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.
Transparency Market Research, Albany, N.Y., says the demand for frozen food, which was valued at $224.74 billion in 2012, is expected to reach $293.75 billion by 2019.
Low-carb enthusiasts now have even more options for eating on-the-go this summer. Atkins Nutritionals, Inc., Denver, Colo., introduced three new entrées to its current line of frozen meals.
Using steam to bring out delicious flavors from real ingredients, Kashi, Battle Creek, Mich., added two new Steam Meal varieties—Three Cheese Ravioli and Mushroom and Asparagus Risotto.
Sandridge Food Corp., Medina, Ohio, acquired a majority interest in RMH Foods, LLC, a Morton, Ill.-based producer of fully cooked refrigerated and frozen entrées for retail and foodservice.
