Instant noodle and beverage maker Uni-President China Holdings Ltd plans to raise about HK$3.28 billion ($423 million) in a rights issue, raising capital to repay loans and for working capital.
Hillshire Brands Co said on Monday it would buy Pinnacle Foods Inc in a $4.3 billion deal that will combine its lineup of Jimmy Dean sausages and Hillshire lunch meats with Pinnacle's Birds Eye frozen vegetables and Vlasic pickles.
The Laughing Cow is directly targeting its core female fan base with a new on-pack promotion this spring, offering the chance to win a weekly £1,000 shopping spree at House of Fraser.
LEAF Brands LLC has acquired the Tart n Tinys, Hydrox sandwich cookie, Wacky Wafers and Quicksand Bubblegum trademarks and will reintroduce the classic brands back into the market this year.
Burger restaurant company Smashburger has entered into a new partnership with Udi’s Gluten Free, to introduce a gluten-free bun offering at all US Smashburger locations.
Kellogg Co has agreed to stop using terms such as "All Natural" and "100% Natural" on some of its Kashi and Bear Naked brand product labels and to pay more than $5 million to settle a class-action consumer fraud lawsuit.
Barny, already the number two children’s biscuit brand after one year on the shelves, is coming to the convenience channel in a new 30g format for on-the-go snacking.
The TGI Friday’s snack line sold at retail will expand into new product categories and international markets after the company and Inventure Foods, Inc. announced a new long-term licensing agreement May 7.
With revenues lifted by gains in the company’s biscuit business, operating income of the North American segment of Mondelēz International Inc. was $230 million in the first quarter ended March 31.
A $1.2 billion financing structure entered into on May 6 has given TreeHouse Foods, Inc. the resources, and apparently also the appetite, for future acquisitions.
