US manufacturer Hain Celestial has struck again across the pond. And its latest acquisition in the UK seems to be the one with most potentia...
Hain Celestial, the US food group, has made another acquisition in the UK. It believes the purchase of ambient brands from Premier Foods wil...
Hain Celestial has said its acquisition of Irish food firm Cully & Sully will help it roll out chilled products in the US.
With some major national events on the horizon - the London Olympics, Paralympics and the Diamond Jubilee - the UK looks set to see an upsurge in patriotic sentiment this summer. The country's food manufacturers and retailers have invested a pretty penny to ensure that they can cash in on this jubilant atmosphere. However, Katy Askew suggests, the industry should be equally prepared for the comedown.
The CEO of Hain Celestial has told analysts that the US food company will look to make more acquisitions this year, in the US and Asia.
After a few months of relative calm, the food industry has, in the last week or so, seen a number of takeovers - signed or speculated - hit the headlines.
US-based food group Hain Celestial has made another acquisition in the UK, this time snapping up organic baby food firm Ella's Kitchen.
Hain Celestial has added a raft of products to its portfolio in the US, including the launch of its UK soup brand New Covent Garden.
Hain Celestial is to launch its Greek Gods yoghurt line in the UK later this year.
Hain Celestial's acquisition of Premier Foods' spreads assets will make the US food group "a scale player" in the UK, a senior executive has claimed.
Hain Celestial has today (22 August) been announced as the buyer of Premier Foods's spreads assets, including brands such as Hartley's jam and Sun-Pat peanut butter.
Hain Celestial is to offload UK sandwich unit Daily Bread as the company reshapes its business in the country.
Hain Celestial has posted "record" full-year financial results on a significant day in the US company's recent history.
US food company Hain Celestial has acquired Irish chilled soup manufacturer Cully & Sully as the company continues to expand its international business.
Hain Celestial has revealed plans to sell private-label ready-meal assets in the UK, which were acquired in October when the US food firm bought local firm Daniels Group.
US food company Hain Celestial has upped its full-year earnings forecast, after posting a "record" increase in third-quarter profits.
US food company Hain Celestial has hailed "record" first-half profits, boosted by expanded distribution and the acquisition of UK firm Daniels Group last year.
It's financial results season this week, with Kraft and Tate & Lyle performing strongly, while Chiquita and Whole Foods faltered. Diamond Foods' deal to buy Pringles from Procter & Gamble was delayed, prompting consternation among stockholders, and Portuguese retailer Jeronimo Martins announced extensive investments in Latin America. Click on the headlines for more.
Tesco and Ocado stepped up their promotional activity in October but the latest data from the just-food Promo Tracker showed a split among retailers.
An increase in sales and moves to improve productivity have offset higher raw-material costs and led to improved first-quarter profits at US firm Hain Celestial.
This week, key M&A announcements dominated the headlines with US food maker Hain Celestial acquiring UK chilled foods firm Daniels Group, in a bid to expand the international presence of both companies. Ireland-based Greencore was in sales talks with unnamed sources. Meanwhile, rival confectioneries Ferrero and Hershey look to expand overseas.
We had this week that M&A activity in the food industry - at least in the UK - had slowed in the third quarter of the year but the final three months has seen deal-making return to the headlines with Hain Celestial's takeover of Daniels Group and rumours around the future of Greencore. Click on the headlines for more.
Hain Celestial chief executive Irwin Simon has said the takeover of Daniels Group will bolster the US firm's presence in the UK's retail sector.
Hain Celestial has today (25 October) confirmed the acquisition of UK chilled foods firm Daniels Group.
PepsiCo's strategic options grabbed the headlines this week, with the company insisting it was not considering plans to split in two and then 48 hours later being linked to a yoghurt venture with German dairy group Müller. In Germany, meanwhile, Metro Group's CEO announced he would leave the retailer next year. Elsewhere in the retail sector, Wal-Mart was forced to close stores in China amid a probe into pork prices and we interviewed Spar International on its moves in emerging markets.
Hain Celestial, a US maker of organic foods, is reportedly in talks to buy UK chilled foods firm Daniels Group.
Tesco and Sainsbury's trading updates dominated the industry headlines here in the UK but, as the week came to a close, another profit warning from the country's largest food maker, Premier Foods plc, stunned the sector. Elsewhere, Hershey and Ferrero joined forces on logistics, while there was plenty of M&A talk, including a significant deal in the sugar sector.
The owner of Daniels Group, which produces the New Covent Garden Soup Co. range, has confirmed it is in negotiations to sell the company.
Daniels Group has overhauled its New Covent Garden Soup Co. range in the biggest revamp in the brand's history.
Daniels Group has added to its New Covent Garden Soup Co. range with the introduction of a new south-east Asia-inspired soup.
- 2017: three major drivers of M&A strategy
- Comment: Premier has more to ponder than Brexit
- The food market in 2017 - consumer trends and M&A
- just-food 2017 Survey - your thoughts on growth
- 2017 - what will shape the UK food sector?
- Premier Foods issues profit warning
- UK's Bakkavor plays down IPO "speculation"
- Nestle mum on Mead Johnson takeover talk
- Kellogg to slash 250 jobs
- Mondelez sells Vegemite to Bega