Local Focus.(Business)

0 Comments | Daily Herald (Arlington Heights, IL), December, 2005

Kraft Canada to sell off certain groceries NORTHFIELD - Toronto-based Kraft Canada Inc., a subsidiary of Kraft Foods Inc., on Tuesday said it will sell certain grocery assets to a new company owned by affiliates of Sun Capital Partners Inc. and EG Capital Group LLC. The sale includes five manufacturing facilities and a number of Del Monte, Aylmer, Primo, Ideal and Roma brand products estimated to generate revenue of about $300 million in Canadian dollars this year.

Kraft Foods said it will take a charge of about 5 cents per share in the fourth quarter. Six Flags' Shapiro hires ESPN crony GURNEE - Mark Shapiro, new president and chief executive of Six Flags Inc., announced two appointments in the theme park's continued restructuring. Mark Quenzel was named...