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Allied Industry
The PepsiCo Mexico System announces an investment of 4 billion dollars

The PepsiCo Mexico System announces an investment of 4 billion dollars

The PepsiCo Mexico System, composed of PepsiCo Alimentos México (PepsiCo Mexico Foods, PMF) and its strategic partner Grupo Gepp (Gepp), announced an investment plan of 4 one billion dollars This investment will focus on strengthening

Allied Industry
Nestlé USA to enable further growth in Ice Cream and Pizza by simplifying route to market

Nestlé USA to enable further growth in Ice Cream and Pizza by simplifying route to market

Transition from frozen Direct-Store-Delivery network to warehouse model to be completed in Q2 2020Nestlé USA has announced that it will exit its company-owned frozen Direct-Store-Delivery (DSD) network for its Pizza and Ice Cream businesses and

Allied Industry
HUL announces key appointments to management committee

HUL announces key appointments to management committee

Anuradha joined HUL as a Management Trainee in 1999 and returns to India after a successful stint in UnileverHindustan Unilever Limited has announced the appointments of Anuradha Razdan as Executive Director, Human Resources, and Dr

Allied Industry
Global food premix market to expand at a CAGR of 5.4%, predicts a report by FMI

Global food premix market to expand at a CAGR of 5.4%, predicts a report by FMI

The increasing demand for food fortification backed by growing demand for fortified custom premixes across the regions by various manufacturers, are expected to be the key factors driving market growth for food premixes. In terms

Allied Industry
Herbalife Nutrition reports highest Q1 volume points in company history

Herbalife Nutrition reports highest Q1 volume points in company history

Excluding China, volume points increased 10% compared to the prior year period.Herbalife Nutrition has reported financial results for the first quarter ended March 31, 2019: “In the first quarter of 2019, the momentum of our geographically

Allied Industry
Reddi-wip launches Barista line of cream-based products

Reddi-wip launches Barista line of cream-based products

New, Versatile Nitro Creamer and Sweet Foam Products Roll Out in market this summerReddi-wip, a brand of Conagra Brands, Inc. and the leader in the refrigerated whipped topping category, has moved into the coffee creamer

Allied Industry
Conagra Brands enters into definitive agreement to divest Gelit

Conagra Brands enters into definitive agreement to divest Gelit

Financial terms were not disclosedConagra Brands has announced that it has entered into a definitive agreement to divest its Italian-based frozen pasta business, Gelit (headquartered in Doganella di Ninfa, Italy) to an Italian investment company owned

Allied Industry
AAK increases its shares in Indian joint venture

AAK increases its shares in Indian joint venture

AAK now owns 63.92 percent of AAK KamaniAAK is a leading provider of value-adding vegetable oils & fats. To further strengthen its position in the strategic and fast-growing Indian market, AAK has acquired an additional

Allied Industry
McCain invests $300M in potato processing facility

McCain invests $300M in potato processing facility

This added capacity will require an approximate 11,000 additional acresMcCain Foods USA Inc., a division of McCain Foods Limited, the world’s largest producer of frozen french fries, has announced a $300 million investment in its

Allied Industry
McDonald’s reports First Quarter 2019 Results

McDonald’s reports First Quarter 2019 Results

In the International Operated segment, first quarter comparable sales increased 6.0%, reflecting positive results across all markets, primarily driven by the U.K. and FranceMcDonald’s Corporation has announced results for the first quarter ended March 31, 2019.