Corporate Operations: Page 344
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Two New York City beer distributors to merge
The tie-up between Manhattan Beer Distributors and Phoenix/Beehive will change the face of beer sales in the New York City area.
By Paul Conley • Sept. 24, 2014 -
Fonterra reports drop in earnings, cuts dairy payouts
The news from the dairy giant pushed the New Zealand dollar to its lowest point in a year.
By Paul Conley • Sept. 24, 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 -
Mexican avocado exports skyrocket
Growing demand across the globe has led to a surge in sales.
By Paul Conley • Sept. 23, 2014 -
USDA
New tax inversion rules could affect banana merger
New tax regulations, issued last night and effective immediately, could stop Chiquita's planned merger with Fyffes.
By Paul Conley • Sept. 23, 2014 -
Tate & Lyle warns on profit, again
The ingredients maker cited supply-chain problems and competition for its Splenda sweetener as causes for lower profit.
By Paul Conley • Sept. 23, 2014 -
Kellogg submits bid for United Biscuits
Other global suitors for the UK company include rival Burton's Biscuit and Turkey's Ulker Biskuvi Sanayi AS.
By Paul Conley • Sept. 23, 2014 -
Chiquita in cargo deal with Mediterranean Shipping Co.
The deal comes as the banana shipper prepares to transfer operations to the Port of New Orleans.
By Paul Conley • Sept. 22, 2014 -
Deep Dive
Melting pot: Ethnic food firms add production facilities in the US
The U.S. is an increasingly diverse nation. And for evidence of that you need to look no further than our food-production facilities.
By Paul Conley • Sept. 19, 2014 -
Oasis Beverages, TSG to buy Pabst Brewing
The maker of Pabst Blue Ribbon has been valued at between $700 million and $750 million.
By Kelsey Lindsey • Sept. 19, 2014 -
WhiteWave buys So Delicious in $195M deal
The purchase boosts WhiteWave's holdings in plant-based dairy substitutes.
By Paul Conley • Sept. 19, 2014 -
General Mills to close two factories after dismal earnings
The company says it will shutter plants on both coasts in an effort to reduce expenses.
By Paul Conley • Sept. 19, 2014 -
Whiskey industry raises glass to Scotland vote
Scottish voters' decision to reject a bid for independence is welcome news to Scotland's distilleries.
By Paul Conley • Sept. 19, 2014 -
ConAgra posts a profit on Ardent Mills, but sales slump
Sales fell in the most recent quarter, but the company says things are improving.
By Paul Conley • Sept. 19, 2014 -
Chiquita, Fyffes offer concessions to EU regulators
Details on the offer are being kept hush-hush by both companies and regulators.
By Paul Conley • Sept. 17, 2014 -
Danone: Still hurting from false-alarm recall
The French dairy giant estimates that it will take 18 months for its infant formula brand to recover.
By Paul Conley • Sept. 17, 2014 -
TreeHouse deal brings Heinz production to Pittsburgh
The company's iconic ketchup will still be made elsewhere, but the production of baby food is coming to Heinz's hometown.
By Paul Conley • Sept. 17, 2014 -
Produce industry looks to recruit diverse, worldly students
The Produce Marketing Association is bringing college students from around the globe to its upcoming convention.
By Paul Conley • Sept. 16, 2014 -
Brew Hub chooses second site in Budweiser's hometown
The contract brewer controlled by billionaire Ron Burkle will open in St. Louis.
By Paul Conley • Sept. 16, 2014 -
Surge soda returns after social media campaign
Coca-Cola responded to calls to revive the '90s soda ... but will only sell it on Amazon.
By Paul Conley • Sept. 16, 2014 -
Mexico's La Moderna to open first plant in US
The pasta company expects the facility to be operational in two years.
By Paul Conley • Sept. 15, 2014 -
Kashi returning to San Diego
Kellogg is also spinning the unit into a stand-alone company.
By Paul Conley • Sept. 15, 2014 -
Cargill sues Syngnenta over shipments of GMO corn
The unusual lawsuit pits two well-known backers of genetically modified foods against each other in a fight over stewardship.
By Paul Conley • Sept. 15, 2014 -
Heineken rejects takevover bid from SABMiller
The family that controls the brewer said they intend to "preserve the heritage and identity of Heineken."
By Paul Conley • Sept. 15, 2014 -
Deep Dive
Oreos, Ramen and Spreads: 5 notable knockoffs in the food business
It's often deja vu all over again in the food business, where every good idea seems to lead to imitation and "re-imagined" products.
By Paul Conley • Sept. 12, 2014 -
Dr. Pepper Snapple adding distribution capacity
The soft-drink maker is leasing space in Texas and is buying a bottler/distributor in Pennsylvania.
By Paul Conley • Sept. 12, 2014
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