9 December 2013
Sysco signs $8.2bn deal to takeover US Foods
Food distributor Sysco has signed an agreement to takeover US Foods in an $8.2bn deal, which would create a world-class foodservice company.
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9 December 2013
Post to buy Golden Boy Foods and Dymatize in separate deals
Post Holdings, the parent of Post Foods and a manufacturer of ready-to-eat cereals, has entered into separate agreements to purchase Golden Boy Foods and Dymatize Enterprises for about $680m.
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8 December 2013
StockPot recalls chicken noodle soup over labelling error
StockPot, a soup brand owned by US-based Campbell Soup, is voluntarily recalling 1,864 cases (about 22,368lbs) of chicken noodle soup, as they may carry the labelling of Wholesome@Home Loaded Baked...
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8 December 2013
Nestlé to divest stake in Swiss ingredients firm Givaudan
Nestlé is set to divest its 10% stake in Swiss manufacturer of flavourings and fragrances Givaudan in a deal valued at more than $1bn, as it seeks to streamline its...
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6 December 2013
Unilever to streamline product portfolio and cut 2,000 jobs
Unilever is considering plans to streamline product portfolio and cut around 2,000 jobs across its operations to ensure effective and efficient operations.
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5 December 2013
Church & Dwight to expand gummy vitamin production capabilities in US
Church & Dwight is planning to expand its gummy vitamin production capabilities with a new production line at its manufacturing facility in Pennsylvania.
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19 February 2012
FDA refuses to allow higher fungicide levels in orange juice
The US Food and Drug Administration (FDA) has turned down a request by Brazilian juice producers to raise the permissible levels of the fungicide carbendazim in orange juice, a decision...
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19 February 2012
Nestlé and Danone outline antitrust plans for Pfizer’s baby formula unit
Swiss food company Nestlé and French dairy company Danone are working out strategies to overcome antitrust issues following the submission of their initial bids to acquire Pfizer's baby formula division,...
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16 February 2012
Mars to open production unit in Saudi Arabia
US-headquartered confectionery giant Mars plans to set up a production facility in King Abdullah Economic City (KAEC), Rabigh, Saudi Arabia, with an investment of SAR225m ($60m).
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16 February 2012
Nestlé reports increase in full-year 2011 profit
Swiss food giant Nestlé has reported an 8.1% increase in its full year profit to CHF9.5bn ($10.35bn) in 2011, but said it will have a tough year ahead due to...