Food Business News - April 23, 2013 - (Page 1)

April 23, 2013 FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Investor group offers $9.8 billion for D.E Master Blenders AMSTERDAM, THE NETHERLANDS — An investor group led by Joh. A. Benckiser GmBH, Ludwigshafen, Germany, has made an offer to acquire the D.E Master Blenders 1753 coffee company for €12.50 ($16.36) per share. The total offer is valued at €7.5 billion ($9.8 billion). The board of D.E.M.B. has expressed its support of the offer. “After having carefully and diligently assessed J.A.B.’s offer, resulting in today’s intended offer, the board fully supports and unanimously recommends this offer to the shareholders for acceptance,” said Norman Continued on Page 13 ‘Big’ events buffet commodity markets Dairy product sodium reduction strategies he U.S. Department of Health and Human Services, with several partners, approximately 18 months ago launched a Million Hearts an initiative to prevent one million heart attacks and strokes in five years. Reducing dietary sodium intake is a component of the initiative, because excess sodium has been identified as a contributory factor in the development of hypertension, a risk factor for heart disease and stroke. Food formulators are making an effort to reduce the sodium content of processed foods, since according to the Food and Drug Administration, an estimated 77% of Americans’ sodium intake Continued on Page 30 Story on Page 22 T President’s budget increases food safety funding with user fees hile Washington looks for ways to trim federal government spending, President Barack Obama’s budget for fiscal 2014 would maintain or even increase spending on food safety. Clearly, the administration sees food safety as a priority from which the federal government W cannot afford to withdraw resources. Providing food safety agencies adequate funding in recent years also has been a priority for Congress, but it was uncertain how food safety programs ultimately will fare given the concerns over the deficit. The federal government’s two food safety agencies are the U.S. Food and Drug Administration, which is part of the Department of Health and Human Services, and the Food Safety Inspection Service, which is part of the U.S. Department of Agriculture. The F.S.I.S. provides federal inspection of meat, poultry and processed egg products establishments and support for similar state inspection programs. The F.D.A. regulates the rest of the food supply, domestically produced and imported. In the president’s fiscal 2014 budget, user’s Continued on Page 24 ®

Table of Contents for the Digital Edition of Food Business News - April 23, 2013

Food Business News - April 23, 2013
Investor group offers $9.8 billion for D.E Master Blenders
Dairy product sodium reduction strategies
President’s budget increases food safety funding with user fees
Table of Contents
Web Contents
Editorial - Food waste reduction becoming a greater priority
Nestle sales climb in quarter; volatility expected going forward
Dairy industry petition generates confusion
Tesco exiting U.S., to sell Fresh & Easy banner
Nestle USA debuts nutrition education toolkit
Westin Foods acquires majority interest in Dominex
Berkshire Hathaway, 3G Capital name new Heinz c.e.o.
Taco Bell to enhance nutrition profile of combo meals gradually
Aldi launches ‘gourmet’ private label brand
McDonald’s elects global brand officer
PepsiCo staying the course
Oikos Greek yogurt tops I.R.I.’s New Product Pacesetters
Shoppers retain frugal habits despite improving economy
Ethnic flavors gain favor in cooking sauces
Ratings firm issues warning over bird flu in China
Kroger to source sustainable palm oil
Breakfast still on the table at Wendy’s
Staying abreast of poultry preference
Market Insight - 'Big' events buffet commodity markets
Health and Wellness - Immune system support segment continues to evolve
Ingredient Innovations - Keeping it creamy
Satiety expectations increase in thicker, creamier drinks
New Food Products
Ingredient Market Trends - Spring planting under way, but slowly
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - April 23, 2013