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M&A Watch - ConAgra should divest Commercial Foods

The investment in ConAgra's shares by hedge fund Jana Partners has prompted speculation that the group will sell one of its divisions, in or...

Focus: How Findus acquisition would benefit Nomad

Since Nomad Holdings announced it had acquired European frozen food firm Iglo Group, the market has been waiting for the investment firm's n...

Nomad's post-Iglo opportunities

Stefan Kirk, M&A advisors Glenboden | 23 Apr 2015

Nomad Holdings, the recently-established, UK-listed company set up by FMCG veterans Martin Franklin and Noam Gottesman to buy consumer goods firms, made its first move this week with the acquisition of European frozen food supplier Iglo Group. Stefan Kirk, just-food M&A columnist and advisor at Glenboden, weighs up where Nomad could move next.

Comment: UK reaches tipping-point on FOP labels

Ben Cooper | 20 Jun 2013

The debate over what form front-of-pack nutrition labels should take in the UK has taken a significant stride to being closed, with over 60% of the market agreeing to use a new label that does include traffic lights. Not every household name will use the label but Ben Cooper argues the refuseniks will now be firmly in the campaigners' firing line.

Nestle plays down concerns over emerging markets

Michelle Russell | 14 Feb 2013

Nestle has dismissed suggestions its days of "easy gains" in emerging markets are over as the group recorded what one analyst described as "sustained weakness" in Asia, Oceania and Africa.

Comment: Horse meat scandal of industry's making

Dean Best | 11 Feb 2013

In an sector in which profit margins are wafer thin, with retail pressure bearing down on manufacturers and manufacturers bearing down on their suppliers, it really is not a surprise that the best deal will be sought after and snaffled up, writes Dean Best. But the old adage of "if something appears too good to be true, it probably is" has rarely felt so apt.

Latest Interviews

just-food interview - Quorn Foods CEO - part two

Dean Best | 17 Jan 2014

Quorn Foods, the UK-based meat-free group, is enjoying a period of robust sales growth in the UK - but the business, owned by Exponent Private Equity, has international ambitions. In part two of the latest just-food interview, CEO Kevin Brennan discusses the company's overseas performance and prospects.

Latest News

Findus brand re-enters two categories in France

Dean Best | 2 Oct 2015

Findus Group is re-entering the pizza and shellfish categories in France, another move from the business to diversify its range in the country.

Industry news of week - Green Giant, Just Mayo

Dean Best | 1 Sep 2015

A deal for Green Giant could be nearing with claims US group B&G Foods is in advanced talks to buy the business from General Mills. Elsewhere, eight companies have expressed interest in Australia's Brownes Dairy, while one sale that was announced this week was the acquisition of European snack bar maker VSI by US co-packer Hearthside Food Solutions. And one story that caught your attention was upstart US egg-free mayo maker Just Mayo coming under fire from the country's food watchdog.

Industry news of week - Russia ban, Maggi ruling

Dean Best | 14 Aug 2015

Russia this week said it would extend its restrictions on food imports to four more countries. In India, the ban on Nestle's Maggi noodles was overturned - although the products will have to be tested again. In the US, Kraft Heinz Co. announced plans to cut 2,500 jobs, while co-investor Warren Buffett cooled talk over a bid - in the short term at least - for Mondelez International. And in Europe, Nomad Foods struck a deal to buy Findus Group's operations in seven markets.

Nomad Foods acquires Findus Europe assets

Dean Best | 13 Aug 2015

Nomad Foods, the new owner of frozen food business Iglo Group, is set to expand its business in the sector with a deal to acquire Findus Group assets in Europe.

Nomad in share offer to raise M&A funds

Dean Best | 9 Jul 2015

Nomad Foods, the UK-listed holding company that recently acquired frozen food giant Iglo Group, plans to sell shares in the business to generate funds for more acquisitions.

Food industry quotes of the week: Divine Chocolate

Hannah Abdulla | 5 Jun 2015

This week, Nestle said it was withdrawing its Maggi noodle brand in India after a food safety scare that has seen local authorities insist the product has elevated levels of lead. Elsewhere, Abbott Laboratories was tied up in a class action lawsuit over its Similac product with allegations it is misleading consumers since the product contains non-organic ingredients. Elsewhere Nomad Holdings confirmed it is in acquisition talks with Findus Group. just-food visited the Free-From Expo in Barcelona this week and spoke to Warburtons among others. We also interviewed the CEO at Divine Chocolate. Here is the week in quotes

Nomad in exclusive talks to buy Findus assets

Katy Askew | 3 Jun 2015

Nomad Holdings, the investment vehicle that recently snapped up Iglo Group, confirmed it is in “exclusive” negotiations over a purchase of Findus Group's continental European assets.

Results in brief - Tiger Brands, Total Produce

Dean Best | 26 May 2015

South Africa's Tiger Brands grabbed the headlines this week with news of the over-stating of sales at its Kenyan arm inflating local profits last year. Elsewhere, Ireland's Total Produce lifted its earnings forecast and said it was on the look-out for more M&A. UK meat group Cranswick reported mixed annual results.

Food industry news of week: Unilever, PepsiCo

Dean Best | 23 Jan 2015

Unilever was this week the first major food group to announce results for 2014 - a mixed year - and CEO Paul Polman admitted the company had slow in reacting to changes in consumer demands on spreads. The chief executive of Lifeway Foods told just-food the US culture dairy products group was - contrary to reports - not in talks to sell the business.

Findus: "No sale process underway" in UK

Hannah Abdulla | 20 Jan 2015

Findus Group today (20 January) insisted there is "no sale process underway" for its UK business after speculation its shareholders are preparing to sell its business in the country.

Food industry quotes of week: Tesco, Chobani

Hannah Abdulla | 9 Jan 2015

This week, Chobani refuted claims its CEO Hamdi Ulukaya is being pushed out of his position. Elsewhere, Tesco outlined a new strategy expected to have a profound impact on the companies that supply the retailer. Findus acquired Nestle's Spanish frozen food business La Cocinera and HKScan announced it was axing 95 jobs across two of its sites in Denmark. Here is the week in quotes

Findus: Nestle deal will double Spanish operations

Hannah Abdulla | 8 Jan 2015

Findus Group has said its planned acquisition of Nestle's Spanish frozen ready meals unit, La Cocinera, will double the size of its business in the country.

Nestle sells Spanish frozen brand to Findus

Hannah Abdulla | 8 Jan 2015

Nestle has announced the sale of its Spanish frozen ready meals business, La Cocinera, to Findus.

Former Findus CFO joins 2 Sisters

Hannah Abdulla | 17 Jun 2014

2 Sisters Food Group has announced the appointment of former Findus Group CFO Stephen Leadbeater to the position of group CFO.

Dutch trader charged in horsemeat scandal

Stuart Todd | 2 May 2014

The Dutch trader suspected of being at the heart of last year's horsemeat scandal has been charged by authorities in France.

Quote, unquote: just-food's week in words

Hannah Abdulla | 3 Mar 2014

Tesco this week outlined plans for a fresh offensive to try to revitalise UK sales. Meanwhile, The Co-operative Group, which has faced its own issues in recent months, announced it was considering the sale of its farm business as CEO Euan Sutherland looks to reshape the mutual. In the US, PepsiCo once again reiterated it is not keen on splitting the company in two, while Hershey, Mars and Nestle breathed a sigh of relief after the price-fixing case it was tied up in was kicked out of court. Here is the week in quotes.

Findus buys Lutosa retail business in Belgium

Hannah Abdulla | 27 Feb 2014

Frozen food giant Findus Group has snapped up the Belgian retail business of Lutosa as part of the EU's clearance of McCain Foods' acquisition of the potato products supplier.

Findus appoints Showalter as CFO

Michelle Russell | 8 Apr 2013

Frozen food firm Findus Group has appointed William Showalter as its CFO.

Editor's choice: highlights on just-food last week

Dean Best | 25 Feb 2013

Last week ended as it started: with a household brand caught up in the horsemeat contamination scandal. On Monday, Nestle said it had pulled Buitoni products in Spain and Italy after positive tests and, on Friday, Birds Eye said it had recalled ready meals across Europe after similar results. Over in the US, leading executives from some of the largest packaged food companies were at CAGNY to discuss their prospects for the year ahead.

Horsemeat: Birds Eye recall after contamination

Michelle Russell | 22 Feb 2013

Birds Eye has pulled three beef ready meals from supermarkets in the UK and Ireland as a precaution after a product it sells in Belgium tested positive for horse DNA.

Horsemeat: Nestle recalls ready meals

Katy Askew | 19 Feb 2013

Nestle has recalled two beef ready meals on sale in Spain and Italy after tests returned positive for horse DNA.

Horsemeat: UK FSA publishes first test results

Michelle Russell | 15 Feb 2013

Results from the first set of UK tests on beef products for horsemeat have in the main cleared the country's retailers.

Three arrests made in UK over horsemeat "fraud"

Michelle Russell | 15 Feb 2013

Three men have been arrested in the UK on suspicion of offences under the Fraud Act by police investigating allegations horsemeat was mislabelled as beef.

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