This strategic transaction represents an important step in Inventure Foods' ongoing strategic and financial review process to maximize shareholder value.
September 13, 2017
Inventure Foods, Inc., Phoenix, Ariz., announced plans to sell its frozen business, including the Rader Farms and Willamette Valley Fruit Co. brands, frozen fruits, vegetable blends, beverages and frozen desserts business to Oregon Potato Co.
Daiya produces a line of plant-based foods, including Greek yogurt alternatives, frozen pizza, frozen cheesecake, cream cheese-style spreads and cheese alternatives.
July 27, 2017
Canada-based Otsuka Pharmaceutical Co., Ltd. announced plans to acquire 100% of Daiya Foods Inc., a Canada-based manufacturer of plant-based foods.
Carvel, Atlanta, partnered with Rich Products Corp., Buffalo, N.Y., to create Carvel Ice Cream Cookie Cake, what is said to be the first in the grocery space.
Store brand/private label products account for nearly 20% of all frozen dessert sales, with packaged and novelties combined, and as much as half the sales in the sherbet/sorbet/water ice category.
Unilever, Englewood Cliffs, N.J., introduced 16 new frozen treats across five of its brands: Breyers, Good Humor, Klondike, MAGNUM Ice Cream and Popsicle.