Reuters — General Mills on Monday said it saw record demand for its pantry staples, becoming the latest packaged food maker to see business spike during the COVID-19 pandemic, as […] Read more
Packaged-food majors see sales spike in pandemic
Big brands may benefit from larger, more secure supply chains
Nestle to buy Canadian nutrition firm Atrium
London | Reuters — Nestle is buying Canadian vitamin and nutritional supplement maker Atrium Innovations for US$2.3 billion, expanding its presence in consumer healthcare as it seeks to offset weakness […] Read more
Reckitt cuts the (French’s) mustard with food business sale
London | Reuters — U.S. spices maker McCormick and Co. Inc. has won the battle to buy Reckitt Benckiser Group’s North American food business, paying a higher than expected US$4.2 […] Read more
French’s owner kicks off food business sale process
London | Reuters — The sale of Reckitt Benckiser Group’s North American food business, which could fetch more than US$3 billion, has kicked off with information packages going out to […] Read more
Post tucks into British breakfast cereal Weetabix
London/Shanghai/New York | Reuters — Post Holdings is buying leading British breakfast cereal brand Weetabix from China’s Bright Food Group for 1.4 billion pounds (C$2.4 billion), giving the U.S.-focused company […] Read more
Four food firms said preparing bids for Weetabix
London | Reuters — The third-biggest U.S. cereal company, Post Holdings, and the U.K.’s Associated British Foods are among a group of four bidders vying for British cereal brand Weetabix, […] Read more
Syngenta sees no sale of ChemChina’s Adama to smooth merger
Davos, Switzerland | Reuters –– Syngenta, the Swiss pesticides and seeds group being taken over by ChemChina, does not expect antitrust regulators to force the Chinese state-owned company to put […] Read more
SABMiller investors approve takeover by AB InBev
London/Brussels | Reuters — SABMiller shareholders overwhelmingly backed the brewer’s takeover by Anheuser-Busch InBev on Wednesday, clearing the last big hurdle for one of the largest corporate mergers in history. […] Read more
Investor group launches campaign to curb antibiotic use in food
Reuters — Fifty-four large investors managing one trillion pounds (C$1.84 trillion) in assets have launched a campaign to curb the use of antibiotics in the meat and poultry used by […] Read more
Labatt’s owner wins over SABMiller at fifth attempt
Brussels/London | Reuters –– The world’s two biggest brewers agreed on Tuesday to create a company making almost a third of the world’s beer after SABMiller received an improved offer […] Read more
Cyber-Savvy Farmer
