Quote, unquote: just-food's week in words
The M&A spotlight moved away from Cadbury this week and shone on JBS, the Brazilian meat group, which, in two fell swoops, looks set to become the world's largest meat processor. The dairy sector - in the UK, Europe and Down Under - hit the headlines, while Australia's grocery retail sector should soon see more competition after the watchdog struck a deal with Woolworths Ltd and Coles, the country's two largest players.
"Today is a remarkable day for JBS. We are vey optmistic about the future with these two acquisitions" - Wesley Mendonca Batista, chief of JBS's US business, on the group's deals with Pilgrim's Pride and Bertin.
"Since de-regulation, we've done virtually nothing to promote what's good about milk" - Robert Wiseman Dairies marketing director Sandy Wilkie says the time is right for a UK campaign to promote milk.
"A great opportunity is taking lactose out of our dairy products. We should we leave this to the soya boys?" - Andy Smith, MD of UK cheese maker Lactalis-McLelland, urges dairy groups to look for pastures new.
"European milk producers are in active contact with one another. 130,000 dairy farmers in 14 countries are all organised in the umbrella association of the European Milk Board. The milk strike has to be expected to spread" - Sieta van Keimpen, vice president of the EMB, warns direct action in dairy could continue.
"To be successful and achieve the best possible payout for farmers, Fonterra can't afford to have hundreds of millions of dollars washing in and out of the balance sheet every time milk production fluctuates" - Fonterra chairman Sir Henry van der Heyden sets out the case for restructuring the dairy giant's capital base.
"This is a major breakthrough for grocery competition in Australia" - Grant Samuel, head of Australia's competition watchdog, says consumers face more choice and lower prices after a regulatory deal with Woolworths and Coles.
"So it's official, our smoothies can put you well on your way to your 5-a-day" - smoothie maker Innocent cheers the backing from UK ad regulators.
"We are delivering on our promises, generating the revenue growth, margin improvements and strong earnings growth our investors are looking for" - Cadbury CEO Todd Stitzer insists the UK confectioner can thrive on its own.
"We are confident that the lawsuit is without merit and will vigorously defend ourselves against these allegations" - Nestle hits back after Weight Watchers International files a trademark lawsuit against the Swiss food giant in the US.
Sectors: Baby food, Bakery, Chilled foods, Commodities & ingredients, Confectionery, Dairy, Emerging markets, Food safety, Fresh produce, Frozen, Health & wellness, Meat & poultry, Natural & organic, NPD & innovation, Retailers, Seafood, Snacks, Sustainability & the environment
Those regulating the US food industry flexed their muscles this week with a series of warnings over "misleading" labels - much to the delight of consumer advocates....
Australia's second largest supermarket group Coles has posted a strong increase in first half sales as its turnaround efforts continue to pay off....
The future of Glanbia, with its interest in consumer dairy products, dairy ingredients and sports nutrition, grabbed your interest this week as the Irish food group revealed it was in talks to offload...
Health campaigners have slammed the decision by sports associations to sign up companies and brands related to junk food as sponsors....
- General Mills sales woes continue - analysis
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Comment: Meal kits in US - don't believe the hype
- Analysis: Chocolate sector's deforestation pledge
- Kraft Heinz cuts jobs in US, Canada
- Mondelez set for union crosshairs next week
- Brazil seeks to cool concerns over meat probe
- US meal delivery service Blue Apron buys BN Ranch
- Lactalis fails to hit threshold to delist Parmalat