Cold Foods Industry News

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Cargill's animal nutrition business expanded its investment in the shrimp feed industry by purchasing Siamakme Aquatic Feeds Co., Ltd., a Thailand-based shrimp feed manufacturer.

Thermo Fisher Scientific Inc., Waltham, Mass., established the China Innovation Center in Shanghai, significantly expanding its research, development and training capabilities to support high-growth markets in the Asia-Pacific region.

Lamex Food Group, Bloomington, Minn., acquired Alterra, a Greek processor of frozen fruit and vegetables.

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.

Nestlé S.A. will invest $53 million to establish a new building that will expand the existing Solon, Ohio, R&D facility.

KOOL PAK Logistics, Portland, Ore., is the newest part of the KOOL PAK family of transportation companies.

GEA Refrigeration Technologies, York, Pa., opened a new Freezer Competence Center in Dijon, France.

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.