East Balt to be acquired by One Equity Partners
East Balt Inc., a global bakery company, has announced that it will be acquired by One Equity Partners. IFT Daily News
Author: R. Daneel Olivaw
ConAgra acquires Ralcorp for $5 billion
According to Reuters, ConAgra Foods Inc. has acquired Ralcorp Holdings Inc. for $ 5 billion. IFT Daily News
Candy ranks #1 for snacking during holiday season
A holiday snacking report by The NPD Group finds that 50% of adults, out of a sample of 4,906 adults celebrating Christmas, purchase candy for the holidays and 54% of … Continue Reading →
FAO to invest $3 million in poultry farming in Equatorial Guinea
The government of the Republic of Equatorial Guinea and the Food and Agriculture Organization of the United Nations (FAO) have signed an agreement that calls for the FAO to invest … Continue Reading →
MGP receives Kansas Business Excellence Award
The Kansas Dept. of Commerce has honored MGP as one of 22 Regional Business Award winners across the state in recognition of the company’s business achievements and high level of … Continue Reading →
IGA Promotes Huff to Expanded Role
CHICAGO — IGA said Wednesday it has promoted Heidi Huff to director of marketing for IGA USA, expanding her role with the company’s Red Oval vendor partnership. read more Supermarket … Continue Reading →
Clextral acquires Chilean supplier Sudamerinox
Clextral, a leader in twin-screw extrusion for food material, has acquired its Chilean supplier Sudamerinox. IFT Daily News
The Fresh Market Profit Lags Sales
GREENSBORO, N.C. — Shares of The Fresh Market here tumbled Wednesday after the company reported weaker than expected third-quarter earnings. read more Supermarket News
FDA suspends Sunland plant linked to Salmonella outbreak
The U.S. Food and Drug Administration (FDA) has suspended the food facility registration of Sunland Inc., a food producer linked to Salmonella-tainted peanut butter that has sickened at least 41 … Continue Reading →
Infographic: Surveys Point to Increased Holiday Spending
Projections for holiday spending are all over the map this year, with some projecting gains over year-ago results because of the slowly improving economy, while other predict consumers might be … Continue Reading →