Kraft Foods Group Archives - Just Food
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Kraft Foods Group

US food stocks lift on 3G Capital M&A talk 

US food stocks lift on 3G Capital M&A talk 

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, Mondelez to face wheat price-fixing suit 

Kraft Heinz, Mondelez to face wheat price-fixing suit 

Kraft Heinz Co. and Mondelez International have been named in a second lawsuit alleging the illegal manipulation of wheat futures by the former Kraft Foods Group after a federal court in Chicago refused a motion to dismiss. 

The year in review – the news that shook the food industry in 2015

The year in review – the news that shook the food industry in 2015

The creation of Kraft Heinz was the stand-out M&A story of the year, although there were plenty of other significant deals, including JBS's move for European meat group Moy Park, the sale of Quorn Foods to Philippines-based Monde Nissin and Nomad Foods' two transactions in European frozen food. Elsewhere, Nestle was rocked by the Maggi recall in India, while it and a number of other companies - including Hershey - suffered amid China's economic slowdown.