The California location will house the company’s production facility and some administrative offices
March 13, 2015
The City of Fairfield, California’s economic development department announced that Just Desserts, an award-winning bakery, founded in San Francisco in 1974, is opening a 75,000 square-foot manufacturing facility at 5000 Fulton Drive in May 2015.
Del Monte adds foodservice and retail brands and expands production capabilities
March 11, 2015
San Francisco-based Del Monte Foods, Inc., producer of branded and private label canned fruit, vegetable, and tomato products, announced that it has completed the acquisition of the assets of Sager Creek Vegetable Company, a producer of specialty vegetables for the Foodservice and Retail markets headquartered in Siloam Springs, Arkansas.
The integration is expected to generate annual cost synergies of at least $20 million
March 11, 2015
Ingredion Incorporated, a global provider of ingredient solutions to diversified industries, announced that it has successfully completed the acquisition of Penford Corporation, a U.S.-based leader in specialty ingredients for food and non-food applications.
Starr has more than 25 years of experience baking a full range of cakes made with the quality ingredients for the North American market
March 9, 2015
Starr's products are sold to retail and foodservice customers across Canada and the United States and include a wide range of cake and dessert products such as Starr's signature coffee cakes, cheese cakes, loaf cakes, layer cakes, cupcakes, tarts, mousses and more.
Sale by Wessanen reported for approximately $55 millio
March 9, 2015
Brynwood Partners VII L.P. announced that its majority-owned portfolio company, Harvest Hill Beverage Company, has signed a definitive purchase agreement to acquire American Beverage Corporation from Wessanen for approximately $55 million.
Executive leadership team broadens with c-suite additions
March 4, 2015
Talking Rain®, makers of Sparkling ICE®,added John Peirano as Chief Marketing Officer (CMO) who joins recent hire Marcus Smith as Chief Financial Officer (CFO), and recently promoted Michael Lowes as Chief Operating Officer (COO).
Alliance Consumer Growth enters agreement to sell KRAVE Jerky to The Hershey Company
March 3, 2015
Alliance Consumer Growth (“ACG”), a consumer-focused investment firm, announced that its partner company KRAVE Jerky (“KRAVE”) has agreed to be acquired by The Hershey Company ("Hershey"). Terms of the transaction were not disclosed.
AccelFoods identifies and invests in emerging brands that show the highest potential to disrupt categories
February 26, 2015
AccelFoods announced an incoming class of new companies. Six hand-selected startups will join the roster of promising brands backed by the AccelFoods platform. Acceptance into the program is a passport to accelerated, strategic growth.