Acquisition also includes an investment in Shaw Bakers
November 29, 2017
The total purchase price for the combined transactions is, subject to customary closing adjustments, $156.5 million (approximately CDN$200 million), consisting of $153.0 million in cash and $3.5 million in Premium Brands common shares.
Former Whole Foods Co-CEO plans to focus on ready-to-drink beverages
November 21, 2017
The company also welcomed consumer packaged goods industry veterans and trailblazers to its Board of Advisors, rounding out a leadership team with deep category experience and track record of success.
Original Philly Holdings consists of two business units: Original Philly Cheesesteak Company, which manufactures raw Philly Style sandwich steak products, and Philadelphia Pre-Cooked Steak Company
November 14, 2017
Tyson Foods, Inc. completed the acquisition of Philadelphia-based Original Philly Holdings, Inc., one of the nation’s leading producers of raw and fully-cooked Philly-style sandwich steak and cheesesteak appetizer products.
Move will help company create a vertically-integrated consulting group
November 14, 2017
Brisan is a twenty-one year old company with an expertise in food ingredients and supply chain, and these unique technical insights remain the core business and critical to their growth strategy. “Our ingredient goods and new services can now take a concept all the way through production,” explains Brian Vogt,
Prior to the acquisition, Cambrooke was a privately-held business led by investors Galen Partners and Seventure Partners
November 13, 2017
Cambrooke Therapeutics, Inc. (Cambrooke), an innovator in therapeutic nutrition for inborn errors of metabolism and ketogenic diet therapy, announced it has been acquired by Ajinomoto Co. Inc. (Ajinomoto), a worldwide leader in amino acids, pharmaceuticals, high-quality seasonings, processed foods, beverages, and specialty chemicals, through its subsidiary Ajinomoto North America, Inc. Prior to the acquisition, Cambrooke was a privately-held business led by investors Galen Partners and Seventure Partners.
The business will continue to operate as Cumberland Dairy and employees will retain their current positions
November 10, 2017
Dairy Farmers of America (DFA), a national dairy cooperative owned by family farmers, announced the acquisition of Cumberland Dairy; a family-owned processor of ultra-pasteurized dairy products located in Bridgeton, N.J.
All of PRANA’s products are 100% organic, non-GMO certified, gluten-free certified and SQF level 2 certified
November 9, 2017
The company will launch some of its top product lines in the United States, which can be found at various retailers, depending on the state, including Whole Foods, Vitamin Shoppe, Roundy’s and New Seasons.
Move will broaden Saputo’s presence in US specialty cheese market
November 9, 2017
Saputo Inc. announced that it has entered into an agreement to acquire Betin, Inc., doing business as Montchevre. Its activities are conducted at one manufacturing facility located in Belmont, Wisc. The business employs approximately 319 people.
Love You Foods is a mission-driven health and wellness food company selling low-carb "fat bombs" in convenient, on-the-go packages under the FBOMB brand
November 8, 2017
Popular FBOMBS include Salted Chocolate Macadamia Nut Butter, Coconut & Macadamia Nut Butter Blend, MCT Oil, and House Blend Oil.
Company inaugurates 5,000-square-foot Innovation Center after just over a year in business
November 7, 2017
CoreFX Ingredients, manufacturers of custom dry dairy, cheese and lipid ingredient solutions, inaugurated its 5,000-square-foot Innovation Center after just over a year in business as its own entity.