Canned vegetables producer Bonduelle has announced that it is ‘in discussions’ to acquire a frozen foods plant Lebanon, Pennsylvania.
The facility is operated by American foods business Seneca Foods Corporation, and is used for the packaging of frozen products.
It was built in 2008 and acquired by Seneca in 2010. The plant has a capacity of 45,000 tonnes across seven packaging lines, as well as a large storage capacity.
‘This acquisition, including industrial assets, frozen product stocks and the employees at the Lebanon industrial site, is expected to close in the coming weeks,’ Bonduelle said in a statement.
Last year, Bonduelle reported full year turnover of €2.8 billion, which was 21.4% higher than the previous year.
The acquisition of Ready Pac Foods in the US was cited as a major driving force behind the firm’s performance.
Bonduelle operates 54 industrial sites and owned agricultural production sites around the world.
By Stephen Wynne-Jones
Source: European Supermarket Magazine
Consumer behaviors and preferences are evolving rapidly. With macro shifts in society, inflation and food supply challenges set to profoundly influence how people consume food and beverages, Givaudan is exploring what the world of dairy alternatives will look like in the coming decade.
After nearly three decades with AFI, Andersen is leaving to pursue a different career path “to work on diverse projects and explore opportunities to serve as board member”. Serving as CEO since 2010, Andersen joined AFI in 1994, initially overseeing applications and R&D. Over the years, he has maintained a strong focus on the whey business.
The Kraft Heinz Company has introduced five new members to its executive leadership team, who will collaborate with Carlos Abrams-Rivera upon assuming the CEO role in 2024. Pedro Navio will assume the position of North America president at the beginning of next year. In addition, Willem Brandt, Bruno Keller, Cory Onell and Diana Frost will join Abrams-Rivera and Navio on the executive leadership team.