Pinnacle Foods Finance - food industry company news Pinnacle Foods FinanceCompany news RSS feed

Overhill CEO says Bellisio offer best for shareholdersUS: Overhill: Bellisio sale "best path" for investors

16 May 2013

The CEO of US frozen-food firm Overhill Farms has said the sale of the business to peer Bellisio Foods is the best way to maximise value for shareholders.

US: Frozen-food firm Bellisio to buy peer Overhill Farms

15 May 2013

US frozen-food Bellisio Foods has struck a deal to buy Overhill Farms to boost its stable of branded and own-label items.

US: Pinnacle records "excellent" start to year

15 May 2013

US food group Pinnacle Foods said it had an "excellent" start to the year as it more than double earnings in the first quarter.

US: Pinnacle Foods prices IPO at high end of target

28 March 2013

US food group Pinnacle Foods has priced its initial public offering at the high end of expectations.

US: Pinnacle IPO to raise up to $580m

18 March 2013

US food group Pinnacle Foods has said it expects to raise up to US$580m in an initial public offering.

US: Pinnacle net profit rises on lower charges

6 March 2013

US food group Pinnacle Foods today (6 March) reported that it was back in the black in 2012 after lower charges boosted its bottom line.

US: Pinnacle Foods workers ratify new contract

20 February 2013

Workers at US food group Pinnacle Foods have agreed a new four-year contract that includes a pay increase.

US: Strike looms at Pinnacle Foods plant

9 January 2013

Hundreds of unionised workers at Blackstone Group-owned Pinnacle Foods have voted in favour of strike action in the US.

US: Pinnacle Foods readies public offering

3 January 2013

Private equity firm Blackstone Group is to launch an initial public offering for US food manufacturer Pinnacle Foods Group.

US: Charges dent profits at Pinnacle Foods

9 November 2012

US food firm Pinnacle Foods has booked a drop in third-quarter earnings, which were hit be charges related to restructuring and refinancing.

US: Charges hit Pinnacle Foods earnings

10 August 2012

US-based food group Pinnacle Foods has recorded a first-half net loss on the back of restructuring charges in the period.

US: Pinnacle Foods revamps pickle production

28 May 2012

US food manufacturer Pinnacle Foods Group is to end production at a pickles factory in Delaware after a decision to focus on branded versions of the product.

US: Costs impact Pinnacle Foods Q1 profits

11 May 2012

Higher input costs have hit first-quarter profits at US food group Pinnacle Foods Finance.

US: Pinnacle Foods makes FY net loss

15 March 2012

An increase in full-year sales failed to stem a net loss for US food manufacturer Pinnacle Foods.

UK: Blackstone quiet on Pinnacle IPO talk

29 February 2012

Private equity firm Blackstone Group has declined to comment on reports that it is gearing up to launch an initial public offering for US food manufacturer Pinnacle Foods Group.

US: Former ConAgra exec Boever joins Pinnacle Foods

14 December 2011

US food maker Pinnacle Foods Group has appointed Christopher Boever as executive vice president and chief customer officer.

US: Pinnacle Foods' Q3 moves back into profit

14 November 2011

US food manufacturer Pinnacle Foods has announced a third-quarter profit after a loss in the corresponding period last year.

US: Pinnacle Foods to extend Birds Eye Steamfresh range

12 August 2011

Pinnacle Foods has revealed plans to extend its Birds Eye Steamfresh range with four new varieties.

US: Pinnacle Foods blames Q2 profit fall on rising input costs

11 August 2011

Pinnacle Foods has blamed rising input costs as its second-quarter net profit halved.

US: Lower sales, input costs hit Pinnacle Foods Q1 EBIT

12 May 2011

Pinnacle Foods Finance has posted a fall in underlying operating profit for the first quarter of 2011 a drop in sales and higher input costs.

US: Pinnacle to close Birds Eye Foods site

18 April 2011

US food maker Pinnacle Foods Group is to end production at another of its factories, with a plant producing vegetables under the Birds Eye brand set for closure.

US: Pinnacle Foods profit hit by one-time charge

11 March 2011

US food manufacturer Pinnacle Foods saw its 2010 net profit hit by a reversal of a deferred tax valuation.

US: Pinnacle Foods appoints Fernandez as EVP and chief supply chain officer

9 February 2011

Pinnacle Foods group today (9 February) announced it has appointed Tony Fernandez as executive vice president and chief supply chain officer, effective immediately.

US: Pinnacle Foods to close Washington chili site

6 December 2010

Pinnacle Foods Group is to close its Nalley's chili production site in Washington state as the US company rejigs its manufacturing network after last year's acquisition of Birds Eye Foods.

US: Pinnacle Foods posts mixed Q3 results

11 November 2010

US food group Pinnacle Foods Finance has posted mixed third-quarter results, with EBIT and sales up but refinancing hitting its bottom line.

US: Pinnacle Foods posts growth on Birds Eye acquisition

10 August 2010

US food manufacturer Pinnacle Foods saw its second-quarter earnings grow on the back of its acquisition of Birds Eye Foods in late 2009.

US: Pinnacle Foods appoints two new creative agencies

14 July 2010

US food manufacturer Pinnacle Foods has appointed two new creative partners for brand marketing in its Duncan Hines Grocery Division and Birds Eye Frozen Division.

US: Pinnacle appoints Frito-Lay executive

8 June 2010

US frozen food group Pinnacle Foods Finance has appointed the head of PepsiCo’s Frito-Lay new ventures to lead its Duncan Hines Grocery division.

US: Birds Eye acquisition lifts Pinnacle Foods Q1

14 May 2010

US frozen food group Pinnacle Foods Finance has swung to a first-quarter profit in 2010 as its acquisition of Birds Eye Foods in November started to contribute to results.

just the facts – private-equity M&A in food

6 May 2010

Earlier this week, US private-equity firm Warburg Pincus agreed to acquire UK discount retailer Poundland, while UK peer Langholm Capital backed a management buy-out of UK herbs business Barts Spices. Here we take a look at other recent private-equity acquisitions in the food industry.

Welcome to the home of food information, insight & intelligence

Not a member? Join here