Fresh Del Monte Produce Inc. (NYSE: FDP) has been named the successful bidder to acquire select assets of California-based Del Monte Foods Corporation II Inc. for a purchase price of $285 million, plus assumption of certain liabilities, through a court-supervised sale under Section 363 of the U.S. Bankruptcy Code. The transaction remains subject to court […]
Category: Grocery News
Posted inProduce News, National, News, West
Mission Produce To Acquire Calavo Growers In $430M Deal
Mission Produce Inc. (NASDAQ: AVO) and Calavo Growers, Inc. (NASDAQ: CVGW) have entered into a definitive agreement under which Mission will acquire Calavo in a cash-and-stock transaction. The transaction would give Mission entrée into the high-growth prepared food segment, complementing its avocado business with Calavo’s value-added, avocado-based prepared foods. In addition to a variety of ready-to-eat […]
Posted inHealth & Wellness, Midwest, News, The Kroger Co.
Kroger Health Reaches 250,000 Students In Prescription Drug Safety Education
Kroger Health reports that more than 250,000 students have completed its prescription drug safety education program since the initiative launched in 2018. The program, titled “Prescription Drug Safety: Know the Truth,” is made available at no cost to participating middle and high schools through Kroger Health’s strategic collaboration with Everfi, a digital education platform focused […]
Posted inExecutive News, Bakery News, News, West
Hendrix Honored As USC’s 2026 Food Industry Executive Of The Year
The USC Marshall School of Business has named Jeffrey Hendrix, senior executive at Bimbo Bakeries USA, as its Food Industry Executive of the Year for the Food Industry Management Program’s 2026 cohort. USC has recognized an exceptional food industry leader annually for nearly six decades. The honor goes to executives whose careers reflect strategic leadership, […]
Posted inExecutive News, Beverage News, News, Southeast
The Coca-Cola Co. Reshapes Leadership Ahead Of CEO Transition
The Coca-Cola Co. announced a series of leadership changes to accelerate digital transformation and strengthen regional focus, with all appointments effective March 31. The Atlanta-based beverage company established a new chief digital officer position and reorganized market leadership in Asia, Africa and the Middle East. Sedef Salingan Sahin, currently president of Coca-Cola’s Eurasia and Middle […]
Posted inBakery News, Association News, National, News
American Bakers Association Pledges To Phase Out Potassium Bromate
The American Bakers Association (ABA) has announced its new “Baked Goods Ingredient Pledge,” a voluntary industry commitment to complete the phase out of potassium bromate from baked goods across the United States. The initiative builds on the momentum of ABA’s previous voluntary commitments: the “Baked Goods in Schools Pledge” and the “Baked Goods FD&C Colors […]
Posted inPrivate Label Brands, News, Southwest, Walmart
Sam’s Club Completes Reformulation Across Member’s Mark Food Products
Sam’s Club has removed more than 40 unwanted ingredients from its Member’s Mark food and beverage line, completing a reformulation project launched in 2022 and based on member feedback. The wholesale club announced Jan. 12 that all Member’s Mark food and beverage products now shipping to its 600-plus locations meet its “Made Without” commitment standards. […]
Posted inCenter Store, National, News
NIQ, Kodiak Expand Partnership With Retail Measurement Agreement
NIQ, a global measurement and data analytics company, and Kodiak Cakes, a maker of whole grain and high-protein foods, have begun a new retail measurement agreement designed to help drive growth in the breakfast category by leveraging insights into consumer behavior and retail performance trends. The partnership builds on both companies’ commitment to supporting category […]