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ConAgra suggests there is life in old brands yet

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...

What peanut exec sentence says about food safety

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...

What US companies might Nomad Foods buy?

Stefan Kirk, M&A advisors Glenboden | 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.

Will Bonduelle swoop for Green Giant?

Katy Askew | 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.

Focus: ConAgra own-label exit plan is about growth

Katy Askew | 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.

M&A Watch - ConAgra should divest Commercial Foods

Stefan Kirk, M&A advisors Glenboden | 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.

Latest Interviews

US crisp bread brand RyKrisp looks to start anew

Dean Best | 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.

just-food interview - Quorn Foods CEO - part two

Dean Best | 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.

Latest News

Industry news of week - ConAgra, ThinkThin, Danone

Dean Best | 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.

Quotes of week - ConAgra, Danone

Dean Best | 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.

ConAgra Foods to split into two

Hannah Abdulla | 18 Nov 2015

ConAgra Foods has announced plans to split its business into two independent companies.

Quotes of the week: TreeHouse, Kellogg

Hannah Abdulla | 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.

TreeHouse to buy ConAgra's private-label arm

Hannah Abdulla | 2 Nov 2015

TreeHouse Foods, the US own-label supplier, is to acquire ConAgra Foods' private-label businesses in a US$2.7bn deal.

TreeHouse 'in advanced talks to buy Ralcorp'

Hannah Abdulla | 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.

Industry news of week - Quorn, Mondelez, Kellogg

Dean Best | 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.

Food industry quotes of the week - Quorn, ConAgra

Dean Best | 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.

ConAgra Foods "efficiency" drive to hit 1,500 jobs

Dean Best | 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.

ConAgra expands Marie Callender's range

Katy Askew | 30 Sep 2015

ConAgra Foods is expanding its offering under the Marie Callender's brand with the launch of three pot pie variants.

Food industry quotes of the week

Dean Best | 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.

Industry news of week - Russia GMOs; US and waste

Dean Best | 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.

ConAgra launches Simply Café Steamers

Katy Askew | 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.

ConAgra raising margins in consumer, commercial

Katy Askew | 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.

Food industry news of week: Nestle India, ConAgra

Dean Best | 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.

ConAgra to pull BPA from canned foods range

Dean Best | 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.

Post, TreeHouse "in talks over ConAgra own-label"

Dean Best | 29 Jul 2015

Post Holdings and TreeHouse Foods are reportedly among the potential suitors for ConAgra Foods' private-label arm.

Food industry news of week - ConAgra, JBS

Katy Askew | 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.

ConAgra confirms private-label exit

Katy Askew | 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.

News of the week – Ferrero & Thorntons

Katy Askew | 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.

ConAgra to engage with activist Jana

Katy Askew | 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.

Food industry news of week: Hershey, Nestle

Dean Best | 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.

Latest blogs

Ex-Nestle, Kraft execs join ConAgra board

Hannah Abdulla | 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.

Nestle, ConAgra ditch "diet" for "wellness" in frozen food push

Hannah Abdulla | 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.

Company research

ConAgra Foods, Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report

ConAgra Foods, Inc. - Mergers & Acquisitions (M&A), Partners

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organi...

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ConAgra Foods Inc in Packaged Food (USA)

ConAgra Foods Inc in Packaged Food (USA)

ConAgra Foods Inc is looking to drive growth through the continued development of its private label portfolio and through product innovation. ConAgra is now the largest private label manufacturer in N...

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Global Savory Snacks Market: Merger and Acquisitions August 2014

Global Savory Snacks Market: Merger and Acquisitions August

The report provides a review of the mergers and acquisitions (M&As), partnering deals, and agreements entered into by companies active in the global savory snacks market during August 2014. Using th...

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