Del Monte Foods
US food groups General Mills and ConAgra Foods report their annual results next week. Meanwhile, US peer Hormel Foods holds its annual inves...
Del Monte Foods is said to be looking to offload its canned food business. Such a deal may not come as a surprise to industry observers give...
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PepsiCo talked of "snackifying" and "drinkifying", the UK coalition government warned of "nannying" and Carrefour blamed a "management malfu...
Del Monte Pacific, the Asia-based group that recently acquired Del Monte Foods' canned foods arm, has reported higher underlying annual profits.
Singapore-based food and drink group Del Monte Pacific has booked an increase in underlying third-quarter profits on the back of higher branded and own-label sales.
Last week's coverage has been dominated by two highlights of the food industry calendar. The first, industry trade show Anuga, saw just-food speaking to a number of up-and-coming companies, such as US kefir maker Lifeway Foods, about their export plans. The second, The World Retail Congress in Paris, provided us with an opportunity to delve into the emerging trends and hear from the great and the good of the food retail sector.
Singapore- and Manila-listed Del Monte Pacific Ltd has entered into an agreement to acquire the consumer foods unit of Del Monte Foods for US$1.68bn.
Nestle has said there will be some disposals from its portfolio in order to create what the world's largest food manufacturer called a "more flexible, more agile, crisp" organisation.
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