Nestlé has agreed to acquire Kraft Foods’ frozen pizza business in the US and Canada for $3.7 billion in cash. The business includes brands such as DiGiorno, Tombstone, California Pizza Kitchen, Jack’s and Delissio.
The 3-A Sanitary Standards, Inc. board of directors named Dr. Ron Schmidt (University of Florida) chair and elected other officers for 2011. Dan Meyer (American Dairy Products Institute) was elected vice chair; Carl Buell (Leprino Foods Company) was elected secretary; and Lou Beaudette (Admix, Inc.) was named treasurer. New members appointed to the board of directors include Ray Dyke (Cabot Cheese Co.) and Jon Gardner (International Dairy Foods Association).
Archer Daniels Midland Company acquired all of the outstanding capital stock of Alimenta (USA), Inc. from Alimenta S.A., an international trading company based in Geneva, Switzerland. Alimenta (USA) is ADM’s 50-percent partner in Golden Peanut Company, LLC.
Pilgrim’s Pride Corporation’s board of directors appointed William W. Lovette as president and chief executive officer. Lovette succeeds Don Jackson, who is resigning from the company to assume the position of president and chief executive officer of JBS USA, which is majority owner of Pilgrim’s.
Campbell Soup Company entered into an agreement with Leeds, UK-based dry food manufacturer Symington’s to launch a range of Campbell’s-branded dry soups and pasta and rice meals in the United Kingdom.
David Van Eekeren will become Land O’Frost chief executive officer and president effective immediately. Donna Van Eekeren will continue to serve Land O’Frost in the role of executive chairperson..”