Pinnacle Foods Group Inc.

News & Analysis

pinnacle foods group inc. - All News and Analysis

• Blackstone set to buy Pinnacle

  - 2007-02-13

  Blackstone Group LP agreed to buy Pinnacle Foods Group Inc. for $2.2 billion including debt, becoming the third private-equity firm in four years to own the maker of Duncan Hines cake mixes and Hungry Man frozen dinners. Blackstone, based in New York, is acquiring Pinnacle of Cherry Hill,...

  Tags: Blackstone Group LP, Kraft Foods Inc., Pinnacle Foods Group Inc.

• Familiar Brands, Fresh Sale

  - 2007-02-13

  The Blackstone Group has agreed to buy Pinnacle Foods Group Inc., whose brands include former Campbell Soup Co. staples Vlasic pickles, Swanson frozen dinners, and Mrs. Paul's frozen seafood, for $2.16 billion. The deal, expected to close in the first half of this year, shows that deep-pocketed investors still...

  Tags: Blackstone Group LP, Pinnacle Foods Group Inc., Vlasic Foods International Inc.

• Blackstone to buy Pinnacle Foods

  - 2007-02-12

  Pinnacle Foods Group Inc., whose brands include former Campbell Soup Co. staples Vlasic pickles, Swanson frozen dinners, and Mrs. Paul's frozen seaford, is moving from one set of private-equity owners to another for $2.16 billion. Pinnacle, which employs 150 in Cherry Hill, originated in 2001 with the $370 million...

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• Pinnacle Foods names CEO

  - 2006-06-14

  Pinnacle Foods Group Inc. said today it appointed Jeffrey P. Ansell, a 25-year veteran of Procter & Gamble Co., as chief executive officer. He replaced C. Dean Metropoulos, who said previously he would step down as chief executive but remain chairman of the company, which has corporate offices in...

  Tags: Pinnacle Foods Group Inc., Procter & Gamble Co.

• Pinnacle Foods Group has acquired the Dial Corporation's Armour food products business for $183 million, subject to potential post-closing price adjustments

  - 2006-03-06

  Pinnacle Foods Group has acquired the Dial Corporation's Armour food products business for $183 million, subject to potential post-closing price adjustments. Pinnacle is a producer and distributor of branded food products in the frozen foods and dry foods segments. The Armour brand maintains the leading market position in the Vienna...

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• Pinnacle Foods Group Inc. Receives Temporary Waiver Under Its Credit Agreement

  - 2004-11-05

  Pinnacle Foods Group Inc. (the "Company") announced today that its lenders have agreed to temporarily waive certain defaults under the Company's credit agreement arising due to i failure to furnish on a timely basis the Company's audited financial statements for the fiscal year ended July 31, 2004, the Company's annual...

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• Older Omaha, Neb., workers from closed food plant attempt to find other jobs.

  - 2004-09-19

  By Mark Kawar, Omaha World-Herald, Neb. Knight Ridder/Tribune Business News Sep. 19--Ted Brummer didn't want to look for a job last year. The 56-year-old had held only one job in his adult life -- at the Pinnacle Foods Group plant in downtown Omaha....

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• Pinnacle Foods Group puts off closure of Omaha, Neb., plant.

  - 2004-09-07

  By Mark Kawar, Omaha World-Herald, Neb. Knight Ridder/Tribune Business News Sep. 7--Pinnacle Foods Group will likely keep its downtown Omaha plant open longer than expected. The company announced in April that it would close the plant Oct. 1 and ...

  Tags: Pinnacle Foods Group Inc.

• Omaha, Neb., Mayor Says Closing of Food Plant Would Break Agreement with City.

  - 2004-04-08

  By Mark Kawar, Omaha World-Herald, Neb. Knight Ridder/Tribune Business News Apr. 8--Omaha Mayor Mike Fahey's office conceded Thursday that Pinnacle Foods Group Inc. probably won't reconsider its decision to close its downtown Omaha plant. "We've done all we can...

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• Omaha, Neb., Mayor Challenges Announcement of Food Plant Closing.

  - 2004-04-07

  By Mark Kawar, Omaha World-Herald, Neb. Knight Ridder/Tribune Business News Apr. 7--The owner of a downtown food factory has said it will close the plant this year and end 426 jobs -- a plan that Mayor Mike Fahey immediately challenged. ...

  Tags: Pinnacle Foods Group Inc.