Unilever acquires Italian gelato company
Unilever has acquired the premium Italian gelato business, Grom. IFT Daily News
Tag: company
Kellogg acquires leading cereal company in Egypt
Kellogg acquired Egypt’s leading cereal company, Mass Food Group, for $ 50 million, advancing Kellogg’s emerging market growth strategy. IFT Daily News
Former peanut company CEO sentenced to 28 years
According to Reuters, the former owner of Peanut Corporation of America (PCA) in Georgia was sentenced to 28 years in prison on Sept. 21 for his role in a Salmonella … Continue Reading →
Wellspring Capital Management forms flexible packaging company
Wellspring Capital Management, a New York-based private equity firm, has announced the creation of a leading flexible packaging company through the merger of portfolio companies Prolamina and newly acquired Ampac … Continue Reading →
Multisorb senior management to purchase company
Multisorb Technologies has announced that senior management, led by Michael R. McGee, Chairman, and James V. Renda, President, has partnered with Summer Street Capital Partners to purchase the company from … Continue Reading →
Hershey completes initial purchase of Chinese confectionary company
The Hershey Co., a global confectionary manufacturer, has completed the initial closing and acquired an 80% stake in the iconic Shanghai Golden Monkey Food Joint Stock Co. Ltd., a privately-held … Continue Reading →
Has Supervalu’s second security breach in six weeks caused your company to better scrutinize its data systems?
Yes No We’ll wait for further developments before we decide Supermarket News
Mexican company buys Faribault Foods
According to the StarTribune, Faribault Foods has been purchased for an undisclosed price by privately owned La Costeña, one of Mexico’s largest canned food companies. IFT Daily News
FONA International named best company to work for in Chicago
FONA International has been named one of Chicago’s 101 Best and Brightest Companies to Work For by the National Association for Business Resources (NABR) for the ninth year in a … Continue Reading →
Danone to buy 40% stake in Kenyan dairy company
Danone SA announced it will purchase a 40% stake in Brookside Dairy Ltd., a Kenyan dairy company and the largest milk collector in East Africa, with a network of 140,000 … Continue Reading →