TreeHouse Foods Inc. announced it will sell its soup and baby food business to Riverbend Foods LLC, a new company formed by private equity firm Insight Equity.
Tyson Foods announced a $4.2-billion deal to acquire AdvancePierre Foods Holdings, a national producer and distributor of sandwiches, sandwich components and other entrées and snacks. Tyson also is exploring the sale of its three non-protein businesses, Sara Lee Frozen Bakery, Kettle and Van’s.