Freedom Foods Group
Australia-based Freedom Foods Group is targeting expansion overseas for the next stage of growth from its allergen-free business, of which gluten-free is its largest. In an interview with Dean Best, MD Rory Macleod outlines the company's plans, explains why gluten-free need to focus more on taste and defends Australia's threshold on gluten.
Freedom Foods Group, the Australia-based dairy-to-cereal group, is nearing acquisitions in its domestic market and North America.
Freedom Foods Group is to invest in Shenzhen JiaLiLe Food Co., one of the Australian dairy-to-cereal group's partners in China, in a bid to expand the presence of its children's milk brand Australia's Own in the country.
Freedom Foods Group, the Australia-based breakfast cereal and dairy business, has forecast a rise in profits in its 2016/2017 financial year after a "strong start" to the fiscal period.
Murray Goulburn has lost contracts to supply cheese, UHT milk, adult milk powder and cream to Woolworths Ltd, Australia's largest grocer.
Freedom Foods Group, the Australian dairy, cereal and seafood supplier, has launched a range of UHT milk products in Vietnam, a move the company described as its "first major strategic partnership" in the country.
Australia's Freedom Foods Group is to expand its manufacturing contract with Chinese food and beverage distributor Pinlive.
China has looked again at recent changes to e-commerce regulations that had initially penalised UHT and adult milk powder producers, Australian companies Murray Goulburn and Freedom Foods Group, two of the companies affected, have announced.
Shares in Australian food companies have taken a hit today (12 April) as the market reacted to new regulations in China on food imports.
Australia's Freedom Foods Group today (29 February) reported a 21% rise in first-half revenues but a mixed set of profit figures.
Australia's Freedom Foods Group has outlined plans to launch breakfast cereal products in China in a bid to tap into what the company says is a growing market for oat-based cereal products.
Freedom Foods Group has sold all of its remaining shares in The A2 Milk Co., less than a month after cutting its stake in the company.
Freedom Foods Group has struck a "binding agreement" to buy Australian oat-based cereal and snacks business Popina Foods.
B&G Foods struck a deal to buy General Mills' struggling Green Giant business - but insisted it could revitalise its sales. Arla Foods announced two ventures in Africa to boost its presence in the continent. And Nestle outlined plans to make KitKat with only sustainably-sourced cocoa from next year.
This week, B&G Foods announced it had acquired General Mills' struggling Green Giant business in a US$765m deal. Elsewhere, Arla Foods struck two joint ventures in Senegal and Nigeria as the dairy group looks to further expand its presence in Africa. Meanwhile, Campbell Soup Co. reported its full year results and issued a 2015/16 forecast above Wall Street estimates. Here is the week in quotes.
Freedom Foods Group has confirmed the interest it and Dean Foods jointly had in A2 Milk Co. has cooled.
Australia's Freedom Foods Group is nearing the acquisition of an unnamed local company making cereal and snacks made with oats.
Freedom Foods Group, the Australia-based cereal-to-dairy business, has reported flat underlying annual profits but higher sales across most of its divisions.
Dean Foods, the US dairy giant, and Australia's Freedom Foods Group have yet to contact A2 Milk Co. again after the New Zealand-based dairy company turned down their takeover interest.
The speculation around General Mills' ailing Green Giant brand continued this week with claims Bonduelle is eyeing up the unit. We looked at the likelihood of the French group making an offer. Meanwhile, Danone decided to merge is under-pressure Chinese infant formula arm business with local dairy giant Mengniu and we looked at the key takeaways from Campbell Soup Co.'s investor day in the US.
Freedom Foods Group has refused to be drawn on whether it and fellow suitor Dean Foods will table a new expression of interest in New Zealand milk group A2 Milk Co.
New Zealand dairy processor A2 Milk Co. has turned down takeover interest from Freedom Foods Group and the Australian group's bid partner, Dean Foods, the US dairy giant.
Dean Foods has been revealed as the party that has expressed interest in a joint acquisition with Australia's Freedom Foods of the A2 Milk Co.
Australia's Freedom Foods Group today (22 June) admitted it is mulling a takeover bid for New Zealand's A2 Milk Co.
Australia-based Freedom Foods Group has reported higher first-half sales, a spike in its net profit on the back of an accounting gain but lower underlying earnings.
Australia's Freedom Foods Group and Perich Group have signed an agreement with China's New Hope Group that sees millions invested in Australian dairy farms.
Olive oil giant Deoleo this week announced its board had backed a takeover bid from private-equity giant CVC Capital Partners. Elsewhere, Mondelez International announced plans for another plant in Russia and the political party that looks set to be the major party in India's next government said it would ban foreign supermarkets entering the country's retail sector.
Food retailers eyeing India would have been surprised to hear the BJP political party, tipped to lead the country's next government, publish a tough stance on foreign investment in its retail sector. Nestle CEO Paul Bulcke hinted the food giant could be looking at further disposals and Wal-Mart said more affordable organic groceries would be available in the US after a tie-up with the recently-revived Wild Oats brand.
Australia's Freedom Foods Group has struck a deal to supply China's Bright Dairy with "value-added" milk products.
Australian retailer Coles has developed a private-label gluten-free line as demand for products without gluten increases in the country.
Talking with our readers, a common problem among them is their battle to keep tabs on the changes to regulations in China. And the recent moves Beijing has made to revamp its rules around e-commerce have brought that concern into sharp relief.
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