Mondelēz and Kraft Heinz have been handed a win – ‘in part’ – in their battle with the US Commodity Futures Trading Commission (CFTC) over a $16m fine they had agreed to pay in August last year to settle a wheat manipulation case dating back to 2015.
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.
As kids head back to the classroom, we scoured the snack-o-sphere for a sneak peek into what they’ll be enjoying in the cafeteria. From raisins to fruit cups, green cereal to customizable bags of chips, this school year has lots to offer in the way of...
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.
