The Ferrero Group has finalized the purchase of Nestlé USA Inc.’s confectionery business, a deal that first was announced in mid-January and was estimated to be valued...
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Campbell Soup Co. has completed the acquisition of Snyder’s-Lance Inc. for $50 per share in an all-cash transaction, which represents an enterprise value of...
In 1988 Veronica Moreno sold her first order of tortillas from a recipe she learned from her grandmother. Today, 30 years later, Olé Mexican Foods Inc., maker of Olé and...
Key Food Stores Co-operative teamed up with Goya Foods to donate 40,000 pounds of food to New York’s City City Harvest in mid-March. In total, Key Food and Goya will be...
Unilever is launching Growing Roots, an organic, plant-based snack brand with a social mission. The company will donate half of all Growing Roots’ profits to support...
General Mills Inc. and Blue Buffalo Pet Products Inc. have entered into a definitive agreement under which General Mills will acquire Blue Buffalo for $40 per share in...
Randy Papadellis, president and CEO of Ocean Spray Cranberries Inc., announced Feb. 15 that he plans to leave the cooperative on July 1, 2018, capping an 18-year career...
Guiding Stars has updated the formula it uses to assign stars to thousands of foods in North America. The changes align with the Food and Drug Administration’s (FDA)...