Foodservice News & Media

Kraft Heinz completes acquisition of Turkish food maker

October 4, 2021

The Kraft Heinz Co. has completed the previously announced purchase of Assan Foods from privately held Turkish conglomerate Kibar Holding for an undisclosed…

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BradyIFS acquires 2 California foodservice, janitorial supply companies

October 4, 2021

BradyIFS — the company recently created by the merger of Las Vegas based Brady Industries, a foodservice and janitorial supply equipment company, and Bell…

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United Natural Foods reports Q4 2021 sales and earnings decline

September 28, 2021

United Natural Foods Inc. reported net sales fell 0.5% from $6.77 billion in Q4 2020 to $6.74 billion in the quarter ending July 31, 2021, according to a…

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Middleby acquires Imperial Commercial Cooking Equipment

September 27, 2021

The Middleby Corp. has acquired Imperial Commercial Cooking Equipment for an undisclosed sum, according to a press release. Based in Corona, California…

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Kraft Heinz to acquire Brazilian food maker

September 23, 2021

The Kraft Heinz Co. has agreed to acquire Companhia Hemmer Indústria e Comércio, a Brazilian company focused on condiments and sauces, for an undisclosed sum…

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General Mills reports earnings dip on improved Q1 2022 sales

September 22, 2021

General Mills Inc. reported an earnings decline on improved sales for the first quarter of 2022 compared to the previous year, according to an earnings report.

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Compass Group expects strong Q4 2021 finish led by sports, leisure

September 21, 2021

Compass Group PLC expects fourth quarter revenue to rise to 86% of its 2019 Q4 revenue by the close of its financial year on Sept. 30, according to an update…

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J&J Snack Foods taps McCormick’s Bjoern Leyser for sales

September 20, 2021

Bjoern Leyser J&J Snack Foods Corp. has named Bjoern Leyser senior vice president of sales for retail, foodservice and bakery, according to a…

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Little Debbie recall doesn’t include vending

September 15, 2021

McKee Foods has recalled 25 cases of Little Debbie Mini Nutty Buddy Cookie Bites Sandwich Cookies because they may contain undeclared pecans, according to a…

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UNFI promotes Steve Dietz to chief customer officer

September 13, 2021

Steve Dietz United Natural Foods Inc. promoted Steve Dietz from president of the Pacific region to the newly created role of chief customer officer…

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GS Foods Group acquires C&C Produce

September 10, 2021

GS Foods Group Inc., a food distributor owned by affiliates of Highview Capital LLC and A&M Capital Partners, acquired C&C Produce, a distributor of…

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Kraft Heinz promotes Abby Blunt to strategic advisor

September 9, 2021

Abby Blunt The Kraft Heinz Co. has promoted Abby Blunt from the global government affairs team to strategic advisor for environmental, social and…

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Feds expand Economic Injury Disaster Loan cap, usage options

September 9, 2021

The White House and the U.S. Small Business Administration have overhauled the Economic Injury Disaster Loan program, increasing the loan cap and expanding…

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Aramark introduces contactless ordering at NFL stadiums

September 8, 2021

Aramark Corp., a food and beverage partner of 10 NFL teams, is introducing state-of-the-art ordering methods to enhance the game day experience, including…

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Sysco to acquire UK's Medina Foodservice

September 7, 2021

Sysco Corp., s foodservice distribution company, will acquire Medina Foodservice in the U.K. for an undisclosed sum, according to a press release.

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Brazil frost drives sugar prices to 4-year highs

September 3, 2021

Sugar prices jumped to four-year highs after a Brazil frost diminished the cane crop in the world's largest producer, causing hedge funds to drive the market's…

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Hormel Foods reports record sales for Q3 2021

September 2, 2021

Hormel Foods Corp. delivered all-time record sales during the third quarter ending July 25, 2021, as net sales rose 20% from $2.38 billion in Q3, 2020 to $2.8…

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Performance Food Group completes Core-Mark acquisition

September 2, 2021

Performance Food Group Co. has completed the acquisition of Core-Mark Holding Co. Inc., creating a convenience business within PFG's Vistar segment that…

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Campbell Soup boosts earnings on sales decline for Q4, FY 2021

September 1, 2021

The Campbell Soup Co. managed to improve earnings for Q4 and FY 2021 despite declining sales, according to an earnings release.

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Private capital firms invest in Monogram Foods

August 31, 2021

Pritzker Private Capital has acquired an unspecified stake in Monogram Foods, a manufacturer of U.S. food brands that has long been active in the convenience…

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