News - Articles - Page 720 | Refrigerated & Frozen Foods

Palladium Equity Partners invests in Del Real Foods

Del Real manufactures a variety of heat-and-serve Hispanic food products, including value-added proteins such as Carnitas and Barbacoa, rice and bean dishes and staples such as tamales and salsas.

October 12, 2016

Palladium Equity Partners, LLC, New York, announced that one of its affiliated private equity funds made a significant investment in partnership with the founding family of Del Real Foods, a Hispanic refrigerated foods company based in Mira Loma, Calif.

ConAgra sets date for Lamb Weston spinoff

ConAgra Foods also announced that its board of directors approved an increase to its existing share repurchase program.

October 11, 2016

ConAgra Foods, Inc., Chicago, announced the record and distribution dates for the spin-off of its Lamb Weston business.

Mintel study: U.S. yogurt drinks segment increases 62% in 5 years

A relative newcomer to the yogurt sector, yogurt drinks are a standout in the yogurt market.

October 11, 2016

Despite strong gains for yogurt drinks, the spoonable yogurt segment continues to account for the majority of sector sales, according to this Mintel report.

Tyson Foods, Beyond Meat announce investment agreement

Beyond Meat will remain an independent, privately held company led by founder and CEO Ethan Brown.

October 10, 2016

Tyson Foods, Inc., Springdale, Ark., took a 5% ownership stake in plant-based protein producer Beyond Meat, El Segundo, Calif.

AdvancePierre Foods acquires Allied Specialty Foods

Allied’s 20,000-square-foot manufacturing facility in Vineland features two cook lines, three raw slicing lines and one breakaway steak line.

October 10, 2016

Cincinnati-based AdvancePierre Foods acquired Allied Specialty Foods, Inc., a Vineland, N.J.-based manufacturer of raw and cooked beef and chicken Philly steak products for foodservice, for $60 million.

Thai Union Group to acquire Red Lobster

Thai Union is a global seafood supplier of lobster, shrimp, sardines, mackerel, tuna, salmon and crab under the Chicken of the Sea, King Oscar, John West and Petit Navire brands.

October 10, 2016

Thai Union Group PCL, Bangkok, made a $575 million strategic investment in Red Lobster, an Orlando, Fla.-based seafood restaurant company.

Velvet Ice Cream opens major plant expansion

The 23,000-square-foot expansion adds a state-of-the-art warehouse freezer distribution facility.

October 10, 2016

Velvet Ice Cream, Utica, Ohio, opened the largest expansion in the company's 102-year history.

IDDBA elects new board members, among other personnel changes

October 7, 2016

Here is this week's recap of personnel changes impacting the cold food and beverage industry.

Alpine Fresh improves sustainability with drip irrigation technology

Alpine Fresh implemented a high-frequency intermittent drip (HFDI) irrigation system.

October 7, 2016

Alpine Fresh, Inc., a Doral, Fla.-based grower, packer and shipper of fresh fruits and vegetables, revealed its efforts toward sustainability.

Atlantic Salmon Federation joins Atlantic salmon research joint venture

The Atlantic Salmon Research joint venture was formed in response to record low salmon runs in 2014.

October 6, 2016

The Atlantic Salmon Federation (ASF), Canada, will play a leading scientific role in the new Atlantic Salmon Research joint venture announced by Fisheries and Oceans Canada (DFO).