Archives for November 8, 2012

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Mondelēz takes tumble in developing markets

By Oliver Nieburg

Mondelēz International was weighed down by operational issues in Brazil and Russia in the third quarter (Q3) which harmed overall performance in its first results since it split from Kraft Foods in October.

DSM buys Fortitech for €495m; “We are done for awhile”

By Shane Starling

Rampant nutrition business acquirer, Royal DSM, has splashed the cash for the ninth time in two years – this time to the tune of €495m ($634m) on US-based multinational nutrient blending giant, Fortitech (€212m/$270m annual turnover).

Canada food safety revamp approved by agriculture committee

By Carina Perkins

A dramatic overhaul of Canada’s food safety system is nearing final approval by policy-makers. The Safe Foods for Canada Act has been passed by the country’s Standing Committee on Agriculture and Agri-Foods and will now be passed back to the House of...

Americans chomp through the English sandwich

By Kacey Culliney

The English-born sandwich is a stern favorite with American consumers; consumed by a vast majority at least once a week, the Grains Food Foundation says.