Pallet and container pooling solutions provider CHEP USA, Orlando, Fla., said it signed a multi-year contract for pallet pooling services with diversified foods giant ConAgra Foods, Omaha, Neb.
Diversified foods giant General Mills, Minneapolis, said it signed definitive agreements with PAI partners and Sodiaal to acquire a 51 percent controlling interest in Yoplait S.A.S.
Senior financial executives of global food and beverage companies expect to achieve improved financial performance in 2011, but foresee difficulty in sustaining profit margins and increasing market share.
Canadian meats processor and bakery giant Maple Leaf Foods, Toronto, said it entered into a new, four-year (C)$800 million revolving credit facility with a syndicate of Canadian, U.S. and international institutions.
Canadian food processing giant Maple Leaf Foods announced Saturday Chairman Wallace McCain, 81, died "after a lengthy struggle with pancreatic cancer."
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."
Who says there's no such thing as a free meal? To introduce its frozen pizza to more consumers, Dr. Oetker U.S.A., LLC, Mount Laurel, N.J., is preparing its second annual "Ristorante Sampling Tour."
RSS