Cullen Agricultural Holding Corp., Waynesboro, Ga., and Long Island Brand Beverages LLC (LIBB), Hicksville, N.Y., jointly announced that they have entered into a definitive agreement to merge their respective companies.
Strategy that began with the company's primary pork processing operations
December 29, 2014
Maple Leaf Foods provided an update on the completion of its network transition, a strategy that began with the company's primary pork processing operations, and since 2010 has focused on its prepared meats plants and distribution network.
Agreement gives GSF/KanPak control of state-of-the-art production plant for aseptic dairy products
December 23, 2014
Golden State Foods (GSF)-owned KanPak U.S., a supplier of specialty beverages and desserts, announced that it has finalized the acquisition of the Emmi Penn Yan Factory, a production facility for aseptic dairy products in Penn Yan, N.Y.
Canada Bread has reached an agreement to purchase total shares of bakery outfit
December 23, 2014
Grupo Bimbo S.A.B. de C.V. announced that its subsidiary Canada Bread Company, Limited ("Canada Bread") has reached an agreement to acquire the total shares outstanding of Saputo Bakery Inc., a subsidiary of Saputo Inc., for an aggregate cash price of CAD$120 million.
Combination results in world's largest branded shelf-stable seafood company
December 22, 2014
Bumble Bee Seafoods, North America's largest branded shelf-stable seafood company, today announced it has been acquired by Thai Union Frozen Products Public Company Limited (TUF). TUF entered into a binding agreement to obtain 100 percent of the shares of Bumble Bee Foods, LLC from Lion Capital, a pan-Atlantic private equity firm, for a total purchase price of USD 1.51 billion.
The new plant will produce Project Peanut Butter’s peanut-based Ready to Use Therapeutic Foods
December 19, 2014
The Hershey Company in partnership with Project Peanut Butter, announced that the project’s newest manufacturing facility – located in Kumasi, Ghana -- is now beginning full operation. The new plant will produce Project Peanut Butter’s peanut-based Ready to Use Therapeutic Foods (RUTFs) endorsed by leading NGOs1 as the world’s most effective treatment for severe childhood malnutrition.
Cahill will succeed Tony Vernon who will retire in late December
December 18, 2014
Kraft Foods Group, Inc. announced that its board of directors has named John Cahill, Chairman of the Board of Directors, to the position of Chairman and Chief Executive Officer of Kraft Foods.
New facility in Portsmouth, N.H. showcases an updated corporate brand and mission
December 16, 2014
High Liner Foods Incorporated announced the official opening of its newly-constructed U.S. headquarters, a 38,000-square-foot state-of-the-art facility located at the Pease International Tradeport in Portsmouth.
Company selected Erlanger, Ky., as site for new facility
December 13, 2014
Archer Daniels Midland Company announced that it has selected Erlanger, Ky., as the site for its new information technology and support center. The center, which will open in the second half of 2015, will be located on the same campus as ADM’s WILD Flavors Erlanger offices.