CSM Bakery Supplies North America (CSM BSNA) Schaumburg, Ill., said it expects in March to acquire Best Brands Corp., a Minnetonka, Minn.-based supplier of frozen bakery goods and bakery ingredients.
Tony's Fine Foods, West Sacramento, Calif., said it agreed to buy Columbus Distributing Inc., the Hayward, Calif., perishable foods distribution division of Columbus Foods LLC.
As financial markets recover, mergers and acquisitions (M&A) in U.S. food and agriculture are likely to build in 2010, according to a new report from Rabobank, New York, N.Y.
Consumers' frugal behaviors -- adopted during the recession -- are becoming engrained and reflect a "new normal" approach to shopping, dining, and eating preferences, says market research publisher Packaged Facts.
Tokyo-based Yakult Honsha Co., Ltd. last week said it will build its first U.S. production facility by 2012 and extend sales of its signature probiotic drink, Yakult.
Industrial Info Resources (IIR) Sugar Land, Texas, said Kraft Foods Inc., Northfield, Ill., is "proceeding with plans" to build a 960,000-square-foot warehouse and distribution facility in Union City, Ga.