Corporate Operations: Page 311
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Hain Celestial acquires Empire Kosher Foods
The former recently reported its second quarter earnings which saw a net sales uptick, though it forecast a lower annual net sales prediction than it had previously.
By David Oliver • March 4, 2015 -
Diageo supports its latest acquisition with $400M investment
The company plans to expand Don Julio's operations in Mexico, the brand's biggest market.
By Carolyn Heneghan • March 4, 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 Nestle on February 11, 2014
Grupo Herdez purchases Helados Nestle
The company predicts it will make approximately the same amount of money in annual sales as it will to acquire it.
By Carolyn Heneghan • March 4, 2015 -
PepsiCo, Coca-Cola Hellenic to shut down one Russian plant each
This comes as Russia faces economic troubles.
By Carolyn Heneghan • March 3, 2015 -
Mondelez's Amoye moves on from his cocoa chief position
His replacement is Switzerland-based Udo Kagerbauer.
By Carolyn Heneghan • March 3, 2015 -
ADM's CFO to see increased Asia role
The company is eyeing Asia as a target for expansion.
By Carolyn Heneghan • March 3, 2015 -
JBS again withdraws IPO plans
The company is the largest meatpacker on earth, according to The New York Times.
By Carolyn Heneghan • March 2, 2015 -
Coca-Cola FEMSA planning $200M Brazilian investment
The company hopes to expand operations in the country.
By Carolyn Heneghan • March 2, 2015 -
In latest shareholders' letter, Buffett reports increased Coca-Cola ownership
He incorporates Coca-Cola into his portfolio as well as his diet.
By Carolyn Heneghan • March 2, 2015 -
Diageo, Casa Cuervo brand swap complete
The trade switches Bushmills Irish whiskey for Don Julio tequila.
By Carolyn Heneghan • March 2, 2015 -
Wal-Mart wage increase ruffling feathers
McDonald’s, for one, says the precedent set by retailers unilaterally raising their minimum wages will hurt profits.
By Daphne Howland • Feb. 27, 2015 -
Hershey reveals next CFO
Patricia A. Little will take over the post in mid-March, the company says.
By David Oliver • Feb. 27, 2015 -
Fyffes continues on path of growth
This marks growth in earnings for six years in a row for the company.
By Carolyn Heneghan • Feb. 27, 2015 -
Monster releases scary good earnings report
The company saw a massive surge in various numbers in its earnings report, despite recent controversy.
By Carolyn Heneghan • Feb. 27, 2015 -
SodaStream eyes new beverage markets
The company is planning a new machine that will expand its beverage selection.
By Carolyn Heneghan • Feb. 27, 2015 -
What's the best strategy for food companies to boost bottom line?
Rumor has it Kraft could be getting rid of some brands, according to sources reported by The Deal.
By Carolyn Heneghan • Feb. 27, 2015 -
AB InBev buyback to come, net profit up in Q4
The beverage giant saw its fair share of ups and downs this year.
By Carolyn Heneghan • Feb. 26, 2015 -
SodaStream's earnings bubble with highs and lows
The company reported a 25% dip in revenue.
By Carolyn Heneghan • Feb. 26, 2015 -
Campbell sales, earnings dip
The company recently announced a cost cuts initiative.
By David Oliver • Feb. 25, 2015 -
Deep Dive
Calling all craft: A sip into the craft beer world
With Anheuser-Busch InBev's latest acquisition in the works, what does that mean for the craft beer industry?
By David Oliver • Feb. 25, 2015 -
Lavazza receives exclusive offer to acquire Carte Noire
Mondelez hopes offering Carte Noire to the company will appease regulators blocking a merger.
By Carolyn Heneghan • Feb. 25, 2015 -
Dole CEO attempts to avoid finance questions at trial
At his trial, David Murdock turned to banana boats when pressed for finance details.
By Carolyn Heneghan • Feb. 25, 2015 -
Boston Beer misses many analysts' Q4 predictions
The company also reported a poor 2015 outlook.
By Carolyn Heneghan • Feb. 25, 2015 -
Mondelez names new North American exec
Roberto Marques will be heading to Mondelez in mid-March.
By David Oliver • Feb. 24, 2015 -
What does the rising dollar mean for food and beverage companies?
The rapidly rising dollar has hit foreign exports hard for some major food and beverage companies.
By Carolyn Heneghan • Feb. 24, 2015