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Tag: Billion

Potato chips drive $22 billion U.S. salty snacks market

  • By R. Daneel Olivaw
  • 9 March, 2016
  • No Comments

Balancing the salty-but-healthy snack mix is a major key in appealing to consumers over the next few years, according market research publisher Packaged Facts in the new report “Salty Snacks … Continue Reading →

Sysco to acquire Brakes Group for $3.1 billion

  • By R. Daneel Olivaw
  • 23 February, 2016
  • No Comments

Sysco, a foodservice distributor, has reached a definitive agreement to acquire Brakes Group, a European foodservice distributor with operations in the United Kingdom, Ireland, France, Sweden, Spain, Belgium, and Luxembourg. … Continue Reading →

President Obama’s 2017 budget to invest $26 billion in food safety, health

  • By R. Daneel Olivaw
  • 12 February, 2016
  • No Comments

U.S. President Barack Obama’s 2017 fiscal year budget, released on February 9, matched the growing attention to food safety in the United States across multiple departments. IFT Daily News

ChemChina to acquire Syngenta for $43+ billion

  • By R. Daneel Olivaw
  • 3 February, 2016
  • No Comments

Syngenta, a Swiss-based agriculture company, has announced that Beijing-based ChemChina has offered to acquire the company at $ 465 per ordinary share plus a special dividend of CHF 5 to … Continue Reading →

WTO COOL ruling to allow $1 billion in retaliatory tariffs

  • By R. Daneel Olivaw
  • 16 December, 2015
  • No Comments

According to The Wall Street Journal, the World Trade Organization (WTO) has ruled that Canada and Mexico can impose $ 1.01 billion in retaliatory tariffs on U.S. goods for country-of-origin … Continue Reading →

Investment group acquires Keurig for nearly $14 billion

  • By R. Daneel Olivaw
  • 9 December, 2015
  • No Comments

Keurig Green Mountain agreed to sell itself for nearly $ 14 billion to an investment group led by JAB Holding Co., a Luxembourg-based company that already owns a controlling stake … Continue Reading →

TreeHouse Foods to acquire ConAgra’s private label business for $2.7 billion

  • By R. Daneel Olivaw
  • 3 November, 2015
  • No Comments

TreeHouse Foods has signed a definitive agreement to acquire ConAgra Foods’ private brands operations. IFT Daily News

Snyder’s-Lance acquires Diamond Foods for $1.9 billion

  • By R. Daneel Olivaw
  • 28 October, 2015
  • No Comments

Snyder’s-Lance and Diamond Foods have entered into a definitive agreement under which Snyder’s-Lance will acquire all outstanding shares of Diamond Foods in a cash and stock merger transaction for approximately … Continue Reading →

AB InBev to acquire SABMiller for $104 billion

  • By R. Daneel Olivaw
  • 14 October, 2015
  • No Comments

According to Reuters, Anheuser-Busch InBev and SABMiller have agreed in principle to one of the biggest mergers in corporate history after a near month-long courtship resulted in SABMiller accepting an … Continue Reading →

Palm oil market to be worth $88 billion by 2022

  • By R. Daneel Olivaw
  • 27 July, 2015
  • No Comments

The global palm oil market is expected to be worth $ 88 billion by 2022, according to a new study conducted by Grand View Research. IFT Daily News

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