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Campbell's 2015 sales, earnings fall as company bites down on restructuring bullet

Campbell Soup Company continues to be impacted by restructuring costs and falling sales. But an uptick in organic sales buoyed the company as it embarks on a previously announced plan...

Alternative proteins, delivery tech dominate M&A activity; supplements trail off

The Nutrition Capital Network reports that mergers and acquisitions activity in branded natural and organic food & beverage companies is on a record-setting pace for 2015. In addition, NCN reports...

Stagnant wage growth continues to restrict grocery purchases, IRI says

Consumers likely will not loosen their purse strings to fill their grocery carts with premium or unnecessary foods any time soon, even though gas prices, unemployment and inflation are down,...

Falling gas prices offer growth opportunity for private label

Tumbling gas prices that are lining consumers’ pockets with savings may provide an unexpected opportunity for private label to steal market share from national brands, rather than the other way...

FAO World Food Day 2014: Family Farming

ABA chief: Farming infrastructure critically important for wheat

Farming infrastructure in the wheat sector is critically important for bakers but there are a number issues threatening it, says the president and CEO of the American Bakers Association.

Three-quarters of CPG promotions don’t break even, says Nielsen

It’s well-known that many CPG firms feel that they are not getting enough bang for their trade spending bucks. But a recent analysis by Nielsen reveals that most of them...

Annie’s/So Delicious deals just the beginning says corporate finance expert: CPG giants now eyeing up natural firms with revenues of $10-25m

While the jaw-dropping amount that General Mills paid for Annie’s ($820m) raised some eyebrows, it was “worth it”, says one corporate finance expert who says big CPG firms are increasingly...

Analyst: Top CPG firms not delivering on innovation, falling back into promotional trap

Pinnacle Foods boss: ‘We’re looking at this industry right now as very much a zero sum game. We're not seeing growth in total’

As several CEOs have recently observed, big brands are not getting so much bang for their promotional buck these days. But in the current climate, targeted trade spending is a...

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Tate & Lyle profits fall on lower US beverage demand

Tate & Lyle has reported lower profits in the first half of the year, citing poor demand for soft drinks in the United States.

Ingredion rolls out cost saving gelatin replacer for yogurt

Ingredion Inc. has rolled out a gelatin replacement ingredient, Etenia 457 potato starch, to help the dairy industry avoid the rising cost of gelatin in yogurt production. 

M&A activity on pace to match 2012 totals, investment group says

Investment and acquisition trends in the health & wellness industry in 2013 are on a pace to match 2012, according to a report by Nutrition Capital Network (NCN).

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TreeHouse Foods continues private label buying spree with $180m deal to buy Associated Brands

The deal - expected to close in Q3, 2013 - will complement TreeHouse’s single serve coffee business by giving it a foothold in the specialty...

Sales up: Hershey makes US share gains and grows volumes overseas

Hershey has grown its sales 6.7% in the second quarter (Q2) driven by strong performance in the US and volume increases in key international markets like China.

Cofounder says Plum Organics will stay true to mission within Campbell fold

Plum Organics co founder and CEO Neil Grimmer said the company will stay true to its mission within the Campbell fold, including maintaining its commitment to its values as a...

B Corp concept harnesses profit for social good, co-founder says

One of the inventors of the B Corporation concept, Andrew Kassoy, said his goal was to find a way to harness the entrepreneurial spirit to solve social problems.  Along the...

FBI probes suspicious trading in Heinz shares prior to Buffett mega-deal

The FBI is joining an investigation into suspicious trading in Heinz shares the day before it announced that it had agreed to be taken over by Berkshire Hathaway and 3G...

Buffett investment group Berkshire Hathaway teams up with 3G to buy Heinz in $23bn mega-deal

UPDATED - H.J. Heinz Co. has agreed to be acquired by Warren Buffett’s Berkshire Hathaway investment firm and Brazilian private-equity giant 3G Capital for $23.3bn, in what it claims is...

Analyst: Ditching Skippy continues to skew Unilever towards faster-growing emerging markets

Offloading Skippy peanut butter - which still generates the majority of its $370m annual sales in the mature US market - will continue to skew Unilever’s portfolio towards faster-growing emerging...

Hormel Foods to acquire Skippy peanut butter from Unilever

Unilever has struck a deal to sell its Skippy peanut butter business to Hormel Foods for approximately $700m.

Q3 wrap: Nutrition stars for DSM and Naturex

Royal DSM saw Q3 sales slip 7% to €2.3bn across all divisions with polymer intermediates performing worst, but as has been the case in recent quarters, the Dutch firm’s nutrition...

Emerging markets continue to drive Nestlé sales

Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.

Hostess seeks to impose bankruptcy-exit deal in court after union rejects ‘outrageously unfair’ final offer

Hostess Brands is seeking a legal means to force members of the union representing a big chunk of its staff to accept a deal they have rejected by an overwhelming...

News in brief

2012: The year of fewer, bigger, deals in health & wellness, and a sharp rise in financing

The number of mergers and acquisitions in the US nutrition, health and wellness market was down by almost 40% in the first half of 2012*, according to Nutrition Capital Network (NCN).

Wind Point partners with ex-Sara Lee CEO in Shearer Foods acquisition

Private equity firm Wind Point Partners has agreed to acquire Ohio-based Shearer’s Foods for an undisclosed sum – and has partnered with former Sara Lee CEO C.J. Fraleigh, who will...

What do the most successful CPG companies have in common?

Investment in emerging channels, the Hispanic market, and employee development are among the strategies that set the most profitable consumer packaged goods firms apart from their peers, finds a new...

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