Advent International, a global private equity investor, has announced that Sovos Brands, a new company formed by Advent, has completed the acquisition of Michael Angelo’s Gourmet Foods, a producer of … Continue Reading →
Campbell Soup has entered into an agreement to acquire the assets and business of Garden Fresh Gourmet for $ 231 million. IFT Daily News
U.S. consumers appear to be shifting to gourmet coffee options, according to the National Coffee Association’s National Coffee Drinking Trends (NCDT) market research study. IFT Daily News
ALDI, a low price grocery leader, has launched a new premium brand—Specially Selected. IFT Daily News
GREENSBORO, N.C. — The Fresh Market is entering Texas for the first time by taking over four locations of pioneering specialty grocer Rice Epicurean Markets. read more Supermarket News
