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News of restaurants and Food industries Companies
b&g foods raises funds
mars launches
kerry foods unveils richmond ad campaign
sara lee removes high fructose corn syrup from two bread products
sysco fourth quarter sales up 13.9%
pepsico to invest $250 million in vietnam over next three years
pepsico to invest us$250m in vietnam
pepsico eyes continued health and functional innovation
bonne maman relaunched
the vending revolution withdraws some snack-a-can brand sweets
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b&g foods raises funds

us food group b&g foods has filed a universal shelf registration statement to sell up to us$600m in stock, warrants and debt securities. the company said on friday (13 august) that it has no specific plans to issue securities under the new self registration statement. b&g foods explained that the move is \"consistent with b&g foods\' acquisition and growth strategy\". raising the funds positions the company \"to move quickly to take advantage of acquisition, financing and other business opportunities when and if such opportunities arise\", it added. more

 Source : just-food.com   Date : 16 August 2010
mars launches

chocolate giant mars inc has launched a \"lighter\" version of its twix bar in the uk. available from next month, twix fino will have a third fewer calories than the standard twix, while a wafer will replace the biscuit in the original chocolate bar. twix fino contains 94 calories per piece. the 34g bar is priced at gbp0.52 (us$0.81) and will initially be available in small independent retailers and branches of wh smith, the co-operative group, budgens and londis across the uk. more

 Source : just-food.com   Date : 16 August 2010
kerry foods unveils richmond ad campaign

kerry foods group has launched what it claims is the firm’s “biggest ever campaign” for its richmond sausages brand. launching today (16 august) under the strapline: ‘the taste that brings them home’, a television commercial will run throughout the autumn as part of the gbp4m (us$6.2m) three-month campaign. “we believe that with both the new packaging and the ‘the taste that brings them home’ campaign, we will significantly enhance visibility and loyalty to the brand, drive sales in store and continue to significantly grow the category,” said derek williamson, marketing director of kerry foods. more

 Source : just-food.com   Date : 16 August 2010
sara lee removes high fructose corn syrup from two bread products

food manufacturer sara lee is reformulating the recipes on two of its bread products in the us to remove high fructose corn syrup. it is reformulating its sara lee soft and smooth white and whole wheat breads varieties to remove the high fructose corn syrup and use sugar instead. in addition, its sara lee soft & smooth 100% whole wheat bread now includes vitamin d. \"sara lee soft & smooth breads are among the best selling breads in the united states and our core audience, parents with children, has indicated that they want product options without high fructose corn syrup\" said jeff dryfhout, director, sara lee north american fresh bakery. more

 Source : just-food.com   Date : 16 August 2010
sysco fourth quarter sales up 13.9%

fourth quarter fiscal 2010 highlights sales were $10.3 billion, an increase of 13.9% from $9.1 billion in the fourth quarter of fiscal 2009. when adjusted to a 13-week basis, sales in the fourth quarter of fiscal 2010 were up 5.8% compared to the prior year period, as discussed below under \"non-gaap reconciliations.\" operating income was $584 million, an increase of 8.1% compared to $540 million in last year\'s fourth quarter. more

 Source : flex-news-food.com   Date : 16 August 2010
pepsico to invest $250 million in vietnam over next three years

\"i am pleased to announce that over the next three years we expect to invest $250 million in our food and beverage businesses in vietnam,\" said mr. saad abdul-latif, chief executive officer of pepsico asia, middle east and africa, to a gathering of employees, business partners and community leaders in ho chi minh city. \"vietnam represents one of pepsico\'s most exciting growth opportunities, and this investment is a reflection of our confidence in this dynamic country and the talented people who live and work here. more

 Source : flex-news-food.com   Date : 16 August 2010
pepsico to invest us$250m in vietnam

us food and drinks giant pepsico is to invest us$250m in vietnam over the next three years, the company announced today (16 august). pepsico plans to use the investment to increase its manufacturing capacity, introduce new products and \"strengthen\" its existing brands. \"vietnam represents one of pepsico\'s most exciting growth opportunities,\" saad abdul-latif, ceo of pepsico asia, middle east and africa, said. more

 Source : just-food.com   Date : 16 August 2010
pepsico eyes continued health and functional innovation

pepsico stands to benefit from \"significant\" investment in functional and healthy products, amid tightening restrictions on the marketing of \'junk foods\' to children, the head of health policy at the company said today (16 august). derek yach, senior vice president of global health policy for pepsico, said the us group had set itself nutrition targets to meet the increasing global focus on reducing childhood obesity. more

 Source : just-food.com   Date : 16 August 2010
bonne maman relaunched

leading premium brand, bonne maman, is being relaunched in australia by national food marketing and distribution business, menora foods. bonne maman, the unrivalled market leader in france with more than 35 percent of market share, is now available in australia at leading independent supermarkets and from september in selected coles stores nationwide. “menora foods is excited to add bonne maman conserves to its range of market-leading brands, and allow australians the opportunity to experience one of the most beautiful and well known french brands in the world,” said assistant managing director, sam schachna. more

 Source : ausfoodnews.com.au   Date : 16 August 2010
the vending revolution withdraws some snack-a-can brand sweets

the vending revolution has withdrawn some fizzy jelly mix and fizzy cola bottles sweets, because the metal bottom of the can that contains the sweets has been inserted the wrong way. this means the sweets might react with the metal base and cause the metal to corrode and the sweets to change colour. snack-a-can brand products are sold by vending machines. the agency has issued a product withdrawal information notice advising anyone not to eat the affected products. more

 Source : food.gov.uk   Date : 16 August 2010
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