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SUPERVALU completes sale of Save-A-Lot

SUPERVALU will continue providing certain back office services to Save-A-Lot.
December 5, 2016
SUPERVALU INC., Eden Prairie, Minn., finalized the sale of its Save-A-Lot business to an affiliate of Onex Corp., Canada.
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Frozen bakery products market worth $23.48B by 2022

Increase in demand for convenient food products and the trend for greater taste, safety and consistency are the major factors driving the global frozen bakery products market.
December 5, 2016
The frozen bakery products market is said to be worth $23.48 billion by 2022 at a CAGR of 7.9%, according to a report from Markets and Markets.
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Tyson Foods creates venture fund to fuel the future of food

Tyson will make available $150 million to the fund, which has been named Tyson New Ventures LLC, to complement the company's continuing investments in innovation in fresh meats, poultry and prepared foods.
December 5, 2016
As part of its commitment to innovation and growth, Tyson Foods, Inc., Springdale, Ark., launched a venture capital fund focused on companies developing breakthrough technologies, business models and products to sustainably feed a growing world population.
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Scotsburn Cooperative to sell assets to Agropur Cooperative

Agropur will assume all responsibilities under Scotsburn’s collective bargaining agreements in place for nearly 260 employees.
December 2, 2016
Scotsburn Cooperative Services Ltd., Canada, entered into a binding deal to sell substantially all of its assets to Agropur Cooperative, Canada.
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