WhiteWave Foods has big plans for Earthbound Farm, and it should be no surprise given that WhiteWave invested $600 million to acquire the organic produce processor.
Brian Cornell, chief executive officer of PepsiCo Americas Foods, said Quaker has been like many companies that have been caught in some of the headwinds prevailing in traditional center-of-store categories.
Kellogg Company today announced that its Board of Directors approved a share repurchase authorization of up to $1.5 billion, which expires on January 2, 2016, the end of the company's 2015 fiscal year.
Hormel Foods Corp. hopes to reheat sales for its Compleats line of shelf-stable microwave meals, which dragged down an otherwise strong quarter for the company.
Restructuring costs related to its spin-off were lower than expected for Kraft Foods Group, Inc. as the Northfield-based company reported net earnings growth of 65% in the fiscal year ended Dec. 28, 2013.
Announcing its second overseas investment in six months, United Biscuits (“UB”) is expanding its business in Nigeria with the purchase of a stake in A & P Foods, one of the leading biscuit manufacturers in the country.
Canada Bread Company said on Wednesday Mexico's Grupo Bimbo will acquire it in an all-cash deal worth C$1.83 billion ($1.66 billion), allowing its parent Maple Leaf Foods to focus on its meat products business.
ConAgra Foods Inc cut its full-year profit forecast for the second time, blaming weak sales in its private-label business and a steeper-than-expected fall in sales of its own brands such as Chef Boyardee pastas.
Flowers Foods, Inc., the second-largest producer and marketer of fresh packaged bakery foods in the United States, today reported results for the fourth quarter and fiscal year ended December 28, 2013.
Mondelēz International plans to support priority cookie and cracker brands and product platforms through an investment of more than $130 million in new biscuit manufacturing technology and capabilities in its U.S. network
Bunge North America, the North American operating arm of Bunge Ltd., has purchased the assets of Corn Flour Producers, L.L.C. Financial terms of the acquisition were not disclosed.
