Aramark announced that it entered into definitive agreements to acquire two companies that will deliver growth and strengthen the company’s competitive position across its portfolio of Food, Facilities and Uniforms businesses. “Today is an historic day at Aramark as we announce we will join forces with two leading companies that will significantly improve how we… read more

Amplify Snack Brands, Inc. a leading marketer and manufacturer of branded better-for-you snack food products announced the promotion of Malcolm Burns to Senior Vice President and Managing Director International, effective October 5, 2017. Mr. Burns joined Amplify at the beginning of 2017 as Head of European Finance and has been leading the International business in… read more

Hearthside Food Solutions announces the signing of a definitive agreement to purchase Standard Functional Foods Group, a unit of privately held Standard Candy Company, subject to regulatory approval and customary closing conditions. SFFG is a contract manufacturer of nutritional and functional bars located in Nashville, Tennessee. The planned acquisition of SFFG will further enhance Hearthside’s… read more

Campbell Soup Company appointed Francisco Fraga Vice President and Chief Technology and Information Officer. In this role, Fraga will oversee Global Information Technology (IT) for Campbell, building a world-class IT function that delivers value to the business. Fraga reports to Bethmara Kessler, Senior Vice President, Integrated Global Services. “The pace of change in our digital world… read more

Four years ago, Peter Rahal was making protein bars in his parents’ Glen Ellyn kitchen. Today he agreed to sell his company, Chicago Bar Company, to Kellogg for $600 million. “We couldn’t have dreamed of this opportunity,” says Rahal, 31, who co-founded the company that makes the RXBar—made from only eggs, dates, nuts—with his childhood… read more

Troy Bader to Succeed John Gainor as President and Chief Executive Officer of International Dairy Queen, Inc. International Dairy Queen, Inc., a subsidiary of Berkshire Hathaway Inc. and long-time leader in the quick-service restaurant industry, announced that effective Dec. 31, 2017, current President and Chief Executive Officer, John Gainor, will retire. Current Chief Operating Officer,… read more

Four Corners Property Trust, a real estate investment trust engaged in the ownership of high-quality, net-leased restaurant properties is pleased to announce the signing of a definitive agreement to acquire 41 restaurant properties from Washington Prime Group Inc. for a purchase price of approximately $67.2 million cash. The transaction is priced at a cap rate consistent… read more

In the wake of the tragic Harvey deluge affecting so many of its customers in the Greater Houston area, Sweet Tomatoes www.sweettomatoes.com, with four locations in Houston, and Souplantation www.souplantation.com in California, are offering the following relief efforts: Free meals to First Responders and other volunteers with appropriate IDs including police officers, firefighters, Texas National Guard members and FEMA personnel… read more

Brands Inc. has entered into an agreement to acquire Homestyle Dining LLC, parent company to the Ponderosa Steakhouse and Bonanza Steakhouse brands (“Ponderosa” and “Bonanza”). Once the $10.5 million deal has closed, Ponderosa and Bonanza will be added to the Company’s existing portfolio of brands that includes Fatburger, Buffalo’s Cafe and Buffalo’s Express. The Company also… read more