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Inventure Foods sells frozen division to Oregon Potato Company

Inventure Foods, Inc, an American specialty food marketer and manufacturer, has announced it has entered into a definitive asset purchase agreement for the sale of its frozen business to Oregon Potato Company, for total cash consideration of USD50m. This strategic transaction is expected to be completed this month. Terry McDaniel, CEO of Inventure Foods, says “We intend to use the proceeds[Read More...]

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