In the spotlight
Which manufacturers, retailers or issues are grabbing the headlines?
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.
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.
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.
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?
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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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