Food manufacturer TreeHouse Foods Inc is weighing a bid for Michael Foods Group Inc, joining a list of suitors that includes much larger rival Tyson Foods Inc , people familiar with the matter said on Wednesday.
Spain's Ebro Foods, one of the world's leading rice and pasta manufacturers, say that consolidated net profit for the 2013 fiscal year dropped 16% to €132.7 million.
H.J Heinz Co. has announced it will compensate 43 tomato growers that supplied its Leamington plant following last year's announcement of the plant's closure.
British-Dutch multinational company Unilever has agreed to divest its Royal pasta brand in the Philippines to RFM, a food and beverage firm, for $47.8m.
Indo Nissin Foods, a wholly-owned subsidiary of Japanese food and instant noodles manufacturer Nissin Foods, has opened a new noodle facility in the state of Odisha.
Philadelphia Macaroni Co. has agreed to acquire the Harrisburg, Pa., pasta plant owned by Unilever. The transaction is expected to close before the end of March.
Nestle India has decided to raise prices of some of its products, including its instant noodles brand Maggi, condensed milk product Milkmaid, as well as its dairy whitener brand EveryDay.
Post Foods, a US-based cereal brands manufacturer, has bought Dakota Growers Pasta from Viterra, a wholly-owned subsidiary of Glencore Xstrata, for $370m in cash.
Latest checks on instant noodle products available on the Chinese market found that their heavy metals did not surpass allowed levels, China's food safety watchdog said on Wednesday.
