'Another step in our growth strategy': Molinos acquires La Salteña from General Mills
Argentinian company Molinos Rio de la Plata has acquired La Salteña from General Mills for an undisclosed sum.
Archives for January 22, 2019
Private equity firm acquires majority stake in Nigeria’s largest bakery business
Private equity firm Vectis Capital has bought a majority stake in Leventis Foods, Nigeria's largest manufacturer of breads and snacks, for $12m.
Hostess, B&G and Ferrero allegedly bid on Kellogg’s cookies and snacks businesses
The three majors are purportedly among those eyeing to hedge in on Kellogg’s cookie and fruit snacks businesses.
Thailand’s artificial trans fats ban implementation well-received by PepsiCo and food industry
Thailand has become the first ASEAN country to implement a ban on artificial trans fats after the ban came into force last week. So far, it has been well-received by potato chips manufacturing giant PepsiCo (under brands such as Lay’s and Cheetos) and...
VIDEO The secret to success in the snacks aisle? Keep it simple, and focus on longer-term trends, says The Daily Crave
Tempting though it can be to jump on every culinary or nutritional trend, from adding collagen or CBD to embracing keto or Paleo diets, successful snack brands tend to have a longer-range strategy, says the founder and CEO of Folsom, CA-based chips brand...