US Foods is eyeing a blockbuster merger with Performance Food Group, aiming to dominate the independent restaurant channel and outpace Sysco. But with steep costs and FTC hurdles, the deal’s anything but a sure thing.
Ferrero’s $3.1B bid for WK Kellogg Co. signals bold ambition amid cereal’s slump and health backlash. As big brands consolidate, legacy CPGs chase reinvention and reformulation in a shifting consumer wellness landscape.
Diageo, the spirits giant, is shifting its long-standing strategy by selectively selling off brands. The industry is watching closely to see whether this pivot will strengthen Diageo’s future or mirror the struggles of American food conglomerates.
