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Nestlé said Tuesday that it had agreed sell its U.S. confectionery brands to the Italian confectioner Ferrero for $2.8 billion in cash.
The new hi-tech line is powered by liquefied natural gas, significantly reducing the brewery’s fuel usage, which will result in a 6,000 tons of annual reduction of greenhouse gas emissions.
Two significant year-end acquisitions in the snack category will further alter the CPG landscape with another round of consolidations.
The expanded location offers an interactive, destination shopping experience.
The retailer merged segments to deliver revenue and cost synergies.
Dole was named one of the top U.S. food brands in an analysis of consumer conversations by Engagement Labs.
Recent product development and positioning in frozen foods reflect current overall food trends like clean labels and international and regional flavors.
Small and midsize CPG companies are increasing the number of successful new product launches.
Packaged salads dollar and volume sales increased more than 20 percent in the past year.
Sales are up 36 percent from 2015, as health supplements, pet care and cosmetics dominated in 2016.
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