McCain, the leading frozen potato firm, has entered into an agreement to acquire Penobscot McCrum LLC (McCrum), one of North America’s premier suppliers of frozen potato specialty products. As a result of the acquisition, McCrum’s Maine processing facility will operate independently and agree a potato supply arrangement with McCain, and about 130 employees at the plant will move to McCain. Commenting on the acquisition, McCain Foods regional president, North America, …
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McCain Foods
McCain has signed an agreement to sell its Australian Sara Lee baked foods business to New Zealand-based group South Island Office (SIO) for an undisclosed sum, according to a Food Business News report. Sara Lee will join Original Foods Baking, a complementary company acquitted by SIO in 2020, which makes brownies, slices and bites. The partnership will allow both businesses to gain exposure to new channels and markets, SIO said. …
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