EU clears AB InBev, SABMiller merger Jeremy Gerrard May 25, 2016 The European Commission has cleared the way for the world’s largest brewer, Anheuser-Busch InBev, to proceed with its proposed takeover of rival SABMiller. Read More
ConAgra Foods to sell Spicetec Flavors & Seasonings to Givaudan May 24, 2016 ConAgra Foods, Inc. has agreed to sell its Spicetec Flavors & Seasonings business to Givaudan for approximately $340 million. Read More
Bayer offers to buy Monsanto for $62 billion Jeremy Gerrard May 23, 2016 German pharmaceutical company Bayer confirmed Monday it proposed an all-cash of $62 billion to purchase Monsanto Co. Read More
Hormel acquires Colorado nut butter company Jeremy Gerrard May 19, 2016 Hormel Foods Corporation announced it will acquire specialty nut butter company Justin’s, LLC. Read More
TECH FLASH Big deals lead concerns of craft beer industry Big brewers were on everyone’s mind at the Craft Brewers Conference & BrewExpo America. Jeremy Gerrard May 16, 2016 Smaller breweries are trying to sort out what one merger might mean for them. Read More
Dean Foods purchases Friendly’s ice cream business Jeremy Gerrard May 11, 2016 Texas-based Dean Foods Company has agreed to buy the manufacturing and retail ice cream business of Friendly’s Ice Cream, LLC for $155 million.Read More
Krispy Kreme purchased for $1.35 billion Jeremy Gerrard May 9, 2016 Krispy Kreme Doughnuts, Inc. will become a privately held company. Read More
Hershey sales decline, purchase BarkTHINS manufacturer Jeremy Gerrard April 27, 2016 The company’s net sales declined 5.6 percent to $1.83 billion, while earnings dropped 6 percent to $229.8 million. Read More
Anheuser-Busch acquires Virginia craft brewer Jeremy Gerrard April 13, 2016 Beer giant Anheuser-Busch has added another brewer to its growing portfolio of craft brewing companies. Read More