For US and European companies exporting products to Russia, the operating environment has been challenging to say the least. Recent comments...
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 highlights the challenges pork processors are grappling with, including rising input costs and tough pricing negotiations. Nevertheless, as the sector embarks on a process of consolidation and capacity is taken out of the category, the balance of power could be shifting down the pork supply chain. In part one of our two part Category Crunch, Katy Askew examines some of the issues facing the sector.
The UK pork sector is in a state of flux. Pig meat prices have been forced up by a number of factors - ranging from higher input costs to constricting supply and pending European animal welfare regulations. Cost increases are therefore being passed down the chain as retailers look to balance the need to secure supply against the pressure of operating in a constrained consumer environment. In part two of our Category Crunch, Katy Askew looks at the different strategies that pork processors are employing to grow revenues.
Danish Crown is grappling with a world meat market marked by the Russian import ban and weaker European demand. In response, the Danish co-operative plans to use its global footprint, on the one hand, while capitalising on growth areas such as increasing consumer interest in organics, on the other. Katy Askew spoke to Henrik Biilmann, MD of Danish Crown's organic arm Friland, to find out more.
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.
JBS, the Brazil-based meat giant, has moved to expand its business in the US through the acquisition of bacon and deli meats business Plumrose USA from Danish Crown, the Denmark-based meat cooperative.
Danish Crown has decided to sell Plumrose USA as the US bacon-to-deli meats business does not fit the Denmark-based meat cooperative bid to grow on the back of investment in northern Europe and Asia.
The UK arm of Denmark-based meat co-operative Danish Crown has acquired UK foodservice company Leivers Brothers for an undisclosed sum.
Commenting on topics as diverse as sugar reduction, job cuts and M&A, here is a summary of the food industry's week in its own words.
Tulip, the UK subsidiary of Denmark-based meat co-operative Danish Crown, has warned more than 100 jobs could be axed at its Redruth site as a result of changes to shift patterns.
Danish Crown has acquired German beef processor Teterower Fleisch in a move that the company said will make it the fifth-largest beef processor in Germany and a "major player" in the northern European market for organic beef.
A new government-industry "food partnership" initiative has been launched aimed at boosting exports from the Danish food sector by more than DEK30bn (US$4.2bn).
Danish Crown has booked a fall in annual profits after what the meat cooperative described as a year of "special challenges".
Danish Crown aims to consolidate is position in Denmark, Sweden, the UK and Poland to become the "market-leading" pork group in northern Europe.
The new CEO of Denmark-based meat cooperative Danish Crown's troubled UK subsidiary, Tulip, has announced a major shake-up of the firm, just days after his appointment, to help Tulip regain its "mojo".
Denmark-based meat cooperative Danish Crown has appointed "problem solver" Steve Francis as CEO of the group's troubled UK subsidiary Tulip with effect from 5 September.
Danish Crown, the meat processing co-operative, is to cut around 120 staff at a domestic plant.
Danish Crown is seeking to increase its supply of "higher welfare" pigs on the back of growing demand in the UK and other markets.
Danish Crown, the Denmark-based meat co-operative, has reported a fall in half-year earnings, with new chief executive Jais Valeur pointing to pressure on retail prices.
Danish Crown's UK arm Tulip has announced it is creating 100 jobs at its King Lynn site in Norfolk.
Danish Crown has announced the departure of the executive in charge of the meat co-operative's operations in the UK, citing a "disagreement" over strategy.
Speculation is mounting over the ownership of Dunbia, the UK meat processor, after fresh reports in the UK and Ireland.
Danish Crown has announced it is to axe 121 jobs at a Tulip site in the UK.
This week, in the US, Campbell Soup Co. announced it would back proposed plans for blanket GMO labelling in the country, while General Mills announced its second acquisition in recent weeks, this time of meat snacks firm Epic Provisions. The industry also reacted to the release of the new Dietary Guidelines for Americans. Elsewhere, Ukraine hit back on a product embargo enforced by Russia, Danish Crown said jobs could be lost in the UK and we spoke to Urban Fresh Foods about its sale to Lotus Bakeries.
General Mills this week announced another acquisition, following up its move for Brazilian yoghurt maker before Christmas with a deal for US meat snacks firm Epic Provisions. Ahead of the holiday period, speculation emerged UK company 2 Sisters Food Group was seeing what interest there is in the market for its biscuits unit Fox's, although the talk was cooled this week. Elsewhere, Danone said it would end production at two plants in Russia, PepsiCo was upbeat about the prospects for Doritos in India and the US reacted to the release of the latest Dietary Guidelines for Americans.
Tulip, the UK arm of Danish Crown, has confirmed 430 jobs are at risk at its cooked meat operations in Bodmin.
Hormel Foods has indicated it has "bold growth plans" for peanut butter brand Skippy in the UK as the US group announced a change of distributor for the product in the country.
Ahead of the climate talks in Paris, Unilever announced plans to be carbon positive from its operations by 2030. Elsewhere, there was more consolidation in the US food sector, with Pinnacle Foods moving for Boulder Brands. Tyson Foods, Post Holdings and Greencore all had annual results out in the week. Maple Leaf Foods outlined plans to "streamline" its business, which is set to lead to the loss of 400 staff. Here is the week in quotes.
Danish Crown has delivered an increase in annual profits for the year despite challenges in the European pork market.
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