Mexican processed foods company Grupo Herdez has completed its offer to buy frozen yogurt and food supplement chain Nutrisa for 2.971 billion mexican pesos ($246.84 million), Herdez said on Thursday.
Anglo–Dutch consumer goods company Unilever has sold its former ice cream plant in Hagerstown, Maryland to a joint venture of New Mill Capital (NMC) and M Davis Group (MDG).
Interest in natural products has grown markedly in recent years. This has been reflected in a number of ways in new product activity, such as the use of all natural colors, flavors and other raw materials.
Net income of Mondelēz International Inc. for the three months ended March 31 was $574 million, equal to 32c per share on the common stock, down 30% from $819 million, or 46c per share, in the same quarter in 2012.
Alexia Howard, an analyst with Sanford C. Bernstein & Co., L.L.C., sees the soon-to-be spun-off WhiteWave Foods Co. as an acquisition target for General Mills, Inc.
From veggie burgers to mini pancakes, a diverse product portfolio has positioned the Kellogg Co. to compete in various categories across away-from-home channels.
The launch of a line of private label gluten-free bread and sweet goods late last year began to pay dividends for the fresh bakery business of the Weston Foods division of George Weston Ltd. in the first quarter of fiscal 2013.
Driven by strength in its core brands and a successful integration of the Pretzel Crisps business acquired last October from Snack Factory L.L.C., earnings at Snyder’s-Lance, Inc. increased 40% in the first quarter of fiscal 2013.
J.R. Simplot Co., Boise, Idaho, has once again redefined the French fry experience with the launch of CravOn, what is said to be the first “never fried” frozen French frygeared to the retail market.
Mars Chocolate North America has unveiled an expanded collection of American Heritage Chocolate products in four different formats and commemorative packaging.
The National Frozen & Refrigerated Foods Association (NFRA) announced 24 leading brands are sponsoring this year’s Summer Favorites Ice Cream & Novelties promotion.
This year's Girl Scout cookie sales are on track to top last year's record $790 million in sales, which beat 2011's $760 million, and may soon reach the billion-dollar mark, reported CNBC.
Ingredients firm Mantrose-Haeuser has launched its Certicoat antisticking polish and glazing agent in Europe after success in the US and has also developed an organic variety.
