Kroger and Albertsons Cos. announced a USD1.9bn agreement to sell 413 stores, eight distribution centers, two offices, and five private brands to C&S Wholesale Grocers. The asset transaction, which includes buildings and stores in 17 […]
Mark Foods and Arista Industries’ Seafood Division, two specialists in premium, frozen, sustainably sourced seafood, announced that they have agreed to combine and move forward together as Mark Foods. Financial terms of the transaction were […]
Rita’s Italian Ice & Frozen Custard, the brand known for its delicious Italian Ice and Frozen Custard products, is extending their Cold Brew Frozen Coffee lineup with a new Pumpkin flavor to appeal to guests’ […]
The J. M. Smucker Co. announced the signing of a binding contract to buy Hostess Brands, Inc. for USD34.25 per share in cash and shares, which equates to a total enterprise value of USD5.6bn and […]
An innovation center will be opened by Charlottetown Metal Products Ltd. (CMP) and Food Process Solutions (FPS) at the Canadian company’s manufacturing facility in Prince Edward Island (PEI). The development of novel, creative, sanitary food […]
The commercial refrigeration market is projected to grow from USD45.6bn in 2023 to USD62.7bn by 2028, at a CAGR of 5.8%, according to Marketsandmarkets. The expansion of retail chains, supermarkets, and convenience stores on a […]
Greek manufacturer HQF SA Kanaki has recently introduced a line of frozen ready to bake delicacies that can be served either as a light meal, or after cutting them diagonally as an appetizer. Each pack […]
Duravant announces the appointment of Jack Lee as Group President, Food Sorting and Handling Solutions. Lee is responsible for leading strategies that bring sorting, conveying and other process automation systems from four Duravant operating companies […]
Viru Group, a global leader in the agro-industrial sector and the largest producer of canned and frozen fruits and vegetables in Peru, and Superior Foods International, one of the most reliable suppliers of safe, high-quality […]
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