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.
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.
Tican has agreed to sell the shares of its pig slaughtering and meat processing business to German food company Tonnies.
TreeHouse Foods confirmed that it will acquire ConAgra's private brands business for US$2.7bn. Kellogg revealed further declines at its US cereal business. The Kraft Heinz Co. reported its first results as a combined group – and detailed further job cuts. Here are the highlights from just-food this week.
Danish Crown has called off its merger with Tican, it announced today (2 November).
Arla Foods executive vice president Jais Valeur has been appointed as the new chief executive of Danish meat co-operative Danish Crown.
Danish Crown, the Denmark-based meat co-operative, has announced job cuts at a domestic abbatoir will not be as severe as it first announced.
A merger between Danish meat co-operatives Danish Crown and Tican could hit local competition, the European Commission has warned.
US poultry group Sanderson Farms posted higher half-year sales and profits, although there was some concern on Wall Street about the near-term outlook for the business. Barilla announced its results for 2014, which included an increase in revenue and earnings.
Denmark-based meat co-operative Danish Crown is to acquire a majority stake in Swedish slaughterhouse Dalsjöfors Slakteri.
Tulip, the UK arm of Danish Crown, aims to grow its presence in discount, independent and wholesale channels through its Plumrose canned meat and meals range.
Danish Crown and Westfleisch are forming West Crown, a joint venture for the boning and sale of sow meat.
Last week, just-food was live at the Consumer Analyst Group Europe conference, where some of the largest industry names including Nestle, Strauss and Danone provided business updates. Elsewhere, Mars confirmed plans to invest in a Snickers production plant in India. Rumours were also rife General Mills was looking to offload its Green Giant business. Here is the week in quotes.
Danish Crown has announced plans to cut capacity at a facility in Denmark, a move that is likely to affect 280 staff.
France's competition watchdog this week confirmed an announcement on its three-year long probe into allegations of a price fixing in the country's yoghurt sector is imminent. Elsewhere, US companies affected by the dispute on West Coast ports said the backlog would take weeks to clear.
Danish Crown and Tican, two of Denmark's largest slaughterhouse co-operatives, have proposed merging their operations.
Tulip, the UK arm of Danish Crown, hopes to grow its Grillstock brand in UK retail through the launch of a number of new BBQ meat products.
Danish Crown's UK arm, Tulip, has launched a low-salt version of its Danepak bacon in the country.
Tulip, the UK arm of pork processor Danish Crown, is looking to change shift patterns at its plant in Tipton.
Danish Crown said that it put in a "robust" full-year performance in the face of challenging market conditions, including the Russian import ban and its fallout.
Global Meat Market: Merger and Acquisitions February 2014
The report provides a review of the mergers and acquisitions (M&As), partnering deals, and agreements entered into by companies active in the global meat market during February 2014....
Chilled & Deli Food in Europe
Chilled & Deli Food in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2009-13, and forecast to 2018). The profile also contain...
Meat (Fresh and Processed)
This report analyzes the worldwide markets for Meat (Fresh and Processed) in Thousand Metric Tons by the following Product Segments: Pork, Lamb & Goat, Beef & Veal, and Poultry. The report provides se...
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