Kraft Foods has acquired the remaining 50% stake not already owned in Biscuiterie Industrielle du Moghreb (BIMO), a leading biscuits manufacturer in Morocco.
Snyder’s-Lance has gained a sturdy innovation platform and access to new retail entry points following the purchase of Snack Factory, its CEO said.
US snack firm Snyder’s-Lance has acquired pretzel crisp specialist Snack Factory for a tasty $340m.
Several Israeli bakery chains have been issued with charges by the anti-trust authorities over accusations of collaborative involvement in the price fixing of bread products and anti-competition activities.
Private equity firm Wind Point Partners has agreed to acquire Ohio-based Shearer’s Foods for an undisclosed sum – and has partnered with former Sara Lee CEO C.J. Fraleigh, who will...
Kraft Foods has agreed to divest a controlling stake in its Back to Nature brand food business for an undisclosed sum ahead of the company’s split in October.
Going local and cost savings have driven ingredients marketer and distributor Connell Brothers to open a new food application facility in Australia.
United Biscuits has issued a “teaser” letter to six firms including Chinese food business Wahaha and Kellogg as it looks to offload its recently spun-off KP Snacks business for £520m,...
US packaged bakery firm Flowers Foods has reported a 6% sales rise in its second quarter (Q2) results driven by last year’s Tasty Baking acquisition.
Raisio’s healthy snacks Brands division pulled in €85.6m for the second quarter (Q2) with the UK its biggest market with most opportunity.
Australian food firm Goodman Fielder has denied rumours that a full buy-out by Asian palm oil giant Wilmar International is on the cards as it records big losses in 2012
UK confectionery and snack maker Zetar has announced a licensing agreement with Unilever to make Marmite branded nuts.
US cereal firm Post Holdings has reported a 5% fall in profits in its third quarter (Q3) results and fears ingredients cost inflation in 2013.
Cargill has reported an 82% slump in profit for the fourth quarter and a 56% drop for the fiscal year, citing cyclical trends in soybean processing and American beef, as...
North American private label firm Ralcorp has announced plans to merge three of its four business units after it suffered a 9% fall in third quarter (Q3) results.
CSM clawed back some pre-tax profit losses from higher raw material costs and falling demand in its second financial quarter, but pre-tax profits remain down for the half year (H1).
Kraft Foods is in too delicate a position to bid for United Biscuits (UB) says an analyst after UB dropped its first sales hint yesterday.
Staff at bakery giant Warburtons have voted overwhelmingly for a ballot on strike action, in a dispute over a pay offer.
United Biscuits (UB) has for the first time hinted that the company will be sold as it separates its snacks business as KP Snacks and Kraft UK president Nick Bunker...
Kraft Foods reported a 5.4% rise in second quarter net profit, more than offsetting higher raw material costs and adverse effects of currency exchange rates, the company said on Thursday.
Diversified private-brand specialist Ralcorp Holdings has announced it will consolidate its cereal, pasta, snacks and sauces businesses at a price of $17m-$22m in a bid to improve efficiency, slash costs...
As Kellogg posted its Q2 results, the spotlight was on its snacks dedication with key brands soaring as cereal sales dipped slightly.
While on-going droughts across North America will undoubtedly fuel food inflation, action will be taken to manage cost spikes, Maple Leaf CEO says.
Archer Daniells Midland (ADM) saw its net profit fall 25% in the fourth quarter, as corn costs, particularly for ethanol, weighed on the agribusiness giant’s margins.
More than 200 jobs have been saved at UK based Peters Bakery after the firm was bought by Coopland & Son.