Tyson Foods, the US-based meat giant, has moved to buy local convenience food group AdvancePierre Foods Holdings in a deal worth US$4.2bn.
Chris Sliva, the CEO of AdvancePierre Foods, said the US-based meat products supplier will "accelerate" its M&A activity and expects acquisitions to "play a meaningful part" of the company's growth this year.
US group AdvancePierre Foods today (9 March) issued a forecast for its 2017 EBITDA above analyst forecasts.
US sandwich-to-entrée maker AdvancePierre Foods said yesterday (9 November) Chris Sliva will join the company's board as president from 14 November - and will succeed John Simons as CEO on his retirement next March.
AdvancePierre Foods Holdings has booked a dip in net sales for the third quarter of the year in the group's first results reported since its acquisition last month of cooked and raw beef and chicken Philly steak products manufacturer Allied Specialty Foods.
US sandwich maker AdvancePierre Foods has acquired Allied Specialty Foods, a manufacturer of cooked and raw beef and chicken Philly steak products, for US$60m.
AdvancePierre Foods Holdings, the US sandwich-to-entrée maker, today (10 August) reported higher half-year profits despite a decline in sales thanks to improved productivity and moves to increase prices.
AdvancePierre Foods, the US sandwich-to-entrée maker, has filed plans for an initial public offering of its shares.
The future of US convenience food group AdvancePierre Foods is the subject of fresh speculation, with claims private-equity owner Oaktree Capital Group is in talks with banks to float the business.
US sandwich maker AdvancePierre Foods is adding a sausage, egg and cheese Hot 'n' Ready square wrap to its range of breakfast sandwiches.
US food group AdvancePierre Foods, itself reportedly being lined up for sale, has announced its second acquisition in three weeks, with a move for frozen sandwich maker Better Bakery.
US sandwich maker AdvancePierre Foods is reportedly being prepared for a sale.
AdvancePierre Foods is to acquire the manufacturing operations of family-owned US sandwich firm Landshire.
The private-equity owners of Hostess Brands are reportedly mulling the sale of the US snack maker, just a year after buying the Twinkies owner.
A recall of US food manufacturer Sunland's peanut butter - which is believed to be contaminated with salmonella - has expanded further.
US produce group Chiquita Brands International has posted flat profits for fiscal 2011 but said it plans to expand its Fresh Express business this year by growing its organic business.
US produce group Chiquita Brands International has appointed a CFO to succeed Michael Sims who has left to join AdvancePierre Foods.
US company AdvancePierre Foods today (1 June) announced the acquisition of chicken processor Barber Foods.
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