Total consideration for three business acquisitions, including Red Arrow Products, Island Oasis and Wellmune, amounts to $735 Million
October 22, 2015
Kerry, a global taste & nutrition and consumer foods group, announced the acquisitions of U.S. based Red Arrow Products, Island Oasis and Biothera Inc’s Wellmune® business.
Acquisition, from Biothera Inc., focuses 100% natural food, beverage, and supplement ingredient
October 21, 2015
Kerry Group plc, a global taste and nutrition company, acquired Wellmune® from Biothera Inc., a natural food, beverage and supplement ingredient that is clinically proven to help strengthen the immune system.
Cargill is investing $111 million to convert its ground beef plant at Columbus, Neb., to a cooked meats facility and relocate ground beef production currently taking place there.
Claridge Inc. announced the sale of one of its portfolio companies, La Terra Fina USA
October 19, 2015
Claridge Inc. announced the sale of one of its portfolio companies, La Terra Fina USA, based in Union City, California, to an affiliate of HP Hood LLC, effective October 9 2015.
Maningat to assume role as Vice President of Ingredients R&D and Chief Science Officer
October 16, 2015
MGP, a producer of premium distilled spirits and specialty wheat proteins and starches, announced the appointment of prominent cereal food scientist Clodualdo “Ody” Maningat, Ph.D., to serve in the role of vice president of ingredients research & development and chief science officer.
IHOP names Smithfield Farmland Foodservice Vendor Partner of the Year as a result of menu and product innovations
October 16, 2015
The ceremony took place as part of the company’s annual International Franchise Conference, where franchisees and IHOP executives gathered to celebrate the brand’s success as the leader in the family dining category and collaborate on plans designed to build upon that lead in 2016.
Dan Morgan will be responsible for leading the expansion of the company’s sales and distribution efforts
October 15, 2015
BFY Holdings LLC (“BFY”), the better-for-you snack company which makes PopCorners® and other better-for-you branded and private label snack products, announced that Dan Morgan has been named President and Chief Sales Officer, effective immediately. Mr. Morgan will be responsible for leading the expansion of the company’s sales and distribution efforts for both branded and private label products and will report directly to BFY’s Chief Executive Officer, Paul Nardone.