Cold Foods Industry News

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Natural and premium beef products supplier Meyer Natural Foods, Loveland, Colo., said it purchased the Dakota Beef brand.

Poultry processor Townsends, Inc., Georgetown, Del., said that it and four wholly owned subsidiaries filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code.

Global food equipment and energy technologies supplier GEA Group Aktiengesellschaft, Bochum, Germany, said it expects by mid 2011 to purchase Convenience Food Systems (CFS).

Logistics software specialist LeanLogistics, Holland, Mich., said foodservice cheese processor Schreiber Foods, Green Bay, Wis., will begin using LeanLogistics' transportation management software.

The Yucaipa Companies LLC, Los Angeles, said it raised $375 million in new equity funding to complete its purchase of Versacold International Corp.

Pilgrim's Pride, the nation's second largest chicken processor, will open the new year with new leaders.

A day after its general announcement, frozen seafood processor High Liner Foods Incorporated, Lunenburg, N.S., said it has plans to acquire Viking Seafoods, Inc.

Frozen seafood processor High Liner Foods Incorporated, Lunenburg, NS, said it agreed to purchase an undisclosed "value-added foodservices company based in North America with annual revenues of approximately CDN$40 million."

Refrigerated juice processor Sunny Delight Beverages Co. (SDBC), Cincinnati, said it will spend more than $70 million to (1) upgrade its five North American manufacturing facilities.

Grocery retailer and wholesaler SUPERVALU Inc., Minneapolis, said it expects by December 31, 2010, to sell its third-party services business, Total Logistic Control (TLC), in a stock purchase agreement.