Inventure Foods, Inc. announced it has entered into a definitive asset purchase agreement for the sale of its frozen business including the Rader Farms® and Willamette Valley Fruit Company™ brands as well as certain related assets, rights and properties to Oregon Potato Company for $50.0 million in cash.
Potato growers in Nagasaki Prefecture, Japan's second-largest potato-producing region hope to boost their name recognition as a potato producer with a new variety, "Nagasaki Kogane" (Nagasaki Gold), which it filed for registration in 2015.
The government of Rwanda has signed a multimillion dollar deal with a Nigerian investor, the Blackpace Africa Group, to revamp and develop Rwanda’s potato industry and help make the country a key producer and exporter of potato products.
Indian snack manufacturer Prataap Snacks Ltd., the maker of Yellow Diamond potato chips, said its initial public offering will hit the markets in two months as it looks to expand operations and enter newer categories.
Exports of all United States potatoes and potato products reached a record $1,758,130,172 for the July 2016 – June 2017 marketing year. U.S. exports also achieved a record volume level of 1,712,364 metric tons (MT).