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Food and Drink Business: Preview Feb 2023

    Food and Drink Business: Preview Feb 2023

“After a five-year hiatus, Foodex Manufacturing Solutions returns to the NEC, Birmingham this April (24 th – 26 th ), as part of the UK Food & Drink Shows. Bringing

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Kraft Foods Names New Board of Mondelez International

    Kraft Foods Names New Board of Mondelez International

Kraft Foods has announced the composition of the board of directors for its global snacks company, Mondelez International, which has will be separated from the North American grocery business in

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PepsiCo UK to Invest £15.2 Million at Walkers

    PepsiCo UK to Invest £15.2 Million at Walkers

PepsiCo UK is investing £15.2 million in its Walkers snacks manufacturing campus at Leicester. The investment will support the introduction of a new production line making kettle-fried potato crisps, such

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Kellogg is One of Top 50 Companies for Diversity in 2012

    Kellogg is One of Top 50 Companies for Diversity in 2012

Kellogg Company’s long-standing commitment to diversity and inclusion was recognized when the company was named one of the ‘Top 50 Companies for Diversity’ in 2012 by DiversityInc, a leading global

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PepsiCo Potato Chip Brands Surpass $10 Billion in Global Retail Sales

    PepsiCo Potato Chip Brands Surpass $10 Billion in Global Retail Sales

PepsiCo’s global ‘Banner Sun’ potato chip portfolio has grown to more than $10 billion in annual retail sales, anchored by Lay’s, the world’s largest food brand and the number one

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Mondelez International is New Name For Kraft’s Global Snacks Business

    Mondelez International is New Name For Kraft’s Global Snacks Business

Kraft Foods’ high-growth global snacks business, which will be separated from its North American grocery business later in the year, will be called Modelez International. The North American grocery company

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Kellogg Company to Acquire Pringles For $2.7 Billion

    Kellogg Company to Acquire Pringles For $2.7 Billion

Kellogg Company has agreed to acquire Procter & Gamble’s Pringles business for $2.695 billion. Pringles is an excellent strategic fit for Kellogg and significantly advances the company’s goal of building

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Major Restructuring at PepsiCo to Maintain Profitable Growth

    Major Restructuring at PepsiCo to Maintain Profitable Growth

With worldwide snacks and beverage volumes rising by 8% and 5% respectively, PepsiCo has increased operating profit by 16% to $9.63 billion on net revenue up 15% to $66.5 million

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New Head of Marketing at Intersnack UK

    New Head of Marketing at Intersnack UK

Intersnack, the UK savoury snack supplier and owner of the Pom-Bear and Penn State brands, has appointed Dave Wilson to the new role of head of marketing. Previously brand marketing

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United Biscuits to be Split Up

    United Biscuits to be Split Up

Private equity firms Blackstone Group and PAI Partners are reported to be considering splitting their United Biscuits business into two elements – one centred on biscuits and the other on

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Irene Rosenfeld to Lead Kraft’s Global Snacks Company

    Irene Rosenfeld to Lead Kraft’s Global Snacks Company

In the next step toward dividing into two public companies, Kraft Foods has announced the appointments of the heads of the future global snacks and North American grocery businesses. Irene

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Kraft Foods to Split into Two Businesses

    Kraft Foods to Split into Two Businesses

Kraft Foods intends to spin-off of its North American grocery business to shareholders. The move will create two independent public companies – a high-growth global snacks business with estimated revenue

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Record Confectionery Performance Lifts Zetar

    Record Confectionery Performance Lifts Zetar

Despite the difficult trading environment, Zetar, the UK confectionery and snack food group, increased revenue by 2% to £135.0m and adjusted operating profit by 3% to £7.5m for the year

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PepsiCo Launches European Search for Emerging Communications and Technology Companies

    PepsiCo Launches European Search for Emerging Communications and Technology Companies

PepsiCo has announced an open call for digital entrepreneurs across Europe to apply to take part in ‘PepsiCo10’, an innovation incubator program designed to discover and support emerging technology companies

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Zetar Expands Confectionery Business

    Zetar Expands Confectionery Business

Zetar, the UK confectionery and snack foods company, has acquired Derwent Lynton for a maximum consideration of up to £0.8m. Based in Derby, Derwent Lynton is a chocolate confectionery manufacturer

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Diamond Foods Bags Pringles in $2.4 Billion Deal

    Diamond Foods Bags Pringles in $2.4 Billion Deal

US-based snacks group Diamond Foods is acquiring the Pringles business from Procter & Gamble in a deal worth $2.35b. Pringles is the world’s largest potato crisp brand with sales in

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Bright Food Group Favourite For Yoplait Stake

    Bright Food Group Favourite For Yoplait Stake

Chinese food conglomerate Bright Food Group is reported to be in pole position in the race to acquire PAI Partners’ 50% stake in Yoplait. Rivals for the shareholding in the

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New Head at United Biscuits

United Biscuits, leading European manufacturer of biscuits and snacks, has appointed Benoit Testard as its group chief executive, effective from Monday, 21st February. Formerly, Benoit Testard successfully led the group’s

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Raisio in Middle of Growth Phase

Raisio, the Finnish food and functional food ingredients group, increased net sales by 17.9% to Eur443.0m in 2010. EBIDTA fell from Eur37.5m (excluding one off items) in 2009 to Eur35.3m

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Surge in Sales at PepsiCo

    Surge in Sales at PepsiCo

Driven by gains across its worldwide snacks and beverage businesses, and from the acquisitions of its anchor bottlers earlier in the year, PepsiCo has reported a 34% surge in net

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Diamond Foods to Expand UK Kettle Foods Plant

    Diamond Foods to Expand UK Kettle Foods Plant

US-based snacks group Diamond Foods is investing $10m to expand of its UK production facility in Norwich to meet increasing demand for Kettle Chips. The Kettle brand has experienced significant

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PepsiCo to Acquire 66% of Wimm-Bill-Dann For $3.8 Billion

    PepsiCo to Acquire 66% of Wimm-Bill-Dann For $3.8 Billion

PepsiCo is acquiring a 66% stake in Wimm-Bill-Dann Foods, Russia’s leading branded food and beverages company, for $3.8b, pending the required government approvals. Wimm-Bill-Dann is a leader in both traditional

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United Biscuits Sale Talks End

  United Biscuits Sale Talks End

The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese

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United Biscuits Sale Talks Close to Collapse

  United Biscuits Sale Talks Close to Collapse

The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese

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PepsiCo Plans to Revolutionise its Farming with New i-crop Technology

  PepsiCo Plans to Revolutionise its Farming with New i-crop Technology

PepsiCo plans to roll-out globally its new i-crop farming technology that will enable the soft drinks and snacks group’s farmers

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PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

  PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

Global soft drinks and snacks giant PepsiCo plans to invest $140m to build its tenth plant in Russia. The new

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Chinese Food Group Eyes United Biscuits

  Chinese Food Group Eyes United Biscuits

Chinese food conglomerate Bright Food Group is reported to be holding exclusive talks to acquire United Biscuits, the British and

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Consolidation in UK Vending Machines Market

SnackTime, one of the UK’s largest national operators of snack and chilled drink vending machines, has acquired Vendia UK for

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Grupo Siro Opens €6m R&D Centre

Spanish food group Grupo Siro has opened a new Eur6m research and development facility at El Espinar in northern Spain.

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Seabrook Crisps Plans New English Factory

  Seabrook Crisps Plans New English Factory

Seabrook Crisps, the north of England-based snacks manufacturer, is planning to build a new factory in the south of the

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Campbell Considering Bid For United Biscuits

  Campbell Considering Bid For United Biscuits

US-based Campbell, the world’s largest soup company, is reported to be preparing a £1.5b break-up bid for United Biscuits, the

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United Biscuits Offered For Sale

  United Biscuits Offered For Sale

Private equity firms Blackstone Group and PAI Partners are reported to be seeking to sell British and international biscuits and

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