Articles Tagged with ''acquisitions''

Pilgrim’s Pride increases offer to Hillshire Brands

June 3, 2014

Poultry producer Pilgrim’s Pride confirmed Tuesday it countered the offer by Tyson Foods Inc. in the fight over the acquisition of Hillshire brands, increasing its original proposal by $1.3 billion.


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Tyson Foods offers to purchase Hillshire Brands

Poultry company joins the fight to acquire Hillshire
May 29, 2014

Tyson Foods Inc. offers to purchase Hillshire Brands, increasing the offer proposed by Pilgrim's Pride announced earlier this week.


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Pilgrim’s Pride offers to buy Hillshire Brands

May 27, 2014

Poultry producer Pilgrim’s Pride is offering to purchase Hillshire Brands in an all-cash transaction valued at $6.4 billion on the condition that the brand forfeits its plans to acquire Pinnacle Foods.


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Snyder’s-Lance to sell private brands to Shearer’s Foods LLC, acquire Baptista's Bakery Inc

Snacking company Snyder’s-Lance announced $430 million deal in order to focus attention on growing branded products
May 13, 2014
Snacking company Snyder’s-Lance announced the sale of Private Brands to Shearer’s Foods, LLC last week for $430 million in order to focus attention on growing branded products.


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Hillshire Brands to acquire Pinnacle Foods

May 12, 2014
Companies announce that Hillshire will acquire all outstanding shares of Pinnacle in a cash and stock transaction valued at $6.6 billion.


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New auction set for Sunland peanut butter plant

A federal bankruptcy judge ordered the new auction after the high bid came in late.
March 26, 2014
A federal bankruptcy judge ordered the new auction after the high bid came in late.
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WhiteWave plans Earthbound Farm expansion

The organics company plans to expand beyond salad greens and add snacks and juices.
March 12, 2014
New items like kale salads and organic salad kits will expand the company’s core offerings.
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Coke eyes home soda market with new Green Mountain Coffee partnership

The soft drink maker plans to produce single-serving Coca Cola pods for use with the forthcoming Keurig Cold system.
February 6, 2014
The soft drink maker plans to produce single-serving Coca Cola pods for use with the forthcoming Keurig Cold system.
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Hershey to buy Chinese candy maker for $498 million

The PA-based confectioner will also assume $86 million in debt in the deal for Shanghai Golden Monkey Food.
December 19, 2013
The PA-based confectioner will also assume $86 million in debt in the deal for Shanghai Golden Monkey Food.
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Sysco to buy US Foods in $3.5 billion deal

The deal has been approved by boards of both companies and is expected to close in the third quarter of next year.
December 9, 2013
The deal has been approved by boards of both companies and is expected to close in the third quarter of next year.
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Plant of the Year 2014

Blue Diamond Growers was chosen as Food Engineering's 2014 Plant of the Year. The Sacramento-based company is the world’s largest producer of almonds and almond ingredients.

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Burns & McDonnell project manager RJ Hope and senior project engineer Justin Hamilton discuss the distinctions between Food Safety and Food Defense as well as the implications for food manufacturers of the Food Safety Modernization Act.
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TYSON FOODS

Tyson Foods made headlines announcing the company intends to acquire Hillshire Brands in a deal valued at $8.55 billion. Do you think the acquisition for will be beneficial for meat and poultry processors?
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Food Engineering

July 2014

2014 July

The July 2014 issue of Food Engineering features the 12th Annual Replacement Parts Survey. Also covered: OEE improvement steps and increased filtration cycle.

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