Inventure Foods, Inc., Phoenix, Ariz., signed a letter of intent to purchase substantially all of the assets of Fresh Frozen Foods, LLC, a Jefferson, Ga.-based branded frozen vegetable processor.
Information Resources, Inc., a Chicago-based market research firm, conducted extensive research into the daily eating habits of Americans and found that the age-old image of a family seated around the dining room table enjoying a home-cooked meal is falling by the wayside.
The need for efficiency has been driving that growth, according to the 2013 edition of “Dairy Industry — A Market Assessment,” a new study produced by PMMI, The Association for Packaging and Processing Technologies.
Brynwood Partners VI L.P., Greenwich, Conn., and its newly formed portfolio company, Lightlife Foods, Inc., acquired Lightlife, one of ConAgra Foods' brands that include vegetarian-based burgers, hot dogs and other meatless refrigerated and frozen items.