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Editor's choice: the highlights on just-food last week

14 April 2014

Olive oil giant Deoleo this week announced its board had backed a takeover bid from private-equity giant CVC Capital Partners. Elsewhere, Mondelez International announced plans for another plant in Russia and the political party that looks set to be the major party in India's next government said it would ban foreign supermarkets entering the country's retail sector.

Deal or no deal: Analysts divided on Dorset Cereals sale

10 April 2014

Toward the end of last week Kellogg, Weetabix and Associated British Foods were all named as potential suitors looking to buy UK cereal brand Dorset Cereals from Wellness Foods. Hannah Abdulla looks at where Dorset Cereals could next end up.

GERMANY/UK: Suedzucker profit warning hits ABF shares

9 April 2014

German sugar refiner Suedzucker has cautioned operating profit in its current financial year will fall below expectations, a warning that hit shares in rival Associated British Foods.

UK/IRELAND: Rowse honey buy to boost Valeo's UK presence

9 April 2014

Irish food group Valeo Foods has acquired Rowse honey in the hope it will bolster its presence in the UK.

UK: Weetabix coy on "bid" for Dorset Cereals

7 April 2014

Weetabix has refused to "confirm or deny" reports it is one of the suitors looking to buy UK muesli manufacturer Dorset Cereals.

UK: Kellogg, Weetabix, ABF "eye Dorset Cereals"

4 April 2014

Kellogg, Weetabix and Associated British Foods are reportedly eyeing UK cereal business Dorset Cereals.

UK: British Sugar pours US$83m into manufacturing sites

12 March 2014

Associated British Foods' British Sugar confirmed it is to spend GBP50m (US$83m) on its manufacturing sites.

Focus: Allied Bakeries aims to halt sliced white decline

10 March 2014

White bread sales are the largest component of the UK bakery sector. But sales of white bread are in structural decline. Associated British Foods' bread business, Allied Bakeries, believes it has developed a product that can help reverse this trend and bring consumers back to sliced white. Katy Askew reports.

UK: Sugar weighs on ABF performance

24 February 2014

Associated British Foods' share price was knocked this morning (24 February) as issues at its sugar unit overshadowed growth elsewhere in the business.

UK: Real Good Food in sugar price row with ABF

21 February 2014

The Real Good Food Co. has accused British Sugar, the UK sugar arm of Associated British Foods, of "abusing its dominant market position" in a pricing row between the two companies.

UK: Allied Bakeries launches Kingsmill snack

11 February 2014

Allied Bakeries' Kingsmill brand has entered the snacks category in the UK with the launch of Kingsmill Mini Toasts.

UK: Warburtons ad banned over "biggest baker" claims

5 February 2014

The UK's Advertising Standards Authority has banned an advert from bread maker Warburtons after its claims it is London's biggest baker.

UK: Real Good Food hires ex-British Sugar MD De Jaegher as COO

4 February 2014

UK firm The Real Good Food Co. has appointed ex-British Sugar managing director Gino De Jaegher as COO.

UK: Sugar issues weigh on Real Good Food Co. trading

4 February 2014

Shares in The Real Good Food Co. dropped today (4 February) after the UK food group reported "mixed" trading in its third quarter as a fall in prices hit its sugar business.

UK: ABF books flat Q1 as sugar decline deepens

16 January 2014

Associated British Foods booked flat first-quarter sales as the continuing strength of Primark offset a further deterioration in sugar.

UK: Asda takes aim at discounters with price cuts

2 January 2014

Asda has set its sights on luring UK shoppers away from the discounters with moves to sell a range of household items for 50p.

UK: ABF's Allied Bakeries to use traffic lights on nutrition labels

11 December 2013

Allied Bakeries, the UK bread arm of Associated British Foods, is to introduce traffic light nutrition labels on its Kingsmill products.

Editor's choice: the highlights on just-food last week

2 December 2013

A change at the top of the world's largest retailer grabbed the headlines this week. Doug McMillon, the head of Wal-Mart's overseas business, is to be promoted to become the US retail giant's CEO. Elsewhere, there was a raft of M&A stories. Murray Goulburn made what is so far the highest bid for Australian dairy Murrau Goulburn, Associated British Foods lodged an interest in UK rice brand Tilda and Premier Foods is in talks with private equity over investment in its bread arm.

UK: ABF lodges interest in rice brand Tilda

27 November 2013

Associated British Foods has lodged an interest in UK packaged rice business Tilda, just-food understands.

Quote, unquote: just-food's week in words

11 November 2013

Last week saw the question of whether regulators or industry should take the lead in promoting good nutrition come to the fore, when US policy makers signalled that they could be preparing a clamp-down on "unsafe" trans fats.

Interview: ABF expects lower sugar profits offset by grocery, Primark

6 November 2013

Concern over the outlook for Associated British Foods' sugar business has weighed on the company's share price in spite of a jump in full-year earnings. While the outlook for sugar remains challenging, ABF expects an upswing at its grocery and Primark businesses to continue to propel profits in the coming year, FD John Bason tells just-food.

UK: ABF shares dip as sugar weighs on outlook

5 November 2013

Associated British Foods saw its share price dip this morning (5 November) as an expected drop in sugar earnings weighed on its outlook, despite an improvement in grocery.

Analysis: PE firm Bridgepoint should look at Burton's Biscuit Co.

16 October 2013

Burton's Biscuit Co., the UK firm behind brands including Maryland cookies and Jammie Dodgers, is up for sale. The first round of bidding has been completed and rumoured suitors include private-equity firms Apax Partners and CapVest, Canadian fund Ontario Teachers Pension Plan and Fox's biscuits owner 2 Sisters Food Group. Stefan Kirk of M&A advisors Glenboden suggests another private-equity firm, Bridgestone, which has just bought a biscuit business in Poland, should look at Burton's, too.

Focus: Sugar outlook turns sour for ABF

9 September 2013

Associated British Foods, the Primark-to-Kingsmill bread group, said today (9 September) its second-half performance came in ahead of expectations. However, shares slid on concerns over the longer-term outlook for its sugar business. As sugar turns sour for ABF, the company could be forced to look elsewhere for growth. Katy Askew reports.

UK: ABF shares slide on sugar outlook

9 September 2013

Shares in Associated British Foods slipped this morning (9 September) as concern over the outlook for its sugar business overshadowed news the company expects to book an expectation-beating second half.

UK: ABF's Ryvita adds to snacking range with Ryvita Thins line

19 August 2013

Associated British Foods has expanded its snacking portfolio in the UK with the launch of a Ryvita Thins line.

UK: ABF sees positive grocery performances in UK, Australia

11 July 2013

Associated British Foods today (11 July) reported a 7% increase in third-quarter sales from its grocery business, helped by parts of its UK and Australian units.

AUS: Supplier profits below international rivals - study

27 June 2013

The profitability of food and grocery suppliers operating in Australia is "significantly below" international competitors, a report has claimed.

AUS: Woolworths initiates price offensive

28 May 2013

Australian grocer Woolworths Ltd is to cut prices on "hundreds" of grocery products in a fresh salvo against rival Coles.

Interview: Amy's Kitchen sets out international mission

15 May 2013

Amy's Kitchen, the US frozen-food, organic and free-from business, is a quarter of a century old this year but there is a passion - almost a sense of mission - one would normally associate with a start-up. Dean Best spoke to co-owner Amy Berliner and European commercial director Damien Threadgold about the company's plans.







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