PepsiCo takes bold step to dominate the fresh dips market with Sabra and Obela acquisition

Pallavi Madhiraju- November 25, 2024 0

PepsiCo, Inc. has announced its decision to acquire the remaining 50% interest in Sabra Dipping Company, LLC, and PepsiCo-Strauss Fresh Dips & Spreads International GmbH ... Read More

Shocking mix-up in tortilla strips puts millions with wheat allergies at risk

Pallavi Madhiraju- November 25, 2024 0

Sugar Foods Corporation has announced a recall of its Fresh Gourmet Tortilla Strips Santa Fe Style, citing concerns over an undeclared wheat allergen. The recall ... Read More

Patriot Pickle opens new production facility in Garland, Texas, triples capacity

Pallavi Madhiraju- November 23, 2024 0

Patriot Pickle, a leading name in fresh pickles and fermented foods, has officially opened a state-of-the-art production facility in Garland, Texas. The new site is ... Read More

Hearthside Food Solutions restructures $1.9bn debt to fuel growth

Pallavi Madhiraju- November 23, 2024 0

Hearthside Food Solutions, headquartered in Downers Grove, Illinois, has embarked on a transformative journey to strengthen its financial position and fuel long-term growth. The leading ... Read More

NHC Foods Limited achieves significant growth, unveils Rs 47.42cr rights issue

Pallavi Madhiraju- November 23, 2024 0

NHC Foods Limited, a leading exporter of agricultural commodities and spices, has achieved remarkable financial performance in the second quarter of FY2024, reporting a 377% ... Read More

Why Tiger Brands is holding onto Purity despite selling Baby Wellbeing

Pallavi Madhiraju- November 22, 2024 0

Tiger Brands, one of South Africa’s largest food producers, has announced its decision to sell its Baby Wellbeing division for R605 million (approximately $33.37 million). ... Read More

Will Lifeway Foods sell? Danone raises offer in battle for probiotic leader

Pallavi Madhiraju- November 18, 2024 0

Lifeway Foods, Inc. (NASDAQ: LWAY), a leader in kefir and probiotic fermented dairy products, has confirmed receiving a revised, unsolicited acquisition proposal from Danone North ... Read More

General Mills expands into premium pet food with $1.45bn Whitebridge Pet Brands acquisition

Pallavi Madhiraju- November 15, 2024 0

In a significant move to bolster its presence in the premium pet food market, General Mills has announced the acquisition of Whitebridge Pet Brands' North ... Read More

Hindustan Foods bucks the trend with record sales while FMCG rivals struggle

Pallavi Madhiraju- November 12, 2024 0

In a standout performance for the first half of fiscal year 2025, Hindustan Foods Limited (HFL) has reported its highest-ever consolidated revenue, despite challenging market ... Read More

Prataap Snacks thrives in inflationary storm—reveals Q2 growth as Peak XV exits

Pallavi Madhiraju- November 12, 2024 0

Indian snacks giant, Prataap Snacks Limited, posted modest gains in its Q2 results for fiscal year 2025, reporting a 5% revenue increase year-over-year, with revenue ... Read More