deal to buy the potato division of Belgian vegetable supplier PinguinLutosa. The deal, announced today (19 October), is based on an enterprise value of the division of EUR225m (US$293.2m). It encompasses ...
Tags: McCain Foods, potato division, PinguinLutosa, vegetable
Canadian food group Maple Leaf Foods is to offload a potato processing plant to local frozen potato firm Cavendish Farms. Meat and bakery processor Maple Leaf has agreed to sell its facility in Lethbridge in Alberta for around C$60m ...
Tags: Maple Leaf Foods, food company news, potato processing plant