Switzerland-based food and beverage company Nestlé has outlined its plan to achieve 100% recyclable or reusable packaging by 2025. As part of this effort, the firm plans to focus on three core areas including eliminating ...
Nestlé USA has issued a voluntary recall of a frozen pizza snack product because of misbranding and undeclared allergens. The product that has been recalled is the Hot Pockets Four Cheese Pizza Snack Bites. The food and beverage ...
Tags: frozen pizza, snack product
French food group Danone has signed a binding agreement to sell its US dairy subsidiary, Stonyfield, to Lactalis for $875m. The price of the deal represents 20 times its earnings before interest, tax, depreciation and amortization ...
Nestlé USA has entered into a partnership with Rabobank and RocketSpace to support startups for the Terra Food + Ag Tech Accelerator program. Nestlé will collaborate with Terra and other corporate collaborators to select and ...
Tags: Food Industry, Nestle
Danone has agreed to divest one of its US dairy subsidiaries, Stonyfield, to secure approval from US antitrust authorities for its $10bn acquisition of soy-milk maker WhiteWave Foods. The French dairy giant has reached an agreement in ...
Kraft Heinz has introduced new Velveeta Stuffed Grilled Cheese and Velveeta Cheesy Bites to expand its presence in the frozen snacks market. From loaf recipe cheese to shells and cheese, Velveeta has been in America’s kitchens since ...
Tags: Kraft Heinz, Velveeta Products
Toyota Motor Corporation (TMC), Komeda Co., Ltd. (Komeda), and KDDI Corporation (KDDI) will begin an initiative on September 20, 2016 by utilizing a smartphone application called Driving Barista. The application is aimed at reducing the ...
Tags: Smartphone, Traffic Accidents
Dean Foods announced that executive vice president and COO Ralph Scozzafava will succeed Gregg A. Tanner as the company's CEO and as a member of the company's board of directors, effective January 1, 2017. In order to ensure a smooth ...
Tags: Dean Foods, Ralph Scozzafava, CEO
US-based food company Hormel Foods has entered into an agreement to sell Diamond Crystal Brands (DCB) to a partner of private equity firm Peak Rock Capital for an undisclosed sum. DCB, which was founded in 1980, manufactures and ...
Singapore-based food and beverage company Food Empire Holdings has entered into a joint venture agreement with Sweet Blossom Holdings with an initial investment of $13.6m. Together, the companies have set up a joint venture company ...
Tags: Food Empire, Sweet Blossom, Investment, HVPL
European bottler of soft drinks and fruit juices, Refresco Gerber has signed an agreement to acquire the bottling facility in Hamburg, Germany from food and beverage company PepsiCo in a bid to strengthen its co-bottling activities. The ...
Tags: Refresco Gerber, soft drinks, fruit juices
Singapore food and beverage company Fraser and Neave has expressed interest in acquiring South Africa's SABMiller's Peroni and Grolsch beer brands in Europe. The expression of interest is occurring whilst beverage giant Anheuser-Busch ...
Food and beverage company PepsiCo is launching a new range of gluten-free oatmeal in its Quaker Oats product line across the US. The new Quaker Gluten Free Oatmeal will be introduced in three variants namely Quaker Quick 1-Minute Standard ...
Tags: PepsiCo, gluten-free oatmeal
US-based food and beverage company PepsiCo is opening its first Quaker Oats factory in China with an investment of CHF200m ($31.25m), in order to expand its nutritional offerings in the Asian country, as carbonated drinks business continues ...
Tags: Quaker Oats, PepsiCo
Agthia Group has signed an agreement to fully acquire Al Bayan Group of Companies, a leading bulk water player in the UAE. Financial details of the transaction have not been disclosed. The transaction is expected to close this month ...
Tags: Agthia, Al Bayan, bottled water