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Food Distributors

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  • Deals of the day- Mergers and acquisitions Monday, 20 Oct 2014 | 4:06 PM ET

    **Platform Specialty Products Corp said it would buy Arysta LifeScience Ltd for about $3.51 billion, Platform's third acquisition this year as the company looks to strengthen its agrichemicals business. **The top two lawmakers on the Senate's antitrust panel have urged regulators to scrutinize food distributor Sysco Corp's planned purchase of rival U.S....

  • WASHINGTON, Oct 20- The top two lawmakers on the Senate's antitrust panel have urged regulators to scrutinize food distributor Sysco Corp's planned purchase of rival U.S. Foods for $3.5 billion. Sysco and U.S. Foods are the only companies with the geographic reach to offer nationwide contracts to deliver a wide variety of goods from napkins to eggs to cleaning...

  • 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.

  • Engineered food fight spending booms in first half Wednesday, 3 Sep 2014 | 6:14 AM ET
    Wheat grows in a test field at Oregon State University (OSU) in Corvallis, Oregon.

    Opponents of mandatory labeling for foods made with genetically modified organisms spent roughly three times their spending in all of 2013.

  • CEO resigns amid dog-kicking scandal Tuesday, 2 Sep 2014 | 11:50 AM ET

    The CEO caught on surveillance video kicking a small dog has resigned, his company announced Tuesday.

  • 4 indicted at slaughterhouse for cancer-ridden beef Tuesday, 19 Aug 2014 | 8:05 AM ET

    Four officials at a California slaughterhouse allegedly slaughtered diseased cows while inspectors were on lunch breaks and distributed the beef.

  • Another craft brew booms...Soda! Saturday, 2 Aug 2014 | 3:00 PM ET
    Appalachian Brewing Company’s flagship root beer.

    Craft soda may be little, but as local companies get picked up by Walmart and big players boost profits, it proves fierce.

  • Don't believe the hype—a kale crisis is bunk Thursday, 24 Jul 2014 | 2:55 PM ET
    Northern Spy Food Co.’s kale salad.

    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..

  • Look who's taking on Coke and Pepsi in Asia Wednesday, 23 Jul 2014 | 11:59 AM ET

    AJE Group, the company that owns Big Cola, is battling Coke and Pepsi in Asian and Latin American markets. Financial Times reports.

  • Produce contamination scare not so peachy Tuesday, 22 Jul 2014 | 10:19 AM ET

    Wawona Packing says no illnesses have been reported from a listeria scare of some of its produce, and the nationwide recall is a precaution.

  • Craft coffee is brewing up market share Friday, 18 Jul 2014 | 3:29 PM ET

    Expensive beans are driving up the prices of coffee, but many consumers are shifting to higher-priced specialty coffee.

  • Chicken price up— blame fat roosters who won't mate Wednesday, 9 Jul 2014 | 1:00 AM ET

    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.

  • Not enough preservatives?! Velveeta recalled Friday, 20 Jun 2014 | 7:47 AM ET

    Velveeta, a processed cheese, is getting yanked off the shelves in 12 states for not having enough preservatives.

  • Food companies to keep gobbling up rivals Tuesday, 3 Jun 2014 | 11:42 AM ET
    Tyson Food and Hillshire Brands food products

    There will likely be more food industry mergers in the months ahead, analysts say. Here's why.

  • 1.8M pounds of ground beef recalled for E. coli Monday, 19 May 2014 | 10:45 AM ET
    Ground beef in a meat department of a supermarket.

    At least 11 people are sick in four unnamed states with E. coli infections, Food Safety and Inspection Service officials said.

  • Texas delegation woos Sriracha plant Monday, 12 May 2014 | 5:30 PM ET

    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.

  • Taco Bell's waffle taco.

    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.