The Kroger Co. and Harris Teeter Supermarkets, Inc. announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Harris Teeter for $49.38 per share in cash.
Altamont Capital Partners, Palo Alto, Calif., acquired Richard's Cajun Foods, a Church Point, La., manufacturer of authentic Cajun food products, and the Blue Ribbon bacon and sausage brand from Atlantic Premium Brands Ltd., Houston, Texas.
Paul Bulcke, chief executive officer of Nestlé S.A., and Dick Boer, chief executive officer of Royal Ahold, were elected co-chairs, replacing Muhtar Kent, chairman and CEO of The Coca-Cola Co., and Gareth Ackerman, chairman of Pick ‘n Pay Holdings Ltd.
Arbor Investments, Chicago, completed the acquisition of The New French Bakery, Inc., a Minneapolis-based producer of premium branded and private label take-and-bake, par-baked and fresh artisan breads.
Ruiz Food Products, Inc., Dinuba, Calif., announced plans to a 50,000-square-foot expansion of its Denison, Texas, manufacturing and distribution facility.
M.G. Waldbaum Co., a subsidiary of Michael Foods, Inc., Minnetonka, Minn., entered into an agreement to acquire the assets of Primera Foods Corp., a Cameron, Wis.-based liquid egg producer.