US-based packaged foods company ConAgra Foods plans to split the company into two independent public companies – with one handling the consumer portfolio of various brands and the other managing its foodservice portfolio of frozen ...
Tags: ConAgra, potato, appetizer vegetable
US-based packaged food company ConAgra Foods has signed an agreement to sell its private label operations to TreeHouse Foods for $2.7bn in cash, which excludes transaction expenses. Under the agreement terms, ConAgra Foods will sell ...
Tags: ConAgra Foods, TreeHouse Foods
Unilever has announced that it has become a zero landfill company in Europe after achieving zero non-hazardous waste to landfill at its 242 factories. The announcement means that Unilever will not contribute to wastes from its premises, ...
Tags: Unilever, Zero Landfill Company
ConAgra Foods, an American packaged foods company, is planning to exit its private label foods business as it looks to boost profit margins, cut costs and focus on its growing consumer foods and commercial foods segments. The plans to ...
Tags: ConAgra Foods, packaged foods
Japanese food producer Ajinomoto will enter the Indonesian bread market to ramp up expansion of its consumer foods business in the country as well as build a frozen noodle production plant in the US. The company will establish Ajinomoto ...
Tags: Frozen Noodles, Food
Nomad Holdings has completed the previously announced acquisition of frozen food company Iglo Foods from Permira Advisers for €2.6bn. Said to be Europe's largest branded frozen food company, Iglo operates in 12 countries in Europe, ...
Tags: Agriculture, Food, frozen food
Nomad Holdings Ltd. has agreed to acquire Iglo Foods Holdings Ltd., said to be Europe’s largest branded frozen food company, from Permira Advisers LLP in a deal worth €2.6bn. Subject to customary closing conditions, Nomad ...
Tags: Iglo Foods, Nomad
ConAgra Foods has posted a higher-than-expected profit for the third quarter of fiscal 2015 and raised its full-year earnings forecast.The company's Consumer Foods Segment reported sales of about $1.8bn and operating profit of $274m. ...
Tags: Conagra Foods, Profit, Brands
Goodman Fielder CEO departs as sale to Asian giants settles It was announced today that Scott Weitemeyer will be appointed Managing Director and Chief Executive Officer of Goodman Fielder, replacing Chris Delaney. The announcement ...
Tags: ASX delisting, First Pacific, Food
Cargill India is set to commence production at its INR5bn ($78.8m) maize milling unit in Karnataka in June 2015. The plant, which is said to be the company's first maize unit in India, will be capable of processing around 800 tonnes of ...
Tags: bakery, confectionery, snacks, beverage, Agriculture
American ingredient solutions provider Ingredion has signed an agreement with Alliance Grain Traders (AGT) to distribute AGT’s pulse flours, protein and bran ingredients. The agreement includes consumer foods such as baked goods, ...
Tags: Ingredion, bran ingredients
Leading U.S.-based flavor and fragrance company, Arylessence, Inc., has announced innovative flavor concepts that appeal to the American consumer's desire for more exotic flavors and tastes in a variety of products from candy, gum, lip ...
Tags: Tropical Fruits, Arylessence
ConAgra Foods, Inc., one of North America's leading food companies, today reported results for the fiscal 2014 third quarter ended Feb. 23, 2014. Diluted EPS from continuing operations was $0.58 as reported for the fiscal third quarter vs. ...
Tags: Agriculture, Food
GlobalDairyTrade (GDT) announced today that Land O’Lakes dairy products are to be offered on GlobalDairyTrade beginning March, 2014. Land O’Lakes’ participation as a seller on GDT marks yet another significant development ...
Tags: agriculture, food
Appe’s rPET material was chosen by Oji with a focus on sustainability. Working together with consumer-foods group Hero, Appe said the new bottle enables the brand to achieve a ‘closed loop’ recycling system as the ...