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Frozen Food Market Expected to Reach $306 Billion by 2020

North America and Europe together account for nearly 72% of the total market revenue
November 4, 2015
According to a new report published by Allied Market Research titled, "World Frozen Food Market"- Opportunities and Forecasts, 2014-2020," the global frozen food market would garner revenue of $306 billion by 2020, registering a CAGR of 4.1% during the forecast period of 2015-2020.
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Food Industry News

ConAgra Foods to Sell Private Label Operations to TreeHouse Foods

Under the terms of the agreement, ConAgra Foods will divest the vast majority of its private label operations, which are classified as discontinued operations
November 3, 2015
ConAgra Foods, Inc. announced that it has reached a definitive agreement to sell its private label operations to TreeHouse Foods for approximately $2.7 billion in cash, excluding transaction-related expenses.
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Food Industry News

Bunge, Solazyme Expand Joint Venture

Global teams to jointly commercialize algae oils and ingredients for sustainable, healthier foods
November 3, 2015
Manufacturing will take place in the JV’s world-class fully operational facility in São Paulo state, Brazil, site of the largest aerobic fermentation vessels in the world.
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Food Industry News

Swander Pace Capital Acquires Voortman Cookies

Based out of Burlington, Ontario, Voortman Cookies products are sold in retailers throughout the world
November 3, 2015
Based out of Burlington, Ontario, Voortman Cookies products are sold in retailers throughout the world.
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Wixon Adds Renee Santy, Food Scientist

Santy is responsible for the creation of private label customers’ requested new products
November 2, 2015
Renee Santy has joined Wixon, a manufacturer of seasonings, flavors and technologies for the food and beverage industry, as Food Scientist in the company’s Consumer Products Lab.
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Snyder's-Lance to Acquire Diamond Foods

Snyder's-Lance will acquire all outstanding shares of Diamond Foods in a cash and stock merger transaction for approximately $1.91 billion
October 29, 2015
Snyder's-Lance, Inc. and Diamond Foods, Inc. announced that they have entered into a definitive agreement under which Snyder's-Lance will acquire all outstanding shares of Diamond Foods in a cash and stock merger transaction for approximately $1.91 billion, including the assumption of approximately $640 million of indebtedness.
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Food Industry News

McGladrey Names 2015 Lifetime Achievement Award Winner

Sheldon Lavin, Chairman and CEO of OSI Group, LLC, takes top prize for outstanding leadership
October 29, 2015
McGladrey LLP, a provider of assurance, tax and consulting services focused on the middle market, announced the winner of the 2015 McGladrey Lifetime Achievement Award: Sheldon Lavin, Chairman and CEO of OSI Group, LLC, based in Aurora, Ill.
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Veggemo Non-Dairy Beverage Website

Global Gardens Group launches site as part of North American marketing strategy
October 27, 2015
Global Gardens Group Inc. announced the website launch for its proprietary "Veggemo" non-dairy vegetable based beverage line, that was recently named grocery top 10 innovative product of the year by Grocery Innovation Canada.
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Kerry Establishes Kerry Health and Nutrition Institute

Kerry Health and Nutrition Institute, supported by a Scientific Advisory Council, aims to educate, connect and advance scientific knowledge
October 27, 2015
To make the Kerry Health and Nutrition Institute easily accessible to health and nutrition professionals, a website by the same name has been launched simultaneously.
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