Manufacturers

Healthy food enzymes help Novozymes report 2012 growth

Healthy food enzymes help Novozymes report 2012 growth

By Nathan Gray

Increasing demand for industry to produce healthier foods helped Novozymes to a strong 2012 performance in its food and drink business, however the Danish enzyme specialist says growth was ‘below expectation’.

Mondelez GCC sales director John Stephenson (centre) meets JV partners Khaled S. Olayan (left) and Salah Algosaibi (right)

Mondelez eyes Saudi expansion with new JV

By Oliver Nieburg

Cadbury owner Mondelez International has entered a joint venture to expand distribution in Saudi Arabia, which it calls an “important and strategic market” in the region.

2012 has seen plenty of money change hands...

Biggest movements of 2012: Buyouts, JVs and those left up for sale…

By Kacey Culliney

This year has seen a flurry of activity in the bakery, snack and cereal market with big buys, joint ventures and companies left up for sale as we enter 2013. BakeryandSnacks.com takes a look back at some of the most prominent moves to shake up the sector…

Diamonds Foods saw market share losses for brands such as Kettle Chips

Diamond posts Q1 loss after walnut scandal

By Oliver Nieburg

Kettle Chips maker Diamond Foods has recorded a $10.7m loss in the first quarter of 2013 after incurring expenses for an investigation into improper payments to walnut growers.

Bear Naked Granola founder on building a brand

Bear Naked Granola founder on building a brand

By Hank Schultz

Many successful food brands have a founding myth.  In the case of Bear Naked Granola, it is the story of the co-founders offering “breakfast in bed” to the wrong person.

Intersnack snaps up KP Snacks for undisclosed sum

Intersnack snaps up KP Snacks for undisclosed sum

By Kacey Culliney

European Intersnack Group has snapped up United Biscuits’ KP Snacks for an undisclosed sum in a move that will enable the UK firm to 'dedicate focus' to its biscuits business, United Biscuits said.

NBTY acquires Balance Bar Company

NBTY acquires Balance Bar Company

By Hank Schultz

NBTY Inc. has announced the acquisition of Balance Bar Company from Brynwood Partners, its private equity owner. Details of the deal were not announced.

ConAgra to buy Ralcorp for $6.8 billion

Breaking news

ConAgra to buy Ralcorp for $6.8 billion

By Stephen DANIELLS

After multiple abortive attempts in 2011, ConAgra Foods has announced that it has reached a ‘definitive agreement’ to buy Ralcorp Holdings, the largest manufacturer of private label food in the US.