Monster acquires American Fruits & Flavors for $690 million
Monster Beverage has entered into a definitive agreement to acquire flavor supplier and long-time business partner, American Fruits & Flavors (AFF) for $ 690 million. IFT Daily News
Tag: million
Campbell Soup launches $125 million VC fund
According to Fortune, at the Consumer Analyst Group of New York (CAGNY) conference, Campbell Soup announced that it is launching a $ 125 million venture capital fund—Acre Venture Partners—to invest … Continue Reading →
USDA awards $20 million in citrus greening research grants
The U.S. Dept. of Agriculture (USDA) has awarded $ 20.1 million in grants to university researchers for research and extension projects to help citrus producers fight Huanglongbing (HLB), commonly known … Continue Reading →
USDA awards $30+ million in food safety, plant health grants
U.S. Agriculture Secretary Tom Vilsack has announced an award of $ 30.1 million in competitive grants to fund 80 research projects to improve food safety, reduce antibiotic resistance in food, … Continue Reading →
Hillshire Brands invests $28 million in North Carolina bakery plant
Hillshire Brands, a subsidiary of Tyson Foods, is making major improvements to its Tarboro, N.C., bakery plant as part of an ongoing plan to meet growing demand for its products … Continue Reading →
USDA makes $3.4 million in funding available through wheat program
U.S. Agriculture Secretary Tom Vilsack has announced the availability of $ 3.4 million for research projects in support of the new International Wheat Yield Partnership (IWYP) program. IFT Daily News
Pinnacle Foods to buy Boulder Brands in $975 million deal
Pinnacle Foods has entered into a definitive agreement to acquire Boulder Brands in a transaction valued at approximately $ 975 million, including approximately $ 265 million of net debt. IFT … Continue Reading →
USDA awards $2 million for nutrition education, obesity prevention research
The U.S. Dept. of Agriculture’s National Institute of Food and Agriculture (USDA NIFA) has awarded $ 2 million in grants to support research on nutrition education and obesity prevention for … Continue Reading →
Kroger to buy Roundy’s for $178 million and assume $600 million debt
Kroger and Roundy’s have announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Roundy’s for $ 3.60 per share in cash—about $ 178 million in … Continue Reading →
Glanbia to acquire thinkThin for $217 million
Glanbia has agreed to acquire thinkThin LLC for a cash consideration of $ 217 million. IFT Daily News