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Latest Confectionary News and Insight

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Sovos Brands completes aquisition of Rao's Specialty Foods
Sovos Brands, a new food and beverage firm established by Advent International, has completed its the acquisition of Rao's Specialty Foods.
Processed Foods > Confectionary > News
McCormick to buy Reckitt Benckiser’s food business for $4.2bn
By FBR Staff Writer
US-based spice manufacturer McCormick & Company has agreed to acquire the food division of British consumer goods firm Reckitt Benckiser (RB) for $4.2bn to strengthen its flavor and condiments portfolio.
Processed Foods > Confectionary > News
Mars Chocolate North America unveils new TWIX Dark
Mars Chocolate North America has announced the launch of new varieties of its TWIX brand.
Processed Foods > Confectionary > News
KP Snacks to acquire Butterkist popcorn business from Tangerine
By FBR Staff Writer
British snacking company KP Snacks agreed to buy Butterkist, the popcorn business of Tangerine Confectionery for an undisclosed price.
Processed Foods > Confectionary > News
US Foods to buy Toba distribution companies
US Foods has agreed to acquire broadline distributors, The Thompson Company, Braunger Foods and Variety Foods, owned and operated by Toba.
Processed Foods > Confectionary > News
Marathon recalls hot dog products over bone piece contamination
By FBR Staff Writer
New York-based meat processor Marathon Enterprises is recalling over 7 million pounds of hot dog products over contamination with extraneous materials, particularly small pieces of bone.
Processed Foods > Confectionary > News
Teasdale Latin Foods purchases Rudy's Tortillas
Teasdale Latin Foods, which is majority owned by private equity firm Snow Phipps Group, has acquired Rudy's Tortillas, a provider of high quality tortillas and chips into the foodservice channel.
Processed Foods > Confectionary > News
Adelie Foods puts 180 jobs at risk with sandwich factory closure
By FBR Staff Writer
UK-based chilled food manufacturer Adelie Foods will close its sandwich factory in Middlesbrough, putting about 180 jobs at risk.
Processed Foods > Confectionary > News
Svoboda Capital Partners invests in Sonoma Creamery
Sonoma Creamery has secured a $10m equity investment from Svoboda Capital Fund IV (SC).
Processed Foods > Confectionary > News
HP Hood to add 230 new jobs at former Müller Quaker facility
By FBR Staff Writer
Dairy company HP Hood is planning to invest more than $200m in an idled yogurt production facility in western New York.
Processed Foods > Confectionary > News
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