Private Equity firm Brynwood Partners has announced the new management team to lead its newly formed subsidiary, Hometown Food.
The Federal Court of Australia has ordered H.J. Heinz Company Australia Ltd (Heinz) to pay an AU$2.25m (US$1.65m) penalty for misleading health claim that its Little Kids Shredz products were beneficial to the health of young children.
Mealtime Stores – the joint venture between Kraft Heinz and Oprah Winfrey – is extending its O, That’s Good brand with premium frozen pizzas featuring a cauliflower crust.
Mondelēz has said it is on target to achieve its 2020 goals in healthy snacking and sustainability.
Breakfast cereals are back on the menu as Kantar Worldpanel data reveals the breakfast category is showing healthy growth in the UK.
Kraft Heinz reported second quarter earnings that topped Wall Street’s forecasts amid persistent rumors of a Campbell Soup acquisition.
Australia's consumer watchdog is urging the court to rule Kraft-Heinz pay a hefty fine for misleading customers to act as a deterrent against similar conduct by others.
Mondelēz has reported growth across all regions in Q2 ending June 30, although its topline was negatively impacted by the recent truckers' strike in Brazil.
Mondelēz has recalled certain Ritz Cracker Sandwiches and Ritz Bits products in the US due to the potential presence of salmonella in the whey powder.
Kraft Heinz has allegedly expressed an interest in acquiring Campbell Soup, but analysts believe the Goldfish crackers maker will retain some of its fast-growing businesses, including its recently acquired Snyder’s-Lance.
Mondelēz plans to invest in Central and Eastern Europe by acquiring local brands in high-growth categories as these regions are showing a healthy growth trajectory, especially in the snacking space.
Kraft Heinz has invested in Ayoba-Yo jerky and Quevos egg white chips for an undisclosed sum through its venture arm Springboard as it believes these brands represent the future of snacking.
Is Mondelēz in the market for more snack companies after its Tate’s Bake Shop deal?
Mondelēz's deal to buy New York-based Tate’s Bake Shop for $500m could soon be followed by more acquisitions in the premium snacks space, says one Edward Jones analyst.
Mondelēz has launched Dairylea Snackers, a snacking kit that pairs Dairylea with Oreo cookies and mini chocolate cookies, specifically for the UK consumer.