Key Points: Keurig Dr Pepper has named Anthony DiSilvestro, a former Mattel executive, as its new CFO amid preparations to finalize the JDE Peet’s acquisition and split into two separate beverage companies. DiSilvestro’s extensive M&A experience will be instrumental in…
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Keurig Dr Pepper has secured $7 billion in funding from private-equity firms to support its $18 billion acquisition of JDE Peet’s. This investment comes as the company addresses concerns from investors regarding its planned separation into two independent entities post-acquisition.…
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Red Bull recently commenced construction on a new $1.7 billion facility in Concord, North Carolina, after a four-year delay. Collaborating on this project are Red Bull, Ball Corp., and Rauch Fruchtsäfte, aiming to meet the local market demands by establishing…
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Key Points: Consumer egg prices reached a record high last month despite the fading bird flu outbreaks that had limited supply. In March, the average cost of large, grade A eggs was $6.23 per dozen, marking a 5.9% increase from…
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This article is a collaboration between growth strategy experts Bryan Radtke and Jeremy Bartlow from PA Consulting. GLP-1 drugs such as Wegovy, Mounjaro, Ozempic, and others are transforming the treatment of Type 2 diabetes and obesity. These medications offer…
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Smithfield Foods Spins Out European Operations Smithfield Foods, Inc., announced on Tuesday that it will be spinning out its European operations in preparation for a public listing in the United States. The move is expected to create growth opportunities for…
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Food News
Danone, Nestlé join over 130 companies in call to reverse biodiversity loss ahead of COP16
Dive Brief: Over 130 companies from various sectors have come together to urge world leaders to take action to prevent biodiversity loss ahead of the United Nation’s Biodiversity Conference, COP16, in October. Members of the Business for Nature coalition, including…