Sara Lee Corp., Downers Grove, Ill., said it expects by the end of this year to sell its North American Refrigerated Dough business to Ralcorp Frozen Bakery Products, Inc.
Kraft Foods Inc., Northfield, Ill., said former Oscar Mayer and Kraft Pizza exec Timothy P. Cofer will become president of Kraft Foods Europe effective in mid-August.
Prepared meat, entrees and bakery foods giant Sara Lee Corp., Downers Grove, Ill., said it hired Maria Henry as chief financial officer of Sara Lee’s North American operations.
William Blair & Company, Chicago, said it acted as exclusive financial advisor to Wenner Bread Products, Inc. in a recapitalization deal involving members of the bakery's founding family.
Frozen and canned organic products leader Amy's Kitchen, Santa Rosa, Calif., plans by January 2012, to renovate and operate a former Sara Lee bakery in Greenville, S.C.
Canadian meats processor and bakery giant Maple Leaf Foods, Toronto, said it entered into a new, four-year (C)$800 million revolving credit facility with a syndicate of Canadian, U.S. and international institutions.
One of Mexico's largest food processors, Mexico City-based Grupo Bimbo, said it has started building a wind farm large enough to generate 90 megawatts, enough power to supply 100 percent of the electric needs for 65 Bimbo facilities nationwide.
George Weston Limited said its subsidiary, Weston Foods (Canada) Inc. purchased ACE Bakery, a Toronto baker of frozen artisan and European-style rustic bread varieties, for $110 million.