Corporate Operations: Page 300
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Nestle's Sweet Leaf Tea recalls 1.5M bottles due to possible glass fragments
No injuries have been reported, but the company has fielded four complaints about the glass fragments.
By Carolyn Heneghan • Dec. 11, 2015 -
PepsiCo, Muller to close underperforming NY yogurt plant
The transition is expected to cost more than 60 of the 170 jobs at the plant.
By Carolyn Heneghan • Dec. 10, 2015 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Mondelez appoints Nike e-commerce leader to board of directors
The decision is evidently in line with the company's digital pushes, including its e-commerce efforts.
By Carolyn Heneghan • Dec. 9, 2015 -
Dole shareholders, Murdock reach settlement over 2013 buyout
If the judge approves the class action settlement, damages to shareholders will total $101 million plus at least $14 million in interest.
By Carolyn Heneghan • Dec. 9, 2015 -
Beyond breakfast: Kellogg aims at other occasions to promote cereal
The company has tapped celebrity chefs to jazz up cereal into an any-time-of-day food for consumers.
By Carolyn Heneghan • Dec. 9, 2015 -
Financing terms continue to increase for coffee traders: Reuters
With the recent announcement of JAB's acquisition of Keurig, coffee traders are on edge about more time being added to how long they wait to be paid by roasters, according to Reuters.
By Carolyn Heneghan • Dec. 9, 2015 -
Coca-Cola creates new US division, promotes marketing leaders
The new division was created in the wake of North American marketing leader Wendy Clark's exit last month.
By Carolyn Heneghan • Dec. 9, 2015 -
It's Crystal clear: Crystal Pepsi is back for a limited time
Over the summer, the company hinted that it could be bringing the '90s soda variety back after an "enthusiastic" social media campaign from Crystal Pepsi fans.
By Carolyn Heneghan • Dec. 9, 2015 -
AB InBev CEO: MillerCoors divestment to make 'an even more competitive marketplace' in the US
Carlos Brito said at a Senate Judiciary subcommittee hearing that the merger with SABMiller is more focused on expanding access to emerging markets.
By Carolyn Heneghan • Dec. 9, 2015 -
Keystone names Tyson veteran president of US operations
Devin Cole had previously held various senior management positions at Tyson during his 16-year tenure.
By Carolyn Heneghan • Dec. 8, 2015 -
Coca-Cola announces retirement of chief administrative officer
Alexander B. Cummings won't be replaced, but the leadership team has seen a number of new faces already in the past year.
By Carolyn Heneghan • Dec. 8, 2015 -
Deep Dive
How an investment group hopes to brew up profits around the Keurig deal
Can JAB help revamp Keurig? Or will it leave it out in the "Kold?"
By David Oliver • Dec. 7, 2015 -
Investor group to buy Keurig for $13.9B
The company has seen consistent sales declines in previous quarters and its shares dipped more than 60% in value this year.
By David Oliver • Dec. 7, 2015 -
Sealed Air aims to reduce food waste with innovative packaging
Some of the company's packaging products are antibacterial to reduce loss throughout the supply chain, while others control portion size at the consumer level.
By Carolyn Heneghan • Dec. 7, 2015 -
Hostess in talks to purchase Give and Go Prepared Foods: Reuters
Give and Go is a Canadian manufacturer of thaw-and-serve sweet baked goods, including Two-Bite Brownies, but a sale to Hostess isn't certain yet, according to Reuters sources.
By Carolyn Heneghan • Dec. 7, 2015 -
ConAgra CEO on competition: 'We've got to change with them'
The company has gone through major changes this year, and brand shakeups are expected to start in the near future.
By Carolyn Heneghan • Dec. 7, 2015 -
Moderate growth predicted for packaged foods in 2016: Moody's
Moody's expects mergers and acquisitions to slow next year and for manufacturers to focus more on renovation than innovation for product portfolios.
By Carolyn Heneghan • Dec. 7, 2015 -
Thai Union's $1.5B Bumble Bee Seafoods acquisition tanks
The decision ultimately came down to Justice Department antitrust concerns.
By David Oliver • Dec. 4, 2015 -
Brown-Forman reports profit, revenue drop
A decline in sales growth in the U.S. was partially offset by growth for its flagship brand Jack Daniels in other emerging and developed markets overseas.
By Carolyn Heneghan • Dec. 4, 2015 -
Kellogg names Kimberly-Clark exec as chief growth officer
Clive Sirkin is entering the fold as the company positions itself to turn around its Kashi brand and cereal segment.
By Carolyn Heneghan • Dec. 4, 2015 -
McCormick predicts hot and tangy, ancestral flavors for 2016
The company has released its annual Flavor Forecast for 2016, which includes trends that have informed 56 of McCormick's new products planned.
By Carolyn Heneghan • Dec. 2, 2015 -
Chocolate twist: Godiva looks to be more 'approachable' for the holidays
Still, the company wants to keep its premium chocolate status.
By Carolyn Heneghan • Dec. 2, 2015 -
Investment firm to purchase nut-based foods company
The company's pecan-based meat substitute is already being sold in more than 2,000 stores across the country.
By Carolyn Heneghan • Dec. 2, 2015 -
Hearthside reports third workplace injury this year to OSHA
The company also received citations from OSHA for workplace injuries in April and September.
By Carolyn Heneghan • Dec. 1, 2015 -
Wholesome Sweeteners to acquire organic candy maker TruSweets
The acquisition expands Wholesome's footprint in the better-for-you candy and free-from foods markets.
By Carolyn Heneghan • Dec. 1, 2015