Pinnacle Foods Inc., Parsippany, N.J., entered into a definitive agreement to acquire Boulder Brands, Boulder, Colo., in an effort to expand Pinnacle's presence in the health and wellness categories.
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 pizza marketer Fresh Harvest Products Inc., New York, N.Y., and frozen organic burrito and entree processor EVOL Foods, Boulder, Colo., each announced capital growth and financing plans.
