Seabrook Crisps could “investigate areas for potential investment” to speed up growth after appointing independent corporate finance advisor McQueen, according to ceo Jonathan Bye.
Jon Sebastiani: 'It was always going to be a bittersweet moment'
The day when any entrepreneur decides to sell his business is “always bittersweet” KRAVE jerky founder Jon Sebastiani tells FoodNavigator-USA. But joining a company with the horsepower of Hershey will enable it to lead, rather than follow, the renaissance...
Post Holdings CEO Rob Vitale said today that his firm’s $1.15bn move to buy smaller ready-to-eat cereal rival MOM Brands for $1.15bn was the “right move, at the right price, in the right category".
Frito-Lay’s upcoming sweet cinnamon snack Cheetos Sweetos will help the company latch on to a younger consumer base interested in sweet snacking, says Euromonitor International.
Zeelandia and Fine Organics have set up a joint-venture for India and its neighbouring markets under the name Fine Zeelandia to sell mostly locally produced baking ingredients.
Signature Flatbreads aims to create at least 200 jobs and target £100M in turnover within the next three years, joint md William Eid claimed after the company’s launch.
Frito-Lay’s 2014 TV ads for Lay’s in the US were the most effective across the snack and confectionery category, staving off competition from Hershey and Mars, according to analysis firm Ace Metrix.
Peeled Snacks: If you don’t take time to understand retail buyers, why should they take time to understand you?
Which retail channel is right for your brand? Natural? Club? Convenience? And once you’ve jumped through all the buyers’ hoops, will you still be able to make any money? It all depends on whether you’ve done your homework, one snacking sales expert told...
Aryzta has pledged to shake up the ethnic baking category, creating UK business Signature Flatbreads with the help of the former bosses of Aryzta subsidiary Honeytop Speciality Foods.
General Mills will continue its cost-saving program across the US and Canada with further plant closures, announcing the shutdown of two Pillsbury production sites.
Kellogg has secured a gateway to introduce its own brands in the promising MEA region by acquiring a controlling stake in Egyptian biscuit maker BiscoMisr, says an analyst.
Consumers increasingly are turning away from cereal for breakfast in favor of nutrition-dense, on-the-go foods, creating a growth opportunity for consumer packaged foods companies that can offer fast solutions to the first meal of the day.
General Mills has reported a significant slump in profits for its second quarter, pulled down by a tough environment in North America, particularly across breakfast cereals.
The UK Competition and Markets Authority (CMA) has ruled that Pork Farms’ acquisition of Kerry Foods’ chilled savoury pastry (CSP) business may substantially lessen competition in the sector.
PepsiCo has cut about 100 employees from its Chicago, Illinois office, home to the company’s North America Nutrition division, which handles the Gatorade, Quaker, and Tropicana brand lines.
A healthy quinoa bar concept developed by a team of final year culinary arts management students has picked up the award in the ‘culinary product development challenge’, run by the Automatic Vending Association (AVA) in partnership with the University...
Functional food specialist Dr Zak’s has developed a high-protein bagel and has flatbreads in development as it looks to stretch its offering in a niche market, its managing director says.
General Mills has brought back French Toast Crunch cereal to US shelves but has reformulated the product to align with “current nutritional goals”, it says.
Graze underestimated the level of localization needed with snacks for the US market but will evolve its portfolio rapidly in the coming months, its CEO says.
Mediterra Nutrition’s recently launched savory bars seek to tap into one of the increasingly rare white spaces remaining in the crowded nutritional bar category, which is laden with sweets.
Heinz has opened a major production plant in southern China for its infant cereal and snacks business, keeping a paramount focus on safety and quality.
Most water used by General Mills happens outside direct operations in agriculture and improvements must be made in at-risk watershed areas, says the company’s chief sustainability officer.
Gluten-free microwaveable muffins plug a market gap where major food firms are slow to innovate, claims a start-up looking to upscale its muffin pot concept.
Bakery and milling business Hovis has won the coveted Training Programme trophy in the industry’s Oscars – the Food Manufacturing Excellence Awards (FMEAs).
High-protein cookies will continue to soar in the mass market, says the president of Lenny & Larry’s as the company plans more US roll-outs in mass stores.
KP Snacks’s Consett factory will close in the first quarter of next year, threatening more than 100 jobs, the company has confirmed, with the closure of its Corby plant also likely.
The nutrition bar category is becoming saturated, but there are still untapped pockets of opportunity, says Ohio-based Good Greens, which claims to blow rivals out of the water when it comes to packing a nutritional punch.
BEMA (Baking Equipment Manufacturers and Allieds) brought together its exhibiting members at the inaugural Gulfood Manufacturing 2014 at the Conrad Hotel, Dubai, recently.
Cereal Partners Worldwide (CPW) has developed Nestlé gluten-free cornflakes for select European countries to capture increasing interest from non-celiac dieters.
‘Nestlé is the least biggest risk taker because it is a Swiss organization. It is very controlled and calculated in what it does, but it had the faith to enter markets where no-one else wanted to go and stood the test of time’, according to Dharnesh Gordhon,...
Mondelēz International third-quarter earnings fell 11% compared to last year due to disputes with French retailers over wholesale pricing changes and 'soft' developed market demand.
Yildiz Holding's acquisition of UK United Biscuits makes it the world's third largest biscuit player, but now it will have to work hard to find its 'power brand' answer to Mondelēz's Oreos, according to a Mintel analyst.
Protein fortification continues to be a hot topic, with high protein forms of shakes and other beverages, nutrition bars, cereals and other foods crowding the market. Now startup company Rap Protein LLC has expanded the idea into a new area with the...
