Corporate Operations: Page 331
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Mondelez, D.E Master Blenders eye brand sell-off prior to merger
Two French coffee brands — L'Or and Grand Mere — are said to be on the block.
By Paul Conley • July 21, 2014 -
California-based Stone Brewing plans expansion to Berlin
The move would be the first by an American craft brewer to Europe.
By Paul Conley • July 21, 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 -
USDA moves closer to allowing apple imports from China
New rules outlined by the regulator would allow shipments from regions free of the Oriental fruit fly.
By Paul Conley • July 21, 2014 -
Remy Cointreau sales drop 5.7 percent
The French spirits maker said shipments fell more than anticipated, partly due to a recent anti-corruption campaign in China.
By Paul Conley • July 18, 2014 -
Activist investor Nelson Peltz hints at a proxy battle with PepsiCo
The CEO of Trian Fund Management said he's not done with his battle to force change at PepsiCo.
By Paul Conley • July 18, 2014 -
Seatrade orders two containerships for perishables
The move to boxships suggests a fundamental shift in how the reefer-transportation giant views the industry.
By Paul Conley • July 17, 2014 -
Agropur buys rival co-op Northumberland Dairy
The Canadian-U.S. dairy powerhouse also announced an expansion of its Wisconsin ingredients plant.
By Paul Conley • July 17, 2014 -
Hershey raises prices 8%, blames cocoa and dairy costs
The chocolate company also lowered expectations for earnings and sales growth.
By Paul Conley • July 16, 2014 -
Large aquaculture park planned for Indiana county
Plans for the 60-acre park in Delaware County come amid a fish-farm boom in the state, driven by soybeans.
By Paul Conley • July 15, 2014 -
ConAgra buys potato processor in China for $93M
The deal is meant to supply ConAgra's Lamb Weston unit in Asia.
By Paul Conley • July 15, 2014 -
Vita Coco sells stake to Chinese drink company
The deal gives a 25% stake of the coconut water processor to Red Bull distributor Reignwood Group.
By Paul Conley • July 15, 2014 -
Chiquita signs new lease deal with mid-Atlantic hub
The five-year lease ensures that the Port of Wilmington maintains its position as the biggest banana port in North America.
By Paul Conley • July 15, 2014 -
Deep Dive
Five food brands that would make any Easterner nostalgic
Not every great brand has, or even wants, a national distribution network. Some of the best food and drinks in America stay close to home.
By Paul Conley • July 14, 2014 -
Saskatoon berries poised for popularity
The saskatoon has grown on the prairie for centuries and is popular with cooks in Canada. Now it's suddenly attracting attention in the States.
By Paul Conley • July 14, 2014 -
Mondelez separates European cheese, grocery into stand-alone business
The move, which would seem to make a sale or spinoff likely, comes amid pressure from activist investors.
By Paul Conley • July 14, 2014 -
Cargill says plant in Ukraine seized by 'armed individuals'
The agribusiness giant says its has suspended operations at the sunflower-processing facility as it assesses the situation.
By Paul Conley • July 14, 2014 -
Lindt buys Russell Stover in surprise move
The move comes just months after reports suggested a sale of Russell Stover to Hershey.
By Paul Conley • July 14, 2014 -
Retrieved from General Mills on July 09, 2014
Friday Flavors: Eating wood pulp and caviar vending machines
Here at Food Dive, we always enjoy combing through the endless amount of fun foodie news circling the Internet each week. In one of our newest series, we've picked some of the most interesting articles for you to enjoy. From new products to an alcohol delivery app, below are our favorite find...
By Kelsey Lindsey • July 11, 2014 -
Pernod spends $100 million to take control of Tequila Avion
Pernod was already a minority investor in the premium brand.
By Paul Conley • July 11, 2014 -
Cargill to build grain terminal on Mississippi River
News of a a new facility comes just two years after Cargill upgraded an existing facility nearby.
By Paul Conley • July 11, 2014 -
Slim Fast sold to private equity firm Kainos Capital
Unilever has been looking for a buyer of its dietary food products brand since January.
By Kelsey Lindsey • July 10, 2014 -
Coca-Cola offers smog hazard pay to expat employees in China
The soft-drink giant is offering hardship allowances to employees who must brave China's polluted air.
By Paul Conley • July 10, 2014 -
Labor unrest at Los Angeles port threatens food shippers
Independent drivers and unionized longshoremen are both engaged in disputes with the port, and the food industry is worried.
By Paul Conley • July 10, 2014 -
Chicken breeder discusses rooster fertility problem
The genetic disorder, which can't be explained by scientists, is reducing the supply of chicks and pushing up the price for chicken.
By Paul Conley • July 10, 2014 -
Retrieved from U.S. Department of Agriculture.Deep Dive
Unwrapping the debate over school lunch nutrition
The move to help school kids eat better has turned into a fight among politicians, food companies, and ... lunch ladies.
By Paul Conley • July 9, 2014