Kerry Group is reportedly mulling the sale of its frozen food business. The company has seen strong sales and profit momentum at its ingredi...
Nearly two months into the horsemeat scandal that has rocked the food industry, UK figures highlighting a sales slowdown in ready meals rais...
| 27 Oct 2011
Hain Celestial, the US food maker, is hoping its acquisition of UK chilled foods firm Daniels Group will galvanise its existing business on this side of the Atlantic. The company sees the deal benefiting its operations in Europe and in the US but it is in the UK where it is most likely to be hoping for the greatest impact. Dean Best reports.
| 26 Oct 2011
It's been quite a year for own-label supplier Greencore. A plan to merge with UK rival Northern Foods was gazumped by poultry magnate Ranjit Boparan. Greencore then licked its wounds and acquired UK desserts and sandwich maker Uniq. Now, however, the company is the subject of a takeover approach. Dean Best reports.
| 10 Dec 2010
The executive changes at Kellogg and Premier Foods plc attracted scrutiny from analysts on Wall Street and in the City this week, France's competition watchdog threatened the country's food retailers with legislation to free up the sector - and X5 Retail Group, Russia's largest retailer, was pleased with its acquisition of discount chain Kopeyka. Here is the best of who said what this week.
| 25 Oct 2010
Sustainability is a buzzword including in many a corporate brochure and its ubiquity can attract cynicism about a company's policies to mitigate their impact on the environment. However, food makers and retailers are building the issue into how they interact.
| 8 Apr 2010
Bakkavor, one of the UK's largest own-label food manufacturers, has had a tumultuous 12 months. The company even warned last year about the future of the business as a going concern after it missed a deadline to pay creditors. However, Bakkavor's management is keen to look forward and, speaking to Dean Best in this month's just-food interview, CEO Agust Gudmundsson and CFO Richard Howes maintain a quiet optimism about the company's future.
| 14 Aug 2015
This week's results included an upbeat US snack group Snyder's-Lance reporting higher second-quarter sales and profits, improved half-year revenue and earnings at seafood giant Thai Union and declines at an acquisitive SunOpta.
| 16 Jul 2015
Bakkavor Group has sold the remaining 60% stake it held in Italian pizza business Italpizza to Dreamfood.
| 29 May 2015
Hormel Foods' latest move to inject more growth into its business - a move for US organic meats firm Applegate Farms - grabbed the headlines this week. In Europe, France's Groupe Bel struck a deal in Africa and is to take a majority stake in Moroccan dairy Safilait.
| 26 May 2015
The sale of a stake in UK convenience group Bakkavor has attracted interest from "a number" of suitors – not just PAI Partners and Pamplona Capital – sources close to the sale process revealed today (25 May).
| 26 May 2015
Private-equity groups PAI Partners and Pamplona Capital are reportedly eyeing a stake in ready meals maker Bakkavor.
| 15 May 2015
This week's result round-up includes a positive start to the year for UK own-label group Bakkavor, better sales but pressure on profits for Canada's Weston Foods and a slide in revenue at French poultry group Duc.
| 14 May 2015
Bakkavor said yesterday it booked GBP1.1m of exceptional charges during the first quarter of the year, after confirming it had decided to close its Yorkshire Fresh Fruit site in Selby, North Yorkshire.
| 16 Apr 2015
Bakkavor is to sell the rest of its shares in Italy-based frozen pizza business Italpizza.
| 23 Feb 2015
Bakkavor has announced plans to close a fresh fruit site in the UK after it lost a contract to supply a "major customer".
| 12 Feb 2015
UK-based own-label supplier Bakkavor saw profits increase in 2014 as sales were boosted by new contracts in its domestic market.
| 12 Jan 2015
UK-based private-label group Bakkavor has snapped up US fresh prepared food supplier B. Robert's Foods.
| 13 Nov 2014
UK own-label fresh food group Bakkavor has reported higher profits for the first nine months of the year, with the company's share gains continuing in the third quarter.
| 18 Aug 2014
Five months ago, Chiquita Brands International announced plans to merge with fellow banana supplier Fyffes. The deal was set to close by the end of the year. However, this week, an unsolicited takeover bid came in for Chiquita, which promptly rejected the offer. However, the suitors have indicated they may not go away easily. Elsewhere, our coverage of Russia's food embargo continued, we looked in-depth at the opportunities for growth in Japan in our latest management briefing and, in a new M&A column, we suggested Raisio sell up to private equity.
| 14 Aug 2014
UK own-label supplier Bakkavor said today (14 August) it was growing its market share and had "outperformed" the fresh prepared food market after reporting higher sales and profits.
| 11 Aug 2014
UK-based own-label supplier Bakkavor is in the process of hiring banking advisers to sell stakes in the business owned by a number of investors.
| 8 May 2014
Bakkavor has moved to lower its stake in non-core operations in Italy as it increases its focus on the core markets of the UK, US and Asia.
| 14 Feb 2014
Bakkavor today (14 February) claimed it had "outperformed" the UK fresh food market in 2013, a year when sales rose, impairment charges weighed on operating profit and its bottom line was boosted by proceeds from disposals.
| 15 Jan 2014
UK fresh prepared foods manufacturer Bakkavor has announced its exit from South Africa with the sale of its Spring Valley Foods business.
| 20 Dec 2013
Bakkavor has sold its Czech ready meals unit Heli Food Fresh as the UK-based own-label group looks to focus on markets that offer it the best chance for growth.
| 21 Oct 2013
UK-based private-label supplier Bakkavor has admitted breaching health and safety after being fined over an employee incident at its facility in Harrow.
| 14 Oct 2013
Bakkavor has said its UK salad and prepare vegetables arm Wingland Foods is to expand production, creating up to 200 jobs.
| 27 Sep 2013
Produce Investments, the UK potato firm that supplies companies including Tesco and Marks and Spencer, has reported higher annual profits.
| 15 Aug 2013
UK chilled foods supplier Bakkavor saw its earnings soar in the first half, boosted by the disposal of its French and Spanish businesses.
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