The civil decision wraps four years of litigation, after the US Commodity Futures Trading Commission (CFTC) charged the two CPG companies with noncompetitive trading and inflating wheat futures.
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.
This week’s roundup of delectable goodies ranges from healthy oat and granola options with added functionalities, new breakfast formats, a nod to spring that allows consumers to express their ‘peepsonalities’ and an edible salute to the new emperor of...
Kraft Heinz’s platform to foster the next generation of F&B players has announced its second class of participants it believes will shape the future of food.
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...
According to Snac International, Americans purchase more than 80 million pounds of savory snacks in the week leading up to Super Bowl Sunday, which would need more than 1,000 18-wheel trucks to transport. Likewise, it’s a show winner for big food to punt...
PepsiCo, Kraft Heinz, Pret a Manger and Cargill are among the raft of global companies that Clearly is calling on to provide eye tests for their employees in the developing world.
Mondelēz has built its latest technical center in Asia in Thane, India, to develop new snack products and improve consumer science, packaging and productivity.
The Oreo maker will launch an innovation hub ‘SnackFutures’ next month that will invest in snack startups through partnering with early-stage entrepreneurs.
Mondelēz’s Enjoy Life Foods has obtained FODMAP Friendly certification for 19 of its products to capitalize on the growing dietary trend is expected take off in the US.
Mondelēz’s CEO Dirk Van de Put has outlined his long-term strategic plans to drive the company’s top-line growth, including a new tagline ‘Snacking Made Right,’ which reflects its consumer-centric priority.
