SPX Corporation’s Flow Technology segment entered into a definitive agreement to acquire Gerstenberg Schroder A/S, a designer, manufacturer, installer and servicer of processing systems and components serving the global food industry.
Cargill entered into an agreement to purchase Goodman Fielder’s Commercial Edible Fats and Oils business for $240 million (Australian dollars). The purchase includes assets located in West Footscray in Melbourne, Murarrie in Brisbane, Bunbury near Perth and East Tamaki in Auckland, New Zealand.
TreeHouse Foods signed a definitive agreement to acquire Sturm Foods, private label manufacturer of hot cereal and powdered soft drink mixes, from HM Capital Partners LLC and other shareholders. The transaction is valued at $660 million.
Smithfield Foods, Inc. completed the sale of substantially all of the assets of RMH Foods, LLC to a group of investors led by the Rocke family. RMH Foods produces fully cooked beef, pork, and chicken entrees to retail customers, as well as the deli and foodservice channels.
Lawrence Foods, Inc., manufacturer of bakery ingredients, completed the renewal of its 135,000-cu. ft. freezer, increasing its insulation factor to greater than R-40. The project was managed by Premium Protective Coatings, Inc.
Cognex Corporation promoted Robert Willett to president and chief operating officer. Willett assumes these responsibilities in addition to his current role as president of the Modular Vision Systems Division, the largest operating division of Cognex.
The Port of Columbia purchased 28 acres of property outside the eastern Washington city of Dayton. The property will be the home of Blue Mountain Station, an eco-friendly artisan natural and organic culinary center. When fully developed, Blue Mountain Station will provide approximately 300 jobs.
Seegrid Corporation, provider of industrial mobile robots, is expanding and moving its Pittsburgh headquarters to a 30,000-square-foot facility near Pittsburgh International Airport.
Upon retiring in May, Reinoud Plantenberg will transfer his responsibilities as CEO of CSM Bakery Supplies North America (BSNA) to Bret Weaver. Weaver is president and CEO of H.C. Brill, one of CSM’s business units in North America.
Industry & People
February 1, 2010