Bumble Bee Foods enters into an asset purchase agreement

Begins Chapter 11 proceedings

Nov 22nd, 2019

Affiliates of FCF Co., Ltd. have agreed to acquire Bumble Bee Foods’ assets for approximately $925 million. Bumble Bee has initiated proceedings under Chapter 11 of the U.S. Bankruptcy Code to facilitate the sale and reduce its debt burdens. Existing lenders have provided new financing commitments to ensure sufficient liquidity to fund Bumble Bee through the closing of the sale.

Bumble Bee Foods

Report shows foodborne illness outbreaks can be streamlined and conducted more effectively when supply chain partners provide extended product information during tracebacks.

Food Industry Collaborates to Support New Era of Smarter Food Safety

Leafy Green traceability pilots reveal the value of sharing extended product information during a traceback investigation.

Dr. Suppen is the Vice President of the Life Cycle Analysis Committee at the International Organization for Standardization, ISO, and serves as its liaison with this organization´s Circular Economy Committee.

The Circular Economy and ISO

Mexican expert Dr. Nydia Suppen discussed the progress made in defining four new ISO standards for a worldwide application and acceleration of the circular economy concept at EXPO PACK Mexico Webinar.

North American Meat Institute Wants Vaccine High-priority Status for Workers

The institute is asking for essential meat and poultry workers to receive COVID-19 vaccinations after healthcare workers.

J.M. Smucker Selling Natural Balance Business

The divestiture reflects the company’s strategy to focus on the core brands within Smucker’s pet food and pet snacks portfolio, such as Rachael Ray Nutrish, Milk-Bone, and Meow Mix.

Dave Navin shares how Spee-Dee Packaging kept on keeping on during PACK EXPO Connects.

Overcoming obstacles at PACK EXPO Connects

UNFI Commits to Limiting the Impact of Climate Change

United Natural Foods will be setting science-based targets to attain net-zero goals.

Nestlé USA Announces Accelerated Sustainability Plans

The company has revealed new projects and brand commitments to reach carbon neutrality and more.

COVID-19 is unsurprisingly the top priority for consumers at 64%, pushing the environment to second place with 49%.

Study Reveals New Consumer Attitudes

COVID-19 takes first priority, while environment continues to be important. Food safety and food waste are growing concerns.

B&G Foods Acquires Crisco Brand

The company adds the iconic brand to a portfolio of over 50 other brands, including Cream of Wheat, Green Giant, Mama Mary’s, Ortega, Polaner, and Victoria.

Grayson Natural Farms Expanding Operations

The organic meat snacks wholesaler, which operates under the Landcrafted Food brand, will be adding square footage to its existing smokehouse and production facility.

John Dykstra, Key Technologydirector Of Service Operations For The Americas And The Asia Pacific Region

Key Technology Appoints New Director of Service Operations – Americas & Asia Pacific

John Dykstra will oversee Duravant’s SupportPro aftermarket services at Key to help customers operate and maintain their digital sorters, specialized conveyors, and other processing equipment at peak performance.

Molson Coors Beverage Company Increases Production Capacity by 400%

The company has revamped facilities to keep up with customers’ growing demand for its seltzers and other popular innovations.

An important factor in understanding asset reliability is in its relationship to overall equipment effectiveness (OEE). Asset reliability initiatives are focused on two key areas within OEE loss: planned downtime events and unplanned downtime events. Source: PMMI’s OpX Leadership Network OEE guidelines report.

The Drive to Zero Downtime

The time invested in building reliability initiatives can pay huge dividends in the future. Systems and equipment can become more reliable and allow food and beverage manufacturers to fulfill safety, quality, delivery, and cost objectives.

SunOpta Selling Global Ingredients Segment

The move will provide greater financial flexibility to enable the company’s accelerated growth in the production of value-added plant-based foods and beverages.

Shenandoah Valley Organic Opening Second Facility

The company's expansion will increase production capabilities, allowing more product availability in leading grocery stores across the United States.

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CPGs Lean on OEMs During the Pandemic

From equipment startups to training to more automation, manufacturers are asking machine builders to adopt new technology and service roles in difficult times.

Sidel Electric Merge

Sidel Enters Into Strategic Alliance With Elettric80

The companies will act as a one-stop source, allowing food producers to become more flexible, safe, and sustainable with Smart Factory-tailored solutions.

McCormick Buying Cholula Hot Sauce

The purchase will accelerate McCormick’s growth opportunities within its condiment platform and broaden its portfolio in the hot sauce category.

Shemesh Automation's new CMO, Anna Kingsley

Shemesh Rounds Off Year of Growth with the Appointment of Anna Kingsley as CMO

Following a period of unprecedented growth, Shemesh Automation is responding to increased demand for its industry-leading packaging machinery solutions by expanding its executive team with the appointment of Anna Kingsley as Chief Marketing Officer (CMO).

HelloFresh to Acquire Factor75

The move will assist HelloFresh’s U.S. growth plan, strengthening its leading position and expanding its total addressable market.

More in Home

Diageo Launches 10-year Sustainability Action Plan

It also has introduced a new global platform that will provide non-equity funding to startup and technology companies to help embed sustainability in its supply chain and brands.

Govzilla Announces New Customer Platform and Company Name Change to Redica Systems

After evaluating the club store format of its Keurig McCafe carton, KDP redesigned the packaging for e-commerce, working specifically with Amazon SIOC specifications.

Keurig Dr Pepper Helps Guide CPGs Through Amazon Packaging Compliance

Having braved its own journey into Amazon’s Ships in Own Container (SIOC) certification demands, KDP packaging engineers explain what’s required to ready products for e-commerce delivery.

Sunny Dell Foods is a private label and custom recipe provider of high-quality marinated and refrigerated mushrooms, pasta and other sauces, soups, dressings, marinades, peppers and capers.

A Quick Metal Detector Turnaround Gets Mushroom Maker Back Online

When a legacy metal detection system went down and brought production with it, Sunny Dell Foods was able to get back in operation with a brand new system in just 36 hours.

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Amazon future of E-Commerce Packaging

See the PACK EXPO Connects 2020 Sunrise Breakfast Kickoff with Dr. Kim Houchens, Director, Customer Packaging Experience at Amazon as she takes your through all the touches your e-commerce package has to survive!

Bendt No. 5 is Bendt Distilling Company’s first blended whiskey release, blending five different whiskeys made in-house.

Craft Distiller Turns Waste From Whiskey Process Into Revenue

A waste byproduct becomes a useful livestock feed for farmers by using a centrifugal sifter to dewater the stillage, the grain/water mixture stripped out after the fermentation process.

Tyson Foods Develops Global Forest Protection Standard

The company is focusing its efforts on reducing deforestation risk in its global supply chain of four key commodities: cattle and beef; soy; palm oil; and pulp, paper, and packaging.

New Cold Proposed Lebanon, Ind Facility

NewCold Announces Plans for New Cold Store Facility

The state-of-the-art facility will incorporate an advanced cold chain solution to ensure processes are sustainable, traceable, fully integrated with its customers’ processes.

Hannah Ihlenfeldt, Fristam Pumps Usa Bilingual Applications Engineer

Fristam Pumps USA Hires New Bilingual Applications Engineer

Hannah Ihlenfeldt will provide technical support and customer assistance to Fristam’s Latin American customers.

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Cannabis 2.0 -- Design, Engineering, Operations

Rarely does an entirely new industry emerge in packaging and processing, but the legalization of cannabis for medical and adult-use did just that.

Coca-Cola HBC has successfully begun the roll out of KeelClip™ technology in The Republic of Ireland, Northern Ireland, and Austria.

Coca-Cola Bottler Rolls Out KeelClip

Coca-Cola HBC has successfully begun the roll out of KeelClip™ technology in The Republic of Ireland, Northern Ireland, and Austria.

Ferrero Building First North American Chocolate Production Plant

The expansion will grow the company’s footprint and will allow the company to produce chocolate for Crunch, 100Grand, SnoCaps, Raisinets, Goobers, Ferrero Rocher, and other Ferrero products to be made in the U.S.