After announcing that it may drop its flagship dairy brand last August, Kroger sold Turkey Hill to Peak Rock Capital earlier this year. The agreement was completed this week for $215m.
Infant formula firm Ausnutria Dairy has announced a 51.6% year-on-year growth in revenue to RMB2,582.4m for H1 2018, largely attributed to the continuous increase in the sales of its house-brand formula products.
Australian organic infant formula manufacturer Bubs has announced a massive rise of over 500% in sales, thanks largely to the growth in export sales to China.
General Mills has been working to turn around its yogurt business and is starting to see slow signs of improvement but "there is more work to do," CEO Jeff Harmening said during the CAGNY (Consumer Analyst Group) conference in New York City.
Arla Foods UK has signed an agreement to extend the length of its relationship with StayinFront, a global provider of mobile, cloud-based field force solutions for consumer goods.
Huhtamaki has reached an agreement to sell most of its European rigid packaging operations for €52m as part of an ongoing strategy to offload what it sees as a non-core business.
Marel has announced that it is to sell subsidiary Stork Food and Dairy Systems to Dutch investor Nimbus as part of a strategy to focus on its core processing segments.
Newly merged FrieslandCampina has denied reports that the sale of its cheese business in Bleskensgraaf will be handed over to the European Commission in order to meet the disposal deadline.
Pernod Ricard, the world's third largest wine and spirits group,
has reported a slight dip in sales for the first quarter of 2004.
The group's established brands performed well in the US and Asia
Pacific regions, but its...
Leading US flavour company International Flavors & Fragrances
(IFF) this week reported an increase in sales for the second
quarter 2002 with figures exceeding previously announced
expectations. In Europe strong fragrances sales...