Enjoy Life Foods has evolved from a better-for-you snack producer to an allergy-friendly icon with double-digital annual sales growth over the past two decades, but the company said the secret to its long-term success is not to follow market data and...
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.
Harrison Hart, son of New Zealand billionaire Graeme Hart, is putting together a ‘food manufacturing powerhouse’ with the acquisitions of cereal manufacturer Hubbard Foods, Hansell Food Group and the Gregg’s sauce unit.
The Betty Crocker maker reported a better-than-expected fourth-quarter profit, but also announced it was axing 625 jobs to reduce costs amid slowing sales of its bakery and yogurt products.
Conagra has agreed to acquire Pinnacle Foods in a $10.9bn cash-and-stock deal, which could create a ‘new giant in the food industry,’ analysts have said.
Northern Ireland-headquartered Tayto Group has continued its acquisition spree with the purchase of UK based The Real Pork Crackling Company for an undisclosed sum.
Anmol Industries - a branded packaged food company focussing on biscuits and cakes - has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
Popcorn company Savoury & Sweet – acquired by Burts Chips in January – has reported a healthy pre-tax profit for its latest financial year, up from a £6.4m ($8.5m) loss in 2016.
The Little Kernel, known for its small, less-likely-to-stuck-in-teeth popcorn, has doubled its revenue since it started two years ago, but its founders said the real growth, which could make the brand multi-million dollar business, has just started.
NuGo Nutrition is not intimidated by competition as its CEO David Levine just announced a new line of protein bars as ‘an alternative to Kellogg’s RXBar.’
Orkla Confectionery & Snacks Latvija is boosting its cookie production with a new plant in Latvia, which will be the biggest of its kind in the Baltics and Scandinavia.
Mondelēz plans to invest in Central and Eastern Europe by acquiring local brands in high-growth categories as these regions are showing a healthy growth trajectory, especially in the snacking space.
Bimbo Bakeries USA said its latest organic bread line, launched under its Arnold, Brownberry and Oroweat brands, resonates with the rising organic trend.
