Corporate Operations: Page 312
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United Suppliers, Land O'Lakes crop inputs business agree to merge
The merger will form "a single, relevant and competitive system of independent agricultural retailers," according to a news release.
By Carolyn Heneghan • Aug. 25, 2015 -
AB InBev files opposition to craft brewer's 'Queen of Beer' campaign
More like Queen of a trademark issue, as far as AB InBev is concerned.
By Carolyn Heneghan • Aug. 25, 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 -
UPDATE: Industry picks up morning after steep stock market plunge
The Dow was up about 350 points shortly after after the opening bell.
By David Oliver • Aug. 24, 2015 -
Mondelez is cutting costs; some say more is needed
Activist investor William Ackman has been vocal about the company's need to drastically cut costs or sell itself to a competitor.
By Carolyn Heneghan • Aug. 24, 2015 -
As vodka falls out of favor, Pernod scrambles to adapt
Absolut, which makes up about half of the company's U.S. sales, saw a 3.3% decrease in sales volumes the last quarter.
By Carolyn Heneghan • Aug. 24, 2015 -
Ben & Jerry's still scooping up social mission years post-Unilever acquisition
The brand remained relatively autonomous and has since tripled in size.
By Carolyn Heneghan • Aug. 23, 2015 -
Sysco adds Trian's Peltz, Frank to board
The board additions could mean big changes in Sysco's future.
By Carolyn Heneghan • Aug. 21, 2015 -
Heaven Hill to acquire fast-growing Deep Eddy Vodka
The company aims to strengthen its presence in the vodka category, which leads the U.S. in spirits volumes.
By Carolyn Heneghan • Aug. 21, 2015 -
McCormick seals $100M Stubb's acquisition
The company is gaining a stronger foothold in the premium sauce and grilling products categories.
By Carolyn Heneghan • Aug. 21, 2015 -
Lawsuit filed against Costco amid supply chain slavery concerns
This is just the latest of several strikes against Costco for operations and policies.
By Carolyn Heneghan • Aug. 20, 2015 -
Hormel: Higher meat profits offsets bird flu damage to turkey segment
The company can thank Skippy peanut butter and Wholly Guacamole for a sales uptick in grocery.
By Carolyn Heneghan • Aug. 20, 2015 -
Deep Dive
Inc. 5000: 14 of the industry's fastest-growing private food and beverage companies
These companies are ripe for acquisitions, a booming industry trend.
By Carolyn Heneghan • Aug. 19, 2015 -
Coke's Suja investment is official: BevNET
Drink up: The deal means $90 million for investors.
By David Oliver • Aug. 19, 2015 -
Nomad Foods to pursue US frozen food acquisitions
This focus on frozen foods comes despite the industry being down in sales the past few years.
By Carolyn Heneghan • Aug. 19, 2015 -
Kellogg still on target to close GA facility by end of 2015
Project K remains in full cost-cutting force.
By Carolyn Heneghan • Aug. 19, 2015 -
General Mills embraces trends for recent product developments
Count Chocula beer — need we say more?
By Carolyn Heneghan • Aug. 19, 2015 -
Coca-Cola: NYT article 'created confusion' about research funding
Can more transparency help improve the reputation of future company-funded research?
By Carolyn Heneghan • Aug. 18, 2015 -
Blue Bell making its way back to freezers
The company was nearly devastated by the recall, including having to lay off more than one-third of its workforce.
By Carolyn Heneghan • Aug. 18, 2015 -
Natural condiments maker Sir Kensington's relishes $8.5M investment
Spreading the wealth: The company will use the investment to expand distribution, product development, and marketing, including adding the expertise of a former AB InBev CMO to its board.
By Carolyn Heneghan • Aug. 18, 2015 -
ConAgra appoints Serrao to new chief growth officer position
There aren't plans to announce a new CMO; Serrao will oversee a multi-departmental entity called the Growth Center of Excellence, which will include marketing.
By Carolyn Heneghan • Aug. 18, 2015 -
Cargill acquires Norwegian aquaculture company for $1.5B
The company is expanding its footprint in the aquaculture industry as it veers away from an underperformer — pork.
By Carolyn Heneghan • Aug. 17, 2015 -
Amid flat sales, Diageo CEO gets a 48% pay cut
This may signal the need to refocus the company's efforts on premium spirits, which consumers are beginning to prefer.
By Carolyn Heneghan • Aug. 17, 2015 -
Tyson to shut down IA beef processing plant, cut 400 jobs
Blame the dwindling cattle herds in the U.S.
By Carolyn Heneghan • Aug. 17, 2015 -
Sysco stock hits 20-month high after major activist investment
There's been a lot at "stake" in the food business lately.
By Carolyn Heneghan • Aug. 17, 2015 -
JBS: Lower profits on pork prices decline
The company has been impacted by the fast return of the hog supply following a deadly virus that killed millions of baby pigs.
By Carolyn Heneghan • Aug. 14, 2015