The acquisition of US Foods by food distributor Sysco is not likely to happen in the current year as expected and its talks to secure an approval from antitrust regulators are still going on. In December 2013, Sysco announced that it ...
Tags: food distributor, Federal Trade Commission, Agriculture
Hong Kong-based investment management and holding company First Pacific and Wilmar International expect to complete the acquisition of Australian firm Goodman Fielder by 2015. Goodman Fielder owns brands as Medow Lea, Praise, White Wings, ...
Tags: Goodman Fielder, First Pacific, Agriculture
Turkey’s Yildiz Holding has signed a deal to acquire UK-based cookie firm United Biscuits, the maker of Jaffa Cakes and Jacob Crackers, as part of its strategy to expand into new markets. Once the deal is closed, the Turkish firm ...
Tags: United Biscuits, Turkish firm, Agriculture
UK-based Dairy Crest has agreed to divest its Dairies operations to Müller UK & Ireland for £80m, citing slump in profits during the six months ended September. The transaction includes production plants at Foston, Chadwell ...
Tags: fresh liquid milk, Dairy Crest, Agriculture
US-based WhiteWave Foods has acquired So Delicious Dairy Free, in a previously announced deal worth $195m. Earlier in September, WhiteWave Foods agreed to acquire So Delicious Dairy Free from its existing shareholders, led by Wasserstein ...
Tags: WhiteWave Foods, Dairy Free, Agriculture
Premium Brands, a producer, marketer and distributor of branded specialty food products, announced its results for the third quarter of 2014. * Revenue for the quarter increased by 15.2% to $330.4 million as compared to $287.0 million for ...
Tags: Premium Brands, Adjusted EBITDA, Agriculture
Darling Ingredients, a global developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a wide range of ingredients and customized specialty solutions for customers in the pharmaceutical, ...
Lifeway Foods, a supplier of cultured dairy products known as kefir and organic kefir, today announced results for the third quarter ended September 30, 2014. "Our strong double digit net sales growth in the third quarter demonstrates the ...
Mondelez International has agreed to acquire 80% stake in Vietnam-based Kinh Do's snack business for $370m, in order to strengthen its presence in emerging markets. The transaction includes the acquisition of Kinh Do's two production ...
Tags: snack business, Agriculture
An unplanned manufacturing disruption of PO/MTBE, led to US based Huntsman Corporation reporting a lower adjusted EBITDA, from a year ago quarter, in the third quarter of 2014. Huntsman said adjusted EBITDA amounted to $356 million in ...
NYSE-listed and global marketer of everyday basic apparel HanesBrands said it has delivered three consecutive quarters of double-digit growth in net sales, adjusted operating profit and adjusted EPS. The innerwear and garment marketer ...
Tags: Double-Digit Growth, Net sales, Apparel
In the third fiscal quarter ending September 27, 2014, despite posting revenue growth of 21.22% year-on-year, NASDAQ-listed manufacturer of carpet and rugs – The Dixie Group, reported loss from continuing operations. In the quarter ...
Tags: manufacturer of carpet, rugs, Textile
NYSE-listed Dollar General Corp said it remains committed to acquiring rival Family Dollar and also extended its offer to acquire all outstanding shares of Family Dollar Stores, Inc. Dollar General will tender $80.00 per share in cash, ...
Tags: Dollar General, Family Dollar, Apparel
NOVA Chemicals, a leading producer of chemicals for global customers who produce consumer, industrial and packaging products, has appointed Naushad Jamani as the senior vice president for Olefins and Feedstock, effective from January 1, ...
Tags: NOVA Chemicals, feedstock sources, Textile
Producer of speciality chemicals and NYSE listed, Eastman Chemical said it expects to deliver greater than 12 percent EPS growth, from strong organic growth due to acquisition of Taminco. Alongside, Eastman also expects to generate more ...