Prepared Foods talks innovation, inspiration with Rich Products leaders Bill Gisel, CEO, and Richard Ferranti, president and chief operating officer
October 18, 2018
Rich’s has annual sales exceeding $3.8 billion and operates in more 100 locations globally. Its refrigerated and frozen products range from cakes and icings to pizza, appetizers and specialty toppings and it distributes to operator customers in foodservice, retail, and in-store bakery, deli and prepared foods.
SlimFast is a weight management and health & wellness brand family distributed primarily in the food, drug, mass and club channels
October 11, 2018
In 2017, SlimFast delivered $212 million net sales, adjusted EBITDA (before non-recurring costs) of $24 million and, after non-recurring supply chain transition costs, a net loss before tax of $12 million. The gross assets of SlimFast at its 2017 financial year end were $136 million. Glanbia plans to operate SlimFast within its Performance Nutrition segment.
Under the terms of the agreement, Layn will continue to service its existing clients for the duration of those commitments while Firmenich becomes the exclusive distributor of Layn’s natural sweetener ingredients
September 17, 2018
This agreement combines high quality, traceable and responsibly-sourced raw materials with industry-leading innovation for Layn’s sweetener solution products.
Pirate Brands will operate within Amplify, Hershey’s better-for-you snacking hub in Austin, Texas
September 13, 2018
Pirate’s Booty is a fast-growing brand in the more than $2.5B cheese puffs category, with retail sales up over 8% on a year-over-year basis, and a market leader for consumers seeking snacks with clean labels and no artificial flavors, colors or preservatives.
Deal includes Hungry Jack® Brand and other assets from The J.M. Smucker Company
September 4, 2018
The portfolio of acquired brands includes the exclusive US rights to the Pillsbury® branded shelf-stable baking and dessert products and use of the iconic Pillsbury Doughboy in these categories. Also included in the company's portfolio is the Funfetti®, Hungry Jack®, White Lily®, Jim Dandy® and Martha White® brands.
PepsiCo's global reach combined with SodaStream's differentiated and unique product range will position SodaStream for further expansion
August 21, 2018
PepsiCo's strong distribution capabilities, global reach, R&D, design and marketing expertise, combined with SodaStream's differentiated and unique product range will position SodaStream for further expansion and breakthrough innovation.
The acquisition includes six processing plants and an innovation center in the US
August 20, 2018
Headquartered in West Chester, Penn., Keystone supplies chicken, beef, fish and pork to some of the world’s leading quick-service restaurant chains, as well as retail and convenience store channels. Its value-added product portfolio includes chicken nuggets, wings and tenders; beef patties; and breaded fish fillets.
The initial investment is uniquely structured to create value for both companies and allow Coca-Cola to increase its ownership stake in the future under defined terms
August 15, 2018
The brand will continue to operate independently with the same entrepreneurial spirit that has made it so successful under the leadership of co-founder and chairman Mike Repole and his BODYARMOR management team