Mars, Inc. has hired Russell Stokes, a former investor and M&A chief, to guide the company’s strategy to stay top-of-mind and equipped for quick change.
Hormel Foods Corporation has revealed that it is to acquire premium deli meat and salami company Columbus Manufacturing Inc from Chicago-based Arbor Investments.
Mexican poultry processor Bachoco S.A.B. de CV (Bachoco) has reached an agreement to acquire La Perla, a pet food company located in the state of Queretaro.
US-based Monogram Foods, the processed meat manufacturer, has lodged a successful bid for Golden County Foods in Wisconsin, a frozen appetiser business.
The Mexican Federal Economic Competition Commission has cleared JBS subsidiary Pilgrim’s Pride’s proposed acquisition of Tyson Food’s Mexican operations Tyson de México.
It seems like too much of a coincidence that McDonald’s has been drip-feeding documentary-style videos of its production process in a bid to improve its image, just as global sales are on the slide.
Hillshire Brands Company, the US-based meat company that was spun out of Sara Lee’s meat business in June, has appointed a new chief customer officer to manage relationships and develop strategies with its consumer-facing customers.
Dupont, which earlier in the year warned that its May $6.49bn acquisition of Danisco would dent its yearly profits, has defied expectations in second quarter results published today.
Bemis announced it has completed the US$1.2bn takeover of Alcan Packaging Food Americas after agreeing to divest two of the company’s flexible packing operations.
Kraft Foods will drive down costs by $1bn (€732m), rejig its global
portfolio, and exploit its sales capabilities, in a bid to make the
company more profitable, the company's top executive stated at a
conference this week.
Competition in the biogum sector is set to hot up with the news
today that US company CP Kelco is looking to boost production
capabilities to reinforce its position in the biogums marketplace.
