Corporate Operations: Page 328
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Barilla borrows $907M to fund acquisitions
Where does the pasta-maker see opportunity for growth?
By Paul Conley • Sept. 8, 2014 -
Drambuie sold to William Grant and Sons
The sale by the MacKinnon family was widely expected.
By Paul Conley • Sept. 8, 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 -
Blue Bunny closes Utah ice cream plant
The ice cream maker will shift production to a plant in Iowa.
By Paul Conley • Sept. 5, 2014 -
Parmalat buys Brazilian dairy operations of BRF
The purchase marks the second acquisition in Brazil in the past two weeks by the European dairy giant.
By Paul Conley • Sept. 4, 2014 -
JBS revives plans for IPO
A $1.8-billion offering may come as early as next month, according to Reuters.
By Paul Conley • Sept. 4, 2014 -
KKR cashes out stake in Chinese dairy
The deal comes amidst soaring sales for China Modern Dairy.
By Paul Conley • Sept. 3, 2014 -
Danone names new CEO; Riboud to remain as chair
But will the move be the sort of game-changer that the market is demanding of the struggling yogurt-maker?
By Paul Conley • Sept. 3, 2014 -
ADM sells chocolate business to Cargill for $440M
Notably not included in the deal are the cocoa-processing facilities owned by ADM. What does this mean for the business models of both companies?
By Paul Conley • Sept. 3, 2014 -
Deep Dive
5 things that happened in 1914 that changed the food industry
The modern food industry is 100 years old this year.
By Paul Conley • Sept. 3, 2014 -
Ireland's Total Produce buys piece of CA-based Eco Farms
The fast-growing Irish shipper has been on an acquisition spree.
By Paul Conley • Sept. 2, 2014 -
Heineken sells Mexican packaging business to Crown
The sale comes just four years after the brewer acquired the business as part of a larger transaction.
By Paul Conley • Sept. 2, 2014 -
Kellogg looks to buy majority share in Egyptian sweets baker
The cereal company is the third possible suitor to emerge this year for Bisco Misr.
By Paul Conley • Sept. 2, 2014 -
JBS opens cattle-buying operation in Pennsylvania's Lancaster County
The move is aimed at securing sales from the smaller operators that dot the area.
By Paul Conley • Aug. 29, 2014 -
SodaStream may close West Bank factory, according to news report
The make-at-home soda company is said to be considering a plan to abandon its controversial site.
By Paul Conley • Aug. 29, 2014 -
Maker of Jack Daniels warns of Russia woes ahead
Brown-Forman is the latest company to warn that Russia's ban on U.S. imports will hurt the bottom line.
By Paul Conley • Aug. 29, 2014 -
KKR buys stake in China's largest chicken processor
The private equity firm will spend $400 million for a minority stake in Fujian Sunner Development Co.
By Paul Conley • Aug. 28, 2014 -
Tyson, Hillshire merger approved by Justice Department
Tyson must sell off a hog-trading unit in order to complete the Hillshire deal.
By Paul Conley • Aug. 28, 2014 -
US to impose duties on Mexican sugar imports
The move, if confirmed, would likely boost prices for candy and soft drinks in the United States.
By Paul Conley • Aug. 27, 2014 -
Chiquita, Fyffes expect additional $20M in merger savings
The banana giants look to reassure investors as a vote nears on their proposed merger.
By Paul Conley • Aug. 27, 2014 -
India asks Pepsi to reduce sugar levels in soda
India also requested PepsiCo's help in developing healthier lunches for schoolchildren.
By Paul Conley • Aug. 27, 2014 -
Fonterra will return to China with $555M expansion
The New Zealand dairy producer is partnering with Chinese infant formula manufacturer Beingmate.
By Paul Conley • Aug. 27, 2014 -
Deep Dive
Second quarter earnings marked by trading gains, currency woes
As earnings season ends, some patterns emerge ... and most of them aren't encouraging.
By Paul Conley • Aug. 26, 2014 -
Napa winemakers assess damage after earthquake
A magnitude-6 earthquake hit the popular Napa winemaking region on Sunday, impacting many.
By Paul Conley • Aug. 26, 2014 -
Inclusion Technologies buys assets of defunct AnaCon Foods
Included in the deal is a 30,000-square-foot manufacturing facility in Atchison, KS.
By Paul Conley • Aug. 26, 2014 -
Coca-Cola Life debuts in US
The long-awaited mid-calorie soda began appearing on the shelves of The Fresh Market chain yesterday in four southern states.
By Paul Conley • Aug. 26, 2014