The Cheesecake Factory: Provides Business Update
Calabas Hills / CA. (cf) The Cheesecake Factory Incorporated provided a business update given the ongoing COVID-19 pandemic. The Company began to reopen dining rooms across its concepts the second week of May. As of today, approximately 25 percent of the Company’s restaurants across...
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Orkla ASA: acquires PepsiCo’s Havrefras brand
Oslo / NO. (ok) Through its wholly-owned subsidiary Orkla Foods Sverige AB, Norway’s Orkla ASA has signed and completed an agreement with PepsiCo Inc. to purchase the Havrefras brand, including Rug Fras and Mini Fras, which holds a strong market position in Scandinavia in healthy breakfast cereals.
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Covid-19 is making short work of Adelie, right?
Heathrow / UK. (eb) In the High Court of Justice, Business and Property Courts Adelie Foods Limited, Adelie Holdco UK Limited, Brambles Foods Group Limited, Adelie Foods Group Limited and Adelie Foods Bidco Limited – together «Adelie Foods» – have filed for administration on 26 May 2020.
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Red Robin: Preliminary Sales Results Q1-2020
Greenwood Village / CO. (rrgb) Red Robin Gourmet Burgers Inc., a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, provided a business and operational update and reported preliminary sales results for the fiscal first quarter...
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Aldi US: Expands Curbside Grocery Pickup
Batavia / IL. (aus) Aldi Inc., one of the fastest-growing retailers in the U.S., is expanding its Curbside Grocery Pickup to offer even more options to customers. After a successful pilot in select markets, Curbside Grocery Pickup will be available in nearly 600 Aldi stores across the country by the...
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Firmenich: Successfully Completes Acquisition of DRT
Geneva / CH. (fisa) Firmenich International SA, a global leader in the Flavor + Fragrance industry, is pleased to announce the completion of its acquisition of Les Dérivés Résiniques et Terpéniques (DRT). DRT is a world leader in the development and supply of high quality, renewable and naturally...
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NBF: Lotus Bakeries now owns 97.9 percent
Lembeke / BE. (lbbv) In 2019, Lotus Bakeries has reached an agreement with Natural Balance Food’s Founders Jamie + Greg Combs to purchase the majority of their remaining stake, in a deal that gives Lotus Bakeries 97.9% ownership. To ensure the continuity of the brands DNA and to help realize...
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Aryzta AG: Board will move to call requested EGM
Zurich / CH. (aag) Further to its announcement of the receipt of a request from Cobas Selección FI and Cobas International FI and Veraison Sicav to convene an EGM of the Company, Swiss-Irish Aryzta AG confirms that the Board has carefully considered the request and commissioned its governance...
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Conagra Brands: Continues Deleveraging Process
Chicago / IL. (cag) ConAgra Brands Inc. announced continued progress against its deleveraging efforts and steps to further enhance its balance sheet strength and financial flexibility. Conagra will pre-pay, effective May 29, 2020, the remaining USD 275 million outstanding under its senior floating rate...
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Gotham Greens: Opens New Greenhouse In The Rockies
New York City / NY. (gg) Gotham Greens Holdings LLC, a leading urban greenhouse developer and grower of locally and sustainably grown produce, announced the official opening of its new greenhouse in the Mountain Region. The 30,000 square foot greenhouse, adjacent to Stanley...
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