Hillshire Brands Co. agrees to acquire Van’s Natural Foods from private equity firm Catterton Partners for $165 million. The purchase would broaden Hillshire’s portfolio of frozen food products and extend the company’s reach into gluten-free products, cereal and snack categories.
Shearer’s Foods, owned by Toronto-based Wind Point Partners, acquires the assets of Medallion Foods from Omaha, Neb.-based ConAgra Foods for $33.5 million. Medallion Foods produces value- and private-label, corn-based snack foods, including tortilla chips, corn chips and extruded corn products. ConAgra bought Medallion Foods as part of its purchase of Ralcorp Holdings Inc. in early 2013.
ConAgra Mills, Cargill and CHS Inc. announce additions to the growing leadership team for its future joint venture flour milling company, Ardent Mills.
John B. Sanfilippo & Son Inc., parent company of the Fisher Nuts brand, won a Gold REGGIE Award in the packaging innovation campaign category at the Brand Activation Association (BAA) Awards ceremony in Chicago in March.
We recently talked with Rich Scalise, chairman and CEO of Hearthside Food Solutions, Downers Grove, Ill. Scalise is the new chairman of the American Bakers Association (ABA), Washington, and he had much to say about his new industry role, plans for the association and what shapes the baking industry.
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