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Beverage Industry Blog 07/19/2019 12:13
Five years after the end of their franchise agreement in South Africa, PepsiCo and Pioneer Foods have reunited through the soft drinks group's US$1.7bn acquisition today.
More from Beverage Industry Blog: 07/19/2019 06:06
This transaction creates a leading food and beverage company in Africa, led from South Africa, with a commitment to supporting sustainability and local suppliers.
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The Star (Africa) 07/19/2019 05:11
In a joint statement, the companies said the transaction was one of PepsiCo’s largest acquisitions outside the United States and a demonstration of its belief in South Africa’s potential and of its long-term commitment to the country.
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PR Newswire 07/19/2019 02:38
PepsiCo generated more than $64 billion in net revenue in 2018, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana.
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Food Ingredients First 07/18/2019 20:00
According to a statement from PepsiCo, “Pioneer Foods has a robust, locally relevant product portfolio that complements PepsiCo's current lineup, with strong positions in cereals, juices, and other African nutritional food staples.
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The post Fresh Direct Produce acquires Emperor Specialty Foods appeared first on Food Processing Technology.
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Grocery Trader 07/18/2019 07:36
Karl Morris Co-Founder and Director at Bravura Foods also adds “I was a consumer of LoveSeitan before we joined forces, it’s a brand we all believe in heavily at Bravura Foods and we are excited about building its availability in the market.
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Seeking Alpha 07/17/2019 10:00
So even if the net debt wouldn’t decrease (for instance, if Nomad Foods would spend its entire free cash flow of this year on another acquisition), the debt ratio will already automatically decrease to less than 3.40.
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GlobeNewswire 07/16/2019 16:05
Today, Perfect Snacks continues to lead fresh-snacking innovation with Perfect Bar line extensions and the brand’s newest platforms, Perfect Kids™ and Perfect Bites.
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Moodie Report 07/16/2019 07:36
Mondelez World Travel Retail Managing Director Jaya Singh said: “The principles of Trinity will always be the building blocks of growth and prosperity in travel retail.
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