People & Industry News

RSS

Albertsons Companies Inc. has announced that it has received a claim that its acquisition of Safeway violated terms governing Safeway notes.

Indian dairy producer Creamy Foods Limited, located in the state of Uttar-Pradesh, has purchased GEA’s first Model BUE butter-making machine. The Model BUE 6000 will be brought into operation in February 2019 along with other allied equipment.

Brynwood Partners VII L.P. has signed a definitive agreement to acquire a portfolio of brands from The J.M. Smucker Company (Smucker) for $375 million. The portfolio includes the exclusive US rights to Pillsbury brand’s shelf-stable baking products along with the Hungry Jack, White Lily, Jim Dandy and Martha White brands.

Conagra Brands is buying Pinnacle Foods in a cash and stock deal worth almost $11 billion.

Campbell Soup Company has announced the retirement of Denise M. Morrison, president, CEO and director.