Tuesday, July 26, 2011

Food and drink execs expect M&A for their companies, survey says

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July 26, 2011News for the food, beverage and consumer packaged goods industry

  Company Watch 
 
  • Coca-Cola Hellenic gets OK to buy Nigerian Bottling
    Coca-Cola Hellenic, the second-largest Coca-Cola bottler in the world, has permission from its shareholders to buy the Nigerian Bottling Co. and make it a wholly owned subsidiary. Coca-Cola Hellenic already owns 66.4% of the Nigerian bottler. Reuters (7/25) LinkedInFacebookTwitterEmail this Story
 
  • Other News
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  Trends 
 
  • Survey: 67% of food and drink execs expect M&A for their companies
    In a survey by KPMG, 67% of executives at food and drink companies said they expect their firms to be involved in merger activity during the next two years. A KPMG official said companies will try to sell brands they couldn't divest during the downturn. "It's not like they're desperate to get rid of them, but they really do want to reinvest the money in some brands that make more sense for their strategy," he said. Reuters (7/25) LinkedInFacebookTwitterEmail this Story
  • Research: Sugar doesn't melt, it decomposes
    Scientists at the University of Illinois have reached the conclusion that sugar does not melt, as previously thought, but instead decomposes. "Food scientists will now be able to make more of the desirable flavors because they won't have to heat to a 'melting' temperature but can instead hold sugar over a low temperature for a longer period of time," said one of the researchers. R&D Magazine (7/2011) LinkedInFacebookTwitterEmail this Story
Learn How to Increase ROI with CRM in the Cloud
Decrease costs and improve efficiencies. Learn how one CPG company raised ROI to 56% by deploying a cloud computing solution to replace their aging contact management system and custom spreadsheets, dramatically increasing management and sales productivity and providing greater visibility for strategic decision making. Read the case study now.
  Corporate Social Responsibility 
 
  • Companies tout waste reduction efforts
    Tetra Pak, Nestle UK and Dow Chemical are all taking action to reduce waste in packaging. Tetra Pak is developing packaging made entirely of renewable materials, Nestle has achieved zero waste status at its plant in York, England, and Dow Chemical is teaming with Mitsui & Co. on bioplastics made with sugar cane. Environmental Leader (7/22) LinkedInFacebookTwitterEmail this Story
Scheduling That Works for Employers and Employees: It's Not a Mirage
Download the white paper How Automated Schedule Design and Management Benefits Both Employers and Employees for valuable tips on giving scheduling control and flexibility to employees. The result? Automated scheduling increased employee effectiveness for 84 percent of managers.
  Advertising & Marketing 
  • Kraft stirs up chili partnership
    Kraft Foods and the International Chili Society formed a partnership supporting Kraft's Natural Cheese line. They will cooperate on recipes, contests and events, culminating with the World's Championship Chili Cookoff, set for Sept. 30 and Oct. 1 in Manchester, N.H. MediaPost Communications/Marketing Daily (7/25) LinkedInFacebookTwitterEmail this Story
  Retail Spotlight 
  • Safeway signs on for United Natural Foods distribution
    Safeway banner stores will receive natural, organic and specialty products through a distribution agreement with United Natural Foods. "Our ability to continue to gain market share reflects the ongoing efforts by all of our associates to service our customers' needs and further strengthens our position as the nation's leading distributor of natural, organic and specialty products," said an executive at United Natural Foods. Drug Store News (7/25) LinkedInFacebookTwitterEmail this Story
  Sponsored Content 
 

  Health & Wellness 
  • Food's influence on mood might play a role in emotional eating
    Participants who took saturated fat were more upbeat after listening to sad music and seeing sad faces compared with those who had simple saline solution, according to a study in The Journal of Clinical Investigation. The findings suggest that the stomach might influence a person's mood by releasing hormones, a researcher said. However, the mechanism behind emotional eating is still not clear, experts said. CNN/Health.com (7/25) LinkedInFacebookTwitterEmail this Story
  • Survey: Shoppers are seeking healthy ingredients
    The Shopping for Health survey from the Food Marketing Institute and Prevention magazine finds consumers paying greater attention to healthy ingredients and fortification when shopping for healthful foods. "As schedules become busier and awareness of health issues increase, the consumer demand for healthful options that are quick and easy for families will grow," said Leslie G. Sarasin, FMI president and CEO. FoodNavigator (7/25) LinkedInFacebookTwitterEmail this Story
  GMA News 
Learn more about GMA ->About GMA  |  Issues and Policy  |  Newsroom  |  Events  |  Research and Tools

  Government & Food Safety 
  • FDA investigates possible link between salmonella and papaya
    The FDA warned people to avoid eating Agromod Produce's papaya as it investigates a possible association with a salmonella outbreak in 23 states. The agency said the outbreak has sickened 97 people and hospitalized 10. Agromod voluntarily recalled several brands of papaya that came from Mexico. Reuters (7/25) LinkedInFacebookTwitterEmail this Story
Brand Manager-Red VinesAmerican Licorice CompanyUS - CA
Senior-Level Marketing Opportunities @ Hershey'sThe Hershey CompanyUS - PA - Hershey

  SmartQuote 
The mob is man voluntarily descending to the nature of the beast."
--Ralph Waldo Emerson,
American writer


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