The Inventure Group, a snack food manufacturer, has added three new flavors to its Burger King line of snack chips. The three flavors include Hot Fries, Cheese Fries and Hot & Spicy Onion Rings.
Sensible Portions, a developer and marketer of gourmet snacks, has launched three new snack products namely Miner's Gold, Potato Straws and Apple Straws.
Jack in the Box has started rolling out its new French fries this month, which are available at participating restaurants in three sizes such as small, regular and large, priced at $1.39, $1.79 and $1.99, respectively.
Nutiva, a California based organic-food brand, will introduce a new line of raw Coconut Oil and Coconut Chips, at the March 11-14 Anaheim Natural Products Expo West, Booth 2223. The company claims that these are certified-organic.
YoNaturals, a San Diego based vender of natural & organic snacks, has partnered with Los Angeles Area Schools and Health Clubs to increase the sale volume in the California region. It offers Clif Bar, Pirate's Booty, Stacy's Pita Chips, Horizon Organic milk and Apple & Eve's FizzEd juices.
Shearer’s Foods, a producer and distributor of branded contract pack and private label seasoned snack foods, has signed an agreement to acquire Snack Alliance and its Canadian affiliate, a branded contract pack and private label snack producer in North America. Completion of the transaction will be contingent up on customary regulatory approval.
Diamond Foods has entered into an agreement to acquire Kettle Foods, a maker of potato chips, from Lion Capital for $615m in cash. Pursuant to the agreement, Diamond will acquire Kettle operations in both the US and the UK.
Diamond Foods has reported net sales of $184.17m for the second quarter of fiscal 2010, an increase of 22% compared to $150.59m for the same quarter previous year.
ConAgra Foods has reaffirmed that its expects fiscal 2010 EPS from continuing operations, excluding items impacting comparability to approach $1.73. In the long term perspective, the company anticipates annual sales growth in the range of 3% to 4% and annual earnings per share (EPS) growth in the range of 8% to 10%.
North Castle Partners (North Castle), a Private equity firm, has said that it has recapitalized flatbread maker Flatout, in partnership with co-founders Stacey and Mike Marsh, and the terms of recapitalization were not disclosed.
Reliv International, a developer, manufacturer and marketer of nutritional supplements, has introduced two new products to its relivables line at the company's national conference. The two products include soy nuts and healthy snack bars.
