Shortly after releasing its 2019 fiscal year earnings, the soup and snack company said it would sell UK-based Kettle Foods and Netherlands-based Yellow Chips to a private equity firm.
Soft pretzels elicit a characteristic aroma that is markedly different from other baked goods, but scientific data on this is scarce, prompting researchers to pinpoint the odorants responsible.
Pretzels Inc. has hired two R&D leads and one board member with plenty of pretzel experience as it continues a 120k-square-foot expansion of its manufacturing facility in Plymouth, Indiana.
US pork rind snack producer Evans Food Group has been acquired by Highlander Partners through its newly-formed food platform Benestar Brands, which is to be headed by Carl E. Lee, former CEO of Snyder’s-Lance.
The Snyder’s-Lance brand has teamed up with the youth baseball organization for the past seven years. This year, it will add an onsite campaign during the championship series in August.
Campell Snacks is flexing its muscles with fresh advertising for key brands – Cape Cod, Kettle Chips, Snyder’s of Hanover and Goldfish – a year after acquiring Snyder’s Lance for an estimated $1.6bn.
Italian news daily Il Sole 24 Ore broke the news that the Nutella maker is in talks with Campbell Soup Company to buy Campbell’s international business, which includes Arnott’s biscuits and Danish butter cookie maker Kelsen.
A 77% rise in sales across Campbell’s Global Biscuits and Snacks unit lead to the embattled company posting a 25% increase in revenue for its first-quarter.
Only a handful of women lead with world’s largest companies. Fortune 500 lists 20 in the position of CEO – actually, now 18 following the departure of PepsiCo’s Indra Nooyi and Campbell Soup’s Denise Morrison – down from 32 in 2017.
FMCG giants join global pledge to fight plastic pollution; Campbell in fight to avoid split; Mondelēz set to up prices of biscuits in the US; and Grupo Bimbo’s CEO wins CSR award.
More than a quarter of the workers at the Cape Cod Potato Chips facility in Hyannis, Massachusetts, have been laid off following a decision to upgrade old equipment at the site.
Kraft Heinz has allegedly expressed an interest in acquiring Campbell Soup, but analysts believe the Goldfish crackers maker will retain some of its fast-growing businesses, including its recently acquired Snyder’s-Lance.
