Hormel Foods Buys Planters

The company’s addition of the strategic leading brand continues its evolution as a global branded food business.

Feb 10th, 2021

Hormel Foods has entered into a definitive agreement with Kraft Heinz to acquire the Planters snack nut portfolio, including the Planters, NUT-rition, Planters Cheez Balls, and Corn Nuts brands, for $3.35 billion. The transaction is expected to close in the second quarter of this year, subject to regulatory review and approval.

Kraft Heinz Co.

Hormel Foods

JBS buys European plant-based food producer Vivera

JBS Buys European Plant-based Food Producer Vivera

The purchase of Vivera, Europe’s third-largest plant-based protein producer, boosts JBS’s global position in the exploding plant protein market.

Inputs for materials, equipment, and labor will be getting more expensive across the board, but a tight labor market will be the biggest limiting factor for CPGs. Automation is a great way to circumvent this.

Live at the ELC: Economic Forecast for Brands Timing Their Packaging Machinery Procurement

The U.S. and global economies are poised for a long period of expansion, meaning more consumer spending power and top line growth for brands, but also higher input prices for CPGs, including materials, machinery, and labor.

PACK EXPO Las Vegas and Healthcare Packaging EXPO 2021

Packaging and Processing Industry Ready For Safe Return of In-Person Trade Shows

PACK EXPO Las Vegas and Healthcare Packaging EXPO prepares safe return for industry eager for in-person trade shows

Thom Hansen, Admix Coo

Admix Appoints New Chief Operating Officer

Thom Hansen joins the company to advance its manufacturing, assembly, supply chain, and regulatory compliance efficiencies.

Tyson Foods Opens New Tennessee Poultry Complex

The $425 million project, which includes a processing plant, feed mill, and hatchery, represents Tyson’s biggest investment in Tennessee.

Chaly Jo Moyen, Conagra foodservice & international business president

Conagra Names New Business Segment President

Industry veteran Chaly Jo Moyen has assumed the leadership of the company’s foodservice & international business segment.

Beyond Meat Opens Plant-based Meat Manufacturing Facility in China

The company becomes the first multinational entity focused solely on plant-based meat production to open its own production facility in the country.

McCormick Expands London, Ontario Manufacturing Facility

The company deepens its local roots by bringing the blending, bottling, and packaging of iconic French’s Ketchup in-house.

Sun-Maid Buying Plum Organics

The company is set to acquire the premium organic baby food and kids snacks brand with its diverse portfolio from Campbell Soup Company.

Royal Canin Planning New Factory in Ohio

Royal Canin North America, a leader in pet health nutrition, will be building a new factory in Lewisburg, Ohio to meet the growing demand for its premium products.

JC Dalto, Dole Packaged Foods president and and managing director, Americas.

Dole Packaged Foods Names New President

Juan Carlos Dalto takes on leadership position to oversee the company’s expansion in North and Latin America.

Nomad Foods Buying Fortenova Group Frozen Food Business

The acquisition builds on Nomad’s growth strategy and its five-year track record of top-tier shareholder value creation.

Lamb Weston Investing in New French Fry Processing Facility in China

The $250 million investment serves as an example of the company’s commitment to its strategic customers and supporting their growth plans into the future.

Blackline Cold Storage, Houston

Blackline Cold Storage Building New Facility at the Port of Houston

The facility, which will be owned in partnership with Artemis Real Estate Partners, will be designed to serve a broad range of customer requirements.

Maple Leaf Foods Buys Indianapolis Plant

The facility will be used to increase the company’s tempeh production capacity to meet growing consumer demand.

Diageo Facility

Diageo North America Expanding Operations

The project will help the company meet increased consumer demand for convenient formats that are ideal for casual and at-home occasions.

Mars Petcare Expanding Operations

The investment will enable the facility to expand its capabilities to manufacture the Royal Canin and Eukanuba health and nutrition product lines.

2021 Pelv Hcpe Pelv Dominant New No City State Rgb

The Processing Zone Returns to PACK EXPO

Cold Pressure Council conference and Processing Zone bring processing focus to PACK EXPO Las Vegas 2021

Tyson Foods Converting South Carolina Plant

The company plans to reopen an idle Tyson-owned facility as part of its consumer-ready products strategy.

Is Conagra Ready to Sell Hebrew National?

A deal may be in the works, reflecting Conagra’s reported desire to focus more of its efforts on its frozen foods and snacks brands.

More in Industry News

Gray And Clemens Rendering

Clemens Food Expanding Processing Operation

The company is building a new facility, in partnership with engineering, design, and construction firm Gray, to increase production and better serve its customers across the country.

Cargill Expanding Soy Processing Operations

Improvements will provide faster unloading of oilseeds and loading of products, increased capacities, and better overall logistics, safety, and ease of doing business.

PreZero US Acquires Roplast Industries

The Roplast acquisition is the next step in PreZero’s ambitious growth strategy.

Annual GFSI Conference to Be Held Virtually March 23 to 25

At the event, food industry professionals across public and private sectors will reflect on an unprecedented 12 months and discuss solutions to shared challenges.

Classic Carriers Logistics Warehousing Facility

Tippmann Innovation Expanding Classic Carriers Facility

The additional space will provide Classic with the ability to meet the rapidly growing needs for storage and services for temperature-controlled carriers.

Sm Graphic Tharp

Empathy & Authenticity Steer Bumble Bee through CHAOS

New unPACKed with OEM podcast debuts with Jan Tharp, president and CEO of the 120-year old company.

Digital Transformation 3 814

The Antares Vision Group Expands Software Capabilities Through the Acquisition of Rfxcel Corporation

Combining rfXcel’s software platform with Antares Vision Group’s Track & Trace complete solution will enhance value for Life Science and Food & Beverage customers in North America, Europe and Asia.

Industrial Magnetics Acquires Walker Magnetics Group

The deal helps expand the company’s permanent, electromagnetic, and electro-permanent magnetic technology and systems for industrial applications, and broadens its roster of products.

T. Marzetti Co. Expanding Kentucky Facility

Announced a year ago and paused by the pandemic, the project will add production capabilities to meet growing customer demand for a range of Marzetti products.

Nestle Waters Product Line

Nestlé Waters North America Brands Being Sold

The transaction enables Nestlé to focus on its international premium brands, local natural mineral waters, and high-quality healthy hydration products.

‘Pearl Milling Company’ to Replace Aunt Jemima Brand Name

PepsiCo, which owns the Quaker Oats Company, announced the forthcoming rebranding of the Aunt Jemima brand in 2020.

Anheuser-Busch Launching New PPE Recycling Program

The company’s craft business unit will be equipping craft facilities with zero-waste boxes and promoting safe recycling.