Archives for February 14, 2013

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Dean Foods commends Fresh Dairy Direct Q4 performance

By Mark Astley

US dairy giant Dean Foods has reported better-than-expected profit for the last three months of 2012 – a result it has attributed to better “cost control and effective pricing” from its Fresh Dairy Direct business.

CONSTELLATION BRANDS APPEARS CLEAR WINNER UNDER REVISED DEAL TERMS

AB InBev agrees $2.9bn asset sale to shake off Feds over Modelo deal

By Ben BOUCKLEY

Anheuser-Busch InBev (AB InBev) has agreed to sell a massive Grupo Modelo brewery to Constellation Brands as part of a $2.9bn transaction, to defuse a US legal fight over its takeover of the Mexican brewer.

CEO LARRY YOUNG WARNS ATTACKS ON CARBONATES WILL CONTINUE

Dr Pepper Snapple risks ‘big swing’ on critical TEN calorie platform

By Ben BOUCKLEY

Dr Pepper Snapple CEO Larry Young warns that US health lobby attacks on carbonates will persist, as his firm gears up to spend millions marketing new 2013 launches on its ‘critical’ low-calorie TEN platform.