Industry News
Pilgrim’s Pride Corp. acquired Moy Park, a poultry and prepared foods supplier with operations in the United Kingdom and Continental Europe, from JBS SA, in a transaction valuing the equity interest at approximately $1 billion, implying an enterprise value of about $1.3 billion.
Post Holdings is buying Bob Evans Farms for approximately $1.5 billion.
Mars Food is relocating its North American headquarters from Los Angeles to Chicago.
Coca-Cola purchased premium sparkling water brand Topo Chico from Arca Continental for $220 million.
SUEZ completed the acquisition of GE Water & Process Technologies, which is valued at approximately $3.8 billion.
Barry Callebaut successfully closed the acquisition of D’Orsogna Dolciaria, a leading specialties and decorations player.
Walmart acquired technology-based, same-day and last-mile delivery company Parcel in an effort to expand its delivery services.
Inventure Foods Inc. signed a deal with the Oregon Potato Company, selling its frozen business for $50 million.
Nestlé acquired a majority stake in Blue Bottle Coffee, a high-end specialty coffee roaster and retailer based in Oakland, Calif.
Tetra Pak acquired filling-machine supplier Big Drum Engineering GmbH, strengthening its product offering for ice cream manufacturers.
Siemens, a global engineering and technology service provider, and PAS Global, a provider of industrial control system (ICS) cybersecurity solutions, announced an agreement to provide fleet-wide, real time monitoring for control systems.
CERTUS, innovators in food safety technologies, announced an expanded partnership with Solus Scientific for the immediate distribution of the Solus Pathogen Testing System across the United States food safety market.
People News
Hormel Foods Corp. elected Jim Snee to be the next chairman of the board, in addition to his positions of chief executive officer and president.
tna appointed Steven Wolfe as the new general manager for North America.
Flowers Foods appointed Debo Mukherjee to the newly created role of chief marketing officer. The company also named Harish Ramani senior vice president and chief information officer.
WAGO named Toby Thomann as president of its North American headquarters in Germantown, WI.
Bacardi Ltd. named Mahesh Madhavan CEO, succeeding Michael J. Dolan, who retired.
Kellogg named Steven Cahillane, formerly Nature’s Bounty CEO, as its new CEO. He is replacing John Bryant, who is retiring.
Ready Pac Foods, Inc. appointed its chief supply chain officer Peter Laport to the role of COO.
Hayssen Flexible Systems, a Barry-Wehmiller company, named Douglas McGraw as its new president.
Haskell, an architecture, engineering and construction firm, named it COO James O’Leary as president.
The Austin Company, an international design, engineering, construction, design-build and site location consulting firm, named Jeffrey E. Dearduff corporate director of baking and snack.
ESE, Inc., which designs and develops plant automation systems for the food and beverage industry, hired Bill Broda as senior process control engineer.
