In just over a month since the company’s merger, the Kraft Heinz Company announced it will slash 2,500 jobs in the US and Canada in an effort to cut costs, according to the Associated Press.
With approval already granted from the US Department of Justice, the European Commission granted conditional clearance for Cargill to acquire Archer Daniels Midland's chocolate business in Europe, completing the regulatory approval process.
Peacock Engineering Company has entered into an agreement to acquire Anaheim, CA-based L&L Foods, a provider of high-volume, single-serve/portion-control packages of food products.
Air treatment solutions company Munters AB announced this week it signed an agreement to HB Group, an international company that specializes in customized hygienic climate control systems for the food and dairy industries.
Multinational snack food conglomerate Mondelez Internationa, Inc. and D.E. Master Blenders 1753 B.V. have completed the transactions to combine their coffee businesses, creating the new company Jacobs Douwe Egberts.