News & Analysis on the Bakery and Snacks Industries
Leading US analysts believe that major shareholders are pushing for a PepsiCo split that could happen sooner rather than later, and said the firm could spin-out or sell its Americas Beverages or American snacks businesses.
The US department of Labor’s Occupational Safety and Health Administration (OSHA) has fined Kerry Ingredients & Flavours $50,000 for three repeat safety violations at a plant in the US.
Bühler’s takeover of Leybold Optics has been cleared without any restrictions by the relevant anti-trust authorities.
The plans by Dutch-owned bakery ingredients group CSM to sell parts of its European and American bakery supplies business puts far more jobs at risk than the 400 previously reported, a union official has told FoodManufacture.co.uk.
Researchers at the University of Wisconsin claim to have developed a new oat variety that is richer in beta glucan, a compound that has been linked to heart health.
General Mills sees great potential for its snacks and cereals segments outside North America as population growth in emerging markets looks set to soar.
US-based Del Monte Foods will close a food processing plant due to “consumer sentiment and macroeconomic factors.”