Grupo Cutrale and investment firm Safra Group agreed to acquire U.S.-based banana producer Chiquita Brands in a deal valued at $1.3 billion.» Read More
Sept 9- Food distributor Performance Food Group Co filed with U.S. regulators on Tuesday to raise up to $100 million in an initial public offering of common stock. Credit Suisse and Barclays are the lead underwriters of the offering, the Richmond, Virginia- based company told the U. S Securities and Exchange Commission in a preliminary filing.
Sept 9- The parent of White Rose Inc, one of the biggest independent food distributors in the New York City area, on Tuesday filed for bankruptcy and said it had agreed to sell substantially all its assets to C&S Wholesale Grocers Inc, one of the largest privately held U.S. companies.
Opponents of mandatory labeling for foods made with genetically modified organisms spent roughly three times their spending in all of 2013.
The CEO caught on surveillance video kicking a small dog has resigned, his company announced Tuesday.
Four officials at a California slaughterhouse allegedly slaughtered diseased cows while inspectors were on lunch breaks and distributed the beef.
Craft soda may be little, but as local companies get picked up by Walmart and big players boost profits, it proves fierce.
Recent stories reported a coming worldwide kale shortage due to an absence of seeds at Australia's Bejos Seeds. The truth is something else.
SHANGHAI, July 24- China's food regulator has visited close to 600 restaurants, businesses and food distributors as it investigates a fast-spreading food safety scare that has dragged in a number of global brands and hit food outlets as far away as Japan.
SHANGHAI, July 24- China's food regulator has visited close to 600 restaurants, businesses and food distributors, the watchdog said in a statement, in an investigation into a fast-spreading food safety scare. The safety scare has already dragged in U.S. chains McDonald's Corp, KFC-parent Yum Brands Inc and coffee giant Starbucks Corp..
AJE Group, the company that owns Big Cola, is battling Coke and Pepsi in Asian and Latin American markets. Financial Times reports.
Wawona Packing says no illnesses have been reported from a listeria scare of some of its produce, and the nationwide recall is a precaution.
Expensive beans are driving up the prices of coffee, but many consumers are shifting to higher-priced specialty coffee.
Aviagen Group's standard Ross male breed is sire to up to 25 percent of the nation's poultry, and its infertility is a problem for prices.
Velveeta, a processed cheese, is getting yanked off the shelves in 12 states for not having enough preservatives.
There will likely be more food industry mergers in the months ahead, analysts say. Here's why.
At least 11 people are sick in four unnamed states with E. coli infections, Food Safety and Inspection Service officials said.
As the makers of Sriracha battle to stay open in California, legislators from Texas are wooing them to move to the Lone Star State—USAT.
The breakfast battle is on between McDonald's and Taco Bell. The two companies have invested in the market where billions of dollars are at stake.
A tractor-trailer carrying 40,000 pounds of french fries caught fire in a Wal-Mart parking lot in the Maine city of Waterville.
Hedge fund Starboard Value on Tuesday won consent from 54 percent of Darden shareholders to call a special meeting, sources told CNBC.