People and Industry News: January 2018
The Nestlé Board of Directors has changed the organization of the company’s infant nutrition business, moving it from the globally-managed Nestlé Nutrition to a regionally-managed business.
Blue Point Capital Partners
Blue Point Capital Partners has acquired Italian Rose Gourmet Products, a leading manufacturer and distributor of premium salsas, dips, sauces and spreads to major retail and foodservice channels.
Arca Continental, parent company of Wise Snacks, has acquired Deep River Snacks. Financial terms of the transaction were not disclosed.
Premium Brands Holdings Corp.
Premium Brands Holdings Corp. has acquired Raybern Foods, L.L.C. from TSG Consumer Partners. Financial terms of the transaction were not disclosed.
Tyson Foods has acquired Original Philly Holdings, which manufactures steak products that have helped popularize the Philly cheesesteak.
tna officially opened TNA Solutions (Shanghai) Co. Ltd to provide local food manufacturers with on-the-ground support services.
IEH Laboratories & Consulting Group
IEH Laboratories & Consulting Group is acquiring all assets related to the Sample6 DETECT platform. This divestment allows Sample6 to focus exclusively on its groundbreaking and highly-regarded CONTROL food safety software.
Hormel Foods Corporation
Hormel Foods Corporation closed on its acquisition of Columbus Manufacturing, Inc., an authentic, premium deli meat and salami company, from Chicago-based Arbor Investments. The company also merged its specialty foods segment into its grocery products segment.
MassChallenge is officially partnering with the EIT Food Accelerator Network, a multi-location accelerator program delivered across Europe to support high impact food-space start-ups to maximize their success. Bühler is founding partner of MassChallenge Switzerland.
Bunting Magnetics Co.
Bunting Magnetics Co. appointed Kevin Miller as general manager of the company’s primary manufacturing facility in Newton, KS.
Stefan Catsicas, executive VP and chief technology officer, has left Nestlé to pursue other opportunities, but will maintain an advisory role in science and technology areas. His replacement is Stefan Palzer, who was head of the Nestlé Research Center. In addition, Heiko Schipper, deputy executive VP in charge of Nestlé Nutrition, also left the company, and will not be replaced following the change in the organization of the infant nutrition business.
Charles Ross & Son Company
Charles Ross & Son Company, manufacturer of industrial mixing equipment, has appointed Christine Banaszek as its new sales manager.
Noblegen Inc. has appointed Jim Kirkwood as an official advisor. Kirkwood recently retired from General Mills Inc.
Amy’s Kitchen has hired Xavier Unkovic as global president.
Global Dairy Platform
Global Dairy Platform has appointed Fonterra CEO Theo Spierings as chairman.
TricorBraun WinePak, North America’s leading wine bottle distributor, has hired Mario Carofanello as a packaging consultant.