People and Industry News: April 2018
Bonduelle signed an agreement with Conagra Brands Inc. to acquire its Del Monte processed fruit and vegetable business in Canada. The acquisition includes the right to use the Del Monte brand on different segments of processed fruits and vegetables and stocks of products marketed by Conagra for a total value of $43 million Canadian. The acquired business excludes all industrial and personnel assets, because co-packers and Bonduelle’s existing production capabilities will be used.
General Mills is buying Blue Buffalo Pet Products for roughly $8 billion in cash.
Nestlé bought a majority stake in Terrafertil, a natural and organic plant-based foods company.
Ezaki Glico Co., Ltd.
Japan-based Ezaki Glico Co., Ltd. will acquire TCHO Ventures, Inc., a San Francisco-area, award-winning craft chocolate company.
Sysco acquired broadline distributor Doerle Food Services.
ABB will integrate the Baldor Electric Company name into its global ABB brand as a part of its Next Level strategy.
Hansford Sensors expanded its presence in the North American market by setting up a dedicated sales operation near Greenville, SC.
Middleby Corp. acquired Hinds-Bock Corporation.
TOMRA Food acquired BBC Technologies.
SpotSee has opened a new facility in Chihuahua, Mexico to better reach its customers, more easily manufacture products in-house and continue its global expansion.
Heat and Control
Heat and Control opened a new factory in Union, MO, 50 miles southwest of St. Louis. The new facility fabricates Spray Dynamics equipment.
John P. Bilbrey will retire as chairman of The Hershey Co. board of directors. Bilbrey, 61, previously served as president and CEO, and was elected to the Hershey board of directors in 2011.
Nestlé USA named Steve Presley as its new CEO, succeeding Paul Grimwood in
Paul Norman is retiring from his role as president of Kellogg North America. North America division staff members will report to company CEO Steven Cahillane until Kellogg names Norman’s successor.
Ocean Spray Cranberries
Randy Papadellis, president and CEO of Ocean Spray Cranberries Inc., is planning to leave the cooperative on July 1, 2018 after 18 years with Ocean Spray. Papadellis has served as president and CEO since 2002.
Todd Gilliam has been named as the US segment leader for ABB’s food and beverage operations.
TreeHouse Foods, Inc. has appointed Steven Oakland as CEO and president of the company. The company also appointed Matthew E. Rubel to its board of directors.
Bühler Aeroglide has announced that Andy Britt will lead capital sales worldwide, and Mark Bertoncino will direct customer service.