257 results in the archive - showing page 2 of 9

Can Yildiz Holding's new snacks unit match its ambitions? 27 Jan 2016

Column: In the spotlight

Yildiz Holding is restructuring its confectionery and biscuit businesses, uniting the likes of United Biscuits, Ülker and Godiva under a single umbrella subsidiary. The Turkish conglomerate has some ambitious growth targets for the new unit. Katy Askew takes a look at whether it can deliver.


Why General Mills must tread carefully with new asset Epic Provisions 11 Jan 2016

Column: In the spotlight

Either side of Christmas, General Mills turned to M&A to try to inject some growth into its business. On 23 December, the company announced a move to buy Brazilian yoghurt maker Carolina to bolster its operations outside the US. Last week, General Mills swooped again, this time domestically, snapping up fledgling US meat snacks firm Epic Provisions, another sign of the attractiveness of protein, snacks and sustainability for food majors. However, the Cheerios maker will have to be judicious in the way it manages the new asset. Dean Best reports.


Why General Mills' home discomforts raise strategic questions 21 Dec 2015

Column: In the spotlight

General Mills' latest numbers have put the US food giant under scrutiny once more. Last week, the company reported lacklustre second-quarter sales and cut its forecasts for annual sales and earnings. The group's domestic business, which has been under pressure for a number of years now, saw sales fall, leading industry watchers to ponder what lies ahead in 2016 and beyond for the company. Dean Best reports.


Orkla seeking strength in small markets with Hamé buy  17 Dec 2015

Column: In the spotlight

Nordic food group Orkla is expanding its presence in central Europe through the acquisition of Czech Republic-based Hamé. The deal offers cost and revenue synergies and expands Orkla's presence in categories that are complementary to its portfolio. It also feeds into Orkla's strategy of focusing on regional categories and markets where it can build scale but which have, on the whole, gone under the radar of multinational competitors. Katy Askew reports. 


Why Pinnacle Foods faces work on Boulder Brands 30 Nov 2015

Column: In the spotlight

There has been more consolidation in the US food industry, with another big player largely focused on stagnant categories moving for a business in a growing area of the sector. Pinnacle Foods, the business behind the Birds Eye brand in the US, as well as products like Duncan Hines baking mixes and Wish-Bone salad dressings, has struck a deal to buy Boulder Brands - a business in gluten-free but one that has struggled in recent quarters. Dean Best reports.


ConAgra Foods announces split - what could happen next? 26 Nov 2015

Column: In the spotlight

ConAgra Foods CEO Sean Connolly, fresh from securing the sale of the US group's own-label business, has made another strategic move - splitting the business in two. A largely branded business, Conagra Brands, and a frozen potato products supplier, Lamb Weston, are set to be created. Dean Best analyses what could lie ahead for both companies.


Snyder's-Lance sees qualified analyst praise for Diamond deal 29 Oct 2015

Column: In the spotlight

Distribution synergies and access to a wider better-for-you portfolio are two of the reasons industry experts have backed the move from Synder's-Lance for fellow US snacks group Diamond Foods. However, with Diamond having had a challenging few years financially, is the US$1.91bn cash-and-shares deal all Snyder's-Lance has made it out to be? Hannah Abdulla reports.


How Unilever's Grom deal shows brands eyeing own retail presence 6 Oct 2015

Column: In the spotlight

Unilever is building on its push into branded ice cream retail with the acquisition of Italian gelato group Grom. And Unilever is not the only manufacturer working to expand its branded retail presence, particularly in "treat" or gifting categories. Katy Askew looks at the benefits branded retailing offers food manufacturers. 


B&G Foods' plan to breathe life into Green Giant 4 Sep 2015

Column: In the spotlight

The speculation over Green Giant was this week confirmed with US group B&G Foods announcing it had struck a deal to buy the the canned and frozen vegetables business from General Mills. Green Giant's sales are under pressure but B&G believes it can reinvigorate the business. Hannah Abdulla reports.


What the Dave's Killer Bread deal means for Flowers Foods 20 Aug 2015

Column: In the spotlight

Flowers Foods last week announced the acquisition of organic bread maker Dave's Killer Bread, a move which accelerates its growth in the organic bread space and extends its geographic reach in the US, two things it has had on its wish list for some time. Hannah Abdulla explores.


In the spotlight: What Grexit could mean for the food industry 3 Jul 2015

Column: In the spotlight

This Sunday, Greece will decide whether to accept a proposal from its creditors following the breakdown of negotiations over its EU1.6bn debt repayment with the International Monetary Fund. If voters reject the proposal, Greece risks exiting Eurozone. Concerns over what this will mean for the food industry are rife and food manufacturers have started taking measures to prepare for the worst.


In the spotlight: What lies behind Ferrero's move for Thorntons? 23 Jun 2015

Column: In the spotlight

Italian confectioner Ferrero has made a surprise move for UK chocolate maker and retailer Thorntons. One cannot ignore the fact Thorntons has had some challenges, not least in recent quarters with sales to UK multiples under pressure. What could be behind Ferrero's decision? Hannah Abdulla explores.


In the spotlight: What the Vega buy means for WhiteWave Foods 18 Jun 2015

Column: In the spotlight

WhiteWave Foods' deal to buy of Canadian firm Vega last week will mean the US group adds plant-based nutritional powders and snack-bars to its range, products industry watchers expect to show promising growth in the near future. But low awareness among mainstream consumers of plant-based proteins could prove a challenge. Hannah Abdulla reports.


In the spotlight: Are Nestle's latest moves in frozen enough to win over consumers? 5 Jun 2015

Column: In the spotlight

Nestle has announced two changes in the last week to try and boost sales of its frozen business in the US. Both moves play into rising consumer trends of healthier eating and convenience. But with Nestle's frozen business still reeling from the effects of a consumer shift towards fresh due to perceptions of it having greater goodness, are the moves enough to win consumers back? Hannah Abdulla explores.


In the spotlight: How the Applegate deal will benefit Hormel 29 May 2015

Column: In the spotlight

Hormel Foods swooped to acquire natural and organic meat processor Applegate Farms earlier this week in a US$775m deal. In financial terms, the deal does not bring much to the table. Industry experts, however, have reacted favourably due to the long-term growth prospects of the natural and organic meat category. Hannah Abdulla explores what the deal means for Hormel.


In the spotlight: Can national milk brand revitalise Dean Foods? 11 May 2015

Column: In the spotlight

Dean Foods this week announced it was bringing its 31 fluid milk brands under one label - DairyPure - and appears to be pushing the latest "hormone-free" trend in its marketing. But, after two quarters of falling profits, and fluid milk still unfavourable with US consumers, is the move enough to put it back on the road to recovery? Hannah Abdulla reports.


In the spotlight: Why ABF's George Weston is making bread better-for-you 1 May 2015

Column: In the spotlight

Associated British Foods this week announced the launch of a high-protein bread from its Australasian arm George Weston Foods. The company looks to be weighing up options to increase sales in the highly pressured bakery sector. Is its move into the better-for-you category in New Zealand one that will pay off? Hannah Abdulla explores.


In the spotlight: France's big step to uniform FOP labels 17 Apr 2015

Column: In the spotlight

France's new health bill, which subject to two further votes could be ratified later this year, includes provision for a voluntary colour-coded front-of-pack nutritional labelling scheme. The debate this has sparked, Ben Cooper writes, mirrors closely that seen in the UK, with food manufacturers sternly opposed to the use of colours.


In the spotlight: Aryzta's surprise investment in French retailer Picard 1 Apr 2015

Column: In the spotlight

Bakery giant Aryzta got the market speculating over its next move when, just a week ago, it announced plans to sell shares in Ireland-based agribusiness Origin Enterprises. But what has been the reaction to its planned investment in French frozen food retailer Picard?


In the spotlight: Green Giant talk underlines pressure at General Mills 16 Mar 2015

Column: In the spotlight

General Mills is reported to be considering putting its canned and frozen vegetable business Green Giant on the block. The US food group has refused to comment but, given its sales are under pressure and with US consumers turning away from more processed foods, it seems plausible the company would be weighing up a sale. Dean Best reports.


In the spotlight: Why Post is increasing its exposure to cereal 27 Jan 2015

Column: In the spotlight

Since it span off from Ralcorp Holdings three years ago, Post Holdings has followed an aggressive M&A strategy. Deal-making has focused on diversifying its portfolio to gain access to on-trend categories. Given this drive, perhaps yesterday's (26 January) announcement of Post's acquisition of MOM Brands - a move that will deepen its exposure to the struggling US cereal category - could seem a curious tactic. Katy Askew investigates.


In the spotlight: Hershey's Allan Candy buy lends international stability 8 Dec 2014

Column: In the spotlight

As The Hershey Co expands in international markets, attention has focused on high-growth opportunities such as China and Latin America. However, with macroeconomic factors weighing on its international performance this year, the company is wise to also pursue expansion in more stable overseas markets, such as Canada. While relatively small, last week's Allan Candy Co acquisition is a solid move from the US Reese's Pieces maker. Katy Askew reports.


In the spotlight: Can BRF deliver on its aggressive growth strategy? 20 Nov 2014

Column: In the spotlight

BRF, the Brazilian meat giant, is undergoing significant change. The company has initiated a massive behind-the-scenes restructuring drive to streamline its operations and build a structure that will deliver stable returns. BRF has now turned its attention to expansion, setting out an ambitious growth agenda. Can it deliver? Katy Askew investigates.


In the spotlight: Will Danone return to growth in fresh dairy? 17 Oct 2014

Column: In the spotlight

Danone has faced myriad issues at its fresh dairies business. The group has been squeezed by weak consumer sentiment in its largest markets, on the one hand, and rising input prices, on the other. Management believes that a focus on improving its mix in developed markets will boost its profit profile. All the while it has been positioning itself to drive the top line in emerging markets. But these efforts are yet to show themselves in the unit's results. Could Danone's fresh dairy business be preparing to turn a corner? Katy Askew reports.


In the spotlight: FrieslandCampina moves to shore up Europe prospects 3 Oct 2014

Column: In the spotlight

FrieslandCampina this week made two major announcements in Europe, with a plan to close a plant in Belgium but also deals to buy two Italian cheese firms. The Dutch dairy giant has, like many of its peers, struggled for growth in Europe and is busy looking to right-size its business in the region for the future.


In the spotlight: Fonterra's strategy to weather enduring dairy volatility 26 Sep 2014

Column: In the spotlight

After reporting a slump in Fonterra's annual profits this week, CEO Theo Spierings was at pains to tell the market the global dairy market will remain erratic. However, the head of the world's largest dairy exporter also outlined how the group plans to ride out changes in supply of and demand for milk.


In the spotlight: General Mills turns to M&A to bolster US business 9 Sep 2014

Column: In the spotlight

The US accounts for the bulk of General Mills' business and, with its operations at home under pressure, the food giant has got out the chequebook to snap up local natural and organic food maker Annie's. But is it the right move? Dean Best investigates.


In the spotlight: What could be impact of Russia's embargo? 11 Aug 2014

Column: In the spotlight

In a tit-for-tat move, Russian President Vladimir Putin announced a year-long ban on on food imports from countries participating in the imposition of sanctions on Russia. Confident the country can be self-sufficient, Putin and Prime Minister Dmitry Medvedev have urged local producers to take advantage of the opportunity, and get their products on supermarket shelves. But are they up to the task? And what does this mean for global exporters to Russia? Hannah Abdulla reports.


In the spotlight: Progress but Campbell faces critical questions 23 Jul 2014

Column: In the spotlight

Campbell Soup Co., the US-based food group, is a business that has, in recent years, attempted to reshape its portfolio more towards faster-growing categories. And, with growth from its core operations still below the company's targets, the signs are it is ready to take more action. However, with further expansion comes choices, Dean Best writes.


In the spotlight: Lindt plays safe with Russell Stover buy 17 Jul 2014

Column: In the spotlight

Lindt & Sprungli's acquisition of US confectioner Russell Stover Candies has come as a surprise to analysts. It is the Swiss group's first purchase for 16 years and one in a developed, rather than emerging, market. However, Lindt believes it would be have been foolish to pass on the opportunity and expansion in developing markets is still on the cards. Hannah Abdulla finds out what prompted Lindt to dust off its chequebook.

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