Belgium-based Greenyard Foods has booked a "significant increase" in first-half profits.
Mahindra Univeg, a 60:40 joint venture between India's Mahindra Agri Solutions and Belgium-based produce giant Greenyard Foods, is acquiring a minority stake in produce distributor MeraKisan.
Greenyard Foods, the Belgium-based group, has struck a deal to sell its stake in Veiling Haspengouw back to the local fruit and veg co-operative.
Belgium-based Greenyard Foods has booked an 8% increase in first-quarter sales, helped by recent acquisitions and organic growth.
Belgium-based European produce supplier Greenyard Foods said today (28 July) it had concluded a joint venture deal under which it will take a minority stake in UK fruit producer Bardsley Farms.
Greenyard Foods has announced plans to "substantially" increase its capacity in the US through the opening of a new packing and cold storage facility in the market.
Greenyard Foods, the vegetable processor, has revealed its operating earnings came under pressure in its last full financial year, although sales remained "stable".
European produce supplier Greenyard Foods has announced its CFO, Koen Sticker, is to step down from his position.
Univeg, the Belgium-based produce group that last year merged with canned and frozen business Greenyard Foods, has posted mixed results for 2015.
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.
Greenyard Foods has acquired Lutèce, a maker of canned mushroom products, from Netherlands co-operative CNC.
Greenyard Foods has reported higher half-year sales but a decline in profitability in the first set of six-month results since the formation of the Belgium-based group earlier this year.
This week, PepsiCo reported on its second quarter numbers and its conference call detailed its plans to prepare for a tough second half to the year. Elsewhere Hostess Brands' owners insisted they were not looking for an IPO or a sale at present. animal abuse and McCain announced an A$10m investment at a Tasmania plant. Here is the week in quotes.
Vion Food Group has confirmed the appointment of Greenyard Foods COO Francis Kint as its new chief executive.
Greenyard Foods said today (9 July) COO Francis Kint was stepping down from the role to Dutch meat group Vion Food Group as chief executive.
Greenyard Foods, Univeg and Peatinvest have reached a "final agreement" over a proposed merger, which, the companies said, will create a "global leader in fruit and vegetables".
TreeHouse Foods first quarter sales surged – but the US food group cut its forecast for annual earnings. Inventure Foods revealed the devastating impact of the listeria recall. Meanwhile, Petra Foods commented on the slowdown in the Indonesian economy and weaker consumer sentiment. Here is just-food's weekly results round-up.
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.
Belgium-based vegetable supplier Greenyard Foods, fresh produce giant Univeg and agribusiness Peatinvest have signed a letter of intent to merge.
Greenyard Foods has said it plans to centralise its Polish frozen processing and packing avtivities, a move which affects 60 staff.
This week, the spotlight on the relationships between suppliers and retailers turned to Australia, where a new code of conduct is to be set up. Meanwhile, Spain's anti-trust watchdog fined 11 dairy companies over alleged price collusion. A series of M&A deals this week included Dr Oetker's move for European frozen cake maker Coppenrath & Wiese. And our latest management briefing analysed the opportunities for packaged food manufacturers in the US foodservice market.
Frozen and canned veg supplier Greenyard Foods is exploring the possibility of a merger with fresh produce giant Univeg and agribusiness Peatinvest.
The owner of Belgian fruit and vegetable group Univeg reportedly plans to take the business public by combining it with listed local peer Greenyard Foods.
German agrifood firm KT Agrar has acquired a vegetable plant in the country from Belgium-based processor Greenyard Foods.
Belgium-based vegetable supplier Greenyard Foods has reported higher underlying half-year profits.
The CEO of Greenyard Foods has claimed the Belgium-based fruit and veg supplier had a "good year of transformation", pointing to higher sales and underlying EBITDA.
Foreign exchange has weighed on sales at Belgium-based frozen and canned food group Greenyard Foods.
Belgium-based canned and frozen fruit and veg group Greenyard Foods has booked a half-year loss from the businesses left after the sale of potato arm Lutosa to McCain Foods.
Fruit and vegetable processor Greenyard Foods has said it hopes to increase efficiency at its frozen unit, Pinguin, by entering into a deal Germany with local food group KTG Agrar.
- 2017: three major drivers of M&A strategy
- The food market in 2017 - consumer trends and M&A
- just-food 2017 Survey - your thoughts on growth
- Food market in 2017: need-to-know US trends
- 2017 - what will shape the UK food sector?
- Premier Foods issues profit warning
- UK's Bakkavor plays down IPO "speculation"
- Kellogg to slash 250 jobs
- Mondelez sells Vegemite to Bega
- Nestle mum on Mead Johnson takeover talk