Jimmy John’s Sandwiches, a fast-casual restaurant brand in the United States, has announced that an affiliate of Roark Capital Group, an Atlanta-based private equity firm that focuses on franchise and … Continue Reading →
According to Bloomberg, Chobani, the Greek-yogurt maker, has rejected an offer from PepsiCo to take a major stake in the company. IFT Daily News
According to Reuters, U.S. regulators want food companies to be more proactive in preventing foodborne diseases, citing new data showing that multistate outbreaks cause more than half of all food … Continue Reading →
Mondelēz International has completed the acquisition of an 80% stake in Kinh Do, Vietnam’s leading snacks business. IFT Daily News
A new study by the U.S. Centers for Disease Control and Prevention (CDC) shows that during 2007–2010, half of the total U.S. population consumed less than 1 cup of fruit … Continue Reading →
Since the U.S. Dept. of Agriculture (USDA) has reported more than 160 cases involving three deadly strains of avian flu (bird flu) since December, consumers are expressing concerns about avian … Continue Reading →
The U.S. Dept. of Agriculture’s Food and Nutrition Service (USDA FNS) has issued new data showing that 95% of U.S. schools are successfully meeting the updated meal standards made possible … Continue Reading →
Kellogg Co. has acquired a majority stake (85.93%) in Bisco Misr, the number one packaged biscuits company in Egypt for $ 125 million, or $ 12.56 per share (89.86 Egyptian … Continue Reading →
Kellogg Co. has announced it expects to acquire an 85.93% stake in Bisco Misr based upon the number of shares tendered to the company through the Egyptian Stock Exchange as … Continue Reading →
Nearly three in five Americans are not sure whether foods produced through biotechnology are available in supermarkets today. read more Supermarket News
