Seviroli Foods, a portfolio company of New York-based Mill Point Capital LLC, has acquired a portfolio of Italian food products (including the related intellectual property and equipment) from Ajinomoto Foods North America Inc. The business is comprised of specialty Italian frozen pasta products, including ravioli, tortellini, rolled pastas and other Italian foods. The acquisition expands […]
Category: Center Store
Conagra Brands Begins Licensing Partnership With Dolly Parton
Following the success of her multiyear partnership with Duncan Hines, Dolly Parton has entered into an exclusive agreement with Duncan Hines’ parent company, Conagra Brands, to develop a line of retail food items. The new line of Dolly Parton food products will include frozen, refrigerated, grocery and snack items. “I loved co-creating my Duncan Hines line with Conagra, and I’m thrilled […]
North Coast Seafoods Launches Boat To Bowl Pet Foods
North Coast Seafoods has launched its newest product line, Boat to Bowl Pet Foods. This cat food, made with high-quality, upcycled fish as the first ingredient, is available in Target stores nationwide and online through its website. “We are thrilled to bring Boat to Bowl Pet Foods to Target guests across the country,” said Jon Wooner, […]
Cheerios Brings Back Heart-Shaped Cereal, New Packaging
Cheerios is bringing back its heart-shaped Cheerios in honor of American Heart Month with new packaging, featuring names of those who may inspire customers to make heart healthy choices. In addition to special-edition boxes with names like “Mom,” “Friend,” “Grandparents” and “Family” in English and Spanish available throughout February, consumers can also order personalized yellow boxes […]
AUA Acquires Weaver Popcorn Manufacturing
AUA Private Equity Partners has acquired Weaver Holdings, a fourth-generation family-owned manufacturer of popcorn and snacking products. Financial terms of the transaction were not disclosed. Weaver Popcorn Manufacturing is an independent manufacturer of popcorn products in the U.S., headquartered in Indianapolis, Indiana. Alongside its investment in Weaver Popcorn Manufacturing, AUA Private Equity will bring the […]
Chobani Acquires La Colombe
Chobani LLC, a next generation food and beverage company based in New Berlin, New York, has acquired La Colombe for $900 million. Chobani financed the acquisition through the combination of a newly issued $550 million term loan, cash on hand and the exchange of Keurig Dr Pepper’s minority equity stake in La Colombe into Chobani […]
Clearwater Paper Shares Progress In 2023 Sustainability Report
Clearwater Paper Corp. has released its 2023 Sustainability Report, an annual update on the company’s progress against its multi-year sustainability goals. The report also announces Clearwater Paper’s new strategic sustainability framework, “Everyday Responsibility.” This strategy centers the company’s sustainability work and initiatives on three distinct pillars: resource stewardship, trusted products and thriving people and communities. “Our […]
General Mills Shares Changes To Senior Leadership Team
General Mills Inc. has announced several changes to its senior leadership team to advance the company’s enterprise strategy, Accelerate. Jon Nudi has been appointed to a new role as group president, pet and international, where he will be accountable for the two largest growth areas for the company. Since 2016, Nudi served as group president, […]
