Hillshire Brands Co. agrees to acquire Van’s Natural Foods from private equity firm Catterton Partners for $165 million. The purchase would broaden Hillshire’s portfolio of frozen food products and extend the company’s reach into gluten-free products, cereal and snack categories.
Shearer’s Foods, owned by Toronto-based Wind Point Partners, acquires the assets of Medallion Foods from Omaha, Neb.-based ConAgra Foods for $33.5 million. Medallion Foods produces value- and private-label, corn-based snack foods, including tortilla chips, corn chips and extruded corn products. ConAgra bought Medallion Foods as part of its purchase of Ralcorp Holdings Inc. in early 2013.
The changes to the Nutrition Facts Panel on food and beverage labels are well-intentioned, but do consumers care? Not much, according to The Hartman Group.
ConAgra Mills, Cargill and CHS Inc. announce additions to the growing leadership team for its future joint venture flour milling company, Ardent Mills.
The American Pie Council will hold its 2014 Great American Pie Festival April 26-27 in Celebration, Fla. The family-friendly event will feature a never-ending pie buffet, pie-making experts, contests and more.
We recently talked with Rich Scalise, chairman and CEO of Hearthside Food Solutions, Downers Grove, Ill. Scalise is the new chairman of the American Bakers Association (ABA), Washington, and he had much to say about his new industry role, plans for the association and what shapes the baking industry.
Three decorators receive an all-expenses-paid trip to compete in the 19th annual IDDBA Cake Decorating Challenge, to be held at the International Dairy-Deli-Bakery Association’s Dairy-Deli-Bake 2014 seminar and expo in Denver in June.
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