Don Lee Farms acquired a 140,000-square-foot production and distribution facility in Mansfield, Texas, that will serve as an additional food production facility with a cold storage and distribution center.
Rich Products Corp. acquired Goglanian Bakeries Inc. and f’real foods LLC, and entered into a joint venture—Twin Star Bakery—with business partner The Stolbun Group.
Snackable mini-meals and frozen foods take center stage in supermarket aisles this year while dads and Millennials get more comfortable and powerful in the kitchen, says Supermarket Guru Phil Lempert.
According to the Chinese New Year, 2012 is the year of the dragon, but for many in the refrigerated and frozen foods industry, it was more like the year of mergers, acquisitions, buyouts, sellouts, resignations and new retail product launches.
ConAgra Foods entered into a definitive agreement to acquire the Bertolli and P.F. Chang’s Home Menu
frozen meals businesses from Unilever PLC for a total cash
consideration of $265 million.
Mike Milone, an executive vice president who led the dynamic growth of the company’s Rest of World segment, will retire in June after 32 years of service with H.J. Heinz Co.
