The Wall Street Journal reported that Pinnacle Foods Group LLC, Mountain Lakes, N.J., agreed to purchase the nation's largest frozen vegetable processor, Birds Eye Foods, Rochester, N.Y., for $1.3 billion.
Nestlé S.A., Vevey, Switzerland, says its Nestlé Professional North America foodservice business agreed to acquire Vitality Foodservice Inc., a leading beverage solutions provider to the North American foodservice industry.
Tyson Foods Inc. Chairman John Tyson today said the company's board of directors selected Donnie Smith as the meat and poultry company's president and chief executive officer, effectively immediately.
Consumer trends researcher Mintel, Chicago, predicts new flavors will make an appearance in the U.S. marketplace in 2010, as well as some familiar ones...reinvented.
Millennials are one of the largest demographics in the country and will soon be entering a strong growth period in both income and consumer packaged goods (CPG) spending.
Citing a desire to concentrate on European sales, Superfos a/s, Taastrup, Denmark, said it agreed to sell its U.S. plastic food packaging business, Superfos Inc.
Kemper Foods International, LLC, New Albany, Ind., said it expects by 2012 to more than double the size of its 24,000-square-foot frozen prepared foods plant.