Alpen, a porridge brand owned by UK-based cereal manufacturer Weetabix, has unveiled new varieties, Maple and Pecan porridge pot and Golden Syrup, Almond and Hazelnut sachet.
China's Bright Food (Group) Co Ltd said on Tuesday it was holding talks with Tnuva, Israel's biggest food manufacturer and distributor, about a possible acquisition.
Australian food manufacturer Freedom Foods has announced an Operating EBDITA of $11.6 million for the 2013 financial year, an increase of 113 per cent on the previous year.
Indonesia's Indofood, one of the world's biggest instant noodle makers, has launched a takeover offer for China Minzhong that values the food producer at S$734 million ($575 million).
Net income of Krispy Kreme Doughnuts, Inc. in the three months ended Aug. 4 was $4,717,000, equal to 7c per share on the common stock, down from $4,929,000, or 7c per share, in the second quarter last year.
Danone said it expects to meet group sales targets in the third quarter as well as growth and margin forecasts for 2013 despite a product recall in Asia having a "significant impact" on baby nutrition sales.
Fiscal 2013 was a “successful and transformational year” for ConAgra Foods, Inc., as the Omaha-based company grew through both acquisition and strong performance in its core businesses.
Judge Robert D. Drain of the U.S. Bankruptcy Court Southern District of New York on Aug. 21 approved the sale of the remaining assets of Hostess Brands, Inc. (Old HB, Inc.) to Hackman Capital Acquisition Company, L.L.C. for $62.5 million.
