Nestlé is seeking to triple its revenues from the Middle East operations by the end of this decade, driven by expansion with new factories and new brands.
American snack producer Mondelez has hired management advisor Accenture to research its cost structures, as it seeks to save €2.2 billion in three years’ time.
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.
The Hain Celestial Group, Inc announced the availability of new Bearitos Pita Chips, a crunchy, great-tasting and natural snack that sits proudly in the Bearitos family of foods.
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.
General Mills, a US-based packaged food maker, is seeking to strengthen its footprint in the emerging markets through a series of overseas acquisitions, as the cereal maker is witnessing a weaker growth in the US.
Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, acquired the remaining 51% of Biolands Group, its long-time supplier of certified cocoa beans from East and West Africa.
Mondelez International Inc sought on Tuesday to convince investors that it can increase profit margins in the coming years despite volatile emerging markets
U.S. packaged foods group General Mills (GIS.N) is looking to expand its business in faster-growing emerging markets, it said on Tuesday, as growth in its home market remains weak.