Already a leader in the U.S. retail refrigerated yogurt category, Danone, Paris, said it agreed to purchase foodservice frozen yogurt mix supplier YoCream International Inc., Portland, Ore., for $103 million.
Campanelli Companies, Braintree, Mass., said it expects by fall 2011 to build a 141,521-square-foot cold storage facility in Linden, N.J. for Preferred Freezer Services.
Diversified foods giant General Mills, Minneapolis, said it improved the health profile of products comprising 25 percent of its U.S. retail sales during fiscal 2010.
National wooden pooled pallet leader CHEP USA, Orlando, will gain some complementary strengths when its parent, Brambles Ltd., Sydney, Australia, completes a $1.2 billion acquisition.
Private equity investor Centerview Partners, Rye, N.Y., said that it purchased Richelieu Foods Inc., Randolph, Mass., for undisclosed terms from Brynwood Partners.
Venture capital investor Bradmer Foods, Baltimore, said it made a "follow-on" investment in Blue Horizon Wild, an Aptos, Calif., frozen seafood processor.
Consumer markets researcher Packaged Facts projects the market for frozen convenience foods will grow 2 percent by year-end to reach sales of $17 billion in 2010.
The National Restaurant Association said it signed a deal with Chicago and state of Illinois officials to keep the annual National Restaurant Association Restaurant, Hotel-Motel Show and International Wine, Spirits & Beer Event at Chicago’s McCormick Place through 2016.
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