Kraft Foods

Carlos Abrams-Rivera. Pic: Kraft Heinz

Campbell Snacks chief returns to his roots

By Gill Hyslop

Carlos Abrams-Rivera is rejoining the FMCG giant that launched his career in the F&B arena more than two decades ago, this time as the new president for Kraft Heinz’ US division.

Arnott's has finally found a purchaser. Pic: AFR

Global buyout bigwig wins bidding war for Arnott's

By Gill Hyslop

Campbell Soup has agreed to sell Australia’s biggest biscuits company to voracious US private equity firm Kohlberg Kravis Roberts (KKR) - which purchased RJR Nabisco in 1988 - finally ending an auction process that lasted almost a year.

Kraft Heinz has posted disappointing results. Pic: Kraft

Kraft Heinz shaken to the core with a trifecta of financial blows

By Kristine Sherred

Shares in the heavily indebted company have plunged following the revelation of a trifecta of issues, including a $15.4bn write-down, a Securities & Exchange Commission (SEC) probe into its accounting practices and a tepid 2019 outlook that means...

Pic: Mondelēz

Mondelēz opens technical center in India

By Douglas Yu

Mondelēz has built its latest technical center in Asia in Thane, India, to develop new snack products and improve consumer science, packaging and productivity.

Heinz has been ordered to pay $1.65m in penalties for misleading claims that its Little Kids Shredz products were beneficial to the health of kids depite comprising 60% sugar. Pic: ©GettyImages/Taborsk

Heinz fined $1.65m over misleading health claim

By Gill Hyslop

The Federal Court of Australia has ordered H.J. Heinz Company Australia Ltd (Heinz) to pay an AU$2.25m (US$1.65m) penalty for misleading health claim that its Little Kids Shredz products were beneficial to the health of young children.

iStock©

Unilever ranked at more than twice the value of KraftHeinz

By Louis Gore-Langton

Nestlé is the most valuable company in the world in terms of its corporate value and collective brand value while Unilever's total brand portfolio is over double that of KraftHeinz, according to a report.