PepsiCo and Quaker finally merged
On August 2, PepsiCo announced it has completed its merger with The Quaker Oats Company, creating a $25 bn food and beverage company.
Archives for August 2, 2001
Frozen Mexican foods added to Heinz's portfolio
The H.J. Heinz Company announced on August 2 that it has acquired the maker of frozen Mexican foods Delimex Holdings, Inc., from Fenway Partners, Inc.
KFC's US potato flour stays out of China
China has turned back shipments American potato flour supplied to Kentucky Fried Chicken because it failed to meet Chinese quality standards.
Hain Celestial expands European activities
Hain Celestial Group announced two new developments to expand the distribution of its brands throughout Europe, as part of the company's international growth strategy.