217 results in the archive - showing page 2 of 8

In the spotlight: Premier Foods aims to bring home bread with Hovis JV 29 Jan 2014

Column: In the spotlight

Premier Foods plc announced earlier this week that it will establish its bread business as a standalone joint venture, in which US private equity firm Gores Group will hold a majority stake. The company clearly hopes that - in conjunction with its new partner - it will be able to rejuvenate its the struggling bakery unit. Nevertheless, a number of challenges lie ahead for the heavily indebted UK food major. Katy Askew reports.


In the spotlight: Hain Celestial eyes US, global growth with Tilda acquisition 14 Jan 2014

Column: In the spotlight

Hain Celestial believes its acquisition of UK-based Basmati rice firm Tilda will work to the benefit of both businesses. The US group has identified a number of areas where it intends to drive Tilda's growth. Hain also intends to capitalise on Tilda's international presence by feeding its existing product portfolio into markets such as India and the Middle East. Katy Askew reports.


In the spotlight: Sigma looks to Europe with Campofrio bid 15 Nov 2013

Column: In the spotlight

Sigma Alimentos, the food arm of Mexican conglomerate Alfa, has launched a bid to acquire Spanish meat processor Campofrio. While Mexico's largest meat processor has been active in M&A in Latin America and the US in recent years, the move would mark the group's first foray into Europe. Katy Askew reports.


In the spotlight: Morrisons making positive strides, but LFL sales continue descent 7 Nov 2013

Column: In the spotlight

The UK's fourth largest supermarket, Morrisons, today (7 November) showed further signs that its sales are struggling amid tough competition in the marketplace. The grocer is continuing to make positive strides, but the questions over whether this is enough and whether Morrisons has its proposition right still linger. Michelle Russell reports.


In the spotlight: Wal-Mart brings investment focus home 17 Oct 2013

Column: In the spotlight

Wal-Mart Stores outlined its strategy for the coming fiscal year at its annual investment community meeting yesterday (16 October). The world's largest retailer raised its capital expenditure forecast in the US while scaling back its international investment plans. Significantly, the company said it would close under performing stores in Brazil and China and reduce store openings in Mexico and India - possibly reflecting concerns over the growth outlook in emerging markets. Katy Askew reports.


In the spotlight: Post adds pasta to breakfast cereals pantry 20 Sep 2013

Column: In the spotlight

Post Holdings, the US breakfast cereals group, has been on an M&A spree in the last 12 months. Number three in a stagnant market, Post has added gluten-free cereals and granola to its portfolio. Last month, it snapped up a protein shake and supplement firm. This week, Post moved into pasta. Michelle Russell digests Post's recent deal-making.


In the spotlight: Albertson's LLC hungry for more after United Supermarkets buy 16 Sep 2013

Column: In the spotlight

Albertson's LLC has had a transformative year. The private-equity owned company is investing in trying to elevating its growth trajectory. A significant step in this direction was made when the group acquired the remaining Albertsons stores - and rights to the Albertsons name - from SuperValu, along with the Jewel-Osco, Acme, Shaw's and Star Market chains. Last week's acquisition of United Supermarkets builds on that foundation and comes as further evidence the firm, and its financial backers, are committed to driving growth through M&A. Katy Askew reports.


In the spotlight: Fonterra's much ado about nothing? 28 Aug 2013

Column: In the spotlight

After a month of headlines surrounding Fonterra's botulism recall it emerged today (28 August) that the company's whey protein concentrate was not, in fact, contaminated with a bacteria that can cause botulism. Facing stringent criticism at home, including an inquiry by the New Zealand government, this might seem like "good news" for the dairy giant. However, this fresh revelation is likely to lead to further questions over whether Fonterra's management overreacted to events - and why it took so long to get the all-clear. Katy Askew reports.


In the spotlight: Pinnacle Foods looks to year ahead with Wish-Bone 19 Aug 2013

Column: In the spotlight

Pinnacle Foods has had an eventful six months. Kicking off the year with the launch of an IPO, the US food group went on to report impressive first-quarter earnings. While first-half earnings dipped somewhat last week, the firm's deal to buy Unilever's Wish-Bone business could signal a positive year ahead for the frozen food to baking mix maker.


In the spotlight: The verdict from China's infant formula probe 7 Aug 2013

Column: In the spotlight

International infant formula manufacturers are adjusting their business practices in China having been found guilty of price fixing. Multinational companies, which were the focus of an anti-trust investigation, say they have emerged from the probe with a "clearer understanding" of the regulatory framework in the country. However, some pundits suggest the probe must be viewed in the context of a wider government push to boost the domestic industry. Katy Askew reports.


In the spotlight: UK sees food and farming as growth engine 31 Jul 2013

Column: In the spotlight

Last week saw the launch of the UK government's Agricultural Technologies Strategy which aims to foster investment in technology and innovation while bridging the gap between scientific research and food manufacture. Ben Cooper reports.


In the spotlight: The uncertain fallout from China's infant formula probe 26 Jul 2013

Column: In the spotlight

Chinese regulators have launched an anti-trust investigation into the infant formula sector in the country and under pressure from the authorities, multinational formula manufacturers have implemented a series of price cuts. But will the move address the structural issues facing the category? Katy Askew investigates.


In the spotlight: Kroger to benefit from surprise Harris Teeter deal 12 Jul 2013

Column: In the spotlight

US retail giant Kroger this week struck a deal to buy regional supermarket chain Harris Teeter in a deal worth US$2.44bn. Analysts believe the deal makes perfect sense, offering synergies and opportunities for Kroger to strengthen its position in the US retail scene. One analyst, however, believes Kroger may face competing bids before a deal is secured. Michelle Russell takes a look.


In the spotlight: PZ Cussons' Rafferty's deal to boost core Asia presence 5 Jul 2013

Column: In the spotlight

UK-based consumer goods group PZ Cussons this week struck a surprise deal to buy Australian baby food business Rafferty's Garden. Analysts have suggested the acquisition is not a sign PZ Cussons plans a significant push into food and see the deal as one that can support its core home and personal care businesses in the region. Michelle Russell reports.


In the spotlight: Beijing regulates to improve infant forumla safety 28 Jun 2013

Column: In the spotlight

The Chinese government has laid out a plan to improve safety standards in the high-profile infant formula sector through a combination of tougher regulation and consolidation. Nevertheless, the question of whether Chinese manufactures can convince consumers of the safety of their products remains. Katy Askew reports.


In the spotlight: Campbell continues to rebalance portfolio 21 Jun 2013

Column: In the spotlight

Campbell Soup Co. has gone on quite the acquisition spree of late as it looks to rebalance its portfolio. From US chilled foods firm Bolthouse Farms, and organic baby food maker Plum, to this week's deal to acquire Kelsen, Campbell is trying to boost its presence in high-growth categories and high growth markets. At the same time, the firm is making continued progress in revitalising its core US operations. Katy Askew reports.


In the spotlight: Sobeys joy but questions for Safeway 14 Jun 2013

Column: In the spotlight

Canada's second-largest grocer Sobeys has swooped to buy the local business of US supermarket giant Safeway. Sobeys has paid a full price for Safeway's Canadian arm but, writes Dean Best, the market was broadly positive and agreed with the company's optimism. For Safeway, however, the sale does leave some questions.


In the spotlight: PepsiCo, Muller must beware promo intensity in US yoghurt 6 Jun 2013

Column: In the spotlight

PepsiCo and Muller this week opened their US yoghurt plant with much fanfare. Demand for yoghurt has increased in recent years, per capita consumption is relatively low and the companies believe they can benefit. However, the new facility has added to the already increasing capacity in the sector, which is now seeing only sales of Greek yoghurt grow and an intensification in promotional activity.


In the spotlight: Hurdles ahead for Shuanghui Smithfield takeover 30 May 2013

Column: In the spotlight

The surprise news that the board of US pork group Smithfield Foods has unanimously backed a takeover bid from Chinese group Shuanghui International highlights the ever-increasing importance of China on the global stage - both as a market for products and as an outward investor actively participating in M&A. However, with regulatory and political hurdles ahead, the transaction is far from a done deal. Katy Askew reports.


In the spotlight: Wrigley wins FDA plaudits amid caffeine scrutiny 16 May 2013

Column: In the spotlight

At first it appeared the villain of the piece with the launch of its Alert Energy Caffeine Gum, which prompted an FDA review of caffeine in foods. However, Wrigley was subsequently praised by the regulator for showing "leadership" when it halted production. So far, however, no other food companies have shown that level of support for the FDA's move. Ben Cooper reports.


In the spotlight: Danone to build on baby nutrition success with organic buy 14 May 2013

Column: In the spotlight

Danone's deal to acquire over 90% of US organic baby food firm Happy Family is a first for the French food giant in the category and appears to strengthen its fast-growing infant-nutrition division. Michelle Russell takes a look at the deal.


In the spotlight: Carrefour ups heat with price cuts 23 Apr 2013

Column: In the spotlight

Competition in the French retail scene could be about to heat up, with market leader Carrefour reporting an improvement in its domestic operations. Carrefour says it has been encouraged by the results of its pricing initiative and, if the world's second largest retailer really has pulled its socks up at home, life could become tougher for its competitors.


In the spotlight: Infant formula prices drive Chinese consumers overseas 15 Apr 2013

Column: In the spotlight

Retailers are rationing the amount of infant formula consumers can buy in markets including Hong Kong, Australia and now the UK. The move has been prompted by the huge demand for infant formula in China, with consumers buying products overseas and shipping them home. While you might think that rationing comes in response to supply shortages, in actual fact it is more likely an attempt to protect the power to price the same product differently in different markets. Katy Askew reports.


In the spotlight: Chobani UK case highlights provenance issue 4 Apr 2013

Column: In the spotlight

Chobani's failure to win a court case in the UK over the labelling of its yoghurts as Greek resulted in an injunction against the firm last week. The result, however, now raises questions as to the importance of the provenance of Greek yoghurt for consumers and whether this could lead to similar cases and, in turn, more formal EU regulation.


In the spotlight: Boparan continues M&A march with Vion buy 5 Mar 2013

Column: In the spotlight

Boparan Holdings, the parent company of 2 Sisters Food Group, has continued its drive to rapidly expand its footprint with the announcement that it has acquired the remaining Vion meat businesses in the UK. Katy Askew takes a look at how ambitious 2 Sisters hopes to succeed in a market where Vion struggled.


In the spotlight: Australian Dietary Guidelines target added sugar 27 Feb 2013

Column: In the spotlight

While the emphasis on physical activity included in the recently published Australian Dietary Guidelines has been welcomed by food industry advocates, the inclusion of a recommendation to limit foods containing added sugars was less enthusiastically received. Ben Cooper reports.


In the spotlight: Heinz's prospects under 3G and Buffett 15 Feb 2013

Column: In the spotlight

Heinz stunned the global food industry with news it had agreed to a US$28bn takeover offer from Warren Buffett's Berkshire Hathaway fund and private-equity firm 3G Capital - purported to be the largest-ever deal in the sector. Dean Best looks at what could lie ahead for the US food giant.


In the spotlight: Report ignites food waste debate 18 Jan 2013

Column: In the spotlight

A report published last week by the Institution of Mechanical Engineers suggesting that up to 50% of food produced globally is not consumed has attracted significant media attention. Ben Cooper reports.


In the spotlight: Horse meat scandal: What's at stake? 16 Jan 2013

Column: In the spotlight

News of horse DNA in the economy beef burger ranges of some major retailers raises serious questions around corporate food governance, government monitoring and the implications for public confidence.


In the spotlight: Hilton extends reach with Woolworths Ltd JV 11 Jan 2013

Column: In the spotlight

Hilton Foods announced yesterday (11 January) it has reached an agreement with Australian grocer Woolworths Ltd to operate a joint venture company. The move will mark Hilton's first foray into the Australian market and could point to further expansion plans in the region. Katy Askew reports.

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