Articles Tagged with ''acquisitions''

Pilgrim’s Pride offers to buy Hillshire Brands

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
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

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.
A federal bankruptcy judge ordered the new auction after the high bid came in late.
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TECH FLASH

WhiteWave plans Earthbound Farm expansion

The organics company plans to expand beyond salad greens and add snacks and juices.
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.
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.
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.
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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Inventure to buy Fresh Frozen Foods for $38 million

The companies expect to close the deal November 1.
The companies expect to close the deal November 1.
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Smithfield shareholders approve sale to Shuangui

The deal represents the largest ever acquisition of a US company by a Chinese one.
The deal represents the largest ever acquisition of a US company by a Chinese one.
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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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2014 October

The October 2014 issue of Food Engineering explores companies that have successfully grappled with "the new business reality" and are coming to terms with it being here to stay. Also, read about the work going on behind the scenes to keep FSMA on track.

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Food Authentication Using Bioorganic Molecules

This text provides critical tools and data needed to augment routine food analysis and enhance food safety by aiding in the detection of counterfeit, and potentially deleterious, foods.

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