McLane to acquire Meadowbrook Meat Co.
TEMPLE, Texas — McLane has entered into an agreement to acquire Meadowbrook Meat Co.
McLane said MBM — which is one of the nation’s largest customized foodservice distributors for national restaurant chains — will continue to be led by the current executive management team and operating out of its existing facilities in the same markets. McLane’s acquisition is subject to customary closing conditions, including the termination of the applicable waiting period under the Hart-Scott-Rodino Act.
"The Wordsworth family has built one of the finest and most highly respected companies in our industry, and we look forward to providing Jerry Wordsworth and his team our full support to continue MBM’s leadership in the market, while positioning ourselves for further growth," McLane CEO Grady Rosier said.
Mylan launches antifungal drug
PITTSBURGH — Mylan has launched a generic drug for treating fungal infections, the drug maker said Friday.
Mylan announced the launch of itraconazole capsules in the 100-mg strength. The drug is a generic version of Johnson & Johnson’s Sporanox, which is used to treat fungal infections that begin in the lungs blatsomycosis, histoplasmosis and aspergillosis in patients who are intolerant of or refractory to amphotericin B therapy. The drug also is used to treat fungal infections in the toenails and fingernails in patients without compromised immune systems.
The drug had sales of about $60 million during the 12-month period ended in March, according to IMS Health.
Save-A-Lot launches road trip marketing campaign
ST. LOUIS — Save-A-Lot, a hard-discount, limited-assortment grocery chain and a wholly owned subsidiary of Supervalu, kicked off its 2012 Fuel Your Family Road Trip in Orlando to raise awareness of Save-A-Lot stores as the go-to destination for affordable food.
Hitting the road for the 18-city, 30-day, 2,000-mile journey will be two Save-A-Lot brand ambassadors, Molly Stankovsky and Alex Frecon, both of Minneapolis, who won a national competition to serve as this year’s Fuel Your Family “Road Scholars.” They will travel through Florida, Georgia, South Carolina, North Carolina, Virginia, Washington D.C., Maryland, Pennsylvania and New York in a 2012 Subaru Outback to bring the brand to consumers as the summer road trip season winds down and the new school year gets underway.
Along the route, the Road Scholars will attend community events, conduct random acts of kindness, host customer appreciation events at Save-A-Lot stores, visit local Boys & Girls Clubs, and share recipes and tips for quick, easy and affordable meals. In addition, they will present donations from Save-A-Lot totaling $33,500 to local Feeding America affiliates, which will provide 268,000 meals to families in need. Save-A-Lot also will donate nearly 164,000 school supplies to benefit more than 18,000 students in Miami, Atlanta and Washington, D.C., and will donate $2,500 to the Juvenile Diabetes Research Foundation in Charlotte, N.C.