Cold Foods Industry News

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National processed meats supplier Bar-S Foods, Phoenix, said it named Warren Panico as president and chief operating officer effective immediately.

Sara Lee Corp., Downers Grove, Ill., said it expects by the end of this year to sell its North American Refrigerated Dough business to Ralcorp Frozen Bakery Products, Inc.

Specialty foods giant Premium Brands Holdings Corporation, Vancouver, B.C., agreed to purchase all of the assets and operating divisions of Piller Sausages & Delicatessens Limited, Waterloo, Ont.

Refrigerated and frozen soups and dips processor Blount Fine Foods, Fall River, Mass., said it purchased  Neco Foods LLC, a refrigerated processor in Lantana, Fla.

San Francisco equity investor Huntsman Gay Global Capital (HGGC) said it purchased refrigerated pizza processor MaMa Rosa’s Pizza, LLC.

Looking to extend its healthy foods portfolio, Smart Balance Inc., Paramus, N.J., said it purchased Glutino Food Group, for $66.3 million from Claridge, a Montreal investments and holding company.

Kraft Foods Inc. said its board of directors intends by late 2012 to create two independent public companies.

Refrigerated and frozen all natural soups processor Kettle Cuisine, Chelsea, Mass., entered into a business partnership with Arlon Food and Agriculture Investment Program, New York, N.Y.

Northwest Dairy Association (NDA) leaders said they elected Jim Wegner to succeed John Underwood as president and CEO for both NDA and Darigold Inc.

A New York City private equity firm said it acquired the South Beach Diet brand in partnership with its founder, Dr. Arthur Agatston.