Dallas, Texas-based Dean Foods Co. and substantially all of its subsidiaries have initiated voluntary Chapter 11 reorganization proceedings in the Southern District of Texas. The company intends to use this process to protect and support its ongoing business operations and address debt and unfunded pension obligations while it works toward an orderly and efficient sale of […]
Category: Suppliers
Posted inBeverage News, Home Page Slider, National, Suppliers
Anheuser-Busch Purchases Remaining Shares Of Craft Brew Alliance
On Nov. 11, Craft Brew Alliance (CBA), a Portland, Oregon-based brewing company that creates craft beers, and Anheuser-Busch (A-B) said they will expand their partnership, with A-B agreeing to purchase the remaining CBA shares it does not already own in a merger transaction for $16.50 per share, in cash. “Today’s announcement represents an exciting next […]
Posted inBeverage News, Home Page Slider, Suppliers, West
Bang Energy Set To Bring More Than 300 Jobs To Phoenix
Westin, Florida-based Bang Energy recently acquired a new 400,000-s.f. manufacturing and distribution facility in Phoenix, Arizona, for $52.3 million. “This state-of-the-art facility will include newly-engineered canning and manufacturing lines to produce our enormously popular Bang energy drinks at blistering speeds of 3,600 cans per minute, said Jack Owoc, CEO and CSO of Bang Energy. Production will also […]
Posted inBeverage News, Center Store, Organic Natural, Southwest, Suppliers
Mooala Secures $8.3 Million Series A Financing Led By Sweat Equities
Dallas, Texas-based Mooala, maker of organic, dairy-free beverages and creamers, has completed a $8.3 million Series A equity financing. Sweat Equities, an investment firm specializing in the food, beverage and consumer goods sector, led the financing round with participation from several investment firms and family offices, including Series Seed lead investor M3 Ventures. The investment brings Mooala’s total funding since […]
Posted inFrozen Food, Packaging News, Produce News, Snacks Brands, Suppliers, West
Swiss Rösti Partners With Launch 2 Market Brand Accelerator
Swiss Rösti, the Portland, Oregon-based maker of Rösti Crispy Filled Potatoes, now is an integrated partner with Launch 2 Market (L2M) Brand Accelerator in Clackamas, Oregon. With this partnership, Swiss Rösti says it receives the capital and resources to meet the growing demand for its products as the brand expands nationwide. “As a young company, […]
Posted inFrozen Food, Albertsons, Home Page Slider, Packaging News, Southeast, Suppliers
Butterball Launches Limited-Edition Premium Oven-Ready Stuffing
Garner, North Carolina-based Butterball has been in business for more than 60 years. The brand, best known for its turkey, now is offering a line of stuffing. Butterball Premium Stuffing comes in two flavors: Traditional Savory Herb and Cornbread with Turkey Sausage. Pre-packaged in an oven-ready tray, this stuffing goes straight from freezer to the […]
Posted inHome Page Slider, Marketing News, Southeast, Suppliers
Acosta Filing Prepackaged Chapter 11 To Cut $3B Long-Term Debt
Acosta said Nov. 8 that it has reached terms with more than 70 percent of its lenders and more than 80 percent of its noteholders as a precursor to its prepackaged Chapter 11 filing. The Jacksonville, Florida-based sales and marketing agency said the plan will eliminate all of its approximately $3 billion of long-term debt. […]
Posted inSnacks Brands, Beverage News, Center Store, Home Page Slider, Midwest, Suppliers
Snack Pack Partners With Fanta On Debut Of Three New Flavored Gels
Snack Pack, a brand of Chicago, Illinois-based Conagra Brands Inc., maker of shelf-stable puddings and gels, is embarking on its first-ever co-branded partnership, teaming with Fanta, a fruit-flavored sparkling soft drink brand. With the arrival of new Snack Pack Fanta Gels, consumers can enjoy these two tastes together in three fruit flavors—orange, grape and pineapple. […]