Kraft Foods’ global snacks spin-off Mondelez has acquired Italian biscuit business Vitasnella from Danone.
Callebaut expands supply deal with Hershey
Reflecting the continuing industry trend toward outsourcing, Barry Callebaut said a new supply deal it has agreed with Hershey will put its annual deliveries beyond the current 80,000 metric tonnes.
Kraft plans R&D centre for ex-Danone biscuit unit
Kraft plans to invest €15m in a new innovation centre for biscuits in France following the acquisition of the Danone biscuit business two years ago.
Health could boost declining US cookie sales, report
Declining US cookie sales may be set for a turnaround if
manufacturers focus on gourmet, organic and whole grains, according
to a new report.
Confirmed: Kraft buys Spanish UB unit
Leading food manufacturer Kraft has paid £575m (€829.6m) for United
Biscuit's southern European snack business. The deal was signed off
over the weekend, said British daily The Financial Times.
Kraft prepares for UB bid
American manufacturer Kraft will make a bid for United Biscuit's
southern European division, while Premier Foods and a Dutch equity
firm negotiate for stakes in UB's northern European operations.
Kraft and Premier Foods eye United Biscuits
US food giant Kraft is partnering with Britain's Premier Foods to
launch a bid for United Biscuits, according to industry insiders.
Kraft bids for United Biscuits
The largest US food company Kraft Foods has approached the
consortium of shareholders that owns Britain's United Biscuits with
a buy-out plan, according to British paper The Business.
Kraft: innovation, portability and health drive growth in core categories
US food company Kraft Foods has a recipe for financial growth that
is feeding Wall Street's appetite, Reuters reports.
Kraft acquires biscuit producer
US food and beverage company Kraft Foods Inc. announced this week
that it has acquired Australian biscuit producer, Lanes Food Group.
Several Nabisco brands have been licensed to Lanes in Australia
Kraft reports quarter's earnings
Kraft Foods Inc. said second-quarter profits rose 13.5 per cent,
meeting Wall Street expectations, in the company's first earnings
report after offering shares to the public last month.
Alaska Milk ends agreement with Quaker
Leading Philippines' milk firm, Alaska Milk Corporation (AMC), said
on Tuesday that from April it will terminate a cereal distribution
deal with Quaker...
Phillip Morris aims for $5bn Kraft sale
Philip Morris hopes to raise up to $5bn from the initial public
offering of US food giant Kraft, the...
Kraft and Nabisco to sell brands
Kraft Foods, Inc., the US food group, recently announced its plans
forintegrating operations of Nabisco with its Kraft Foods North
America and KraftFoods...