UK pork group Cranswick this morning (20 April) booked an increase in adjusted annual earnings and in sales. Profits exceeded analysts' expe...
The UK pork sector hit the headlines when Dutch food group Vion announced plans to exit the market. The sudden withdrawal of a major player...
Tulip, the UK arm of pork giant Danish Crown, is most associated closely with its bacon products. However, over the past three years the group has evolved into a more broad-based food company. Jonathan Barbet, commercial manager at Tulip UK, talks to just-food about this development, the benefits that it brings and where Tulip sees future growth.
Hitting headlines this week was the bidding war for Hillshire Brands which saw Tyson Foods and Pilgrim's Pride both go head to head. Elsewhere, Peters Food Group was acquired by R&R Ice Cream, while Nestle and Fonterra issued a statement saying they were scaling back their Latin American partnership. Also this week, Synlait Milk announced it was revising its 2014 earnings outlook and Danish Crown announced 190 jobs would go as it chose to close its Bornholm slaughterhouse.
Danish Crown has confirmed the closure of an abattoir in Bornholm with the loss of 190 jobs.
This week we returned from Vietnam after exploring the country's dairy sector. Russia hit the headlines once again as its EU pork ban weighed heavy on Danish Crown's list of woes, and its ongoing battle with Ukrainian confectioner over seized assets continued. Win-wise, Wilmar celebrated after a revised takeover bid for Goodman Fielder was accepted and elsewhere Bon-Bon Buddies secured a UK distribution deal with Italian confectioner Zaini. Here is the week in quotes.
Danish Crown has said its ability to serve markets around the world helped the meat group in a fiscal first half that saw Russia ban imports from the EU and the PEDV virus hit US production.
This week the debate on whether the method of slaughter should be slapped on meat hit headlines in the UK. Elsewhere, Danish Crown's UK meat arm Tulip, Associated British Foods' Allied Bakeries and Murray Goulburn both announced investments into processing facilities. And Mondelez International said it would be zeroing in on its snacking business, with a move to merge its coffee arm with sector specialist DE Master Blenders 1753.
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- Why whole sector should take heed of meat scrutiny
- Tyson sells Mexico, Brazil ops to JBS
- 2 Sisters "passes" FSA poultry plant audits
- FrieslandCampina to form "dairy zones" in Vietnam
- Danone H1 profits down but sticks to FY goals
- FSA ordered to carry out review on 2 Sisters