US-based investment management firm Trian Fund Management's founding partner Nelson Peltz has acquired stakes in PepsiCo and Mondelēz International. Peltz has acquired stakes valued at about $1.4bn each in PepsiCo and Mondelez ...
Tags: Nelson Peltz, Agriculture
Europe’s leading own label ice cream manufacturer R&R Ice Cream has agreed to acquire UK-based ice cream producer Fredericks Dairies for £49m. Fredericks Dairies, headquartered in Skelmersdale, England, has license to ...
Tags: R&R Ice Cream, Fredericks Dairies
Nabisco, a brand owned by US-based Mondelez International, has launched a new range of crackers, a new addition to its Triscuit range. The new range includes Brown Rice Triscuit that is available in various flavors such as seasoned with ...
The Association of International Metallizers, Coaters and Laminators (AIMCAL) bestowed its Product of the Year Award on Graphic Packaging International, Inc., Atlanta, Georgia, for a microwaveable bacon package for Embotits Espina, a ...
Tags: AIMCAL, Bacon package, Graphic Packaging International
Mondelēz International is voluntarily recalling belVita breakfast biscuits in US, Puerto Rico, as they may contain fragments of flexible metal mesh caused by a faulty screen at the company's facility. Mondelez has initiated the ...
Better management of input costs and higher sales in emerging markets have helped global snacks giant Mondelez International report higher underlying profits in 2012. The Cadbury owner booked a 4% increase in operating income to US$3.64bn ...
Tags: Cost Control, Developing Markets, Mondelez
Global snacks giant Mondelez International has affirmed confidence in its ability to increase sales by at least 5% on an organic basis in 2012 amid concerns on Wall Street. Better management of input costs and higher sales in emerging ...
Tags: snacks giant, Mondelez International, sales
About 21 companies in the US have voluntarily lowered salt content in pre-packaged or restaurant foods products, in response to a salt reduction campaign led by New York Mayor Michael Bloomberg. New York launched the National Salt ...
Tags: salt content, pre-packaged foods, restaurant foods products
News that Flowers Food has emerged as the "stalking horse" bidder for various Hostess Brands bread brands in the US caught our attention this week. Meanwhile, an entirely different kind of horse got tongues wagging on this side of the pond ...
Tags: Flowers Food, interview, just-food
Kraft Foods Group has unveiled plans to launch more than 40 new products, marking the first swathe of NPD since the group separated from Mondelez International and became an independent publicly traded group last October. The company ...
Tags: Kraft Foods Group, Mondelez, company news, food industry
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...
Tags: European M&A advisors, food sector, Food
International animal welfare organization Four Paws has announced that the chocolate bar Toblerone,which is owned by Mondelēz International,will now be produced only with eggs laid by cage free hens. This move comes after Mondelez ...
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
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