Food Biz

'Campbell Soup To Sell Danish Snacks Manufacturer To Ferrero Affiliate For $300 Million

Campbell Soup has announced it will sell its Danish baked snacks manufacturer Kelsen Group to CTH Invest, a Belgian holding company affiliated with the Nutella maker Ferrero, for $300 million. The transaction is subject to customary purchase price adjustments, and it is expected to be completed in the first quarter of fiscal 2020.
By Staff Reporter

  • 'To Celebrate National Michelada Day On July 12: Everything You Need To Know

    Adding a squeeze of fresh lime and a dash of salt to a lager or pilsner has long been Mexican tradition, and in the 1980s, this practice evolved into the refreshing beer cocktail known as a michelada. The popularity of the drink grew across Mexico and, thanks to the influx of immigrants, it translated well to restaurants and bars across the U.S.

  • 'Soup Gets Its Time In The Sun With These Summer Spins

    Soups are a classic choice for warming up on a cold winter's night. We don't often appreciate its value as summer fare, though. However, there's actually some fantastic soups perfect for the lighter, warmer season.

  • '12 Creative Spins That Give Fries A Delicious Upgrade

    Most people love an order of fries, but how they enjoy those fries does indeed vary. Whether skinny or thick, spicy or curly or covered in truffle salt or a mix of herbs, it's a sure hit at any dinner table. Even the most classic of fun favorites though can be improved upon and some spots around the country are doing exciting things with their fries!

  • 'This Is Where The Piña Colada Was Born

    As if you ever really need an excuse to order a piña colada, today is National Piña Colada Day, so go ahead and order that creamy, sweet, cocktail-meets-dessert libation that is best served on a sunny, tropical beach somewhere exotic.

  • 'Rosé Wine: Is Oak-Aged Rosé Wine Gilding the Lily?

    Rosé wine is made in almost every region in the world, from many different grape varieties. And rose-colored wine is produced in a sweet, dry, sparkling, and even fortified style. Yet the classic style of dry rosé wine from Provence sets the trend that many other wine-producing regions around the world want to emulate.

  • 'Pastry Chef Dominique Ansel Celebrates 15 Years In NYC With A Sweet Tribute To The City

    Dominique Ansel moved from Paris to New York City to work at Daniel Boulud's French flagship Daniel as the executive pastry chef, a position he held for 6 years. Fast forward 15 years later, and Ansel has become a household name after the invention of a certain croissant-donut hybrid, and his namesake bakery has expanded beyond SoHo to include branches around the world.

  • 'New York's Benno Shows The Creativity Of A Great Chef And Sophistication Of A Great Team

    At a time when the New York food media go giddy over ramen shops, taquerias and pizzerias, there are certain high-end restaurant openings that cannot be ignored, especially if the chef has the name recognition of Jonathan Benno, first as chef de cuisine at Thomas Keller's Per Se, then as executive chef at Lincoln Ristorante at Lincoln Center.

  • 'Prague Should Be Your Next Foodie Vacation Destination

    The cold brisk wind whips through the streets on an early spring evening in Prague. As temperatures hover around freezing, only one dish warms the soul this evening. Upon opening the door to Krčma the smell of comfort greets us like warm blanket-braised meat, baking spices, simmering herbs, and fried potatoes.

  • 'The Simple Secret Is Better Meat: Your Best BBQ Ever

    From a slow-smoked Southern barbecue to Argentinean gaucho-inspired open fire asado cooking, and everything in between, America is having a love affair with outdoor cooking. Pellet grills, gas grills, hybrid fuel grills, kamado cookers, every kind of device for cooking outside keeps getting better, and for years here at Forbes and for many magazines I have reviewed the best grills and gear in a wide range of price points.

  • 'Freshen Up Summer Menus With Exciting Corn Dishes

    Nothing says summer like buttery fresh corn. While hot and roasted on a grill is a fantastic way to enjoy our kernels this season, there's also a lot of fun spins on corn that can't be missed. At Antique Taco in Chicago, this dish is made with sweet corn, crema, queso, Tapatio hot sauce, and Tajin.

  • 'Elizabeth Reid In New York City: Eat Like A Local

    Elizabeth Reid is an entrepreneur who recently launched Elizabeth Reid Collection, a luxurious assortment of fashionable socks that are designed in New York and made in Europe with materials sourced from Italy and Portugal.

  • 'France Is Changing Key Wine Regulations

    Whether due to bureaucratic clutter or anticipation of a sunnier climate-France is changing key wine regulations.

  • 'Sip And Nosh Your Way Through Mexico City In Less Than 48 Hours

    Mexico City boasts a population well over 20 million, easily making it one of the most populated metropolis' in the world. Located in the Valley Of Mexico, Mexico City is also vast.

  • 'Fake Whiskey: Tips To Avoid Fake Or Misleading Bottles

    The global whiskey industry is booming and, sadly, so is the market for counterfeit bottles. Over the past few years, from China to the US, countless reports of fake bottles have surfaced. And those are the ones we hear about. It's all too easy these days for frauds to create fake bottles. It's often as simple as getting an empty bottle, filling it, and resealing it.
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