Corporate Operations: Page 339
-
Mondelez buys majority stake in Kinh Do snacks
The $370 million deal gives the cookie and gum powerhouse access to a growing market in Southeast Asia.
By Paul Conley • Nov. 11, 2014 -
Feds ban cod fishing as stock dwindles to dangerous levels
The National Oceanic Atmospheric Administration has closed off large sections of the western Gulf of Maine.
By Paul Conley • Nov. 11, 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 -
Heinz swings to profit on cost cutting
Still, sales at the condiment maker continue to fall, albeit only slightly in its most recent quarter.
By Paul Conley • Nov. 10, 2014 -
Cott buys DSS Group for $1.25 billion
The purchase moves the private label soft drink manufacturer into the water and coffee delivery business.
By Paul Conley • Nov. 10, 2014 -
Kraft purges advertising companies as sales fall
The packaged foods giant is firing a slew of agencies and consolidating its work to just four groups.
By Paul Conley • Nov. 10, 2014 -
Succession battles brewing at Nestle and PepsiCo
It's unclear who is next in line for the top job at two of the biggest food and beverage companies.
By Paul Conley • Nov. 10, 2014 -
Carlsberg sales rise, profit holds despite Russia woes
The Denmark-based brewer expects modest growth through the holiday season and reiterated its forecast for the year.
By Paul Conley • Nov. 10, 2014 -
General Mills lowers sales, profit prediction
The Cheerios and Haagen-Dazs-maker based its decision on the beleaguered food industry.
By David Oliver • Nov. 7, 2014 -
Hain Celestial sales soar despite nut butter recall
The maker of organic and natural food brands said sales in its most recent quarter were at an all-time high.
By Paul Conley • Nov. 7, 2014 -
Barry Callebaut's CEO to step down next year
The news comes as the Swiss chocolate giant said profit for the year rose 14.5%.
By Paul Conley • Nov. 7, 2014 -
Tate & Lyle profit plummets 40%
The maker of Splenda and other sweeteners blamed its long-running problems on its supply chain.
By Paul Conley • Nov. 7, 2014 -
USDA
Friday Flavors: A pumpkin and a pack rat
Every Friday we bring you some fun and tasty reads from the past five days.
By David Oliver • Nov. 6, 2014 -
Deep DiveSugar rush: Five factors driving prices across the globe
The global sugar trade is getting strange as a perfect storm of factors applies pressure from every direction.
By Paul Conley • Nov. 6, 2014 -
AB InBev buys Oregon craft brewer 10 Barrel
The purchase adds to Anheuser-Busch's growing presence in the craft space.
By Paul Conley • Nov. 6, 2014 -
Mondelez is upbeat despite plunge in profit
The cookies and treats giant raised its forecast for the full year although it had a disappointing third quarter.
By Paul Conley • Nov. 6, 2014 -
ADM names new CEO, Woertz to remain as chairman
The unexpected move puts Juan Luciano, who joined the company in 2011, at the helm.
By Paul Conley • Nov. 6, 2014 -
Delhaize returns to profit on US sales, will sell Bottom Dollar chain to Aldi
The Belgian parent of the Food Lion and Hannaford grocery chains said margins improved in the U.S.
By Paul Conley • Nov. 6, 2014 -
Snyder's-Lance boosts investment in Late July organic snacks
The snack maker also announced the creation of a new "Better for You" division.
By Paul Conley • Nov. 5, 2014 -
Reyes buys Gold Coast to become largest beer distributor in nation
The family-owned company now transports more suds than Anheuser-Busch InBev.
By Paul Conley • Nov. 5, 2014 -
ADM earnings soar despite plunge in revenue
The agribusiness giant cited gains in corn processing from ethanol for the surprising results.
By Paul Conley • Nov. 5, 2014 -
Dr Pepper Snapple completes Davis acquisitions
The company now has control over distribution of its brands like 7UP, Snapple, Sunkist, and more.
By David Oliver • Nov. 4, 2014 -
Publix profits rise just as chain revels in football-hero status of employee
The supermarket chain is doing well, but all eyes are on one of the grocer's bag boys.
By Paul Conley • Nov. 4, 2014 -
Danone boosts stake in Centrale Laitiere
The world's largest yogurt company now owns 90% of the Moroccan dairy firm.
By Paul Conley • Nov. 4, 2014 -
United Biscuits sold to Yildiz for $2.6 billion
The Turkish owner of Godiva emerges as the winner of the global fight to take control of the snack-maker.
By Paul Conley • Nov. 4, 2014 -
Sysco profit falls but beats expectations
Sales at the giant supplier to restaurants and institutions rose 6.2% in its fiscal first quarter.
By Paul Conley • Nov. 3, 2014
Previous
