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cereal maker
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Pioneer Foods to Acquire Stake in Cereal Maker Weetabix East Africa
Nov 22, 2016South African food company Pioneer Foods has announced that it would buy a 49.89% stake in major FMCG manufacturer Weetabix East Africa for an undisclosed amount. The acquisition is expected to establish a strategic beachhead for Pioneer ...
Tags: Pioneer Foods, Cereal
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ConAgra Foods Completes Lamb Weston Spin-off
Nov 14, 2016US-based ConAgra Foods has completed the spin-off its Lamb Weston business to become a singularly focused, consumer branded food company. The company has been changed to Conagra Brands to reflect the new direction and streamlined focus. ...
Tags: ConAgra Foods, Lamb Weston
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Kellogg to Acquire Controlling Stake in Brazilian Food Company Parati
Oct 24, 2016US-based cereal maker Kellogg has entered into an agreement to acquire Ritmo Investimentos, a controlling shareholder of Brazilian food group Parati Group. The purchase price of the acquisition is about $429m and it will be an all-cash ...
Tags: Kellogg, emerging markets
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Post Holdings to Acquire National Pasteurized Eggs
Sep 6, 2016Cereal maker Post Holdings’ subsidiary Michael Foods has entered into an agreement to acquire National Pasteurized Eggs (NPE) for undisclosed sum. NPE offers pasteurized shell eggs under the Davidson’s Safest Choice brand and ...
Tags: Michael Foods, Post Holdings, NPE
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Conagra Foods, Meijer to Set up Joint Venture for Russian Market
Jun 30, 2016US-based ConAgra Foods Lamb Weston and its Netherlands-based partner Meijer Frozen Food have announced to form a new joint venture to cater to the Russian market. The establishment of the joint venture is subject to approval from Federal ...
Tags: joint venture, FAS, ConAgra Foods
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General Mills Completes Sale Of Venezuelan Business To Lengfeld
Mar 22, 2016US-based food company General Mills has completed the sale of its Venezuela business to private investor Lengfeld, exiting from the country. The sale of the Venezuelan business includes brands such as Underwood, Rico Jam and ...
Tags: General Mills, Venezuela business, Lengfeld
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General Mills Plans to Launch Annie's Branded Organic Cereals
Feb 18, 2016General Mills is planning to launch Annie’s branded organic cereals, in order to strengthen its domestic cereal business. The cereal maker is planning to offer three USDA-certified organic cereals under the brand. The company claims ...
Tags: General Mills, Organic Cereals
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Kellogg to Set up Joint Venture with Tolaram to Expand in West Africa
Sep 17, 2015US-based food manufacturer Kellogg Co is creating a joint venture with the African unit of Singapore's Tolaram Group, as part of its strategy to drive future growth in the West African market and advance its breakfast and snack food ...
Tags: Kellogg, Tolaram, breakfast, snack food
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Chinese Firm Bright Foods to Acquire 50% Stake in New Zealand-Based Meat Exporter Silver Fern Farms
Sep 16, 2015China-based Bright Foods’ listed subsidiary is acquiring 50% stake in New Zealand-based meat cooperative Silver Fern Farms for NZ$311m ($197m) as it seeks to import more of agricultural products from New Zealand. Silver Fern ...
Tags: Bright Foods, sheep and beef, dairy
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Post Holdings Plans to Consolidate Its Ready-to-Eat Cereal Business with Mom Brands
May 19, 2015Cereal maker Post Holdings is planning to consolidate its ready-to-eat cereal business with MOM Brands, a move that will put around 200 jobs at risk. The new business, Post Consumer Brands, will be moved to Minnesota. The company will ...
Tags: Post Holdings, Cereal
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Post Holdings Cost $1.15bn to Acquire Natural Cereals Producer Mom Brands
Jan 28, 2015Cereal maker Post Holdings has agreed to acquire ready-to-eat and natural cereals producer MOM Brands, in a $1.15bn deal. An agreement to this effect was signed by MOM Brands. MOM Brands offers Malt-O-Meal brand ready-to-eat cereals, ...
Tags: hot cereals, Agriculture
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Kellogg's Has Raised Its Offer to Acquire Bisco Misr to 82.2 Per Share
Dec 2, 2014US-based food manufacturing company Kellogg's has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £82.2 per share. Kellogg's new offer overtakes Abraaj Investment Management's latest offer of ...
Tags: Egyptian cake, biscuit, Agriculture
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Abraaj Investment Management Raises Its Offer to Acquire Bisco Misr to $129.6m
Nov 28, 2014Abraaj Investment Management has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to $129.6m. The move comes after breakfast cereal maker Kellogg's offered $127.06m for the biscuit producer, Reuters reported. ...
Tags: cake, biscuit, Agriculture
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Abraaj Investment Management Has Secured Approval
Nov 21, 2014Abraaj Investment Management has secured approval from the Egyptian Financial Supervisory Authority to acquire 51% stake in the nation's confectionery producer Bisco Misr for $119m. The company, which will pay £73.91 per share, will ...
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The Kellogg Outlays 4-Year Global Strategy to Amass Savings to Be Invested in Core Areas
Nov 6, 2013The Kellogg Company, a US-based food company, has outlaid a four-year global strategy, Project K, to amass considerable savings to be invested in core business areas of the company. With this project, the cereal maker expects pre-tax ...
Tags: Kellogg, food company
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