Almost five years after Bright Food snapped up a majority stake in Weetabix, the state-backed Chinese group is said to be looking to offload...
Diamond Foods side-stepped market talk it has put itself up for sale and even suggested it would be open to broadening its own portfolio dur...
The move from General Mills and Sodiaal to expand Yoplait into China is a significant step for the yoghurt brand. The potential of the Chinese yoghurt market and its growth profile makes it a tempting prize for any yoghurt manufacturer. But, Katy Askew asks, have General Mills and Sodiaal taken the best route to expansion in the market?
State-backed Chinese food giant Bright Food Co. continued to make progress with its "go global, bring in" ambition when it acquired a majority stake in Italian olive oil manufacturer Salov Group last week. The move is typical of Bright's international strategy as the group continues to further its agenda to grow globally and bring overseas brands to Chinese consumers. Katy Askew reports.
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.
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.
Post Holdings, the US group behind breakfast cereal brands Grape-Nuts and Honey Bunches of Oats, this morning (18 April) confirmed it has struck a deal to buy UK business Weetabix in a deal worth GBP1.4bn (US$1.76bn).
Post Holdings has reportedly sealed a deal to acquire UK cereal business Weetabix from its Chinese owners, Bright Food Group, for US$1.76bn.
Olive oil supplier Filippo Berio has worked with UK snacks and ingredients maker Chaucer Food Group to launch a range of branded crostini in the country.
Post Holdings, the US breakfast cereal business, is reportedly one of two bidders left in the race to buy UK peer Weetabix.
Weetabix has confirmed that it will push ahead with a GBP30m (US$37.6m) investment to increase production as Nestle, General Mills, Post Holdings, Associated British Foods and Barilla reportedly line up to submit bids for the business.
Pladis, the UK-based subsidiary of Turkish food conglomerate Yildiz Holding, has said it is not among firms reportedly lining up to take control of Weetabix, the UK-based breakfast cereal business owned by China's Bright Food.
Weetabix, the UK-based breakfast cereal business owned by China's Bright Food, is reportedly attracting interest from a number of food multinationals.
China's Bright Food Group is reportedly looking to sell its shares in UK breakfast cereal producer Weetabix.
South Africa's Pioneer Food Group has acquired a 49% stake in the east African business of UK breakfast cereal group Weetabix.
A subsidiary of China's Shanghai-listed Bright Food Group, Shanghai Maling Aquarius, has been cleared by the New Zealand government to take a 50% stake in local meat co-operative Silver Fern Farms in a NZD261m (US$191m) deal.
Weetabix, the UK-based breakfast business, has said it plans to roll out traffic-light nutrition labels onto all the cereals sold in its domestic market over the next year, following its decision to start using the lights on two lines this month.
The decision by New Zealand meat co-operative Silver Fern Farms to sell half its business to Chinese peer Shanghai Maling has again been approved in a shareholder vote after a group of members opposing the deal called for a second ballot.
Bright Dairy & Food Co., the Chinese dairy group, saw its profits fall by more than a quarter amid a decline in sales.
Weetabix has made another move to target interest in protein in the UK with the launch of a version of its flagship product that is enriched with the ingredient.
China's Bright Dairy & Food Co. has reported a slump in earnings in the first nine months of the year as higher sales were offset by factors including an increase in sales expenses and a jump in financial costs.
Bright Food & Dairy Co. has confirmed plans to invest CNY43.3bn in the development of an “ecological” dairy farm project.
Bright Dairy & Food Co., the Chinese group, has reported a 4% drop in half-year earnings amid "intense" competition in the sector.
A deal for Green Giant could be nearing with claims US group B&G Foods is in advanced talks to buy the business from General Mills. Elsewhere, eight companies have expressed interest in Australia's Brownes Dairy, while one sale that was announced this week was the acquisition of European snack bar maker VSI by US co-packer Hearthside Food Solutions. And one story that caught your attention was upstart US egg-free mayo maker Just Mayo coming under fire from the country's food watchdog.
Australian dairy group Lion and Chinese giants Bright Food and Fosun are reported to be among eight parties that have expressed interest in buying Brownes Dairy, the Australian dairy business.
Bright Food Group, the Chinese owner of food brands from Weetabix to Filippo Berio, has made a move to buy Spanish wholesaler Miquel Alimentació.
Australian baked good firm, The Cake Syndicate, has said it is seeking an investor to fund capital expansion and growth into Asia.
Bright Dairy & Food Co. plans to raise CNY9bn (US$1.45bn) to buy a controlling stake in Israel's Tnuva from its parent company Bright Food Group Co.
Baring Private Equity Asia has struck a deal to buy 40% of UK-based cereal group Weetabix.
China's Bright Dairy and Food Co. has reported a jump in sales and profit for the first quarter of the year.
The UK government wants the country's food exports to reach the levels of France and Germany, officials said today (21 January) as a new office set up to drive business overseas was formally unveiled.
Speculation Bright Food is planning to float its Australian asset, the distributor Manassen Foods, has resurfaced, with a report the Chinese giant has hired banking advisers to line up a listing next year.
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