The speculation linking Kraft Heinz to a possible bid for Mondelez International is casting just-food's mind back seven years and giving it...
Kraft Heinz's third-quarter results won praise from some on Wall Street but the US food giant still faced questions about its performance in...
Zero-based budgeting is not a new concept. It was developed around five decades ago by Peter Pyhrr, an account manager at semiconductor firm Texas Instruments. After being taken up by US president Jimmy Carter in the 1970s, the method fell into obscurity. Recent years have seen it experience a revival in the food industry. In this series of articles, just-food examines zero-based budgeting and asks if it is a miracle diet for packaged food companies seeking a shapelier margin profile.
Mondelez International, the owner of Cadbury, Milka and Toblerone, this week announced the end of its plans to gobble up another chocolate major, US-based group Hershey. Now the prospect of a US$23bn takeover is off the table, industry watchers are speculating about what could be on the horizon for both companies. Dean Best reports.
Hershey turned down a takeover approach from Mondelez International last week (30 June). At US$107 per share, the cash-and-shares offer valued the Reese's Pieces maker at approximately US$22.83bn. Here is just-food's summary of what you need to know about the deal.
A group of 60 institutional investors has written to 15 food and drink companies urging improvement in how they manage and report on water risk in their own operations and in their supply chains. Ben Cooper reports.
Kraft Heinz has furthered cut the salt in the Heinz tomato ketchup on sale in the UK that contains lower levels of salt and sugar than the standard variant.
Kraft Heinz is expanding its Velveeta cheese brand into the frozen aisles in the US with the launch of two snack products.
Shares in Mondelez International jumped in after-hours trading in New York yesterday (14 December) after reports surfaced Kraft Heinz could be preparing a takeover attempt for the Oreo and Cadbury owner.
Kraft Heinz, has denied claims in Egypt its local business has used "rotten tomatoes" to produce its namesake ketchup in the country.
Kraft Heinz has urged its shareholders to reject an unsolicited "mini-tender" offer from investment fund TRC Capital Corporation.
Greencore plans to quadruple its sales in the US with the US$748m acquisition of convenience food group Peacock Foods.
Shares in US food majors including Mondelez International and General Mills rose yesterday (8 November) after Brazilian reports suggested investment firm 3G Capital is raising US$8-10bn to fund more acquisitions.
Kraft Heinz booked higher third-quarter profits as aggressive cost cutting continued to offset lower sales.
Kraft Heinz has launched Heinz Power Sprouts, a high-nutrition health drink "enriched with the power of sprouted grains", in India.
Coca-Cola Amatil is reportedly preparing to sell its Australian fruit and vegetable unit, SPC Ardmona, next year.
Kraft Heinz has called on UK grocers to remember the "importance" of innovation in growing sales as they "re-set" their ranges, moves they believe will make the shopping trip simpler and help alleviate the competitive threat of discounters Aldi and Lidl.
Kraft Heinz is adding a new line of products to its US pudding mix brand Jell-O that contain "real ingredients".
A coalition of 40 institutional investors representing US$1.25trn in funds is urging 16 multinational food companies – including Kraft Heinz, Unilever, General Mills and Nestle – to take action on the "material risks" posed by industrial animal production.
A breakdown in talks that led to a number of Kraft Heinz products being temporarily delisted in the Netherlands by newly-merged supermarket operators Ahold and Delhaize, has been resolved, just-food was told today (20 September).
Kraft Heinz has decided to keep open a site in the US it had earmarked for closure last year.
Pinnacle Foods is suing Kraft Heinz in the US over an alleged trademark infringement after the launch of the Devour frozen ready-meal range.
Kraft Heinz has rolled out a range of ready meals in the US under a new brand, Devour.
Australian health campaigners have warned prepared meals aimed at toddlers in the country are "too salty", with children consuming their entire recommended daily intake of salt in a single meal.
Shares in Kraft Heinz rose in after-hours trading in the US yesterday (4 August) after the beans and soup maker upped its quarterly dividend and booked underlying second-quarter earnings that beat Wall Street expectations.
Kraft Heinz has officially launched Planters peanuts in China, claiming consumers are becoming more interested in nuts as they look to eat more healthily.
Kraft Heinz is launching a line of beans and pulses, Heinz Creationz, in the UK.
Kraft Heinz is launching its first new flavours of Heinz Pickle Chips in the US in more than half-a-century.
Kraft Heinz announced today (15 July) that it is launching a range of quick hot meals to boost its presence in the category.
Kraft Heinz is expanding its Duo Pots Pasta range with the introduction of some more cartoon characters.
Market speculation over a possible takeover of Kellogg surfaced this week, with the snacks-to-cereal maker linked to both Kraft Heinz and Coca Cola Co.
Kraft Heinz has won through in a court case over the rights to the Dip & Squeeze packets used for its Heinz tomato ketchup.
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Infant formula is either a partial or a complete replacement for breast milk for infants aged under one- year old....
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