Apollo Offers $1.1 Billion to Buy Back Smart & Final Stores

Smart & Final A Smart & Final store in West Los Angeles, Calif. (WikiMedia)

Apollo Global Management is getting back into the grocery business in a big way.

Daniel P. Bearth | Senior Staff Writer
April 22, 2019
Business, Technology

FoodMaven Secures $10 Million Funding Round

vegetables closeup TT file photo

FoodMaven, which provides an online marketplace for oversupplied, out-of-spec and local food, has closed a $10 million round of funding, the Colorado Springs, Colo., startup said.

January 29, 2019

H.I.G. Capital Acquires Lipari Foods

Lipari Foods A Lipari sign. (Great Lakes Aerial Video Services via YouTube)

Global private equity firm H.I.G. Capital has acquired Lipari Foods from Sterling Investment Partners, per a Jan. 8 press release. Financial terms were not disclosed.

January 16, 2019
Business, Logistics

MonarchFx Launches Fulfillment Systems for Food and Beverage Sector

MonarchFx, a business unit of Tompkins International, announced the launch of its customer-centric fulfillment systems for the food and beverage sector.

Monarch logo

June 27, 2018
Government, Business

Dot Foods to Expand Operations in Western Maryland

Dot Foods

Dot Foods will expand operations in western Maryland with a two-phase project that will add at least 100 new jobs over the next seven years, many of which will be truck drivers, the company announced on Sept. 14.

September 16, 2016
Business, Safety

FDA Issues Food Safety Rule

Thermo King Corp.

The U.S. Food and Drug Administration last week issued its final rule establishing new requirements for the sanitary transportation of human and animal food by truck and rail, to guard against food contamination.

Eric Miller | Senior Reporter
April 11, 2016

FDA Plan Costly, Unnecessary, Agricultural Haulers Caution

A proposed federal rule that would toughen requirements for the transport and handling of food would be costly and is unnecessary, trade groups representing food haulers, farmers and distributors said.

August 11, 2014

Tyson Bids $6.2 Billion for Hillshire

Daniel Acker/Bloomberg News

Tyson Foods Inc. made an unsolicited $6.2 billion offer to buy Hillshire Brands Co., trumping a competing bid from Pilgrim’s Pride Corp. of $6.1 billion.

May 29, 2014
Business, Government

FDA Proposes Tougher Food-Shipping Rules Aimed at Reducing Risk of Contamination

The U.S. Food and Drug Administration has issued a proposed rule that will toughen the requirements for truckers carrying food, as well as shippers and receivers.

February 10, 2014
Government, Business

FDA Proposes New Standards for Safe Food Transportation

Thermo King Corp.

The U.S. Food and Drug Administration on Jan. 31 announced its proposed food safety rule requiring truckers carrying food, as well as the shippers and receivers, to use sanitary practices that ensure food does not become contaminated.

Eric Miller | Senior Reporter
January 31, 2014