Danone is to cut EUR200m (US$261m) in costs from its European operations in a bid to "win back its competitive edge" in the region after falling sales. The French food giant said it would "adapt" its management structure in Europe and ...
Tags: Danone, costs, European operations
Mondelez International, the snacks group spun off from Kraft Foods last month, has reported a fall in underlying third-quarter sales amid problems in Brazil and Russia. The company, which produces brands including Cadbury chocolate, ...
Tags: Mondelez International, Kraft Foods, sales, comapany news
Mondelez International, formerly Kraft Foods, has completed the spin-off of its North American grocery business, Kraft Foods Group. The spin was completed yesterday (1 October). Mondelez and Kraft Foods Group will both trade on the ...
Tags: Mondelez International, Kraft Foods, grocery business, food industry
Vitamin and supplement giant NBTY has acquired US energy bar brand Balance Bar from private-equity firm Brynwood Partners VI. Brynwood, which acquired the brand from Kraft Foods in 2009, announced the sale for an undisclosed sum yesterday ...
Tags: NBTY, vitamin, supplement, Kraft Foods, energy bar
Ruiz Food Products has announced the appointment of Rachel Cullen as CEO. Cullen joins the company with over 25 years of experience with companies including Unilever, Kraft Foods and most recently Dean Foods. She replaces Bryce Ruiz who ...
Tags: Ruiz Food Products, Rachel Cullen, CEO, company news
Premier Foods plc has become the latest company to launch a range of breakfast biscuits in the UK. The group is hoping to tap into the GBP33m (US$52.4m) breakfast biscuit market with the launch of Hovis Breakfast Bakes. It has ...
Tags: Premier Foods, breakfast biscuit market, Hovis Breakfast
Kraft Foods has booked an increase in first-half profits, despite recording a fall in sales, thanks to productivity and price gains. In the six months to the end of June, net profit increased 4.2% to US$1.85bn. Operating profit in the ...
Tags: Kraft Foods, first half profits, fall in sales, food price
Kraft Foods Group booked a 13% rise in earnings during the third-quarter, as the group benefited from its "leaner" post-spin structure and spent more on advertising. Reporting its first set of results following its spin-off from global ...
Tags: Q3 earnings, Net revenue, Q4 sales
Kraft Foods has added two new flavors to its BelVita breakfast biscuits line in the US. BelVita breakfast biscuits, launched in the US late last year, are now available in chocolate and cinnamon brown sugar varieties, Kraft said this ...
Tags: biscuit line, nutritious breakfast, breakfast biscuits
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 ...
Premier Foods plc chairman Ronnie Bell has decided to leave the UK food manufacturer after 18 months in the role. Former Kraft Foods veteran Bell joined Premier in October 2010 just weeks after the Hovis bread and Ambrosia custard maker ...
Tags: chairman Ronnie Bell, Premier Foods, food manufacturer
UK-based private-label ice cream maker R&R Ice Cream has acquired Italian ice cream manufacturer Eskigel. The acquisition, for around EUR77m (US$94.5m), will give R&R an "immediate and major" presence in Europe's largest ice cream ...
Tags: acquisition, R and R, Eskigel, ice cream
Nick Bunker, the head of Kraft Foods' businesses in the UK and Ireland, is to become CEO of United Biscuits recently-separated snacks unit. United Biscuits said today (6 August) Bunker would become chief executive of KP Snacks on 1 ...
Tags: Nick Bunker, snacks unit, Kraft Foods, United Biscuits
Lotus Bakeries has acquired Mondelez International's marketing and distribution rights for the Dinosaurus biscuit brand through its acquisition of Spanish baker Artiach. The Belgian baker and Spanish food group Nutrexpa jointly acquired ...
Tags: Lotus Bakeries, food market, marketing, acquisition, Artiach
Kraft Foods is to list on the NASDAQ later this month, citing cost as a factor in its decision to move from the New York Stock Exchange. Shares in Kraft will start trading on the NASDAQ from 26 June, the company said today (8 June). Its ...
Tags: Kraft Foods, NASDAQ, Nyse