Premier Foods chief executive Michael Clarke believes he has“cleared the big hurdles”, a year after taking over at the helm of the company, he told Foodmanufacture.co.uk.
Singapore-based Petra Foods’ cocoa ingredients business had nosedived in its second quarter (Q2) results due to weakening chocolate demand in developed markets.
Muller Quaker Dairy, the joint venture between PepsiCo and the Germany-based Theo Müller Group, has broken ground on its first US yogurt manufacturing plant – less than a month after entering the market.
The most researched group of probiotic strains – Lactobacillus – has been delivered yet another blow the EU’s central science agency, which rejected digestive and vaginal health claims for nine individual strains.
Heineken faces the potential prospect of a bidding war to seize control of Asia Pacific Breweries (APB), after a company linked to rival ThaiBev trumped the Dutch brewer's S$50 per share bid in a shock move for a smaller stake yesterday.
PepsiCo has reportedly reached an out of court settlement in a lawsuit filed in 2009 by a US man who alleged he found a mouse in a can of Mountain Dew.
The American Beverage Association (ABA) has lashed out at the British Medical Journal (BMJ) for a critical article series on sports drinks, and said the journal showed bias in overlooking 'widely accepted' research thereon.
CSM clawed back some pre-tax profit losses from higher raw material costs and falling demand in its second financial quarter, but pre-tax profits remain down for the half year (H1).
General Mills, Inc. has expanded its Yoplait line of yogurt products with the launch of Yoplait Greek 100 in six flavors: strawberry, black cherry, mixed berry, vanilla, peach and key lime.
The board of directors of Monsanto Co. has increased its quarterly dividend on its common stock by 25%, to 37.5c per share. The dividend is payable on Oct. 26 to shareowners of record on Oct. 5.
The new, center store private brand food business of Ralcorp Holdings, Inc., will be headquartered in St. Louis and led by Richard R. Koulouris, currently corporate vice-president and president of Ralcorp Snacks, Sauces and Spreads.
EBITA of the Bakery Supplies North America division of CSM n.v. in the second quarter of fiscal 2012 was $41.6 million, up 16% from $35.8 million in the same period a year ago.
