Kraft Foods shareholders have approved the name Mondelez International as the new name for the company’s global snacks business after it splits into two separate companies later this year.
ConAgra Foods' buying spree has continued with the acquisition of Wisconsin-based Kangaroo Brands’ private label pita chips business - its fourth deal in the 2012 fiscal year.
A consecutive deficit in 2012/13 is set to move cocoa prices higher as supply struggles to meet rising demand for chocolate products in Asia, according to financial services group Rabobank.
Kraft Foods will decide tomorrow whether to change the name of its global snacks spin-off to Mondelez International in a vote at its Annual Shareholder Meeting.
Global biscuit manufacturers are responding to consumers’ contradictory demands by launching new products targeting both health and indulgence, according to market research firm, Innova Market Insights.
Kraft Foods has announced that IRS has provided a favorable private letter ruling confirming the tax-free status of the planned spin-off of the company's North American grocery business and certain related internal reorganization transactions.
Frito-Lay North America, a division of American beverage and snack company PepsiCo, has announced a multi-year initiative to start labeling its gluten-free products.
Frito-Lay North America, a division of PepsiCo, Inc., has expanded its Ruffles brand with the launch of Ruffles Ultimate Potato Chips and Ruffles Ultimate Dips.
Indian public conglomerate company ITC is planning set up five food production facilities at Kolkata, in the Indian state of West Bengal. The combined investment for the units is expected to be nearly INR10bn ($183.90m).
United Biscuits has cooled reports that it is developing a milk chocolate version of its traditionally dark chocolate orange-flavoured treat, Jaffa Cakes, casting it off as ‘rumours’.
