Carlos Abrams-Rivera is rejoining the FMCG giant that launched his career in the F&B arena more than two decades ago, this time as the new president for Kraft Heinz’ US division.
Private equity firm Butterfly has acquired a majority stake in Orgain to expand the nutrition specialist’s portfolio further into convenience snacking.
The snack market is being defined by the tastes of Gen Zs, who are cutting back on fashion to channel pocket money towards eating on-the-go and snacks like Lay’s, Doritos and Cheeto’s.
Campbell Soup could take share from Kellogg in the US convenience channel after acquiring Snyder’s-Lance, as the cereal giant is abandoning the direct store delivery (DSD) model for its entire snacks division, said Euromonitor analyst Jared Koerten.
Recent acquisitions in the natural space—Bolthouse Farms and Plum Organic—were among the bright spots in a disappointing quarterly earnings report for Campbell Soup Company. The development points to changing sales patterns within the United States overall.
Food and beverage giants like Campbell Soup, Coca-Cola, Danone and Nestle rank in the 2014 list of Global 100 Most Sustainable Corporations in the World.
A month after announcing a deal to buy baby food firm Plum Organics, Campbell Soup has unveiled plans to acquire Kelsen Group A/S, a Danish producer of baked snacks that has developed a significant presence in China.
Food manufacturer Campbell Soup has installed global product
lifecycle management (PLM) software to achieve cost savings in an
operation that generates annual revenues of $5 billion.
