USA: Utz Quality Foods to acquire Inventure Foods
Pennsylvania-based food marketer and manufacturer Utz Quality Foods has announced the acquisition of troubled snack maker Inventure Foods for $165 million. Inventure Foods, the owner of snack brand Boulder Canyon, had previously been attempting to tackle its substantial debt burden by offloading a number of business, including the sale of its frozen business to Oregon […]
USA: Inventure Foods divests frozen division
Inventure Foods, the US food manufacturer, has announced the divestment of its frozen division in its latest bid to reduce its debt burden. The firm announced it had entered into a definitive asset purchase agreement for the sale of its frozen business including the Rader Farms and Willamette Valley Fruit Company brands, as well as […]
USA: Pictsweet to buy Fresh Frozen Foods from Inventure Foods
US-based food company Inventure Foods has announced the strategic sale of Fresh Frozen Foods to Pictsweet , a family-owned grower and processor of frozen vegetables, for a cash transition of about $23.7 million. According to a company statement, the sale of Fresh Frozen Foods is part of Inventure Foods’ strategy to reduce debt and improve […]
USA: Inventure Foods launches Boulder Canyon Protein Crisps
Inventure Foods, a natural crisps and snacks firm, has entered into the functional food segment with the launch of Protein Crisps under the Boulder Canyon brand. Featuring pea and lentil proteins, Boulder Canyon Protein Crisps are available in two flavours: Dark Chocolate – which is said to have a balanced chocolate flavour that doesn’t make […]