Tyson Foods, Inc., Springdale, Ark., acquired the assets of Bosco’s Pizza Co., a Warren, Mich.-based producer of stuffed bread sticks and frozen pizzas for foodservice and retail customers.
Boulder Brands, Inc., Boulder, Colo., acquired 100% of the equity interests of Phil's Fresh Foods, LLC, the Boulder, Colo.-based owner of EVOL Foods, for $48 million.
Frozen bakery is a growing industry in the food processing sector. Consumer spending habits prove a huge demand for frozen bakery products, for instance, frozen bread, as fresh bread maintains a very short life span.