13 January 2014
Chinese food giant Bright Food has reportedly snapped up a stake in Australian dairy Mundella Foods.
3 January 2014
Bright Dairy & Food Co., the dairy unit of Chinese food giant Bright Food, has signalled it plans to invest in driving growth across its business by increasing production capacity by 40%.
29 November 2013
With an increasingly affluent population of more than 1.36bn mouths to feed the potential offered by China's food sector is immense. But the size of the opportunity does not, in itself, guarantee success. Competition is fierce as multinational food groups and local players alike look to grow their share of this vast pie. Katy Askew examines the competitive dynamics of the Chinese food sector.
21 November 2013
Bright Food, the Chinese food group that owns a controlling stake in UK cereal maker Weetabix, is understood to have confirmed its interest in listing the business.
3 September 2013
China's Bright Food is understood to be holding talks with Israel's largest food manufacturer and distributor Tnuva about a potential acquisition.
26 June 2013
New Zealand dairy ingredients and infant formula firm Synlait Milk has outlined plans for its IPO - and how it intends to spend the proceeds from the listing.
3 June 2013
Investment is flowing into and from the world's emerging markets, as two transactions involving US firms Smithfield Foods and McCormick & Co. highlighted last week.
30 May 2013
Hershey, long criticised for the slow speed with which it entered faster-growing confectionery markets, has seen sales jump in China in recent years on the back of its homegrown chocolate brands. However, chocolate is not China's largest confectionery sector and competition is fierce. Hershey has wisely launched a candy brand targeted at Chinese consumers. Candy is crowded, too, but as, Dean Best writes, the move demonstrates the company knows products tailored to local needs could help it gain ground faster.
20 May 2013
In recent months, Danone has come under scrutiny for the performance of its fresh dairy operations in Europe. However, in spite of - or perhaps because of - the work needed to turn that business around, the French food giant appears to be stepping up expansion in faster-growing markets and categories.
14 May 2013
New Zealand dairy ingredients and infant formula firm Synlait Milk, in which China's Bright Food owns 51%, is considering listing on the stock market.
9 May 2013
Irish food group Glanbia today (9 May) confirmed it is working with Bright Food to look into potential ventures in the Chinese firm's home market but brushed off reports of a deal.
19 April 2013
Could sovereign wealth funds and pension funds become more active participants in deal-making in the FMCG industry? Perhaps so, writes Dean Best.
8 April 2013
The private-equity owners of Burton's Biscuit Co. are "considering options" for the UK's second-largest biscuit maker, a process that could lead to an eventual sale. Katy Askew takes a look at the players for whom an acquisition of Burton's could hit the sweet spot.
2 April 2013
Yashili International Holdings has received the go-ahead to invest CNY1.1bn (US$176.7m) to establish a dairy processing facility in New Zealand.
31 January 2013
There may be caution over the prospect for blockbuster deals in a dilapidated economic environment, but the food sector mergers and acquisitions table still has plenty to whet the appetite.
11 January 2013
Yashili International is to spend CNY1.1bn (US$176.7m) to build a 52,000-tonne capacity dairy in New Zealand, via its recently established subsidiary in the country.
8 January 2013
Analysts at Experian believe that overseas investment will maintain the momentum of mergers and acquisitions in the UK food sector.
7 January 2013
Food and drink deals, particularly the acquisition of Weetabix by China's Bright Food Group, dominated large-scale merger and acquisition activity in the UK in 2012, a new report by Experian shows.
2 January 2013
China's Inner Mongolia Yili Industrial Group has announced a deal to buy New Zealand's Oceania Dairy Group and plans to build an infant formula plant in the country, according to reports.
19 December 2012
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. However, a look at just-food's M&A coverage this year shows there have been few big-ticket, transformational deals.
18 December 2012
Looking behind the headlines is just-food's signature dish and this year we looked at the major stories in-depth, including the possible suitors for United Biscuits' salty snacks business; the work ahead for China's Bright Food after it bought Weetabix and the prospects for the two companies created by Kraft Foods' split in two.
6 November 2012
Bright Food, the Chinese food group that owns a controlling stake in UK cereal maker Weetabix, has insisted its primary focus is on expanding the brand in the country amid reports it could list the business.
8 May 2012
Bright Food, the Chinese food group, this week at last planted its first flag in Europe with an investment in UK cereal firm Weetabix. Elsewhere in Europe, the CEO of Norway-based consumer goods company Orkla quit amid a disagreement with the company's board and German retailer Metro Group reported a quarterly loss. We also published our latest Sustainability Watch interview, which focused on US food giant General Mills. Click on the headlines for more.
8 May 2012
Bright Food, the Chinese food group, was full of confidence this week about the prospects for UK cereal firm Weetabix, its first investment in Europe after missing out on companies including United Biscuits and Yoplait. Elsewhere, Orkla explained why its CEO had resigned from the Norwegian consumer goods group, German retailer Metro Group insisted its sales were improving after it reported a quarterly loss and UK peer Morrisons said it would not chase unprofitable volumes despite a fall in like-for-like sales.
3 May 2012
Ambitious Bright Food, the Chinese state-backed food group, missed out on previous Western targets like United Biscuits and Yoplait but it has planted a flag in Europe with the acquisition of a majority stake in UK cereal manufacturer Weetabix. The deal could give Bright Food some Western expertise to apply to its domestic business but, as Dean Best reports, its faces a challenge in building the brand in China, where it remains early days for breakfast cereal.
3 May 2012
China's Bright Food has acquired a majority stake in UK cereal maker Weetabix.
30 April 2012
2011 was a year of commodity cost inflation and the food industry had hoped raw materials prices would fall back this year. However, in some cases, prices remain stubbornly high. The just-food Confidence Survey showed manufacturers remain determined to push through costs but competition between retailers remains intense, which could lead to a wave of consolidation in the sector.
23 April 2012
Private-equity firm Lion Capital has declined to comment on reports it is in talks to sell UK cereal manufacturer Weetabix to China's Bright Food.
28 March 2012
The private-equity owners of United Biscuits are considering offloading the salty snacks side of the business may come as little surprise, with the UK group set to be split in two. With the auction process expected to begin in several months time, Katy Askew takes a look at the likely suitors for the Hula Hoops maker.
6 February 2012
Some of the world's largest retailers struggled in 2011, which promises to mean even more intense competition in 2012. What could this mean for suppliers? Ultimately, it could mean the industry witnesses more consolidation this year.