Tyson Foods Inc. said late Monday it is exploring the sale of some of its “non-protein” brands.
The company, known for its chicken, pork, and beef products, said it is looking to sell its Sara Lee frozen bakery business, its Kettle frozen food business, and its Van’s frozen waffle and breakfast cereal business to focus more on its protein products.
“Through our ongoing strategic planning process, we’re continuously looking at ways to maximize the effectiveness and growth potential of our protein-based portfolio of products,” said Tom Hayes, president and CEO of Tyson Foods, in a statement.
By Wallace Witkowski
LinkedIn Twitter Xing Facebook EmailGodiva has announced the upcoming departure of CEO Annie Young-Scrivner and the appointment of Nurtac Afridi as her interim replacement. According to Godiva, Young-Scrivner will depart […]
LinkedIn Twitter Xing Facebook EmailRémy Cointreau has acquired a majority stake in champagne producer, Champagne J. de Telmont, for an undisclosed sum. Founded in 1912, the champagne house is located […]
LinkedIn Twitter Xing Facebook EmailA European proposal to ban the use of names such as “burger” and “sausage,” as well as descriptive terms like “yogurt-style” and “cheese alternative,” from being […]