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

Employing six individual filling heads and a single-head seamer, the CB50C uses isobarometric counter-pressure technology coupled with proprietary magnetic flowmeters, to deliver a system capable of one-milliliter filling precision.

Pneumatic Scale Angelus CB50C Counter-Pressure Integrated Canning Line

Machine helps craft beverage producers meet customer demand with isobarometric counter-pressure technology and proprietary magnetic flowmeters.

Carlos Ludlow Palafox, inventor of microwave-induced pyrolysis for recycling flexible packaging

Alternative for hard-to-recycle packaging waste

Carlos Ludlow Palafox, CEO of Enval Ltd. and the creator of a unique technology based on microwave-induced pyrolysis for flexible packaging including plastic laminates, shares his vision.

Stewart Leeth, chief sustainability officer for Smithfield Foods, accepts the “Profit with a Purpose” World Sustainability Award on behalf of the company.

Smithfield Foods Wins World Sustainability Award

The company has been recognized for aligning sustainability and profitability through its innovative renewable natural gas programs, which significantly reduce carbon emissions by converting methane from hog manure into clean energy.

Viswanath Puttagunta, president and CTO, Power Central, demonstrates the company's Microsoft dynamics ERP platform.

Power Central ERP System for Small and Mid-size Food Companies

ERP for food makers incorporates barcode mobile apps enabling SQF compliance and rapid growth.

Ferrero Ground Breaking

Ferrero Building Its First-ever North American Chocolate Processing Facility

The $75 million project will be instrumental to Ferrero’s building on its growth in the market, and advance the company’s goal of being a world leader in global confectionery.

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Beckhoff Showcases XPlanar Updates

At PACK EXPO Las Vegas 2021, Beckhoff highlighted is XPlanar materials handling system that uses levitating movers to transport materials for packaging, assembly or transfer.

Cargll Dawson Plant

New Production Facility Supports Joint Venture Between Cargill and Puris

The new Minnesota plant will double Puris’s pea protein production capacity, enabling the company to meet growing consumer demand for sustainable plant-based foods.

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Leak Detection System

At PACK EXPO Las Vegas 2021, Emerson demonstrated its CT4215 leak detection system which uses quantum cascade lasers to detect leaks in real time.

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Innovation Stage Interview: State of Snacking

Kim Overstreet interviews SNAC International's David Walsh as he discusses current trends in snacking.

Savencia Buys Hope, a Leading U.S. Plant-based Dips and Spreads Brand

The acquisition adds fast-growing, ‘better-for-you’ products to Savencia’s portfolio in the U.S. and provides an opportunity to expand its consumer options for great-tasting, plant-based products.

Vision & sensor cap inspection system

Clever Syrup Capper & Reject System Eliminates a Sticky Situation

Quebecois syrup producer Nokomis Maple Products had a big fill inconsistency and reject problem that often made a sticky mess. An easy-to-use new capper with advanced inspection features made a big difference in reducing rejects and keeping things moving.

PACK EXPO’s Innovation Stages Detail Interesting Trends in Food Manufacturing

This year’s PACK EXPO Las Vegas featured several interesting presentations on its Innovation Stages. See highlights around functional nutrition, high pressure processing, and new packaging techniques from Bumble Bee on this Take Five video.

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VFFS Bagger Squeegees Air Out for Faster, Flatter Packing of Hot Liquids

Triangle Packaging Machinery demonstrates its Model XYTLF, a vertical form/fill/seal bagger for hot fill, pumpable foods. Its servo-controlled squeegee system helps eliminate costly leakers and headspace inside the package.

Mars Pledges Fresh Climate Action to Achieve Net Zero Emissions by 2050

The move advances Mars’s previous pledge to cut emissions in its full value chain by 67% by 2050 and reaffirms a near-term target to cut GHGs in its full value chain by 27% by 2025.

The idea for the project emerged when a Conagra Brands plant engineer attended PACK EXPO and discussed ways to improve the plant’s current operation with an exhibitor.

Conagra Brands Paper Waste Reduction Project Is on a Roll

Project ties for second place in the project category of ProFood World's Sustainability Excellence in Manufacturing Awards.

Del Monte Foods Publishes 2021 Sustainability Report

The plant-based foods leader’s report highlights progress toward the company’s sustainability goals and its efforts to increase food access and expand nutrition education.

Global 250: Health Comes to the Fore

If one word sums up prevailing consumer attitudes, it’s “Health.” Despite the shakeup amid the ongoing pandemic, many top companies in ProFood World’s Global 250 Food and Beverage Manufacturers list have maintained their positions.

Maple Leaf Foods Creates Bacon Centre of Excellence at Winnipeg Plant

The expansion of the prepared meats plant and creation of the centre significantly increase its production capacity and position the company to meet growing customer and consumer demand in the pre-cooked bacon market.

In this rotary batch mixer at Pablo & Rusty’s Coffee Roasters, internal flights direct beans toward and through a stationary discharge as the vessel rotates until fully evacuated.

New Advances in Mixing and Blending Meet Merging Challenges

As food and beverage manufacturers face changing market demands, safety requirements, and sustainability goals, mixing and blending technologies are meeting market challenges with increased automation, rapid cleaning, and customized approaches.

Agropur Planning New Wisconsin Facility

The new state-of-the-art facility is being constructed to meet growing market demand and significantly increase the company’s production of cheese and dairy ingredients.

More in Home

JBT Expanding European Presence

The company is opening a new facility in Spain that will manufacture and distribute JBT’s fresh produce technologies and product lines, and create identification solutions.

The cylindrical shape of the PET kegs adapts well to the processing chamber of the Hiperbaric HPP in-pack units.

PET Kegs Meet High Pressure Processing

Hiperbaric teamed up with Petainer, putting its One Way PET Keg under pressure to enable the cold-pressed juice market to take advantage of keg dispensing.

HPP aligns with consumer health trends

Health-Based a Top Trend in High Pressure Processing

HPP touches on the better-for-you and clean-label consumer trends, as well as sustainably utilizing perishable produce, and the growing pet food market.

PACK EXPO Las Vegas 2021 Technology Excellence Awards Winners Unveiled

Chosen by a panelist of packaging professionals and voted on by show attendees, winners include a new can-end design, an innovative roll-fed labeler, and an HPP bulk beverage technology.

Leprino Foods Building $870 Million Facility in Texas

Supplied by local dairy farmers, the 850,000-sq-ft site will make mozzarella and nutrition products that will be distributed throughout the U.S. and internationally.

Ruprecht provides proteins cooked sous vide, a safe cooking process that vacuum seals the food and places it in temperature-controlled water.

Enterprise Resource Planning Essential Amid Strong Market Growth

Ruprecht, a sous vide cooked protein maker, integrates an ERP system purpose-built for food processing to build its Industry 4.0 foundation, helping operations better align with—and gain insights into—finance matters.

The TOMRA 5C combines sensors with machine learning and big-data analysis to ensure as accurate foreign material removal as possible.

TOMRA Food’s Highlights Sensor-Based Sorting Systems for Nut and Dried Fruit

TOMRA Food showcases the TOMRA 5C, its state-of-the-art sorting systems for the nut and dried fruit segment at PACK EXPO Las Vegas.

The cloud-based VR164+ offers international advanced multi-spectral analysis technology, along with Hawk-Eye recognition technology, and intelligent shape sorting automation.

Anysort Highlights Hawk-Eye Technology and Infrared Sorting

In the Processing Zone at PACK EXPO Las Vegas, Anysort U.S.A demonstrates its cloud quality sorting capabilities, multi-dimensional algorithm, and Hawk-Eye recognition technology.

Why Your Peers Came to PACK EXPO Las Vegas 2021 (and Why You Should Too!)

Watch interviews with PACK EXPO Las Vegas attendees on what they came to find and what they discovered at the largest comprehensive packaging and processing event in the world this year.

Veryx 2.0 belt-fed and chute-fed digital sorters

Optical Sorters Get a Boost in Performance, Longevity, Smarts

The Veryx 2.0 is the latest digital sorter from Key Technology, offering enhancements over its original flagship product in mechanical layout, LED illumination, laser scanning, and artificial intelligence.

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PACK EXPO Las Vegas and Healthcare Packaging EXPO, A Huge Success

The industry reunites for most comprehensive packaging and processing event.

Diageo Lebanon Distillery

Diageo Opens Its First North American Carbon Neutral Whiskey Distillery

Diageo’s new distillery will operate using 100% renewable electricity, zero fossil fuels for production, and virtual metering technology, reflecting its commitment to net-zero carbon across direct operations by 2030.