Smaller breweries are trying to sort out what one merger might mean for them.

Texas-based Dean Foods Company has agreed to buy the manufacturing and retail ice cream business of Friendly’s Ice Cream, LLC for $155 million.

Krispy Kreme Doughnuts, Inc. will become a privately held company.

The company’s net sales declined 5.6 percent to $1.83 billion, while earnings dropped 6 percent to $229.8 million.

People and industry news for April 2016.

Beer giant Anheuser-Busch has added another brewer to its growing portfolio of craft brewing companies.

Spice manufacturer McCormick & Company is ditching its plan to purchase the UK’s Premier Foods plc.

Beverage giant Constellation Brands is enhancing its presence in the wine category by adding The Prisoner Wine Company’s portfolio of brands.

Minnesota-based Jack Link’s Protein Snacks has acquired the meat snacks division of Grass Run Farms.

Snyder’s-Lance, Inc. has completed its purchase of California snack manufacturer Diamond Foods, Inc.