The Hershey Co. and Ferrero USA, Inc., have entered into an agreement to share warehousing, transportation and distribution. Source: Candy & Snack Today
Entries Tagged as 'Corporate News'
Ferrero, Hershey Make Logistics Deal
October 6th, 2011 · No Comments · Corporate News, Markettrends
Tags: Ferrero USA·The Hershey Co.
SABMiller Takes Bid to Foster’s Shareholders
August 17th, 2011 · No Comments · Corporate News, Markettrends
Brewer SABMiller has taken its rejected $10 billion bid for beer maker Foster’s to the company’s shareholders. Source: Reuters
Production to Resume at New York Dairy Plant
August 9th, 2011 · No Comments · Corporate News, Markettrends
Production is scheduled to resume shortly at the Upstate Niagara Cooperative’s North Lawrence Dairy plant. The plant has been closed since its acquisition from Healthy Foods Holdings earlier this year. Source: Watertown Daily Times
Kraft Splits Global Snack, North American Grocery Businesses
August 4th, 2011 · No Comments · Corporate News, Markettrends
After last year’s acquisition of Cadbury plc. made it one of the world’s largest food companies, Kraft Foods has announced it will split in two: a global snack business and a North American grocery business. Source: The Wall Street Journal
Tags: Kraft Foods
Pepsi Forms Joint Venture with Grupo Embotelladoras
July 18th, 2011 · No Comments · Corporate News, Markettrends
Pepsico Inc. has formed a joint venture with Grupo Embotelladoras to streamline operations in South America by combining the companies’ manufacturing and distribution operations. Source: Wall Street Journal
Ralcorp to Spin Off Post Foods
July 15th, 2011 · No Comments · Corporate News, Markettrends
Ralcorp Holdings has announced plans to spin off its Post Foods division in an effort to avoid tax payments. The move will complicate ConAgra Foods’ attempts to acquire Ralcorp Holdings. Source: Wall Street Journal
Nestle Invests in Vital Foods
July 14th, 2011 · No Comments · Corporate News, Markettrends
Nestle has purchased an 18 percent stake in Australia’s Vital Foods, maker of kiwi derived products designed to prevent treat constipation. Source: Reuters
Tags: Nestle·Vital Foods
Nestle to Expand in Africa
July 1st, 2011 · No Comments · Corporate News
Nestle has announced plans to invest $1.4 billion in Africa after seeing “strong double-digit growth” on the continent last year. Source: Bloomberg
Tags: Nestle
Tzetzo Brothers and Wythe Will Merge
July 1st, 2011 · No Comments · Corporate News, Markettrends
Private label candy maker Tzetzo Brothers Inc. has merged with private label food and confection distributor Wythe Will Distributing. Source: BuffaloNews.com
Campbell Soup Leaving Russia
July 1st, 2011 · No Comments · Corporate News, Markettrends
After 4 years of work on the Russian soup market, Campbell Soup is ready to give up on the region. The company will close its Moscow Offices and wind down business in Russia. Source: The Wall Street Journal
Tags: Campbell Soup Co.