Michael Foods, Inc. Minnetonka, Minn., said its parent, M-Foods Holdings, Inc., signed a definitive agreement under which its owners, affiliates of Thomas H. Lee Partners, L.P. ("THL") and certain current and former members of management, will sell Michael Foods to affiliates of GS Capital Partners.
"Got room left for dessert?" If so, here's what on the menu. The Food Channel®, Chicago, released its "Top Ten Dessert Trends" based on research it conducted with CultureWaves.
Although the recession forced millions of Americans into the kitchen and to develop an eat-at-home mindset, a new survey by ConAgra Foods suggests that -- despite an easing of economic conditions -- Americans are not soon to let go of their new habits.
Schwan's Food Service, Marshall, Minn., said more focused new product development helped the company rise in a recent independent ranking of processors providing new offerings to the foodservice industry.
Competition is alive and well in the broiler chicken industry and benefits chicken farmers, poultry companies and consumers, according to a new industry study.
Prepared meats and sandwiches processor Pierre Foods Inc., Cincinnati, said it plans in August to close its pre-cooked chicken and meats plant in Rome, Ga.
Frozen Mexican foods leader Ruiz Foods, Dinuba, Calif., launched a national retail consumer promotion featuring NASCAR driver Ryan Newman, who is sponsored by Ruiz's hand-held frozen snacks brand, Tornados.
Snack and specialty foods processor The Inventure Group Inc., Phoenix, said two retailers are planning national distribution programs for Jamba All Natural Smoothie kits (frozen fruit products).