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 foodservice and contract food processor Overhill Farms Inc., Los Angeles, released second quarter earnings last Friday and noted that "the company is in discussions regarding a significant potential acquisition and has retained BofA Merrill Lynch."
Frozen bakery and snacks leader J&J Snack Food Corp., Pennsauken, N.J., said it expects by the end of this May to buy ConAgra Foods' frozen hand-held products business.
ConAgra Foods, Omaha, Neb., said its CEO Gary Rodkin joined Lamb Weston President Jeff DeLapp, Louisiana Gov. Bobby Jindal and others to officially open ConAgra Foods Lamb Weston's new sweet potato processing plant in Delhi, La.
J&J Snack Foods Corp., Pennsauken, N.J., said Vincent Melchiorre, an executive vice president with the company's food group and the president of Country Home Bakers, Shelton, Conn., will resign effective September 3, 2010.
Frozen bakery and prepared foods are key growth areas for Swiss global bakery foods giant Aryzta AG, which expected by July to complete two acquisitions valued at $1.08 billion.
The state of Kentucky reported that The Kroger Co. will spend $10.6 million to add 50,000 square feet to its 177,000-square-foot Country Oven Bakery in Bowling Green, Ky.