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Middleby buys bakery equipment manufacturer Hinds-Bock
Middleby, a manufacturer of foodservice equipment, has acquired Hinds-Bock for an undisclosed price.

Michael Foods to build $85m egg processing plant in Iowa
Michael Foods, a business unit of consumer packaged goods (CPG) firm Post Holdings, has unveiled plans to construct a new $85m egg processing plant in Norwalk, Iowa.

TreeHouse Foods to close snack manufacturing plant in California, US
Illinois-based food processing company TreeHouse Foods has revealed its plans to close its facility in Visalia, California by the end of the first quarter of 2019.

Simplot to expand Manitoba potato plant with $368m investment
Food and agribusiness company J.R. Simplot will invest C$460m ($368.9m) to expand its Manitoba-based operations near Portage la Prairie in Canada.

Valio to cut sugar and salt content in products by 2020
Finnish dairy manufacturer Valio has pledged to reduce salt and sugar content across all its products by 2020.

Pacific Foods rolls out new organic tomato stocks
Pacific Foods has introduced two new organic tomato stocks, Tomato and Tomato & Red Pepper, in the US to meet consumer demand for plant-based pantry essentials.

Danish Crown’s Sokolow plans to buy Poland-based Gzella Meat
Danish Crown’s Polish meat business Sokolow has revealed its intentions to acquire its rival Gzella Meat Group.

Lesaffre buys Alltech’s yeast extract plant in Serbia
Lesaffre has acquired the yeast extract facility of Alltech in Serbia as part of its ongoing expansion strategy in nutrition and health.

UK’s Fairfax Meadow recalls certain meat products over labeling concerns
Fairfax Meadow has initiated a voluntary recall of certain meat products from its catering customers owing to use-by-date errors spotted by the UK Food Standards Agency (FSA) and Food Standards Scotland (FSS).

Dr. Oetker offers to buy Unilever’s Alsa baking and dessert business
Unilever has received a binding offer from Dr. Oetker for the acquisition of its Alsa baking and dessert business for an undisclosed amount.

Nestle buys majority stake in organic food firm Terrafertil
Food and beverage giant Nestlé has purchased a majority stake in Terrafertil, a South American organic food company that manufactures plant-based foods and snacks.

Nestle, Nuritas partner to discover food-derived bioactive peptides through AI
Food giant Nestle has entered into a partnership with Nuritas to discover food-derived bioactive peptides within specific target areas using artificial intelligence (AI) and genomics.

Albert Bartlett secures £4m Scotland Government grant
Potato processing firm Albert Bartlett has secured the Food Processing, Marketing and Co-operation (FPMC) grant of £4m from the Scotland Government.

Hain Celestial explores sale of pure protein business
The Hain Celestial Group, a US-based organic and natural products company, is exploring sale of its pure protein business to focus on core brands.

Del Monte to acquire Mann Packing for $361m
Del Monte Fresh Produce, the North America subsidiary of Fresh Del Monte Produce, has agreed to acquire Mann Packing, a grower, processor and supplier of fresh and value-added vegetable products in North America.

Tyson Foods invests in food startup Tovala
US food giant Tyson Foods has invested an undisclosed amount in Chicago-based food startup Tovala, a manufacturer of internet-connected countertop steam ovens with fresh ready-to-cook meals.

Castle Kitchen rolls out plant-based protein pancake mix
Castle Kitchen Foods has introduced a new plant-based vegan protein pancake mix to the North American market.

Mondelez opens new technical hub in Singapore
Confectionery and snacking firm Mondelēz International has opened a new global technical center in Singapore, as part of a $65m investment program to support its growth strategy.

Total Produce signs binding deal to buy 45% stake in Dole Food
European fresh produce company Total Produce has agreed to acquire a 45% stake in Dole Food Company from David Murdock for $300m.

UK watchdog to review meat processing plants after non-compliance issues
The UK Food Standards Agency (FSA) and Food Standards Scotland (FSS) will launch an industry-wide review of meat cutting premises and cold stores later this month.


-- courtesy of The Food Business Review Online (http://www.food-business-review.com/)  

 

 

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