ASX-listed food manufacturer Goodman Fielder has this afternoon given an update on progress of the divestment of their commercial fats and oils business. The firm announced plans to sell the business earlier...

PepsiCo has continued in its bid to acquire its two US anchor bottlers Pepsi Bottling Group and PepsiAmericas, and remains convinced that there are annual synergies of at least $200 million. After rejections...

PepsiCo announced overnight that it would sue Pepsi Bottling Group (PBG) and some of its directors. The news comes in the wake of PBG, Pepsi’s largest bottler, declining a takeover proposal from...

PepsiCo’s bid to regain control over their distribution in the US has received another blow overnight with bottler Pepsi Americas rejecting their takeover offer. Last month PepsiCo made a takeover...

Australia’s largest food group has announced that it will be shifting their strategic direction to increase focus on consumer brands. The changes will see Goodman Fielder look for suitable buyers...

NestlĂ©’s focus on becoming a health and wellness food group is resonating with consumers, their CEO has told investors at their Annual General Meeting in Switzerland. “The main force behind...

PepsiCo has proposed to acquire all of the outstanding shares of common stock it does not already own in its two largest anchor bottlers, The Pepsi Bottling Group and PepsiAmericas, in a move that has...

Liquorland, Wesfarmers’ largest alcohol chain, has permanently cut their prices in an endeavour to reposition the brand. A Liquorland spokesman told the Australian Financial Review that the price...

The winners of the prestigious 2008 IGD Food Industry Awards were recently announced, highlighting achievements in a wide range of areas from sustainability, health and wellness, supply chain excellence,...

Kraft Foods Inc. has announced positive third-quarter 2008 results as the company executes its three-year turnaround plan. Strong organic net revenue growth of 7.1 per cent was, in part, driven by pricing...