The buyout comes as food producers try to meet changing consumer tastes, which trend toward healthier offerings
November 25, 2015
Pinnacle Foods is buying Boulder Brands for about $710 million in a move that adds a line of health and wellness food brands to Pinnacle's offerings that include Birds Eye frozen foods, Duncan Hines frosting and cake mixes.
DuPont recognized as one of the world’s most innovative companies for fifth consecutive year
November 25, 2015
The program honors corporations and institutions around the world that are at the heart of innovation – creating new technologies and bringing them to life through commercialization.
Byron’s BBQ used popular food bloggers to encourage barbecue consumption during key selling seasons
November 23, 2015
To the delight of barbecue lovers everywhere, Byron’s BBQ joined forces with four influential food bloggers to inspire home cooks of all levels with delicious recipes and meal ideas.
Mr. Gress will continue to serve as Chairman during a transition period, expected to last approximately three months. After the transition period, the Company said Mr. Gress will step down as Chairman and director, and it expects Dr. Mink will be appointed to the Board of Directors.
Blaine McPeak will be promoted chief operating officer and will assume responsibility for all global operations
November 19, 2015
To further strengthen WhiteWave's management structure, Kevin Yost, President of Americas Fresh Foods, will be promoted to U.S. Group President of Americas Foods & Beverages, overseeing WhiteWave's U.S. businesses including Silk, So Delicious, Horizon, Wallaby Organic, Earthbound Farm and International Delight.
Conagra Brands to be a diverse portfolio of brands; Lamb Weston to be a foodservice supplier of frozen potatoes
November 18, 2015
Immediately following the transaction, which is expected to be completed in the fall of 2016, ConAgra Foods shareholders will own shares of both independent companies. The transaction is expected to be structured as a spin-off of the Lamb Weston business, tax-free to the Company and its shareholders.
World-class bulk storage and transfer facility improves service, reliability
November 16, 2015
Built and financed by American Crystal Sugar Company, the $40 million facility will be operated by USC, who will manage the sales and distribution to customers in the area.
thinkThin will increase Glanbia Performance Nutrition’s presence in the bar category and provide exposure to the rapidly expanding nutrition bar segment
November 16, 2015
Glanbia plc announced that it has agreed to acquire thinkThin, LLC (“thinkThin”) for a cash consideration of $217 million (the “Transaction”).