The natural products sector has waived in a seismic shift in the mainstream shopping habits of American consumers. This has attracted the at...
Flowers Foods last week announced the acquisition of organic bread maker Dave's Killer Bread, a move which accelerates its growth in the org...
| 16 Apr 2015
US baker Flowers Foods has typically increased sales by focusing on regional growth. During the group's investor day in New York this week, it was made clear extending its geographic reach in the US will remain a key strategic pillar. However, the company has also set its sights on growing share in on-trend areas such as organic, speciality and breakfast items.
| 17 Nov 2014
The private-equity owners of Hostess Brands are, according to reports, mulling a sale, just a year after buying the US snacks business. There is speculation Apollo Global Management and C. Dean Metropoulos are planning for to sell Hostess early next year. However, that looks unlikely.
| 13 Aug 2014
Shares in US bakery group Flowers Foods sank yesterday after it cut its earnings forecast for 2014 - but the company immediately sought to soothe investor concerns by looking to its longer-term prospects.
| 25 Mar 2014
Flowers Foods, the second-largest bakery group in the US, has been an active consolidator in the industry and the group remains on the hunt. Flowers plans to drive continued growth while also expanding its geographic footprint, with a significant proportion of revenue gains to come from M&A. Katy Askew reports.
| 11 Sep 2015
Mondelez International was among a clutch of major players speaking at Barclays' investor conference in Boston this week and the snacks giant set out strategies to try to drive sales. In a busy week of M&A, US bakery giant Flowers Foods bought another organic bread maker, Unilever sold its Indian bakery arm and the owner of Quorn started an auction for the UK meat-free business.
| 11 Sep 2015
This week, the Barclays Global Consumer Staples Conference took place in Boston with presentations from Mondelez International and Tyson Foods. Nomad Foods also presented and indicated plans to focus on cost-cutting with funds re-invested in the business for growth. Elsewhere, Flowers Foods announced its second acquisition in under a month in organic bread and McCormick & Co. pledged to increase the number of organic and Non-GMO products it sells in the US over the next year. Here is the week in quotes.
| 9 Sep 2015
Flowers Foods today (9 September) announced a deal to buy US organic and natural bread maker Alpine Valley Bread Co., its second move in the category in under a month.
| 3 Sep 2015
Flowers Foods has introduced two "wholesome grain" snacks under its Mrs. Freshley's brand.
| 14 Aug 2015
This week, Kraft Heinz Co. announced it was axing 2,500 jobs as it moves to "streamline" its structure. Elsewhere, Nestle reported its first-half numbers and cautiously indicated some improvement in China.
| 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.
| 13 Aug 2015
Flowers Foods, the US bakery group, is to acquire local organic bread company Dave's Killer Bread for US$275m.
| 13 Aug 2015
US bakery group Flowers Foods has booked a jump in profits for the first half of the year on the back of higher sales.
| 10 Aug 2015
US baker Flowers Foods is expanding its snack cake brand Tastykake through the launch of a new line of mini cupcakes.
| 29 May 2015
Hormel Foods' latest move to inject more growth into its business - a move for US organic meats firm Applegate Farms - grabbed the headlines this week. In Europe, France's Groupe Bel struck a deal in Africa and is to take a majority stake in Moroccan dairy Safilait.
| 28 May 2015
US baker Flowers Foods booked a mixed first quarter today (28 May), with lower sales and operating profit but higher net earnings.
| 17 Apr 2015
Nestle this week admitted 3G Capital and Warren Buffett's investments in the food industry had led to "accelerate" efforts to "adjust" its portfolio. The food giant was also one of the companies reporting first-quarter results, a group that included Unilever, which saw food volumes rise 3%, although it remains too early to call a sustained recovery from the unit.
| 10 Apr 2015
US bakery giant Flowers Foods will open a former Hostess Brands plant it acquired in 2013 this summer.
| 27 Feb 2015
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.
| 13 Feb 2015
It was a week of numbers on just-food, with PepsiCo, Kellogg, Flowers and Kraft all issuing a mixed bag of financial results. We were also present at Gulfood in Dubai this week, reporting on companies looking to make their mark in the Middle East. Elsewhere, Amira Nature Foods was caught up in corruption allegations and investment firm Arlon announced the acquisition of a stake in Brazilian frozen veg maker Grano Alimentos.
| 12 Feb 2015
US baker Flowers Foods has indicated it remains vigilant for M&A opportunities despite posting lower full-year sales and earnings.
| 12 Nov 2014
Flowers Foods, the US baker, downgraded its sales and earnings forecasts for the full year as declining volumes weighed on the top line.
| 18 Aug 2014
Five months ago, Chiquita Brands International announced plans to merge with fellow banana supplier Fyffes. The deal was set to close by the end of the year. However, this week, an unsolicited takeover bid came in for Chiquita, which promptly rejected the offer. However, the suitors have indicated they may not go away easily. Elsewhere, our coverage of Russia's food embargo continued, we looked in-depth at the opportunities for growth in Japan in our latest management briefing and, in a new M&A column, we suggested Raisio sell up to private equity.
| 18 Aug 2014
This week, Chiquita Brands International was in the limelight as it received an unsolicited takeover bid from Brazilian juice maker Cutrale Group. Elsewhere, ConAgra Foods announced the closure of two popcorn factories in Ohio, and Campbell Soup Co.'s Plum Baby business announced its exit from the UK. just-food's management briefing series took a trip to Japan to see how food companies can succeed in a low-growth market.
| 12 Aug 2014
Shares in Flowers Foods tumbled today (12 August) after the US bakery group cuts its forecasts for annual sales and earnings.
| 15 Jul 2014
US baked goods firm Flowers Foods has promoted Bradley Alexander as chief operating officer.
| 15 May 2014
US bakery group Flowers Foods has reported lower first-quarter profits as costs linked to its acquisition of assets from the former Hostess Brands weighed on its bottom line.
| 31 Mar 2014
This week Cerebos Greggs announced the closure of its East Tamaki plant putting 125 jobs at risk. Job cuts were announced at Asda too as the company plans a restructure to cut costs. Ads and marketing campaigns were the centre of attention this week with Aldi getting its wrists slapped over the Swap and Save campaign and Sainsbury winning an appeal for a judicial review of Tesco's price promise. Here is the week in quotes
| 6 Mar 2014
Flowers Foods has inked a deal that provides Indiana-based baker Aunt Millie's Bakeries the license to produce and market Wonder and Home Pride breads in parts of the Midwest.
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