British gin exports have increased in value by 166% since 2000, with exports to the US rising by 553% in the last decade, according to the Wine and Spirit Trade Association's (WTSA) latest annual spirits report. The report details the ...
Tags: gin exports, growth, WTSA
Ardent Mills is showcasing its latest grain-based industry solutions at the 2016 International Baking Industry Exposition (IBIE), which is being held from 8 to 11 October. "At Ardent Mills, we continuously work for the good of grain, and ...
Tags: Ardent Mills, IBIE Show
South Africa-based Rhodes Food Group has announced plans to acquire domestic food producer Pakco for R200m ($14.5m), as part of its expansion strategy. Pakco owns popular brands, including the iconic Bisto brand, Hinds, Buffalo, Southern ...
Tags: Rhodes Food Group, Pakco, acquisition
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
Hormel Foods has announced several new leadership appointments across business segments. James M. Splinter has been appointed to the position of group vice president, corporate strategy. In this new role, Splinter will have responsibility ...
Tags: Hormel Foods, appointment, new leader
The ATA has released its contract checklist, which aims to help trucking businesses ensure their contracts are fair and legal. The checklist responds to the lengthening payment terms faced by trucking businesses, as well as concerns that ...
Tags: contract checklist, ATA
Drinks giant William Grant & Sons has reported an 8.9% increase in profits after tax for fiscal year 2015, reaching a record high of £147.4m. The company posted a profit of £135.3m in 2014. A planned reduction in third-party ...
Tags: William Grant&Sons, fiscal report
Google just ratcheted up the pressure on Apple. For starters on Tuesday, it debuted products Apple lacks -- the Daydream virtual-reality headset, the Google Home digital assistant-powered speaker, the Chromecast Ultra streamer that can ...
The Evolution of a Partnership Built on Parallel Thinking New Apple Watch Hermès bands bring artful simplicity and functionality to the wrist. San Francisco and Paris — Today, Apple and Hermès introduced new Apple ...
Tags: Apple Watch Hermes
ConAgra Foods has acquired the packaged foods businesses of Frontera Foods and Red Fork for undisclosed amounts to expand its portfolio. The acquisition includes the Frontera, Red Fork and Salpica brands. However, Frontera-branded ...
Tags: ConAgra Foods, Frontera Foods, Red Fork, acquisition
The Hain Celestial Group announced it has received a limited waiver and extension of certain obligation under its unsecured credit facility from its lenders regarding the delivery of its fiscal year 2016 financial statements and, if ...
Tags: Hain Celestial, limited waiver, extension of credit facility
Private equity investment firm Paine & Partners has entered into an agreement to acquire food safety and food quality solutions platform Global ID Group. However, financial details of the transaction were not disclosed. Headquartered in ...
Tags: Paine&Partners, Global ID, food safety
SABIC and an affiliate of Exxon Mobil Corporation (ExxonMobil) (NYSE:XOM) are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. If developed, the project would be located in Texas or ...
Tags: SABIC, ExxonMobil, U.S.Gulf Coast
Algaia, following its declaration of intent last week to acquire Cargill’s Alginate business, announces the name of its new investor. Upon closing, Algaia will welcome Maabarot Products in its shareholding structure. Maabarot, a ...
Tags: Algaia, Cargill, Alginate business
Cash flow reflects durability of the integrated portfolio amid continued industry volatility Strong Chemical results highlight sustainable competitive advantages Advancing attractive new investment opportunities across the value ...
Tags: second quarter 2016, results