Archives for June 28, 2018

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Conagra Brands acquires Pinnacle Foods shares

By Ashley Williams

US packaged foods company Conagra Brands has reached an agreement with manufacturer Pinnacle Foods to acquire its remaining shares and debts, in a deal worth $10.9 billion.

Starbucks launches packaged Teavana in grocery stores

By Rachel Arthur

Starbucks is introducing Teavana tea sachets in US grocery stores, expanding availability of the brand as Starbucks aims to increase its overall tea business to $3bn over the next five years.

Canada invests $12.7m in swine sector innovation

By Ashley Williams

Canada’s Ministry of Agriculture has invested CA$12.7m to Swine Innovation Porc to facilitate research into the swine sector under the Canadian Agricultural Partnership program.