Corporate Operations: Page 343
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Pabst in talks to sell to private equity group
The deal would value the brewer of Pabst Blue Ribbon, Ballantine, and others at less than $1 billion.
By Paul Conley • Sept. 12, 2014 -
Glanbia buys Isopure for $153M
The deal will boost Glanbia's position in the U.S. market.
By Paul Conley • Sept. 12, 2014 -
Explore the Trendline➔
Courtesy of PIPA
TrendlineGetting reformulation right: How food companies are rethinking ingredients to meet consumer demand
Ingredient suppliers and companies like PepsiCo and Conagra are working closer together to overhaul brands to cater to a rise in healthy eating and expanding GLP-1 use.
By Food Dive staff -
Kroger beats estimates, raises forecast for full year
The supermarket giant reported net income of $347 million in the second quarter, well above the amount seen a year earlier.
By Paul Conley • Sept. 11, 2014 -
New CEOs named at three candy companies
Russell Stover, NECCO, and Justin's have all placed new folks at the top.
By Paul Conley • Sept. 11, 2014 -
US potato exports hit record high
Export volumes in the season ending in June were 7.5% higher than a year earlier.
By Paul Conley • Sept. 10, 2014 -
Dollar General launches hostile bid for Family Dollar
The discount retailer is taking its $9.1 billion offer directly to shareholders.
By Paul Conley • Sept. 10, 2014 -
Campbell Soup sales, forecast fall short of expectations
Shares fell more than 2.5% on the news — the largest one-day drop since July 31.
By Paul Conley • Sept. 9, 2014 -
General Mills to buy Annie's in $820M deal
The all-cash deal for the company suggests a growing market for organic and natural foods.
By Paul Conley • Sept. 9, 2014 -
Deep Dive
Gaza, Ebola, ISIS and Ukraine: How four global crises are hurting businesses
In a global economy, these crises are increasingly risks to the world's major food and beverage companies.
By Paul Conley • Sept. 8, 2014 -
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 -
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 -
USDA
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
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