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  • ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
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  • NEWS & INSIGHTS
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Pictsweet

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1 MIN READ

USA: Pictsweet to buy Fresh Frozen Foods from Inventure Foods

March 24, 2017
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Food, Mergers & Acquisitions, North America

US-based food company Inventure Foods has announced the strategic sale of Fresh Frozen Foods to Pictsweet , a family-owned grower and processor of frozen vegetables, for a cash transition of about $23.7 million. According to a company statement, the sale of Fresh Frozen Foods is part of Inventure Foods’ strategy to reduce debt and improve its balance sheet and overall financial flexibility. Terry McDaniel, chief executive officer of Inventure Foods, …

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