USA: General Mills focusing on investment in yoghurt sector
Noting that growth in the Greek yoghurt sector is slowing, General Mills, Inc has announced plans to focus on building its Yoplait business. According to Food Business News, with what is said to be the right product portfolio, distribution and manufacturing capacity in place, the company is investing heavily in the marketing and merchandising of […]
USA: Lindt announces HQ expansion
Swiss chocolatier Lindt & Sprungli has announced that it is to invest in the development of its US headquarters in Stratham, New Hampshire in response to increased demand in the country for premium chocolate. The expansion to production facilities at the site, which has now met planning approval, will see the addition of 108,000 square […]
USA: Malibu announces launch of Rum Sparkler
Malibu Rum has announced the launch of its newest product venture, Malibu Rum Sparkler, which combines the company’s rum with coconut water, infused with bubbles. According to a company press release, as the leading coconut rum around the world Malibu has given a fresh outlook on the combination of the classic Caribbean rum with coconut […]
USA: Mondelez International agrees partnership with Facebook
Mondelez International has announced a global partnership with Facebook as it looks to gradually refocus its media spend on digital channels, Food & Drink Business Europe reports. The multinational food company has conducted a number of brand campaigns on Facebook in the recent past, including for Cadbury Creme Egg, Milka and Nilla Wafers. According to […]
USA: Chiquita set to create world’s largest banana company
Chiquita Brands International, Inc. has entered into an in an all-stock transaction to acquire Fyffes, a Dublin, Ireland-based fruit and produce distributor, that is said to value the latter at approximately $526 million. It is claimed that the combination of the two companies would create the world’s largest banana company with annual sales of $4.6 […]
USA: Hershey to launch “gum meets mint” product
Food Business News is reporting that the Hershey Co. is developing a product with technology to “revolutionize breath freshening”, in an attempt to lift low sales in the gum category. Said to be set for a September debut, Ice Breakers Cool Blasts is said to chew like a gum but dissolve like a mint and […]
USA: Jack Link’s set to obtain meat snacks business from Unilever
Jack Link’s Beef Jerky has entered into an agreement to acquire Unilever’s meat snacks business for an undisclosed amount, with the transaction expected to close at the end of March. According to Food Business News, the acquisition includes the European brands Bifi, Benelux and Peperami as well as Unilever’s meat snacks manufacturing plant in Ansbach, […]
USA: FDA proposes new nutrition facts label
Suggestions for new nutrition facts labels for packaged foods have recently been proposed by the US Food and Drug Administration (FDA) to reflect the latest scientific information, including the stated link between diet and chronic diseases such as obesity and heart disease. According to Australian Food News, the FDA has said that the new labels […]
USA: Diet Coke enters frozen beverage market
The Coca-Cola Company has announced that it is due to launch a new low calorie frozen carbonated drink, the first frozen product ever offered under the Diet Coke brand. Following the announcement that Coca Cola is to be released in a capsule format, the company has now revealed that the Diet Coke lineup is to […]
Canada: Announcement expected about Heinz facility
Heinz has announced it has reached a preliminary deal with Highbury Canco Corp. which will allow the company to acquire its tomato processing plant in Leamington, Ontario, thus saving it from closure. According to the Huffington Post, Heinz is a major employee in the Ontario town and had announced plans last November to close the […]