GFM Network News


Juice producer Lassonde to buy Sun-Rype

Canada’s domestic fruit juice sector is poised for consolidation as Quebec’s Lassonde Industries mounts a friendly $80 million bid for Sun-Rype Products. Lassonde recently announced it has entered an agreement with subsidiaries of Sun-Rype’s owner, the Jim Pattison Group, to buy the Kelowna, B.C.-based fruit snack and juice maker and its two U.S. affiliates for […] Read more

Kellogg explores sale of cookie, fruit snack businesses

Reuters — Kellogg Co. said Monday it would reorganize its North American division and explore a sale of its cookies and fruit snacks units, which include brands such as Keebler and Stretch Island, as it sharpens focus on its core businesses. Like other packaged food makers, Kellogg has struggled to boost sales as consumers shift […] Read more