GFM Network News


Mars to buy animal hospital chain

Canadian veterinary chain Associate Veterinary Clinics (AVC) is set to become an arm of pet food giant Mars. Virginia-based Mars on Monday announced a US$9.1 billion, US$93 per share deal for all outstanding shares of VCA Inc., whose assets cover almost 800 animal hospitals with 60 diagnostic labs across North America. Those assets include Calgary-based […] Read more

Mars buying out Buffett stake in Wrigley

Reuters — The candy maker Mars Inc. on Thursday said it would take full control of its Wrigley chewing gum business, acquiring the minority stake held by Warren Buffett’s Berkshire Hathaway Inc. Mars plans to combine Wrigley with its chocolate business, putting M+Ms, Snickers, Skittles, Lifesavers, Starburst fruit chews, Doublemint and Extra gum and Altoids […] Read more


ConAgra, Kellogg, Mars to label for GMOs in U.S.

Reuters — ConAgra Foods has joined other food giants in plans to use labels that disclose the presence of genetically modified organisms or GMOs in its food throughout the U.S. ConAgra and other food companies such as Campbell Soup and General Mills have decided to use such labels nationwide, finding it to be the easiest way […] Read more

EU lifts wheat, barley, rapeseed yield outlook

Paris | Reuters — The European Union’s crop monitoring service on Monday lifted its yield forecasts for this year’s soft wheat, barley and rapeseed harvests with growing conditions remaining mostly favourable despite a recent dry spell. Yields will stay below levels seen in 2014, when the EU posted record production in several crops, but exceed […] Read more