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This strategic transaction represents an important step in Inventure Foods' ongoing strategic and financial review process to maximize shareholder value.
Inventure Foods, Inc., Phoenix, Ariz., announced plans to sell its frozen business, including the Rader Farms and Willamette Valley Fruit Co. brands, frozen fruits, vegetable blends, beverages and frozen desserts business to Oregon Potato Co.
Inventure Foods, Inc., Phoenix, Ariz., introduced Rader Farms Fresh Start Fusions, a line of strategically paired frozen fruits and vegetables pre-mixed for at-home smoothies and frozen beverages.
Inventure Foods, Inc., Phoenix, Ariz., advanced the frozen fruit category with the introduction of Rader Farms Fruit PLUS Vitamins, what is said to be the first-ever fortified whole frozen fruit product.
Frozen Italian products processor Armanino Foods of Distinction, Inc., Hayward, Calif., said it posted record third quarter sales and profits compared to the year before.
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).
Jamba Juice Company, Emeryville, Calif., said it signed a license agreement with the Inventure Group, Phoenix, Ariz., to develop a line of a blend-and-serve, frozen-fruit smoothie kits for retail grocery.