Ferrero and Wells are both family companies with extensive confectionery and ice cream experience, quality products, proud heritage and a strong portfolio of well-loved brands.
The new company is well-positioned for accelerated growth across multiple categories with its innovative portfolio of goat, cow, and plant-based products.
Grass Fed Foods, LLC becomes the foremost outlet for grass fed beef products, bringing together California-based SunFed Ranch and industry pioneer Teton Waters Ranch.
With the acquisition, Danfoss adds the world's largest portfolio of semi-hermetic compressors for natural refrigerants such as CO2 (R744), hydrocarbons, and other low-GWP refrigerants to its already strong portfolio of oil-free centrifugal compressors, inverter-scroll, reciprocating and screw compressors, and condensing units.
FreshEdge, a family of fresh food distribution companies, including four fresh-cut processing operations and a USDA fresh kitchen, was purchased by Chicago-based Wind Point Partners, from Rotunda Capital Partners.
The deal closed on September 8 and represents a significant investment that will fuel McCain's growth and expansion in the frozen vegetable appetizer space.
The 217,540-square-foot temperature controlled food production and distribution facility is occupied by Safeway, an agriculture and food manufacturing company.