PepsiCo - food industry company news 
Best bits: Food makers look ahead to another tough year
6 February 2012
2011 was a year of low consumer confidence, pressure from raw material costs and ever-increasing demands from retailers. This year is set to see more of the same.
BRAZIL: Former ConAgra president to replace Seara's Bonassi
30 January 2012
Brazilian meat giant Marfrig has appointed a former president of ConAgra Foods to head up its Seara subsidiary.
US: Biscotti firm Nonni's buys Canadian biscuit firm V.I.S.
25 January 2012
US-based biscotti maker Nonni's Foods has acquired Canadian biscuit firm V.I.S, maker of the Thinaddictives brand.
UK: PepsiCo launches Walkers 'mystery flavours'
23 January 2012
PepsiCo has launched three mystery flavours for its Walkers crisps brand in the UK.
INDIA: PepsiCo launches low-fat Lay's Baked crisps
20 January 2012
PepsiCo has launched reduced-fat Lay's Baked crisps in India with an eye to wooing the country's young women.
US: PepsiCo signs Quaker soccer sponsorship deal
18 January 2012
PepsiCo has signed a sponsorship deal for its Quaker cereals brand with the Chicago Fire soccer club in the US.
US: PepsiCo board "back Nooyi"
13 January 2012
PepsiCo's board of directors has said it will support the company's CEO Indra Nooyi, despite suggestions of internal unrest and questions over her strategy for the firm, according to reports.
CZECH: PepsiCo in talks with Tesco after pulling products
13 January 2012
PepsiCo and Tesco's Czech divisions are locked in talks after the US food and drink giant decided to stop supplying the UK retailer's stores in the country.
UK: PepsiCo adds toppings to Quaker porridge range
9 January 2012
PepsiCo has added two products containing toppings to its Quaker porridge pots range on sale in the UK.
Editor's choice: the highlights on just-food this week
6 January 2012
just-food's first week back after the Christmas and New Year break included PepsiCo brushing off a US report of plans to cut 4,000 jobs, UK seafood firm Young's Seafood shedding over 500 posts and Arla Foods pledging to expand in Scotland - but saying the move could still affect employees. In the week between Christmas and New Year, we saw China's food sector rocked by its latest safety scandal, with news that dairy group Mengniu Dairy produced milk containing a carcinogen. Click on the headlines for more.
US: PepsiCo claims talk of 4,000 job cuts "inaccurate"
5 January 2012
PepsiCo has denied reports that it is looking to cut around 4,000 jobs and reduce pension contributions in a bid to boost earnings.
2011 in review - M&A activity fails to meet expectations
22 December 2011
A year ago, there was consensus that M&A activity would pick up in 2011. As we look back on the last 12 months, there were some major deals but concern over the economy meant the numbers of deals fell short of expectations. Dean Best reports.
Editor's choice: the highlights on just-food last week
19 December 2011
Industry watchers have forecast further consolidation in the confectionery sector but there has been an absence of major deals in 2011 - until today, when Scandinavian candy makers Cloetta and Leaf International announced plans to merge. Elsewhere in Europe this week, Carrefour tabled a bid to buy French franchise partner Guyenne et Gascogne. Findus Group's French operations, meanwhile, grabbed the headlines with news that private-equity owner Lion Capital ended talks to sell the business to rival buy-out house Permira. And Diamond Foods' deal to buy snacks brand Pringles looks uncertain amid news that the SEC is to investigate crop payments made at the company.
Quote, unquote: just-food's week in words
19 December 2011
This week, Swedish confectionery companies Cloetta and Leaf International revealed plans to merge. Elsewhere, Carrefour announced plans to buy its French retail franchise partner Guyenne et Gascogne and on this side of the Channel, Premier Foods sold off another division, this time in Ireland to The Boyne Valley Group.
US: PepsiCo heads back to basics as pressures mount
14 December 2011
PepsiCo's "indulgent" businesses remains important to the company, a senior executive has assured investors, amid concerns that the US food and drink giant is focusing too much on healthier products.
Editor's choice: the highlights on just-food last week
12 December 2011
There would have been weary sighs in retail boardrooms this week after India's government suspended plans to open up its retail sector to more overseas investment. It was, Tesco CFO Laurie McIlwee claimed, a "missed opportunity" for India. McIlwee, meanwhile, also faced questions about Tesco's UK operations, which reported another quarter of falling sales. Elsewhere, Wal-Mart, another retailer that could benefit from reform in India, raised eyebrows when it admitted it had opened an investigation into bribery allegations within its international operations.
Category crunch: Brazilian biscuit firms look to M&A, NPD to drive growth
6 December 2011
In part two of just-food's Category crunch on Brazil's biscuit sector, Paula Krizanovic argues that, with volumes slowing, acquisitions and product innovation will be key ways for local and multinational players to drive growth in a competitive market.
Category crunch: Brazil's biscuit makers jostle as growth eases
5 December 2011
Biscuit sales in Brazil jumped by almost 40% between 2005 and 2010 but, in a fragmented market, competition has proven tough and there are signs that growth - while still healthy - is slowing. In just-food's latest Category crunch article, we look at how the industry's largest players are reacting.
Quote, unquote: just-food's week in words
5 December 2011
India's plan to relax restrictions on foreign investment in its retail sector continued to generate fierce debate this week. Two other contentious issues - the EU health claims process and the true potential of intense sweetener stevia - were also covered on just-food this week, as was the latest attempt by Nestle to eradicate child labour in cocoa production.
On the money: Ralcorp predicts positive Post performance
2 December 2011
Executives at Ralcorp Holdings remain confident about the future of branded cereal business Post, despite company-wide annual losses of US$187m.
US: PepsiCo lines up more Gatorade NPD
1 December 2011
PepsiCo has told just-food that it is looking to innovate further with its Gatorade sports brand.
US: Brynwood Partners buys PepsiCo's Kretschmer brand
1 December 2011
US private-equity firm Brynwood Partners' newly-formed company Sun Country Foods has acquired the Kretschmer wheat germ brand from PepsiCo.
Logistics - how a stagnant economy has changed the supply chain
30 November 2011
This month's just-food management briefing looks at logistics in the food industry. Part one considers the impact of a climate of low economic growth and high operating costs on food groups' and retailers' supply chains. Are these difficult market conditions stimulating the emergence of new ways of organising food logistics ?
Logistics - the food sector's sustainability initiatives
30 November 2011
High petrol prices and the increasing importance of sustainability has prompted the food industry to try out new - and often innovative - methods of transporting their wares to customers, as well as search for ways to enhance their existing logistical operations. Stuart Todd takes a look at the schemes food manufacturers and retailers have adopted to reduce both their carbon footprint and transport costs.
Best bits: Nooyi has PepsiCo on the right track
21 November 2011
Investors and analysts clamouring for change at PepsiCo should beware the pull of short-term financial gain and recognise the long-term benefit of the company's focus on nutrition, writes Dean Best.
Quote, unquote: just-food's week in words
21 November 2011
There was increasing speculation over the future strategies of PepsiCo and Unilever this week, with talk the structure of the two companies could change. HJ Heinz, meanwhile, is undergoing its own period of change and announced plans to close three more factories.
Editor's choice: the highlights on just-food this week
21 November 2011
Uncertainty surrounds PepsiCo at the moment, with rumours that some directors now want the US food and drink giant to examine whether to split the company in two - a move some analysts and investors demand. CEO Indra Nooyi is reported to be against such a move and is said to be lining up acquisitions to bolster the company. Elsewhere, Unilever again faced claims that it would look to offload more food brands and HJ Heinz said it would close more factories to deal with the "difficult" trading conditions in some markets, Click on the headlines for more.
US: Peltz's Trian Fund "offloads PepsiCo shares"
17 November 2011
Nelson Peltz's Trian Fund Management investment fund reportedly no longer owns shares in PepsiCo.
US: PepsiCo linked to M&A amid rumours of board split
17 November 2011
A bloc of PepsiCo directors are said to want to examine a possible business split - while CEO Indra Nooyi, who is said to be opposed to the move, is reportedly working on two major acquisitions.
Focus: Crunch time on horizon for PepsiCo
16 November 2011
PepsiCo's chairman and CEO, Indra Nooyi, is under pressure, the group's strategic review has been extended and, this week, talk of a business split has been fuelled by the arrival of activist investor Nelson Peltz. So, asks Michelle Russell, what's eating PepsiCo?
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