Kids advertising legislation may force Kraft to sell Post
Kraft may be selling the US based cereals business for as much as
$3bn (€2.2bn), because of pressure from new legislation in regards
to advertising to children, according to a report by the Wall
Kraft profit margins down due to higher input costs
Kraft's profit margins will continue to decline in the second half
of the year due to increases in input costs, the company said
Kraft to buy Danone biscuits
Kraft Foods today offered €5.3bn for Danone's
biscuit and cereals divisions, which generate about €2bn in sales
Investor Peltz takes stake in Kraft
US activist investor Nelson Peltz has bought a 3 per cent stake in
Kraft Foods, giving him some control over the food company's
Kraft plans roadmap for success
US snack giant Kraft has announced new initiatives which, it
claims, will enable the company to hit long-term targets and
reverse its recent revenue downturn.
Kraft biscuit buy goes ahead
US Food giant Kraft has completed its acquisition of United
Biscuits' Iberian biscuit sector in a $1.07bn (€836m) deal that
will increase its already-strong presence in Europe.
Steady results for Kraft
Global snack heavy weight Kraft Foods has reported steady results
but figures show the impact of a year of change for the US based
Confirmed: Kraft buys Spanish UB unit
Leading food manufacturer Kraft has paid £575m (€829.6m) for United
Biscuit's southern European snack business. The deal was signed off
over the weekend, said British daily The Financial Times.
Kraft prepares for UB bid
American manufacturer Kraft will make a bid for United Biscuit's
southern European division, while Premier Foods and a Dutch equity
firm negotiate for stakes in UB's northern European operations.
Kraft customers to invent new products
US food firm Kraft has launched a customer-led research and
development programme, in a bid to re-engage with consumers and tap
growing health and wellness trends.
Kraft and Premier Foods eye United Biscuits
US food giant Kraft is partnering with Britain's Premier Foods to
launch a bid for United Biscuits, according to industry insiders.
Kraft's tax rebate strengthens finances
Kraft Foods has recorded stable first quarter results, masking
falling operating income with a favourable tax settlement and
raising prices to combat spiralling production costs.
Kraft to target health, convenience and premium trends
US manufacturer Kraft Foods has announced a "fewer, bigger, better"
policy, concentrating on crucial brands in key areas as the firm
suffers from lagging performance.
Kraft cuts 8,000 jobs to offset spiralling costs
US manufacturer Kraft Foods has announced a massive extension to
its three-year restructuring plan that will see a further 8,000
jobs and 20 production plants go, as the company absorbs rising
energy and ingredient costs.
Kraft to scrap GM ingredients in China
Kraft Foods, the US snack and dairy firm, has agreed to remove all
genetically modified ingredients from its products in China, in a
sign anti-GM attitudes are on the increase.