Corporate Operations: Page 326
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ADM names oilseeds exec to run SCI ingredients business
The agribusiness giant named Ken Campbell to helm its latest acquisition.
By Paul Conley • Nov. 19, 2014 -
Sponsored by
The Top 7 Food Trends for 2015 from Starchefs International Chefs Congress
Sponsored by: Recently, some members of the Symrise team attended the 9th Annual Starchefs.com International Chefs Congress at the Brooklyn Expo Center in Greenpoint. The following is our take on the top culinary trends for 2015 from the event. On the main stage, at the products fair, and...
Nov. 18, 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 -
Is a chocolate shortage imminent?
Some of the world's largest chocolate companies are warning that a shortage looms by 2020, scaring markets and chocolate lovers.
By Paul Conley • Nov. 18, 2014 -
Carlsberg takes control of Greece's Olympic Brewery
The purchase makes the Danish company the second-largest brewer in Greece.
By Paul Conley • Nov. 18, 2014 -
Tyson exceeds profit predictions as meat prices soar
The biggest U.S. meat producer saw beef prices increase 21.5% and pork prices 16.5% in its most recent quarter.
By David Oliver • Nov. 17, 2014 -
Japan's butter shortage threatens Christmas cakes
Supermarkets in Japan are reeling from the shortage, as consumers grow frantic over the lack of the key ingredient for the nation's Christmas cakes.
By Paul Conley • Nov. 17, 2014 -
Pinnacle Foods purchases Garden Protein International
The $154 million deal gives Pinnacle a foothold in the plant-based protein space.
By Paul Conley • Nov. 17, 2014 -
McDonald's says it won't buy GMO potato
The decision is a blow to J.R. Simplot Co., the potato grower-shipper that developed the new spud.
By Paul Conley • Nov. 17, 2014 -
Twinkies maker Hostess to go on sale again
The private equity firms that control Hostess are expected to seek at least $1.7 billion for the company.
By Paul Conley • Nov. 17, 2014 -
Nestle looking at options for Davigel
The world's largest food company said it is mulling over decisions regarding its frozen food business.
By David Oliver • Nov. 14, 2014 -
JBS posts record profit on soaring cattle prices
The world's largest meat company also benefited from a substantial drop in feed costs.
By Paul Conley • Nov. 13, 2014 -
Royal Ahold income rises, but margins shrink
A good performance by U.S. brands Stop & Shop and Giant lifted revenue, but no improvement is expected.
By Paul Conley • Nov. 13, 2014 -
SABMiller earnings crimped by dollar woes
The brewer posted modest growth for the first half of the year but missed analysts' forecasts.
By Paul Conley • Nov. 13, 2014 -
Chobani to open food incubator in NYC
The Greek yogurt-maker says it wants to support other disrupters in the food business.
By Paul Conley • Nov. 12, 2014 -
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 -
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
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