According to the Chinese New Year, 2012 is the year of the dragon, but for many in the refrigerated and frozen foods industry, it was more like the year of mergers, acquisitions, buyouts, sellouts, resignations and new retail product launches.
ConAgra Foods entered into a definitive agreement to acquire the Bertolli and P.F. Chang’s Home Menu
frozen meals businesses from Unilever PLC for a total cash
consideration of $265 million.
Mike Milone, an executive vice president who led the dynamic growth of the company’s Rest of World segment, will retire in June after 32 years of service with H.J. Heinz Co.
Ryder System expanded its food packaging
and distribution capability by investing in significant enhancements to
its 327,000-square-foot food packaging and distribution center in
Beaver Dam, Wis.
Lakeside Foods installed two Bosch SVE 3600 WR continuous motion VFFS baggers integrated with 16-head Yamato scales in its Manitowoc, Wis., distribution center.