by Admin | May 10, 2021 | News & Updates
Olam Food Ingredients (OFI) has agreed to acquire US private label spices and seasonings manufacturer, Olde Thompson, for an enterprise value of $950 million. The deal will see OFI’s wholly-owned subsidiary, Olam Holdings, acquire the US spice group from private...
by Admin | May 7, 2021 | News & Updates
AB InBev’s Carlos Brito will be stepping down as CEO after 15 years at the helm and succeeded by the company’s North America zone president Michel Doukeris. Brito will relinquish the role at the end of June, following 32 years at the company. Doukeris was unanimously...
by Admin | May 7, 2021 | News & Updates
Kellogg Company has recorded a 5.1% net sales increase in the first quarter, following strong performance by its cereals range and Pringles brand, particularly in Europe and the AMEA region. The owner of Crunchy Nut and Frosted Flakes posted net sales of $3.58 billion...
by Admin | May 6, 2021 | News & Updates
Few things are more agreed upon than our collective, unapologetic love of food. Cheesy, juicy, or saucy, so many of our favourite eats are enhanced when paired with an ice-cold Pepsi Cola. To reinforce this, the Pepsi brand is upending what we expect of the food...
by Admin | May 6, 2021 | News & Updates
The Coca-Cola Company has announced that Saadia Madsbjerg will be named vice president of global community affairs for The Coca-Cola Company and president of The Coca-Cola Foundation. Madsbjerg is expected to join the company on June 1. She will manage operations of...
by Admin | May 6, 2021 | News & Updates
Nestlé has made its largest foray into plant-based drinks in Europe with the introduction of Wunda, a new pea-based milk alternative. The drink is made from yellow peas sourced in France and Belgium and Nestlé says it offers strong nutritional value compared to...
