At the end of 2020, Mars announced its acquisition of Kind North America, a maker of healthy granola and energy bars.

ADM reported strong Q2 results, with net earnings of $712 million and adjusted net earnings of $754 million. 

The Coca-Cola Company witnessed net revenues accelerate by 42% in Q2 this year, driven by ongoing recovery from the pandemic in several markets.

Global commodities trader Cargill reported a 17% rise in revenue in fiscal year 2021, owing to raised prices for agricultural products. 

Danone has been busy. The company reported a return to growth across all categories in the second quarter after posting a 6.6% net sales increase on a like-for-like basis. 

After a brief stint in the top spot for PepsiCo, Nestlé reclaimed the mantle of top food and beverage producer by revenue in this year’s Top 100 Food and Beverage Companies. Plus, there was a massive jump in revenue reported by Archer Daniels Midland, giving the company enough to vault into the second spot, pushing PepsiCo down to third.

The rising cost of ingredients due to inflation and supply is deflating food and beverage manufacturers’ revenue, which has created movement in this year’s list.

Securing the top spot once again, Nestlé reported 9.3% organic sales growth in the first quarter, driven by the company’s price hikes.

PepsiCo said investments made in its brands, consumer insights, manufacturing and go-to-market execution are fueling growth across the portfolio.

A wider-than-expected first quarter loss was experienced because of high input costs, inflation and supply and demand imbalances, impacting performance in all units.

The maker of Budweiser and Corona said its results confirmed the resilience of the beer market in the face of economic challenges, notably inflation.>

Lowered sales forecasts led to the closure of some chicken processing facilities, but the company is compensating by making investments elsewhere.

It has been a year of innovation for ADM. The company reported that its agriculture and oilseed results were strong but slightly lower than in the second quarter of 2022.

Cargill—agricultural giant and the largest private company in the US – has experienced a slowing of profits this year, owing to less volatility in the global grain market and the collapse of meatpacking margins in the US.

The Coca-Cola Company reported strong second-quarter results, posting a 6% rise in net revenue to $12.0 billion, after its results were boosted by price hikes.

Olam Group – one of the world’s biggest agricultural traders – posted an 8.3% drop in its annual net profit, as better performance at its agricultural unit was offset by higher finance and input costs.

Global agribusiness cooperative CHS posted $547.5 million in net income for Q3 2023 boosted by strong global demand, compared to its record third quarter net income of $576.6 million in fiscal year 2022.

Inflation and changing consumer habits forced companies to get creative in terms of maintaining margins, and pet food is going strong.

Developed by PurPod, the pods have replaced all of New England Coffee’s former single-serve plastic pods to deliver a richer aroma and fresher coffee flavor with materials that are friendlier to the environment, reducing plastic waste. 

Clif Bar's Twin Falls bakery was named Food Engineering’s Sustainable Plant of the Year in 2017. The Indianapolis bakery has a different—although equally successful—story to tell.

The ADVANTEC Narrow brings all of the capacity and functionality benefits of the original ADVANTEC Impingement Freeze, but with innovations aimed at reducing its footprint and alleviating the pressures of high cryogenic gas prices on companies.

This device combines a built-in full function controller, both onboard and expandable I/O, and a 4.3” touchscreen display, in a compact all-in-one form factor.

Dot Foods, Inc., said to be North America’s largest food industry redistributor, has acquired Morsum, a food industry data and AI platform technology company.

Q.E.P. recently completed the acquisition of AC Products and Southern Cross Building Products.

The National Wood Flooring Association (NWFA) recognized 41 member companies for community service in 2016.

The pace of M&A activity in the food and beverage sector has trended much slower in 2024 compared to recent years, but several indicators suggest a pickup in activity.

COMPASS is designed to identify and remove foreign material and product defects to protect food safety and final product quality.

New remote service tools and robust asset management platforms enable food and beverage companies to envision AI-based strategies and facilitate product innovation across the enterprise.

SPI will remain a standalone brand and continue to support its existing customers.

The new facility will boost the company’s presence in growing edible oil and animal feed markets, and will create opportunities in renewable energy feedstock markets.

Baeumler and M-D PRO, which is based in Mississauga, Ontario, Canada, will engage with contractors and installers through a series of educational initiatives on social media. The collaboration aims to educate pros on using installer-friendly solutions that increase efficiency, reduce costs, and maintain quality. 

Artivo Surfaces, the Transom Capital-backed parent company of Virginia Tile, Galleher, and Trinity Hardwood, is acquiring Tom Duffy Company, a strategic move that significantly strengthens Artivo’s position as a market leader in the tile and flooring industry.

CTEF’s Academic Director Scott Carothers urges tile setters to check the label and points out two of the most critical pieces of information to confirm prior to an installation.

Sommer joins Del Sol Food with more than 16 years of experience in finance and accounting.

During her tenure as vice president of customer and community, Hughes was instrumental in nearly doubling the organization's revenue.

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Numerous studies have explored the impact of pre- and post-migration factors on the overall health of migrant populations. The objective of this study is to enhance our understanding of additional determinants… Read the full article ›

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