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Since 2003, Brynwood Partners has acquired the Flipz, DeMet's Turtles, Treasures, Stixx, Juicy Juice, Bit O Honey, Nutrament and Joseph's Gourmet Pasta brands from Nestlé.
Brynwood Partners announced its newly-formed portfolio company, Buitoni Food Company, has entered into a definitive agreement to acquire the North American Buitoni business from Nestlé USA, Inc. The transaction, which includes a 240,000 square foot manufacturing facility in Danville, Virginia, is expected to close within the next 30 days, subject to customary U.S. regulatory review. Terms and conditions of the deal are not being disclosed.
Bob Evans is a producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage and a variety of refrigerated and frozen convenience food items.
Buitoni North America, division of Nestlé USA, Solon, Ohio, introduced new vegetable and herb-infused refrigerated pastas in a pappardelle shape (flat pasta cut into wide ribbons).
Three Bridges, Benicia, Calif., launched what is said to be the industry's first-ever refrigerated mac & cheese kit, made with clean and simple ingredients, including fresh shredded cheddar cheese.