Pioneer Food will acquire full ownership of Heinz Foods South Africa (Heinz Foods SA) by purchasing the remaining 50.1% stake in the joint venture (JV) from Kraft Heinz Company’s subsidiary Heinz SA. Financial terms of the ...
Tags: Pioneer Food, Heinz Foods
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
A Doritos advertisement created by an Australian is the most shared advertisement of the 2016 Super Bowl commercials. Ranked by US measurement agency Unruly, the advertisement reached number one by appealing to America’s humour and ...
Australia’s growing appetite for healthy, convenient, pre-packaged salads is seeing the construction of the largest fresh cut salad facility of its kind in New South Wales, thanks to a new deal between producer of value-added ...
Tags: deli salads, baby beetroot, avocadoes, Agriculture
Glass container manufacturer Owens-Illinois (O-I) has designed new bottles for Lucas Bols' Damrak Dutch Gin. The new bottles, which have been developed as part of a line extension, include 70cl and 1-litre sizes for foreign markets, ...
Tags: Bottle, Packaging, Printing, Packaging Bottle
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
O-I, the world´s largest glass container manufacturer and preferred partner for many of the leading food and beverage brands, introduces VersaFlow carafe, an innovative packaging concept for the food industry. The VersaFlow carafe has ...
Dutch consumer goods company Unilever has announced a voluntary open offer to increase its stake in its Indian subsidiary Hindustan Unilever (HUL) from 52.48% to up to 75%. Under the terms of the deal, Unilever agreed to pay INR600 ...
Tags: Unilever, Hindustan Unilever
Ireland-based food ingredients and flavors group Kerry has completed the acquisition of South Africa-based sweet ingredient solutions supplier Orley Foods for an undisclosed sum. Kerry noted that this acquisition is in line with its plan ...
MOM's Organic Market has banned products targeting children through the use of licensed cartoon characters. The move includes a wide range of products, from frozen soybeans to juice boxes. All products targeting children through the use ...
US-based Owens-Illinois(O-I) has launched an easy-to-use online tool to help customers identify the right glass package from its vast offering of standard containers for beer, food, non-alcoholic beverages, spirits and wine. According to ...
Tags: Glass Package, online tool, glass container
Dharampal Satyapal (DS) Group, an Indian multi-diversified conglomerate with food and beverage brands, is to spend INR650m ($11.780m) to establish its new milk-based powdered drink Yomil. In June 2012, the company entered into powdered ...
Tags: food and beverage brands, new milk-based powdered drink Yomil