Investment

BRF was boosted by a solid rise in volume sales of processed meat products

BRF curbs spend amid economic crisis

By Oscar Rousseau

One the world’s largest meatpackers, BRF, has cut its investment spend as its home country, Brazil, slowly recovers from a two-year economic recession.

Memphis Meats has received significant investment from Cargill

Cargill invests in lab-grown meat outfit

By Oscar Rousseau

Meat giant Cargill has joined business tycoons Bill Gates and Richard Branson by investing millions of dollars in lab-grown meat start-up Memphis Meats. 

The investment has been set aside for the eradication of scrapie in goats and sheep

Canada invests in Scrapie eradication

By Aidan Fortune

The Canadian government has invested CA$345,720 in the Canadian Sheep Federation (CSF) to implement the Scrapie Eradication Strategic Plan for the sheep and goat industries. 

Olymel said the investment will boost jobs, efficiency and output at its Quebec plant

Canada’s Olymel investment creates 30 jobs

By Oscar Rousseau

Pork processor Olymel will pump millions of dollars into its Quebec factory to improve production and efficiency, leading to the creation of more than 30 jobs.

Picture credit: Kodiak Cakes

Sunrise Strategic Partners invests in Kodiak Cakes

By Elaine Watson

Sunrise Strategic Partners - a Colorado-based accelerator of emerging brands - has made a minority investment in Utah-based Kodiak Cakes, which makes high protein breakfast items from pancake mixes to flapjacks.

BRF said the acquisition is

BRF buys Argentina meat processor Calchaquí

By Oscar Rousseau

One of Brazil’s largest meat firms BRF has acquired the Argentinian pork business Alimentos Calchaquí, according to an investment bulletin published by BRF.

CFO Fabio Sandri:

Pilgrim’s creates 150 jobs

By Oscar Rousseau

US-based poultry company Pilgrim’s Pride has announced a $190m strategic capital investment plan for growth and brand expansion, leading to the creation of 150 jobs. 

Private equity firm Stripes Group invests $50m in Califia Farms

Private equity firm Stripes Group invests $50m in Califia Farms

By Elaine Watson

Plant-based beverage firm Califia Farms has secured a $50m investment from New York-based private equity firm Stripes Group, capital it says will be used for “deepening production and distribution capabilities, R&D, new hires, and sales and marketing”.

Post Holdings’ acquisitions pay off faster than expected

Post Holdings’ acquisitions pay off faster than expected

By Elizabeth Crawford

Recent acquisitions to diversify Post Holdings’ portfolio are paying off more quickly than anticipated, prompting the cereal giant to raise its full year guidance despite a larger than expected negative impact from a supplier that tested positive for...

Dr Pepper invests $15m in minority stake in Bai Brands

Dr Pepper invests $15m in minority stake in Bai Brands

By Elaine Watson

Dr Pepper Snapple Group has invested $15m in a minority stake in Bai Brands, which has generated explosive growth in multiple retail channels with its 'antioxidant infusion' low-calorie Bai5 beverages.

Big Food is at a crossroads, says Hartman Strategy

Disrupt or die: Big Food is at a crossroads, says Hartman Strategy

By Elaine Watson

While ‘legacy’ food and beverage brands are laser focused on price, promotion and placement, no amount of financial clout or merchandising wizardry can mask the fact that smaller, sexier, more disruptive, brands are outpacing them. But are CPG’s biggest...

Kellogg CEO on Special K: 'We really need to move that to a weight wellness discussion, really away from reduced calories to the food itself which has tremendous nutrient benefits'

Special K global rebrand set for 2015

By Kacey Culliney

Kellogg will overhaul Special K next year to pull the failing brand away from its weight management focus, the company CEO says.

The two companies have combined sales of more than $4bn a year

Terms of Tyson Foods/Hillshire Brands merger finalised

By Georgi Gyton

Tyson Foods announced the completion of its merger with Hillshire Brands last week, in a move which positions Tyson as "a clear leader in the prepared foods business", according to a statement from the company.

CP Kelco expands production in Brazil

CP Kelco expands production in Brazil

By Maggie Hennessy

CP Kelco has announced an investment to expand its manufacturing facility in Limeira, Brazil, to meet growing demand for pectin in the South American food and beverage market.

PepsiCo plans $5 bn investment in Mexico

PepsiCo plans $5 bn investment in Mexico

By Maggie Hennessy

PepsiCo Inc. has announced plans to invest $5 billion in Mexico over the next five years in an effort to strengthen the firm’s Latin American food and beverage footprint.

Australia's Federal Treasurer Joe Hockey said the acquisition is not in the interest of the country at this time

Australia blocks ADM’s GrainCorp takeover

By Kacey Culliney

Australia has blocked Archer Daniel Midland’s (ADM) A$3.4bn ($3.09bn) takeover of GrainCorp, claiming it would not be in the interest of the country.

CEO Paul Bulcke said:

Nestlé nine-month sales growth below full-year target

By Caroline SCOTT-THOMAS

Nestlé organic sales growth slowed to 4.4% in the first nine months of the year, compared to 6.1% in the same period last year, hit by weaker demand from emerging markets and ongoing recession in Europe.

Nestlé plans to sell underperforming brands

Nestlé plans to sell underperforming brands

By Caroline SCOTT-THOMAS

Nestlé CEO Paul Bulcke told an investor meeting on Tuesday that the company intended to divest some of its brands and shake up its portfolio.

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