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Kellogg to Acquire Rxbar Protein Bar Maker for $600m

Oct 11, 2017

US-based cookie and cracker manufacturer Kellogg Company has agreed to acquire Chicago Bar Company, the maker of protein bar brand Rxbar for $600m. The addition of Rxbar, made from whole food ingredients, is expected to strengthen the ...

Tags: cookie, cracker

KP Snacks to Acquire Butterkist Popcorn Business From Tangerine

Jul 19, 2017

British snacking company KP Snacks agreed to buy Butterkist, the popcorn business of Tangerine Confectionery for an undisclosed price. The acquisition will also include the manufacturing facility of Butterkist located in Pontefract, West ...

Tags: KP Snacks, Popcorn

Turkmen Meat Producer Taze Ay Receives EBRD Funding to Expand Production

Oct 11, 2016

The European Bank for Reconstruction and Development (EBRD) has granted $ 560,000 loan to Turkmen meat producer Taze Ay, as part of its efforts to support the private small and medium-sized enterprises in the country. EBRD, along with the ...

Tags: EBRD, Taze Ay, grant

EBRD Offers $2.28m Loan to Berk to Start Salty Snacks Business in Turkmenistan

Sep 28, 2016

The European Bank for Reconstruction and Development (EBRD) has offered a loan of $2.28m to Berk group, a Turkmen brewing company, to foray into salty snacks business. The new salty business is expected to complement Berk’s beer ...

Tags: Berk, EBRD, loan, salty snacks business

Dang Foods Gets Funding From Sonoma Brands

Mar 13, 2016

Whole foods snacks manufacturer Dang Foods has received investment from Sonoma Brands, a food and beverage products incubator and venture fund. Under the terms of the deal, Sonoma Brands will take a minority stake in Dang Foods, while ...

Tags: Dang Foods, snacks

Mondelez Launches Belvita Breakfast Biscuits in China

Oct 20, 2015

Global snacking company Mondelez International has launched Belvita breakfast biscuits in China. With this launch, the company aims to meet the growing demand for breakfast biscuits in China. The company has already rolled out the Belvita ...

Tags: breakfast biscuits, biscuits

Campbell Soup Company Today Reported Its Fourth-Quarter and Full-Year Results for Fiscal

Sep 9, 2014

Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...

Tags: Agriculture, Food

The Third Manufacturing Facility of Pepsico South Africa Has Been Set up

Jun 11, 2014

Simba, a part of PepsiCo South Africa, has officially openend a state-of-the-art chip manufacturing facility in Prospecton, KwaZulu-Natal. The facility is Simba's third manufacturing facility in South Africa. The Prospecton plant will ...

Tags: Agriculture, Food

Unilever Is Looking at Options to Sell Its Ragu Pasta Sauce Brand for $2bn

Mar 5, 2014

British-Dutch multinational company Unilever is looking at options to sell its Ragu pasta sauce brand for $2bn. The company has appointed Morgan Stanley to manage the sale process, reported Bloomberg citing sources familiar with the ...

Tags: Unilever, Ragu Sauce Brand

Unilever Has Signed a Deal to Sell Meat Snacks Business to Beef Jerky Group Jack Link's

Feb 25, 2014

British-Dutch multinational company Unilever has signed a deal to sell its meat snacks business to US beef jerky group Jack Link’s. The sale includes Bifi and Peperami sausage brands as well as a manufacturing unit in Ansbach, ...

Tags: Unilever, Meat Snacks

Apax Partners Inkes a Deal to Acquire Europe Snacks Business From Ik Investment Partners

Nov 26, 2013

French private equity firm Apax Partners has inked a deal to acquire Europe Snacks business from IK Investment Partners for an undisclosed amount. Europe Snacks is a manufacturer of savory snacks the brands of its retailing clients, ...

Tags: savory snacks, potato chips

Wind Point Partners Is Looking at Options to Sell Hearthside Food Solutions

Oct 29, 2013

Wind Point Partners, a US-based private equity firm, is looking at options to sell its portfolio company Hearthside Food Solutions in a deal which reportedly could fetch more than $1bn. The private equity firm has appointed Barclays to ...

Tags: Wind Point, Food Solutions

Cadbury Established a New Chocolate Manufacturing Facility with an Investment of $163m

Aug 9, 2013

Cadbury India, a unit of US-based snacks company Mondelez International, plans to establish a new chocolate manufacturing facility in Andhra Pradesh, India, with an initial investment of more than INR10bn ($163m). The new plant will be ...

Tags: Cadbury, Chocolate Manufacturing Plant

Post Foods Acquired The Branded and Private Label Cereal

May 29, 2013

c, a US-based cereal brands manufacturer, has acquired the branded and private label cereal, granola and snacks business of Hearthside Food Solutions in an all-cash deal worth $158m. Hearthside Food Solutions is a portfolio company of the ...

Tags: Post Foods, Food Solutions

Post Holdings Reporte That Its Net Earnings for The Second Quarter of 2013 Decreased 51.4%

May 16, 2013

Post Holdings, the parent company of Post Foods and a manufacturer of ready-to-eat cereals, has reported that its net earnings for the second quarter of 2013 decreased 51.4% to $5.1m, compared with $10.5m for the same period in 2012. For ...

Tags: Attune Foods, Food

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