Outside-the-box thinking keeps Pinnacle's food brands fresh Aug 6, 2008
Elsewhere in the building, others are working on packaging enhancements to make Pinnacle brands such as Duncan Hines baking products, Vlasic pickles, Hungry-Man frozen foods and Log Cabin and Mrs. Butterworth's syrups stand out on the supermarket shelf. Innovation is Pinnacle's lifeblood. (USA Today -- Money)
Name Your Baby "Crunch" and Make $25,000 Apr 10, 2008
Vlasic Pickles you know, the one represented by the stork channeling Grouch Marx is holding a contest to find a May-born baby to become its official Vlasic Stork Baby of 2008 ... Even if the winning family doesn't give their kid a name that is a sound you hear when you step on a bug, they'll get a $20,000 U.S. Savings Bond and a year's supply of Vlasic Pickles. (Epicurious.com)
How Wal-Mart wields economic power Jan 26, 2008
" Wal-Mart's size and relentless cost-cutting has squeezed competitors out of business and has sometimes forced suppliers to work against their own financial interests, he said. Its demands on municipalities have sometimes forced elected officials to make "foolish" choices to pay for infrastructure improvements that benefit the giant retailer. He posed three questions to the students, two of which he answered in relative fashion: Should you shop at Wal-Mart? Should you do business with Wal-Mart?... (Scripps Howard News Wire)
Mrs. Butterworth Gets Makeover Dec 3, 2007
All these once-heralded labels have come under the ownership of Mountain Lakes-based Pinnacle Foods Corp., whose strategy is to purchase tired but well-known packaged food brands like Lender's Bagels, Vlasic Pickles and Mrs. Butterworth's and reintroduce them, adding modern-day twists. "We are a company of iconic brands that are very much part of the fabric of Americana, each of which has some great history and heritage," said Jeffrey Ansell, Pinnacle's chief executive officer. (ABC News -- Wire)
Company freshens stale iconic brands Dec 3, 2007
All these once-heralded labels have come under the ownership of Mountain Lakes-based Pinnacle Foods Corp., whose strategy is to purchase tired but well-known packaged food brands like Lender's Bagels, Vlasic Pickles and Mrs. Butterworth's and reintroduce them, adding modern-day twists. advertisement. (MSNBC -- Business)
Brands acquire new life Dec 2, 2007
"But the family is sold on Vlasic pickles, a 66-year-old brand, partly because of its famous stork."We buy it because my son sees the commercial, and they have more crunch," she said. "I remember the commercial. "Another shopper, 41-year-old Kristine Kent, said she is glad to hear that Hungry-Man would offer a grilled variety because her daughter likes to eat the frozen entrees."If you're buying a frozen meal, you've probably resigned yourself to the fact that it's probably not great for you,"... (Florida Today)
Blackstone IPO raises $4.13B Jun 22, 2007
Blackstone also owns Michaels Stores and Pinnacle Foods, maker of Duncan Hines and Vlasic pickles brands. Investor interest in the offering appeared to come mainly from hedge funds and from abroad, with several mutual fund investors saying that they are going to wait out the rush. (CNN -- International)
Blackstone co-founders to reap $2.3B Jun 12, 2007
Blackstone also agreed to buy Pinnacle Foods earlier this year, which owns such brands as Duncan Hines, Vlasic pickles, and Lender's bagels. In March, Blackstone filed to take 10 percent of the firm public in an IPO worth $4 billion. (CNN -- International)
Thomas Cook to combine with MyTravel Feb 14, 2007
Pinnacle, which has more than 3,000 employees, also makes Aunt Jemima breakfast foods, Vlasic pickles, Armour canned meat and Lender's bagels. Sales of the supermarket foods have risen. (Orlando Sentinel -- Business)
Buyout won’t bump bagels Feb 13, 2007
Pinnacle produces Duncan Hines baking mixes, Hungry Man and Swanson frozen dinners and Vlasic pickles. Even in Mattoon, Lenders produces french toast sticks in addition to its famous bagel line. (Mattoon Journal-Gazette, IL)
Food conglomerate is sold a 3d time Feb 13, 2007
Pinnacle, with more than 3,000 employees, also makes Aunt Jemima breakfast foods, Vlasic pickles, Armour canned meat, and Lender's bagels. In the year to March 2004, revenue was $1. (Boston Globe)
Maker of famous food brands sold for $2B Feb 13, 2007
Pinnacle sells products including Duncan Hines baking mixes, Vlasic pickles, Hungry Man and Swanson frozen dinners, Log Cabin and Mrs. Butterworth's syrups, Lender's bagels, Aunt Jemima breakfast foods, Armour canned meat, Celeste pizza and Van de Kamp's and Mrs. Paul's seafood. Pinnacle, which has annual sales of $2. (Philadelphia Business Journal, PA)
Duncan Hines, Aunt Jemima owner sold Feb 13, 2007
Pinnacle's brands also include Vlasic pickles, Mrs. Paul's frozen fish, Log Cabin and Mrs. Butterworth's syrups, Armour canned meat, Lender's bagels and Swanson frozen dinners. On completing the deal, Pinnacle Chairman C. Dean Metropoulos will be succeeded by former Kraft Foods Inc. Chief Executive Roger Deromedi, the company said. (Washington Times, DC)
Blackstone to Buy Vlasic Pickler Pinnacle Feb 13, 2007
Pinnacle's brands include Duncan Hines baking mixes, Vlasic pickles, Hungry Man and Swanson frozen dinners, Log Cabin syrup and Celeste pizza. Pinnacle is jointly owned by affiliates of J.P. Morgan Partners LLC, J.W. Childs Associates L.P., by CDM Group, and by former bondholders of Aurora Foods Inc.. (SmartMoney)
Armour, other famous brands sold Feb 13, 2007
Pinnacle's brands include Duncan Hines baking mixes, Vlasic pickles, Hungry Man and Swanson frozen dinners, Log Cabin and Mrs. Butterworth's syrups, Armour canned meat, Lender's bagels and Aunt Jemima breakfast foods. Under the deal, a Blackstone affiliate is expected to combine with Pinnacle's direct owner, Crunch Holding. (USA Today -- Money)
Familiar Brands, Fresh Sale Feb 13, 2007
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. (Philadelphia Inquirer)
Duncan Hines In $2B Sale Feb 13, 2007
Pinnacle, which has more than 3,000 employees, also makes Aunt Jemima breakfast foods, Vlasic pickles, Armour canned meat and Lender's bagels. Metropoulos will be succeeded as chairman by former Kraft Foods Inc. Chief Executive Officer Roger Deromedi when the deal is completed by June 30. (New York Post -- Business)
Pinnacle Foods to be acquired Feb 12, 2007
MOUNTAIN LAKES, N.J. -- Pinnacle Foods Group Inc., the privately held owner of Duncan Hines baking mixes, Hungry Man and Swanson frozen dinners and Vlasic pickles, has agreed to be acquired by a group led by the buyout specialist Blackstone Group for about $1. 3 billion in cash. (Newsday -- New York City)
Blackstone to buy Pinnacle Foods for $2.16-billion Feb 12, 2007
Pinnacle's brands include Duncan Hines baking mixes, Vlasic pickles, Hungry Man and Swanson frozen dinners, Log Cabin and Mrs. Butterworth's syrups, Armour canned meat, Lender's bagels and Aunt Jemima breakfast foods. Pinnacle is jointly owned by affiliates of J.P. Morgan Partners LLC (now known as CCMP Capital Advisors, LLC), J.W. Childs Associates, L.P., CDM Group and by former bondholders of Aurora Foods Inc.. (Globe and Mail -- Business)
Consuming Interest Jan 3, 2007
The owner of storied brands such as Vlasic pickles, Mrs. Paul's fish sticks and Duncan Hines cake mix, Pinnacle is controlled by a buyout consortium that includes J.P. Morgan Private Partners, the bank's private equity wing. A key attraction for Orsatti: "Management is committed to paying down debt." The company has brought debt from 75% of total capital down to a slightly less dicey 71. (Forbes)
