American food giant Tyson Foods has made a commitment to use only chicken with “no antibiotics ever” (NAE) in its consumer branded products. The commitment was announced by Tyson Foods president and CEO Tom Hayes while ...
Tags: Tyson Foods, Chicken Products
British-Dutch multinational consumer goods firm Unilever has rejected American food giant Kraft Heinz’s merger proposal worth $143bn. It is not yet sure whether Kraft Heinz will be looking to approach another target following its ...
Ardian has divested its stake in Germany-based food company frostkrone for an undisclosed sum to Emeram Capital Partners. frostkrone, which was established in 1997, manufactures frozen finger food and snack products in Europe. The ...
Tags: Ardian, snack products
JOLLY TIME Pop Corn, the first brand name popcorn, and Cosmos Creations, a brand that creates premium snacks with an indulgent, artisan taste, have joined forces to provide new popcorn flavors to consumers. The four new ready-to-eat ...
Tags: Popcorn, premium snacks
Amplify Snack Brands announced it has strengthened the Company’s executive leadership team by appointing Mike DeGrace as senior vice president of sales for North American region. Mr. DeGrace joins Amplify with over 30 years of ...
Tags: Amplify Snack, packaged foods
Bubbies Homemade Ice Cream & Desserts has been acquired by Chicago-based investment firm Kenex Holdings for an undisclosed sum. Headquartered in Aiea, Hawaii and founded in 1985, Bubbies makes mochi ice cream sold across the US and select ...
Philippines canned food company Century Pacific Food (CNPF) will acquire 100% stake in a group of unnamed Chinese distribution companies for a total price of $2.56m to further expand its branded exports business. In this regard, CNPF is ...
Tags: Century Pacific, exports business
French dairy giant The Lactalis Group has offered its Italian subsidiary Parmalat a buyout offer of €637m for the 12.26% stake it doesn’t hold. The move from the Lactalis is to take 100% control of Parmalat in order to delist ...
Tags: dairy, Lactalis Group
ConAgra Grocery Products, a subsidiary of ConAgra, has agreed to pay a fine $11.2m to resolve a decade long peanut butter case related to a countrywide outbreak of salmonella in the US. The company has pleaded guilty of shipping ...
Tags: ConAgra, Peanut Butter
Spanish food company Ebro Foods has announced the merger of its three US rice and pasta companies in a bid to become a major player in the two segments in the country. The companies to be merged, with effective from 1 January 2017, are ...
Tags: Ebro Foods, Rice, Pasta
Frozen poultry products manufacturer Maxi Canada has been acquired by Altamont Capital Partners, a San Francisco Bay Area based private investment firm, for an undisclosed price. Maxi Canada, which is based in St-Lin-Laurentides, Quebec, ...
Tags: poultry products, Bruer
The Saudi Public Investment Fund (PIF) has announced plans to buy 50% stake in Adeptio Group’s, which controls the Kuwait Food Company (Americana). However, financial details of the transaction were not disclosed. Saudi Arabia's ...
Tags: Kuwait Food, Food
South African food company Pioneer Foods has announced that it would buy a 49.89% stake in major FMCG manufacturer Weetabix East Africa for an undisclosed amount. The acquisition is expected to establish a strategic beachhead for Pioneer ...
Tags: Pioneer Foods, Cereal
Irish food company Greencore Group has announced the proposed acquisition of Peacock Foods for $747.5m to expand its presence in the US. The US based Peacock Foods is headquartered in Geneva, Illinois and is into producing frozen ...
Tags: Greencore, Peacock Foods
Thai natural food producer Heritage Group is introducing new, limited edition WonderPuff Gourmet Popcorn tins with lids that turn into handy popcorn bowls too. The 120g tins come in fun designs and a range of appetizing flavors, including ...
Tags: Heritage, Almond Caramel