The Minneapolis-based food giant has announced a series of changes to its management team, including the retirement of CFO Don Mulligan - a 20-year company veteran - and the promotion of its US cereal lead to the European and Austalian division.
Pretzels Inc. has hired two R&D leads and one board member with plenty of pretzel experience as it continues a 120k-square-foot expansion of its manufacturing facility in Plymouth, Indiana.
The Georgia-based bakery has shuffled its leadership board following the departure of longtime CEO Allen Shiver.
The Cheerios and Annie’s maker has announced it will be promoting COO Jeffrey Harmening to CEO, effective from June 1.
Slim Jim owner ConAgra Foods has sold its JM Swank and Spicetec Flavors & Seasonings businesses.
B&G Foods is to move production of Mama Mary’s pizza crusts – acquired by the business a year ago for $50m – to one of its own sites.
Monsanto and Remington Holding have formed a joint venture to develop and market sorghum.
Sweets & Snacks Expo 2016
US manufacturer Vintage Italia is launching a new range of bow tie-shaped pasta chips this summer.
PepsiCo, ADM, Mondelez and DuPont have some of the highest-paid female CEOs in the world, according to a joint study by executive compensation data firm Equilar and The Associated Press.
WestRock Company will be the name for a new company when the combination of MeadWestvaco (MWV) and RockTenn is completed later this year.
Cargill plant in Ukraine ‘occupied’ by armed individuals
Cargill has said its sunflower-seed processing plant in eastern Ukraine has been seized by ‘armed individuals’ amid escalating violence in the region.
PepsiCo has appointed a new chief executive officer for the Asia, Middle East and Africa (AMEA) region as it aims to bolster penetration in the region.
Smurfit Kappa Group (SKG) has published its vision on sustainability establishing additional objectives for the business up to 2020.
People on the move
Fazer CEO Karsten Slotte plans to leave the Finnish company, while former Hershey executive Andrew Jacobs joins premium confectioner Wolfgang Candy.
Scholle Packaging has acquired controlling interest in Flexpack and WS Packaging has bought Label World from Kamylon Capital to kick off 2013 with a bang.
Graphic Packaging has announced its second deal in the space of a couple of weeks as it looks to build on its European packaging business.
Graphic Packaging has agreed to acquire the European Food Carton Business of Contego for £71m to expand into new end markets.
BASF and Purac, a subsidiary of CSM, have created a joint venture (JV) to produce succinic acid for packaging that will be operational next year.
Consolidated Container Company (CCC) has acquired the assets of plastic container manufacturer Roffe Container.
Pregis Corporation has acquired Inter-Pac for an undisclosed sum and claimed the deal will make them the largest producer of polyethylene sheet in the US.
IDEX buys Matcon to tap into Asian marketplace
IDEX Corporation has acquired Matcon Group with the aim of increasing their global customer base in one of their fastest growing segments.
Rock-Tenn has closed its acquisition of Mid South Packaging for an undisclosed amount adding it will strengthen the firm’s market reach.
Barilla appoints Unilever veteran as new CEO
Italian food group Barilla has appointed Claudio Colzani as its new Chief Executive Officer (CEO) effective from October.
WS Packaging Group has acquired label converting company Consolidated Products for an undisclosed amount.
Kraft Foods head Irene Rosenfeld was paid $22m in 2011, according to figures in a recent filling to the US Securities and Exchange Commission.
MeadWestvaco makes good on expansion pledge with closure acquisition
MeadWestvaco (MWV) said its takeover of closure specialists Polytop Corp fits in with its strategy to expand its end-market operations in food and personal care markets around the world.
Reynolds completes Pactiv takeover for US$4.6bn
Reynolds Group has completed its acquisition of Pactiv Corp for US4$4.6bn and immediately installed a new CEO to run is food packaging operations.
Ball increases ownership in Brazilian joint venture
Ball Corporation has bought a further 10.1 per cent stake in its Brazilian beverage packaging joint venture.
Tray-Pak acquisition points the way to growth
Tray-Pak, the US-based custom thermoformed plastic packaging manufacturer has been acquired by TPC Partners.
News briefs: Warburtons, General Mills and a spooky idea
Warburtons opens a new factory in Wales, General Mills gets a new
CEO, and letting the snack out of the can for Halloween.
Ampac acquires retort pouch packager
Ampac Packaging has acquired international retort pouch converter,
Germany-based Floeter Flexible Packaging.
New ingredient takes the stick out of gum
A UK company claims to have developed a polymer that can remove the
stickiness of chewing gum, while still maintaining its taste.
Mvi claims lead in performance management software segment
Mvi technology is claiming success as the top provider of real-time
performance management (RPM) software to the food and beverage
Graham Packaging blames net losses on one-off costs
Six months after its acquisition of Owens-Illinois' plastics unit,
Graham Packaging has reported a net loss of $11.5 million (€ 9.1
million) for the first quarter of this year, even though net sales
increased by 138 per cent...
Wheat experts push biotech need
Biotechnology is the key to the future of a competitive wheat
industry, said experts at a conference this weekend, according to a
report by Reuters.
Epoch Biosciences has entered into a partnership with BioControl
Systems. Under the license and supply agreement, BioControl
receives a license to specific probe sequences from Epoch for use
the field of food safety testing.
Astaris consolidates phosphate operations
Phosphate technology company Astaris, hit by a weaker economy and
rising competition, yesterday unveiled a restructuring plan
designed to cut costs and boost revenue for North American
operations. The move sees facilities closing...
Danaher seals Willett buy
Danaher Corporation has completed the previously announced
acquisition of Willett International for approximately $110 million
Stora Enso focuses on China
Stora Enso, one of the world's leading forest industry companies,
will move its Asia-Pacific headquarters from Singapore to China's
economic centre, Shanghai, the company's chief executive officer
Ball to acquire Schmalbach-Lubeca
Ball Corporation has agreed to acquire Schmalbach-Lubeca, the
second largest beverage can manufacturer in Europe. Combined, the
two companies produce more than 45 billion beverage cans annually
in North America and Europe.
Alcan, the Canada-based aluminium packaging provider, has said that
it is disappointed with the S&P decision to downgrade its
rating on the S&P 500 Index.
Mail-Well sells label division
US-based envelope maker Mail-Well has sold its adhesive label
business to a US-based business syndicate.
Pactiv to buy Winkler Forming
Pactiv Corporation has announced an agreement to purchase Winkler
Forming, a leading thermoformer of amorphous polyethylene
terephthalate (APET) used in food packaging, for $72.5 million,
(€78.5mn) or approximately 7 times EBITDA.
Weak advertising market hits Schawk
Provider of high-resolution digital imaging services to food and
beverage packing industry sees sales fall as ad agency business