News & Analysis on the Bakery and Snacks Industries
US company Ivex Packaging Corporation has reported that its sales for the first quarter of this year have fallen from $159.5 million (€176.5 million) to $140.2 million. However, net income for the quarter increased to $5.8 million, or $0.28 per share,...
Consumers Packaging, formerly Canada's largest manufacturer of glass containers, has filed an assignment in bankruptcy. KPMG of Toronto has been appointed as trustee.
US-based consumer goods giant P&G delivered double-digit volume and core earnings per share growth for the January-March quarter, ended 31 March, exceeding analysts' estimates. However, earnings in the food and beverage segment, one of its core...
Sadia, Brazil's largest meat-processing company, has announced plans to close its distribution centre in Argentina as a result of that country's economic crisis.
TrenStar has announced that it has concluded an agreement with Scottish Courage Limited, part of Scottish & Newcastle plc and one of the largest brewers in Europe, to acquire the beer keg fleet of Scottish Courage (some 1.9 million units) and to...