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Items Tagged with 'food and drink industry'
Poultry producer Pilgrim’s Pride confirmed Tuesday it countered the offer by Tyson Foods Inc. in the fight over the acquisition of Hillshire brands, increasing its original proposal by $1.3 billion.
Poultry producer Pilgrim’s Pride is offering to purchase Hillshire Brands in an all-cash transaction valued at $6.4 billion on the condition that the brand forfeits its plans to acquire Pinnacle Foods.
Consumer goods company Unilever announced Thursday its intensions to sell its Ragu and Bertolli past sauce brands to Japanese condiment company manufacturer Mizkan Group.
Sales of organic products in the US took off in 2013, rising 11.5 percent—the fastest growth rate in five years.
With a number of consumers flocking to farmers markets and reaching for natural products at the grocery store, the CDC is urging public officials and consumers to consider the dangers of consuming raw milk or unpasteurized dairy products.