While consumers around the world are more confident about the year ahead, Americans still seem relatively unconvinced there will be drastic improvement.
Looking to reduce debt, Royal Wessanen nv, Utrecht, The Netherlands, said it agreed to sell specialty foods distributor Tree of Life Inc. for $190 million to Kehe Food Distributors Inc.
The InterFlex Group, Wilkesboro, N.C., said it purchased flexible food packaging supplier C&H Packaging Company Inc. for an undisclosed amount from Appleton, a diverse specialty paper products company.
American consumers embrace an expanding range of foods and beverages -- driven by ever more complex lifestyles and schedules, nutritional and dietary considerations and culinary cross-currents.
Middle market investor Golub Capital, New York, N.Y., said it provided a $20.5 million senior debt facility and a $500,000 equity co-investment to support Linsalata Capital Partners' acquisition of Spartan Foods of America, Inc.