Michael Angelo's is the first investment by Sovos Brands, a new type of food and beverage company that seeks to acquire and build one-of-a-kind brands to establish a scale player in the consumer packaged goods industry.
February 3, 2017
Advent International, a Boston, Mass.-based global private equity investor, and its newly formed company Sovos Brands, San Francisco, completed the acquisition of Michael Angelo's Gourmet Foods Inc.
Previous studies showed a link between purchasing frozen dinners and the desire to save time, but researchers also found a link between parents working more hours per week and choosing to purchase pre-packaged, processed meals.
January 16, 2017
Researchers from the University of Minnesota, Minneapolis, and Duke University, Durham, N.C., examined reasons why parents purchase pre-packaged, processed foods.
Tandoor Chef produces authentic Indian cuisine in the form of entrées, appetizers, naan bread and naan pizza in vegetarian, vegan and gluten-free options.
Revolution Foods, Oakland, Calif., is helping busy families prepare better-for-you meals at home in minutes with Dinner Hero and Breakfast Hero, both speed-scratch meal solutions.
Lamb Weston’s portfolio will consist of frozen potato, sweet potato, appetizer and other vegetable products, as well as a continued presence in retail frozen products under licensed brands and private brands.
November 14, 2016
ConAgra Foods, Chicago, completed the previously announced separation of its Lamb Weston business, thus making the name change to Conagra Brands, Inc. effective immediately.