Much has been made of the decline of legacy brands in the US, which have failed to keep up with shifting consumer demands. In its second-qua...
This week saw the owner and CEO of the now defunct Peanut Corporation of America, Stewart Parnell, sentenced to a 28-year jail term over his...
| 26 Aug 2015
Within a year of being established, Nomad Foods has made waves in Europe's frozen food sector, snapping up Iglo Group and agreeing a deal for much of Findus Group's assets. The UK-listed company is eyeing opportunities in the US. Stefan Kirk, just-food's M&A columnist and advisor at M&A consultants Glenboden, puts forward some possible targets for Nomad.
| 22 Jul 2015
With General Mills apparently preparing to sell its Green Giant brand, Bonduelle is rumoured to be looking at a bid. The fit between Green Giant and Bonduelle's existing business is a natural one and the move would significantly step up the French group's presence in North America. However, Green Giant has seen lacklustre sales and its market share decline. Would Bonduelle move for a turnaround story? Katy Askew investigates.
| 1 Jul 2015
ConAgra Foods announced that it will sell off its loss-making private label business yesterday (30 June) in a move that, the company said, will help unlock value for its shareholders. But selling off private brands is about more than offloading an asset that is a challenging turnaround story. New CEO Sean Connolly insists it is about putting ConAgra back on the road to growth. Katy Askew reports.
| 25 Jun 2015
The investment in ConAgra's shares by hedge fund Jana Partners has prompted speculation that the group will sell one of its divisions, in order to better realise shareholder value. While the emphasis seems to be so far on ConAgra's troubled Private brands business, Stefan Kirk of M&A advisory Glenboden believes that the Commercial foods unit should be the divestment priority.
| 15 Oct 2015
Offloaded by ConAgra Foods this year, US crisp bread maker RyKrisp is starting again under new ownership. Ted Leavitt, a former Pillsbury executive, snapped up RyKrisp and is heading a business looking to prove a brand that fell out of favour at one of the giants of the sector can thrive. Dean Best spoke to Leavitt about his plans.
| 17 Jan 2014
Quorn Foods, the UK-based meat-free group, is enjoying a period of robust sales growth in the UK - but the business, owned by Exponent Private Equity, has international ambitions. In part two of the latest just-food interview, CEO Kevin Brennan discusses the company's overseas performance and prospects.
| 23 Nov 2015
US group ConAgra Foods, fresh from agreeing to sell the bulk of its own-label business, set out plans to split its remaining operations in two. Staying in the US, Glanbia struck a deal to buy protein foods maker ThinkThin, while local distributor Pompeian Group is to merge with Spanish olive oil co-op DCOOP. Olive oil was under scrutiny in Italy, where a clutch of products face a regulatory investigation over claims products are being mis-sold as extra virgin olive oil.
| 23 Nov 2015
ConAgra Foods CEO Sean Connolly, appointed earlier this year to revitalise the US group, announced its latest strategic change, with the company planning to split in two. Tyson Foods explained its decision to close two plants in the US, while Danone set out plans to grow sales and margins year-on-year.
| 18 Nov 2015
ConAgra Foods has announced plans to split its business into two independent companies.
| 6 Nov 2015
This week, TreeHouse Foods announced the acquisition of ConAgra Foods' troubled private-label arm for US$2.7bn. Kellogg posted yet another quarter of falling cereal sales, although CEO John Bryant insisted the category was improving. Kraft Heinz Co. announced a fresh swathe of job cuts across the US and Canada And just-food interviewed UK cheese maker Wyke Farms MD Richard Clothier who highlighted the challenges in the UK market for an independent dairy operator.
| 2 Nov 2015
TreeHouse Foods, the US own-label supplier, is to acquire ConAgra Foods' private-label businesses in a US$2.7bn deal.
| 23 Oct 2015
TreeHouse Foods is reportedly in late-stage talks to acquire ConAgra Foods' private-label business Ralcorp, a deal that could be worth US$2.5-2.7bn.
| 2 Oct 2015
Quorn Foods' sale to Monde Nissin was the stand-out story this week got you clicking. News of a potential transaction also caught your interest, with speculation Mondelez International may be looking to offload its European cheese and grocery business.
| 2 Oct 2015
Philippines group Monde Nissin was this week named as the buyer of Quorn Foods, agreeing a deal that valued the UK meat-free business at GBP550m. ConAgra Foods, under-pressure from changing consumer trends in the US, outlined its plan to revitalise the group, with 1,500 jobs to go as part of the process. And just-food interviewed seafood giant Thai Union Group about its sustainability programmes.
| 1 Oct 2015
ConAgra Foods, the US food group, is to cut around 1,500 jobs as part of plans to generate US$300m in "efficiency benefits" to boost productivity and profits.
| 30 Sep 2015
ConAgra Foods is expanding its offering under the Marie Callender's brand with the launch of three pot pie variants.
| 25 Sep 2015
Former Peanut Corporation of America CEO Stewart Parnell was this week sentenced to 28 years in jail over a fatal salmonella outbreak in the US seven years ago, prompting debate over how different outbreaks are viewed. In Russia, the country's deputy PM said Moscow would ban the use of GMOs in food production. And ConAgra Foods CEO Sean Connolly explained the company's approach to its brands after seeing some progress in recent weeks.
| 25 Sep 2015
Russia this week reportedly ruled out the use of GMOs in its food production, a further stiffening of its position on the issue. In the US, meanwhile, the Obama administration announced plans to halve food waste in 15 years. And, among a series of stories out of France, came news of raids from the country's competition watchdog on compote manufacturers.
| 25 Sep 2015
ConAgra Foods is working to revitalise its Healthy Choice frozen food brand in the US through the introduction of Simply Café Steamers.
| 22 Sep 2015
ConAgra Foods has said it is making progress against its strategy to improve margins within a "more focused portfolio" and revealed that it expects to deliver news on the sale of its private-label business this autumn.
| 31 Jul 2015
Nestle this week a change of leadership at its embattled unit India, which has been under the spotlight in recent weeks over the nationwide Maggi recall. Elsewhere, ConAgra Foods was reported to have started talks to sell its own-label unit, with Post Holdings and TreeHouse Foods said to be interested. Our interview pages included chats with the founder of US organic baby food firm - and Danone subsidiary - Happy Family, Chinese bakery business Dongguan Kam Tai Foods and UK gluten-free company Mrs Crimble's.
| 30 Jul 2015
ConAgra Foods, the owner of brands including Chef Boyardee pasta and Rotel tomatoes, is removing bisphenol A from the lining of its food cans.
| 29 Jul 2015
Post Holdings and TreeHouse Foods are reportedly among the potential suitors for ConAgra Foods' private-label arm.
| 3 Jul 2015
ConAgra said that it will sell its private brands business after reporting losses. We asked whether General Mills' plans to turn around US sales will work and took a detailed look at what Grexit would mean for the food industry in Greece. Here are this week's highlights on just-food.
| 30 Jun 2015
ConAgra Foods today (30 June) revealed it will sell its private-label business as the US group confirmed the unit's performance weighed on full-year sales and earnings.
| 26 Jun 2015
This week has been bumper for food sector M&A. Ferrero announced that it is gobbling up UK chocolate maker Thorntons. JBS is taking control of Moy Park from heavily indebted Brazilian meat group Marfrig. Grupo Bimbo also announced it has purchased parts of Spanish baker Panrico. Meanwhile, in the world of retail, Delhaize and Ahold revealed plans to combine. Here is just-food's top news and insight coverage from this week.
| 19 Jun 2015
ConAgra Foods said that it is “looking forward” to engaging with Jana Partners after the activist investment vehicle disclosed a 7.2% stake in the food group.
| 19 Jun 2015
China continues to be an issue for Hershey, which today (19 June) cut its forecast for 2015 sales for the second time this year thanks to challenges in the market. Meanwhile, around 300 jobs are to go at the US confectionery giant as it tries to react quicker to changing market trends. Nestle, which has had its own issues in China, this week also indicated growth in parts of Africa had not been as rapid as it had hoped.
| 9 Jul 2015
ConAgra Foods has appointed former senior executives at Nestle and Kraft to its board, just three weeks after activist investor Jana Partners took a 7% stake in the US food group.
| 21 Oct 2014
As the importance of health has grow in consumers' minds, frozen food has been left out in the cold. But two major manufacturers in the US are looking to heat up the sector by claiming frozen food means healthy.
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