US food and beverages giant PepsiCo acquisition of South Africa-based Pioneer Foods has been cleared by competition authorities, said GlobalData. The final hurdle was overcome when the UK’s Competition and Markets Authority (CMA), which was reviewing the deal because of competition concerns in the country’s cereal market, added its approval to the earlier all-clear given … Continue reading PepsiCo’s buys new business in South Africa
Orkla, Pernod Ricard, Nestlé, Asahi, PepsiCo, Lactalis, Anheuser-Busch InBev, Azelis, Berlin Packaging, Kirin and Waterlogic were the most acquisitive companies of 2019, according to the bevblog.net food and drink transactions database, with each responsible for five or more takeovers. Archer Daniels Midland, Bimbo, Diageo, Emmi, JBS and Refresco all made four purchases. Campbell Soup was … Continue reading Australia in top five of biggest sellers of food & bev businesses in 2019
Celoni will assume responsibility for the snacks and beverages portfolios, including local brands Smith’s, Red Rock Deli and Bluebird; and international brands Pepsi, Gatorade and Doritos.
Pepsi has been awarded both the 2015 Supply Chain Management Award and the 2015 Storage & Materials Handling Award by the Supply Chain & Logistics Association of Australia in Sydney.
According to a Reuters report this morning, PepsiCo and Coca-Cola are in talks to invest in Chobani for as much $USD 3 billion for between 10 per cent and 20 per cent of the yogurt maker’s equity.