Grupo Herdez to acquire Nestle’s ice cream business in Mexico 12.22.2014 By Keith Nunes Brands to be included in the sale are Nestle, Mega, PelaPop and eXtreme.Read More
Clemens Food Group to build pork plant 12.22.2014 By Keith Nunes Total investment estimated at $255.7 million.Read More
Cargill planning ‘mass layoff’ in Memphis 12.19.2014 By Eric Schroeder Workforce reductions are expected to occur between February and June 2015.Read More
Thai Union Frozen Foods to acquire Bumble Bee Seafoods 12.19.2014 By Keith Nunes Transaction valued at $1.51 billion.Read More
ConAgra Private Brands: ‘It’s fixable’ 12.19.2014 By Keith Nunes Gary Rodkin outlines four steps the company is taking to return the former Ralcorp business to profitability.Read More
Dunkin’ Brands lowers expectations for 2015 12.18.2014 By Jeff Gelski Comparable store sales growth, revenue growth and adjusted operating income growth all may come in lower than long-term targets.Read More
ConAgra foresees another tough year for private brands 12.18.2014 By Josh Sosland ConAgra Foods says private brand business will not rebound until 2016.Read More
Grupo Bimbo to acquire Saputo Bakery 12.18.2014 By Eric Schroeder Company to pay $103 million for the maker of snack cakes, other baked goods.Read More
John Cahill to lead Kraft Foods 12.18.2014 By Keith Nunes Mr. Cahill is replacing Tony Vernon, who is retiring.Read More
Gluten-free, organic driving growth for General Mills 12.17.2014 By Monica Watrous Company focused on improving performance in cereal, yogurt and snacks.Read More