Culver Specialty Brands division now owned by B&G Foods
LONDON and ROTTERDAM, Netherlands — Unilever has completed the sale of one of its divisions to B&G Foods.
Unilever said its Culver Specialty Brands division — whose portfolio includes Mrs. Dash salt-free seasoning blends, Molly McButter flavored sprinkles, Sugar Twin sugar substitute, Baker’s Joy baking spray and Static Guard anti-static spray, all of which are sold in the United States and Canada — was sold to B&G Foods in an all-cash transaction valued at $325 million.
The division, which garnered $90 million in revenue for Unilever for the 12 months ended in September, became part of the company after Unilever’s acquisition of Alberto-Culver.
ConAgra completes National Pretzel acquisition
OMAHA, Neb. — ConAgra Foods has completed its acquisition of private-label pretzel maker National Pretzel, the company announced.
The company announced its agreement to acquire National Pretzel from Brookstone Holding on Nov. 11. Financial terms were not disclosed.
Lancaster, Pa.-based National Pretzel includes three bakeries located in Lancaster, Pa., Hanover, Pa., and Visalia, Calif. Additionally, more than 700 National Pretzel employees officially joined ConAgra as part of the transaction, the company said.
Nestlé Crunch introduces limited-edition candy bar for holidays
GLENDALE, Calif. — Nestlé Crunch has unveiled a limited-edition chocolate bar that will be available this holiday season.
Partnering with Paul Frank Industries, the candy is a 2.75-oz. bar tucked inside a colorful gift envelope, which doubles as a holiday card and features characters from the Paul Frank collection, including Julius the Monkey and Clancy the Giraffe.
As part of the release, the companies also have launched the Nestlé Crunch/Paul Frank stocking stuffer online sweepstakes on Facebook, where fans can earn the chance to win various prizes, including a month’s supply of Nestlé Crunch bars and one Paul Frank product.
The Nestlé Crunch Paul Frank bar is available at Target stores nationwide for the holiday season.