CEO promotion, investment capital to expand OFD’s capacity, development in new markets
November 11, 2016
Led by Jim Merryman and the OFD executive team, the investment funded the retirement buyout of several long-serving OFD managers and will enable OFD to accelerate investments in additional capacity at its Albany plants and elsewhere in North America. Headquarters and company management will remain in Albany.
Company completes spin-off of Lamb Weston business
November 11, 2016
Conagra Brands, Inc., formerly known as ConAgra Foods, Inc., has completed the previously announced separation of its Lamb Weston business. The company’s name change has also become effective.
Acquisition includes produce distribution business, fresh cut fruits and vegetables business
November 10, 2016
Under the terms of the agreement, SpartanNash will acquire Caito’s produce distribution business, fresh cut fruits and vegetables business, the company’s newly constructed Fresh Kitchen facility which is designed to process and package fresh-prepared foods, and the logistics business of BRT.
Jenny and James Marino to remain with company as it expands national distribution
November 8, 2016
The owners of Angelic Bakehouse announced that it has reached an agreement to sell the maker of non-GMO sprouted baked goods to Lancaster Colony Corporation, a maker of specialty foods based in Ohio.
Food production and distribution facility will support further market penetration into southwestern United States
November 7, 2016
The newly acquired production facility will further enhance the national footprint for the company’s Renaissance Food Group, LLC (RFG) business segment and position the segment to serve its growing customer base across the southwestern United States.
Faribault Foods Inc.'s beverage assets include a state-of-the-art, SQF Level III-certified manufacturing plant in Elk River, Minn., approximately 40 miles northwest of Minneapolis
November 4, 2016
Brynwood Partners VII L.P. announced that its majority-owned portfolio company, Harvest Hill Beverage Company, has acquired the beverage manufacturing assets of Faribault Foods, Inc. Based in Stamford, Conn., Harvest Hill was formed in June 2014 to acquire the Juicy Juice brand from Nestlé USA, Inc. Terms and conditions of the transaction, which closed today, will not be disclosed.
Beth Warren to bring commercial leadership, team management, food ingredient marketing expertise and more to the authority on dairy flavors
November 2, 2016
Edlong Dairy Technologies announces that Beth Warren will join the company as Chief Commercial Officer on October 26. She will be responsible for global sales, marketing and customer service. Her strategic emphasis will be on leading a team dedicated to the growth and development of innovative, authentic dairy flavors and taste technologies.