Canadian Agricultural cooperative Agropur has entered into an agreement to acquire Coast Mountain Dairy, an ice cream producer based in British Columbia, Canada, for an undisclosed amount.
Krispy Kreme, a US-based specialty retailer and wholesaler of doughnuts and sweet treats, has signed an agreement with existing franchisee Lotteria to develop 60 new Krispy Kreme franchise outlets in South Korea over the next five years.
For the second year in a row, vanilla scooped the No. 1 spot as America’s favorite ice cream flavor, according to results of the second annual survey of International Ice Cream Association.
Europe's leading private-label ice cream maker, R&R Ice Cream, has confirmed its plans to shut down Crossgates factory in Leeds by the end of this year.
Home meal replacements or prepared foods from supermarkets, drug stores, and other retail outlets will continue to capture share of the meal/snacks market by stealing visits from restaurants.
The board of directors of Krispy Kreme Doughnuts, Inc. has approved the repurchase of up to $50 million of the company’s common stock, effective immediately.
Buoyed by revenues and a rebound in its U-Swirl yogurt business, earnings at Rocky Mountain Chocolate Factory Inc. increased 11% in the first quarter of fiscal 2014.
Smoothie King Franchises, a privately held New Orleans-area-based franchise company and a smoothie bar and nutritional lifestyle center, is eyeing Jacksonville, Florida region expansion through franchise route.
UK-based cheese manufacturer Futura Foods has sold 44% stake to Danish dairy firm Nordex Food for an undisclosed amount, as part of its efforts to strengthen its presence and bring Nordex's into the country.