US food giant General Mills said today (27 June) the steepest rise in input costs it has experienced in over 30 years weighed on its full-year earnings. For the 12 months ended 27 May, net profit slid 12.8% to US$1.57bn. Operating ...
Mars Inc has launched a range of Dolmio tomato-based sauces for meatballs in the UK. The range, comprising Tomato & Basil, Tomato & Chilli and Tomato & Garden Vegetables, is the first of its kind in the wet cooking sauces sector, Mars ...
Tags: Mars Inc, sauce, food product, food market
US canned food firm Seneca Foods has announced it could buy local peer Independent Foods. Seneca Foods said it had signed an MOU "contemplating an acquisition" of the company, which makes branded and own-label canned fruit. Any deal ...
Tags: Seneca Foods, canned food, Independent Foods
Nestle has recalled pizza sold under its Wagner and Buitoni brands in a number of European markets and Canada after consumers found metal pieces in a product. The Swiss food giant said today (11 December) two shoppers in Germany had ...
Tags: Nestle, pizza, recall, food safety
US food giant ConAgra Foods has reported a fourth-quarter loss of US$86m after changes to the way its accounts for its pension costs. The company said today (21 June) its new method of accounting for pensions hit its bottom line in the 13 ...
Princes has added new lines to its Crosse & Blackwell 4Kids pasta range in the UK as it relaunches the brand. The UK food and drink group said it will take 4Kids into pasta meals with the launch of two products: pasta with sausages and ...
Tags: Princes, kids pasta, food product, food industry
Kraft Foods has expanded its UK confectionery line with the addition of Cadbury Pretzels. Available as part of the food giant's sharing bag offering, Cadbury Pretzels will be available to order from 13 August. Kraft is hoping to tap ...
Mars Inc has extended its Uncle Ben's rice offering in the UK with the launch of a 'Twice the Fibre' line. The food giant is hoping to target parents looking to get more fibre into their family meals with the range, which offers "a blend ...
Tags: Mars, Uncle Ben, rice, rice price, food industry
Food giant Heinz has appointed Lee Rolston to the role of director for its Explore UK & Ireland division. Rolston, who joins Heinz from Muller Dairy where he was marketing director, will head up the firm's Explore team, created earlier ...
Tags: food, Heinz, Lee Rolston, food group
Food giant Heinz has extended its UK sauces range with the introduction of a range of ketchups in a jar. Designed with adults in mind, Heinz said the range aims to drive new usage occasions by allowing consumers to "spoon a generous ...
US food giant General Mills is to launch around 40 yoghurt products in the US this year. Yoplait USA has lined up a range of new lines like Yoplait Greek 100, Yoplait Simplait, Yoplait Fruplait, Mountain High All Natural Yogurt, and ...
US food giant General Mills has outlined a number of its global growth plans for its current fiscal year. Company executives yesterday (10 July) discussed plans that the company hopes will fuel growth in the US and beyond at a meeting ...
Tags: Growth Plans, fiscal year, fiscal 2013
US canned food firm Seneca Foods has announced it could buy local peer Independent Foods. Seneca Foods said it had signed an MOU "contemplating an acquisition" of the company, which makes branded and own-label canned fruit. Any deal ...
Tags: canned food, acquisition, Seneca Foods
Global dairy and food giant Danone is to expand its baby food manufacturing facility in Wexford. Danone has secured EUR20m (US$25m) in funding from Enterprise Ireland for the investment, which is expected to create around 45 jobs. The ...
Tags: Baby Food, dairy and food, European market
Pacific Equity Partners, an Australian private equity firm, has acquired Swiss food giant Nestlé's Australian ice cream brand Peters and Mulgrave factory located at Victoria for an undisclosed amount. Through the transaction, the ...
Tags: Pacific Equity Partners, Peters, acquisition, ice cream