Corporate Operations: Page 337
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Food processing equipment giant JBT acquires Wolf-tec
The deal is the latest in a series of such moves by JBT.
By Paul Conley • Dec. 4, 2014 -
Unilever moves its margarine brands into separate unit
The move suggests the company is looking to sell off the brands.
By Paul Conley • Dec. 4, 2014 -
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 -
J&J employs Goldman Sachs to help with possible Splenda sale, reports Reuters
Reuters cited unnamed sources for J&J's latest potential move.
By David Oliver • Dec. 3, 2014 -
Deep Dive
Three companies that win from the Mediterranean Diet
The Mediterranean Diet is back in the news, which is good for some companies.
By Paul Conley • Dec. 3, 2014 -
Trial in halal fraud case postponed
A federal judge cited the "complex nature" of the case and pushed the trial from December to March.
By Paul Conley • Dec. 2, 2014 -
Cargill recalls beef from Wal-Mart in Canada
Canadian authorities say the meat may be contaminated with E. coli.
By Paul Conley • Dec. 2, 2014 -
Unilever purchases Talenti Gelato & Sorbetto
The world's biggest ice cream-maker is hoping to grow in the frozen market.
By David Oliver • Dec. 2, 2014 -
Uber expands budding grocery delivery service
The move comes soon after the car service company hired away the boss of Google's same-day delivery service.
By Paul Conley • Dec. 2, 2014 -
Danone is furious over Russia's alleged slander of its products
The dairy giant is livid over accusations by the Russian agriculture minister.
By Paul Conley • Dec. 2, 2014 -
General Mills to trim ad agencies in UK
Advertising contracts for some of the company's best-known brands are in play.
By Paul Conley • Dec. 1, 2014 -
Diageo blindsided in United Spirits vote
A special shareholder vote ended with United Spirits rejecting the distribution plans of its parent.
By Paul Conley • Dec. 1, 2014 -
Sam Zell confirms he wants to buy supermarkets
The billionaire investor says he wants to take advantage of the fact that Cerberus Captial must shed units as part of its takeover of Safeway.
By Paul Conley • Dec. 1, 2014 -
Del Monte Pacific in deal with Spain's Nice to build Philippines plant
The deal creates a new entity to process and export frozen fruit globally.
By Paul Conley • Dec. 1, 2014 -
SABMiller, Coca-Cola form bottling giant in Africa
The deal creates a company with $3 billion a year in revenue, making it the largest bottler in Africa.
By Paul Conley • Dec. 1, 2014 -
Deep Dive
Books that food pros should read in 2015
Here's what every food executive, food geek, or just plain foodie should have on his or her holiday list.
By Paul Conley • Nov. 26, 2014 -
Kellogg offers higher bid for Bisco Misr
The bidding war for the snack-maker is ongoing.
By David Oliver • Nov. 26, 2014 -
Danone may sell $2 billion stake in Yakult
The world's largest yogurt maker owns a 20% stake in Japan's giant probiotic drinks company.
By Paul Conley • Nov. 26, 2014 -
Oats prices plummet in good news for Quaker, General Mills
The price of the commodity crop has fallen to a two-year low, and no price recovery is expected in the near term.
By Paul Conley • Nov. 26, 2014 -
Campbell reports rise in profit on higher soup sales
But the food processor remains cautious about the future given pressures on its margins.
By Paul Conley • Nov. 26, 2014 -
Urban farming bigger, more important than previously known, says study
The amount of land dedicated to urban farming now equals the size of the European Union.
By Paul Conley • Nov. 25, 2014 -
Deep Dive
What's everyone gobbling about in the 2014 turkey market?
As Thanksgiving approaches, so does the boom in turkey sales. Here's what you need to know about the turkey industry this year.
By Paul Conley • Nov. 24, 2014 -
Abraaj, Kellogg bidding war heats up for Bisco Misr
Kellogg has some competition for its potential Bisco Misr acquisition.
By David Oliver • Nov. 24, 2014 -
Danone completes Irish expansion for infant formula production
The larger plants will process Irish milk into powders for infant formula sales in Asia.
By Paul Conley • Nov. 24, 2014 -
South Africa's Pioneer Food Group ends bottling deal with PepsiCo
It's unclear if PepsiCo will sign a new deal or launch a bottling arm of its own in that nation.
By Paul Conley • Nov. 24, 2014 -
SABMiller in tie-up to enter Brazil
The deal sets up a head-to-head battle with AB InBev in Latin America's largest beer market.
By Paul Conley • Nov. 24, 2014
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