CP Foods to acquire Canadian pork producer HyLife for $370m
Charoen Pokphand Foods (CP Foods) is to acquire Canadian pork producer HyLife Investments for $370m, expanding its presence in North America. The post CP Foods to acquire Canadian pork producer HyLife...
View ArticlePepsi bolsters flavour portfolio with berry, lime and mango colas
Pepsi has launched three new flavoured variants in the US, as the uptake of sophisticated flavours in the cola category continues. The post Pepsi bolsters flavour portfolio with berry, lime and mango...
View ArticleHeineken records strong quarter after volume growth in all regions
Heineken has recorded first-quarter net profit of €299m, thanks to volume increases in all regions. The post Heineken records strong quarter after volume growth in all regions appeared first on FoodBev...
View ArticleFuture of free-from at Free From Functional & Health Ingredients
The 28-29 May sees the seventh edition of Free From Functional & Health Ingredients (FFF&HI) Expo return to Barcelona. The post Future of free-from at Free From Functional & Health...
View ArticleBiotiful unveils three spoonable kefir quarks with fruit compote
The UK's Biotiful Dairy has released three new spoonable kefir quark pots with fruit compote, extending its offering in the kefir category. The post Biotiful unveils three spoonable kefir quarks with...
View ArticleUK’s competition authority blocks Sainsbury’s-Asda merger
The UK's Competition and Markets Authority (CMA) has blocked the proposed merger between supermarkets Sainsbury's and Asda, citing pricing concerns. The post UK’s competition authority blocks...
View ArticleReaction: Sainsbury’s-Asda off, UK’s retail industry responds
FoodBev has collated some of the best reaction from stakeholders within the UK grocery retail industry to the cancellation of Sainsbury's and Asda's merger. The post Reaction: Sainsbury’s-Asda off,...
View ArticleTyson Foods exits Beyond Meat ahead of IPO valuing it at $1.2bn
Tyson Foods has sold its 6.5% stake in Beyond Meat, as the latter readies a much-anticipated IPO that values it at over $1 billion. The post Tyson Foods exits Beyond Meat ahead of IPO valuing it at...
View ArticlePepsiCo reveals winner of first North America Nutrition Greenhouse
Sugar-free children's drink brand Hapi Drinks has secured a $100,000 grant as the winner of PepsiCo's inaugural North American Nutrition Greenhouse. The post PepsiCo reveals winner of first North...
View ArticleHershey hails ‘strong start’ as first-quarter revenue grows 2.3%
Hershey has reported first-quarter net sales of $2.02 billion – 2.3% stronger than the same period last year – though net income fell by more than 13%. The post Hershey hails ‘strong start’ as...
View ArticleSaputo in $196m deal for Lion Dairy’s speciality cheese brands
Canadian dairy company Saputo will acquire the speciality cheese business of Australia's Lion Dairy & Drinks – its second acquisition in the country in 18 months. The post Saputo in $196m deal for...
View ArticleGlanbia revenues grow by 8.4% as Watson deal completes
Glanbia has reported an 8.4% growth in revenues, in a quarter in which it completed the purchase of US premix producer Watson. The post Glanbia revenues grow by 8.4% as Watson deal completes appeared...
View ArticleIce cream brand Enlightened debuts new dairy-free bars
Better-for-you ice cream brand Enlightened has expanded into dairy-free ice cream bars, amid incessant demand from consumers for dairy-free alternatives. The post Ice cream brand Enlightened debuts new...
View ArticleBud Light makes lemon its next brewed citrus peel flavour
Anheuser-Busch is expanding its range of Bud Light lagers brewed with citrus peel with the launch of a third flavour in the range: lemon. The post Bud Light makes lemon its next brewed citrus peel...
View ArticleSevere weather dents ADM’s first quarter: net earnings fall by 40%
Archer Daniels Midland (ADM) has said "severe weather in North America" was one of the main factors behind a 40% dip in net earnings this quarter. The post Severe weather dents ADM’s first quarter: net...
View ArticleInterview: ‘American farmers do take conservation seriously’
David Green, a consultant for the US Sustainability Alliance, tells FoodBev that American agriculture gets a bad rap from Europeans. The post Interview: ‘American farmers do take conservation...
View ArticleGrupo Lala reports first-quarter revenue 3.9% stronger at $984m
Mexican dairy company Grupo Lala has recorded 3.9% growth in reported net sales, as it continues to realise its strategy for premiumisation. The post Grupo Lala reports first-quarter revenue 3.9%...
View ArticlePersonalised nutrition: the age of ‘you eat what you are’
Chris Lee, managing director for health and nutrition Europe at Informa Markets, discusses the opportunities and challenges for personalised nutrition. The post Personalised nutrition: the age of ‘you...
View ArticleCamden Town Brewery targets midweek occasion with new lager
Anheuser-Busch's craft brewery, Camden Town, has launched a 'super drinkable' new beer that will compete for the oft-overlooked midweek occasion. The post Camden Town Brewery targets midweek occasion...
View ArticleNestlé USA to simplify pizza and ice cream route to market
Nestlé USA will simplify the route to market for its pizza and ice cream products by exiting its frozen direct store delivery network. The post Nestlé USA to simplify pizza and ice cream route to...
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