Mondelez Int’l no longer pursuing combination with Hershey Mondelez says it will continue to pursue other acquisition opportunities Crystal Lindell August 30, 2016 In a move that’s a bit like saying, ‘No, we broke up with you,’ Mondelēz International, Inc. has announced it has ended discussions with The Hershey Company regarding a possible combination of the two companies.Read More
AB InBev to cut thousands of jobs after merger Jeremy Gerrard August 30, 2016 An estimated 6,600 jobs are on the line upon completion of the takeover of SAB Miller.Read More
People and Industry News August 17, 2016 Mergers, acquisitions and people news in the food and beverage industry. Read More
Kettle Cuisine acquires Del Monaco Foods Jeremy Gerrard August 2, 2016 Transaction creates the first coast to coast fresh soup supplier in the U.S. Read More
Utz to purchase Golden Flake Jeremy Gerrard July 26, 2016 Potato chip and snack food manufacturer Utz Quality Foods, Inc. will acquire Birmingham, Alabama-based Golden Enterprises, Inc. Read More
Danone to acquire WhiteWave in $12.5 billion deal Jeremy Gerrard July 7, 2016 French multinational food company Danone said Thursday it reached a deal to acquire organic food manufacturer WhiteWave Food Co. for $12.5 billion.Read More
Hostess to be a public company again Jeremy Gerrard July 5, 2016 Snack cake company Hostess will once again be a publicly traded company, announcing Tuesday it will be sold to Gores Holdings. Read More
Honeywell to acquire Intelligrated Jeremy Gerrard July 1, 2016 The company will acquire North American-based automated material handling solutions provider Intelligrated in a deal valued at $1.5 billion.Read More
Post talks merger with Lamb Weston Jeremy Gerrard June 23, 2016 Post Holdings recently held talks to explore a merger with ConAgra’s frozen potato products business Lamb Weston.Read More
Monsanto rejects Bayer bid, but open to talks Jeremy Gerrard May 25, 2016 Calling the proposal “incomplete and financially inadequate,” Monsanto Company’s board of directors declined Bayer AG’s offer.Read More