Consumer Packaged Goods Broker News: Anheuser-Busch InBev to get OK on Modelo purchase

Hostess bread brand is purchased by Bimbo Bakeries USA | PepsiCo seeks patent for 4-ounce high-protein drinks | P&G enjoys cost savings from waste reduction

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April 8, 2013

News for the food, beverage and consumer packaged goods industry

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Hostess bread brand is purchased by Bimbo Bakeries USA
Beefsteak, the rye-bread brand of bankrupt Hostess Brands, has been acquired by Bimbo Bakeries USA for $31.9 million. Flowers Foods also bid for the brand at auction. Food Business Review (4/8)

PepsiCo seeks patent for 4-ounce high-protein drinks
PepsiCo is seeking patent protection for 4-ounce high-protein "hydration units." Dondeena Bradley, vice president of PepsiCo Nutrition Ventures said, "We are going to introduce a product that has protein in it, a complete protein, and in a product that women will love. But it won't show up on a shelf the way you envision it." BeverageDaily.com (France) (4/5)

P&G enjoys cost savings from waste reduction
Procter & Gamble says efforts to reduce waste and increase recycling and waste-to-energy conversion have resulted in more than $1 billion in savings over five years. The company says it has 45 sites globally that send no waste to landfills. The Guardian (London) (4/2)

Anheuser-Busch InBev to get OK on Modelo purchase
The U.S. Justice Department is expected to approve the second-largest beer deal ever, allowing Anheuser-Busch InBev to purchase Grupo Modelo for $20.1 billion. To reach the agreement, Anheuser-Busch InBev said it would sell assets worth $2.9 billion to Constellation Brands, including a Modelo brewery in Mexico and U.S. licensing rights to five Modelo brands. The Wall Street Journal (4/5)

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More King Kullen stores will deliver
King Kullen Grocery stores on the east end of Long Island, N.Y., will begin offering delivery. "When you go online, you can order right off a menu of items," said Tony Femminella, vice president of store operations. "Then you can either select a time slot for pickup at the store, which will be at a separate entrance in the rear, or you can schedule a delivery." The Sag Harbor Express (N.Y.) (4/3)

NEW REPORT - Coping in the Chaos?
The number, complexity and diversity of cyber threats is soaring. 91% of organizations have directly experienced at least one cyber threat in the past year. Yet despite evidence of the dangers, over 40% of businesses feel underprepared for the threats around them. Be ready for what's next and ensure your company is protected by downloading this global IT report.

Hot Topics

Tea grows more popular as science shows health benefits The Washington Post

Pinnacle goes public with year's third-largest IPO The Wall Street Journal

Diet Pepsi spreads its feathers with new peacock can design Adweek

Consumer product companies turn to vitamins to boost sales The Wall Street Journal

Nestle aims to Outshine with new low-cal frozen fruit bars Drug Store News

Health & Wellness

Food-makers are urged to increase potassium and reduce sodium
Food-makers should cut sodium and add potassium to improve Western diets, according to studies published in the journal BMJ. One study found a 24% reduction in stroke risk among people who eat a high level of potassium, and the other found improvement in blood pressure among people who reduce sodium intake. FoodNavigator (4/5)

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GMA News

Last day to for hotel reservation for Consumer Complaints Conference
On May 8-10 in San Francisco, attendees will get a fresh look at some of the most innovative and successful customer service practices in the food, beverage and consumer packaged goods industry by attending the 2013 Consumer Complaints Management Conference. Participate in consumer-focused sessions such as:

Complaint Levels -- How Good is Good...and Is it Good Enough?
Handling the Unhappy: Today’s Best Practices in Managing Customer Complaints
Product Liability 101 for Claims Handlers
Laboratory Testing and Resolving Consumer Complaints
Six Sigma in the Modern Contact Center
Turn Complainers into Loyal Customers Using Social Media & Voice of the Customer Analytics
The 7 Rules to Regaining Customer Service Goodwill after Customer Service Failures
Protecting Your Brand: Pre, During and Post Recall
Improving the Consumer’s Ability to Report Food Safety Concerns to USDA and FDA
Consumer Complaint Management Roundtable: Practices and Procedures to Protect Your Brand

Deadline for hotel room reservations ends today -- reserve your spot now!