Corporate Operations: Page 310
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Heinz squeezes out higher net income in 2014
The company sees some improvements but still other shortcomings under its new management.
By Carolyn Heneghan • March 16, 2015 -
PepsiCo, ADM have sweet announcements
From a new partnership and investment to a zero-calorie sweetener, these companies have plenty to be happy about.
By Carolyn Heneghan • March 16, 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 -
Retrieved from PepsiCo on May 06, 2013
Mountain Dew to 'shine' in a new light
PepsiCo's soda brand will have soon have a clear version that contains real sugar.
By David Oliver • March 13, 2015 -
Antitrust group fines 10 yogurt producers $204M
Yoplait, partially owned by General Mills, was the only company not fined following the discovery of an 11-company "dairy cartel."
By David Oliver • March 13, 2015 -
mix1 has 'No Fear' pursuing an acquisition's letter of intent
The "No Fear" energy drink brand will likely enjoy a larger distribution network thanks to the intended acquisition.
By Carolyn Heneghan • March 13, 2015 -
Soybean tech royalties the focus of DuPont, Monsanto lawsuit
DuPont claims it did not receive final payments due by Monsanto.
By Carolyn Heneghan • March 13, 2015 -
Post to close Boise, ID, PowerBar facility
The move will affect around 165 workers.
By Carolyn Heneghan • March 13, 2015 -
Study: Larger CPG companies still losing market share
Small and mid-sized companies are making waves in the CPG sector.
By Carolyn Heneghan • March 13, 2015 -
JBS sees success in 2014 earnings report
The company saw a massive year in sales and net income growth.
By Carolyn Heneghan • March 12, 2015 -
Jelly Belly to shift distribution center
The company also recently named its next CEO.
By Carolyn Heneghan • March 12, 2015 -
Del Monte Foods buys specialty vegetable producer Sager Creek
The transaction cost $75 million.
By David Oliver • March 11, 2015 -
General Mills eyeing Green Giant sale: Reuters
Anonymous sources told Reuters that Green Giant offers about $700 million in revenue.
By David Oliver • March 11, 2015 -
SABMiller looking to make moves on African beer market
With a growing population and number of drinkers in the region, Africa is a prime target for international brewers like SABMiller.
By Carolyn Heneghan • March 11, 2015 -
Sysco pushes US Foods merger agreement deadline
The merger agreement deadline has been changed to May 7, a 60-day extension.
By Carolyn Heneghan • March 11, 2015 -
Coca-Cola exec to exit
It's a major time of change for the brand as a whole.
By Carolyn Heneghan • March 10, 2015 -
Jelly Belly eyes new CEO
The new president and CEO will report to the company chairman of the board, her father.
By Carolyn Heneghan • March 10, 2015 -
Groups, thousands of supporters tell Costco no GMO salmon
According to Friends of the Earth, Costco has not released an official company policy.
By Carolyn Heneghan • March 10, 2015 -
McCormick completes acquisition, Harvest Hill signs agreement
The former also recently entered into an agreement to purchase an Italian spice company.
By Carolyn Heneghan • March 10, 2015 -
Coke vending machines accepting Apple Pay to increase
By the end of 2015, there will be 100,000 Coke vending machines taking Apple Pay.
By David Oliver • March 9, 2015 -
Sysco-US Foods antitrust lawsuit has official hearings date
The hearings could last up to a week and will inform the future of both the lawsuit and the merger.
By Carolyn Heneghan • March 9, 2015 -
Hershey, Mars drop chocolate malt balls lawsuits
The not-so-sweet dispute had dragged on for nearly a year.
By Carolyn Heneghan • March 6, 2015 -
Diamond Foods sees net sales boost in Q2, fiscal year-to-date
The company's net sales were up 4.1% for the second quarter 2015 and 4.6% fiscal year-to-date.
By Carolyn Heneghan • March 6, 2015 -
Mead Johnson to be without CFO Leemputte
Charles Urbain, the company's chief development officer, will serve the position in the interim starting March 13, until the company finds a replacement.
By Carolyn Heneghan • March 5, 2015 -
Brown-Forman reports mixed earnings over ice
The company saw highs and lows in its brands' underlying net sales.
By Carolyn Heneghan • March 5, 2015 -
Unilever director Byron Grote sets sights on Tesco
He has been a non-executive director at Unilever since 2006.
By Carolyn Heneghan • March 5, 2015