Campbell Soup Company (NYSE: CPB) and Snyder’s-Lance (NASDAQ: LNCE) today announced that the companies have entered into an agreement for Campbell to acquire Snyder’s-Lance for $50.00 per share in an all-cash transaction. The purchase price represents a premium of approximately 27 percent to Snyder’s-Lance’s closing stock price on Dec. 13, 2017, the last trading day prior to media reports regarding a potential transaction. The acquisition, which has been approved by the Boards of Directors
Limagrain Céréales Ingredients has recently partnered with Novolyze to reinforce the microbiological control of its proprietary heat process for flours: Farigel.
Campbell Soup Company recently announced it has completed the acquisition of Pacific Foods of Oregon (Pacific Foods) for $700 million in cash, subject to customary purchase price adjustments
The Hyatt House brand recntly announced its new bar bites and craft cocktail menu, H Bar Sip + Snack. With new, shareable bar bites and an expanded list of craft cocktails, the H Bar Sip + Snack menu has everything guests need when hunger strikes
Archer Daniels Midland Company (NYSE: ADM) announced today that it has reached an agreement to sell its oilseeds operations in Bolivia to Inversiones Piuranas S.A. The sale encompasses ADM’s processing facility in Santa Cruz de la Sierra, as well as nine grain silos and ADM’s Bolivian distribution business. “We regularly review our portfolio, and the sale of our Bolivian Oilseeds operations is part of our long-term growth and transformation strategy,” said Greg Morris, president
Alter Eco, a chocolate-centric, sustainability-directed food company that takes healthy indulgence to a whole new level, is entering the snacking category with the launch of Dark Chocolate Coconut Clusters