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Food & Beverage

Australian brewery launches bid for Coca-Cola Amatil

November 17, 2008
Lion Nathan Ltd, Australia''s second-largest brewer, launched a A$7.6 billion bid for soft drinks group Coca-Cola Amatil, the latest move in a wave of industry consolidation, according to Reuters. The
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Crown Holdings to close plants 2 Canadian plants

November 17, 2008
Packaging products distributor Crown Holdings, Inc. has announced that it will close two Canadian plants, moves that will likely lead to job cuts among the 175 workers at the facilities,
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PepsiCo to spend $1 billion in China over next 4 years

November 3, 2008
Beverage and snack maker PepsiCo Inc. will invest $1 billion in China over the next four years to expand its manufacturing capability, research and development and sales force in the
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Grupo Modelo files notice of arbitration against Anheuser-Busch over sale to InBev

October 16, 2008
Grupo Modelo has filed a notice of arbitration against its part owner, Anheuser-Busch Cos. Inc., saying that the company''s pending sale to InBev violates their investment agreement, as reported by
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Foster''s prepares takeover defense

October 6, 2008
Foster''s Group Ltd, Australia''s largest brewer, could become the next player in the global consolidation of the beer industry after the company appointed advisers to help with a takeover defense,
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Coca-Cola plans layoffs this year

October 6, 2008
The Coca-Cola Co. is cutting information technology jobs in a bid to become more efficient, according to the Associated Press. The IT department has 1,100 employees. They will be notified
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Campbell Soup completes sale of French business

September 30, 2008
Campbell Soup Co. completed the sale of its condiments business in France, the Associated Press reported. The company sold its Generale Condimentaire business to Lesieur, which is indirectly held by
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Japan lifts ban on imports from 2 US beef packers

September 19, 2008
Japan has lifted a ban on beef imports from two U.S. meat packers after reviewing the companies'' steps to improve safety measures following unauthorized shipments that contained parts believed to
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Guinness brings brewery back to Ireland

September 15, 2008
Irish beer giant Guinness is going back to its country roots. The Associated Press reports that the company announced it will build its new flagship brewery west of Dublin in
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Kellogg acquires assets of contract snack maker IndyBake

September 11, 2008
According to the Associated Press, food maker Kellogg Company has acquired the assets of IndyBake Products LLC and Brownie Products Company, a contract snack manufacturing business. Financial terms were not
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