The Chicago-based bakery opens a 2,000-sq.-ft. R&D center within its Schaumburg, Ill., facility. The state-of-the-art center will further Gonnella’s commitment to improving processes and develop products for changing market demands.
tna’s acquisition of FOODesign Machinery & Systems Inc. enables the global packaging solutions supplier to expand its portfolio to offer manufacturers a choice of processing solutions.
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.