Kroger plans to finance the transaction with debt and refinance Roundy's existing debt of $646 million based on market conditions
November 16, 2015
The Kroger Co., Cincinnati, and Roundy’s Inc., Milwaukee, announced a definitive merger agreement on Nov. 11 under which Kroger will purchase all outstanding shares of Roundy’s for $3.60 per share in cash. The terms of the agreement were unanimously approved by the boards of directors of both companies.
Consumers appear unfazed by new research linking particular foods with health conditions
November 13, 2015
A World Health Organization study showing a link between processed and red meat consumption and cancer raises the question, will consumers reduce their intake of these foods?
Gorton's to simplify ingredients and introduce new, cleaner recipes for all of its products by the end of 2017
November 13, 2015
And today, in an effort to bring such ingredients to the forefront, Gorton's announced a commitment to simplify ingredients and introduce new, cleaner recipes for all of the brand's items by the end of 2017.
Evans joins AB Mauri after spending more than 31 years in academic and research positions
November 13, 2015
In his new role, Evans will lead the St. Louis-based yeast innovation team in the origination, design and development of AB Mauri’s yeast innovation projects.
New president Jared Konstanty oversees transition to Connecticut
November 12, 2015
The brand bid farewell to Englewood, NJ and moved manufacturing and supply efforts in its homegrown state of Indiana (with co-manufacturing agreements across the country).
AmTech Ingredients is a producer and supplier of powdered specialty food ingredients
November 11, 2015
Barentz International and U.S. based AmTech Ingredients LLC announced its strategic cooperation for the production and distribution of specialty ingredients across the United States.
Company grows smoothie footprint to more than 800 locations worldwide
November 11, 2015
This most recent acquisition expands Kahala Brands' list of smoothie concepts to four nationally recognized brands and to 17 brands within its entire portfolio.
Move comes as part of ongoing commitment to nutrition and taste
November 11, 2015
KIND announced that it is reducing added sugar across its original Fruit & Nut bar portfolio. This effort, which started in late 2014, is part of KIND's brand promise to offer wholesome and tasty snack choices.