Nomad will take a disciplined approach to evaluating future acquisition opportunities in the consumer foods space following its acquisition of Iglo Group, according to Stefan Descheemaeker, the newly appointed CEO of Nomad Foods.
Anheuser-Busch InBev CEO Carlos Brito says growth for Bud Light is the brewer’s top US priority as the brand lost less share in Q3 2014, and insists the company won’t spend more on marketing its growth value portfolio.
Recently formed brewing powerhouse Anheuser-Busch InBev is already having to take difficult decisions in its European operations as it mulls price increases and brewery closures to offset industry-wide financial concerns.
Anheuser boss August Busch is set to receive a windfall when his company is sold to InBev; but InBev has expressed dissatisfaction at its Q2 financial results. Likewise, Dr Pepper Snapple is proud of its progress, despite headwinds affecting the industry.
This week, Coca-Cola confirms a possible interest in expanding its
ingredients operations on the Irish market, and InBev targets
Anheuser-Busch's board as it seeks to add the high-profile company
to its branded portfolio.