A key challenge for food companies is to create a continuous stream of new products which are “UNIQUE” in the eye of the consumer. The pressure from periodic range reviews drives an “in with the new” and “out ...
Tags: Incrementalism, New product, Food
PepsiCo has established Baking Category Innovation Center in Nuevo Leon, Mexico to expand the company’s research and development arm. The new center in Apodaca is a part of PepsiCo's five-year plan to invest $5bn to strengthen its ...
Tags: PepsiCo, Baking Category
PepsiCo, Inc. today announced plans to invest $5 billion in Mexico over the next five years. The investment is designed to further strengthen PepsiCo's food and beverage business in Mexico, one of the most attractive markets in Latin ...
Tags: PepsiCo, Food, PepsiCo's investment
UK-based convenience food company Symington's has acquired family-owned baking business Victoria Foods for an undisclosed amount. This acquisition will strengthen Symington's position in the home baking category and also complement its ...
Tags: family-owned baking business, home baking category, home baking market
Symington's has acquired fellow UK baking business Victoria Foods, a company that supplies products under licence for Nestle and Weight Watchers. The deal, for an undisclosed sum, was announced yesterday (20 June) and comes weeks after a ...
Tags: Symington's, requiered, food, home baking, confectionery