Winning with purpose: PepsiCo expands convenient foods and beverage offerings

USA – PepsiCo, the American food and beverage giant behind the Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana brands has popped into the new year with multiple launches across some of its leading food and beverage […]

Utz Quality Foods acquires snack food brand Kitchen Cooked Inc

USA – American snack company, Utz Quality Foods has acquired Illinois-based potato chips maker Kitchen Cooked Inc, for an undisclosed sum. The transaction includes the Kitchen Cooked snack food brand, direct store delivery (DSD) operations […]

PepsiCo to acquire US better-for-you snacks maker BFY Brands

USA – PepsiCo has entered into an agreement to acquire PopCorners and Rice Rounds snacks maker BFY Brands as the company seeks to expand its snacking portfolio. BFY produces the better-for-you snacks at it manufacturing […]

Hostess Brands to acquire Canadian cookie company Voortman for US$320m

USA – Hostess Brands has entered into an agreement to acquire Voortman, a Canadian maker of cookies and wafers, from Swander Pace Capital for approximately US$320 million (C$425 million). Hostess believes that the acquisition of […]

PepsiCo Australia switches to canola oil to reduce saturated fats content in Snacks

AUSTRALIA – PepsiCo has announced that it has changed the cooking oil for majority of its snack brands in Australian to canola oil, in a move aimed at reducing the saturated fat content in Doritos, […]

Kellogg’s reports decline in profits amid lower sales in North America

USA – Kellogg’s, the Corn Flakes and Rice Krispies owner reported a 33.4 percent decline in profits in its third quarter as net sales in its largest market, North America, declined by 6%. The company’s […]

Consumer goods company ITC to invest US$67m in a new food processing site in India

INDIA – Indian multinational conglomerate company, ITC will be investing US$67.53 million (Rs 700 crore) in setting up a new food processing facility in Madhya Pradesh, central India. Speaking during a recent investor summit in […]

Kind acquires Creative Snacks to expand in the health and wellness market

USA – New-York based snacks manufacturer, Kind Healthy Snacks has acquired Creative Snacks as the company seeks to expand its share of the healthy snacking market through a new broadened product portfolio and multi-brand approach. […]

Valeo Foods completes acquisition of Campbell’s crisps business in Europe

IRELAND – Irish food group, Valeo Foods has closed the acquisition of European chips business from the Campbell Soup Company for approximately US$80 million. The acquisition, which was announced in September this year, includes Kettle […]

Ferrero affiliate completes acquisition of Kelsen snacks business from Campbell

LUXEMBOURG – CTH, a Belgian holding company affiliated with the Ferrero Group, has completed its acquisition of Kelsen Group from the Campbell Soup in a US$300 million transaction, subject to customary adjustments. The deal, which […]