The over 25x EBITDA valuation in General Mills' recent acquisition of Annie's clears the path for Danone, a main rival in dairy, to pay top...
Looking at Danone's share price yesterday, one is left with the impression there is an expectation of changes at the French food group now F...
Arla Foods is wise to invest in its whey protein production capacity. However, the company is far from alone in pursuing this strategy, with...
China's largest dairy manufacturer China Mengniu Dairy has shrugged off investor concerns over margin pressure, insisting its strategy to ra...
Israel's Strauss Group is a food and beverage maker with interests in sectors from coffee and chocolate to dairy and dips. Coffee accounts for over half of Strauss's sales but the company has aspirations to grow its food business. Hannah Abdulla met Strauss CFO Shahar Florence to find out more.
French bakery group Jacquet-Brossard is embarking on a fresh push overseas. It already exports to 35 markets but has goals in place to grow in markets like Brazil, the US and China as it tries to offset challenges at home. Dean Best spoke to Jacquet-Brossard corporate development director Alexandre Poussard to find out more.
After General Mills' move to buy Annie's, M&A advisor Stefan Kirk took to just-food's pages to argue Lifeway Foods could be a takeover target for Danone. General Mills, meanwhile, battling to improve the performance of its US business revealed it will close two plants. And we took a look at the most eye-catching products being showcased at the Natural Products Expo East show in Baltimore.
Happy Family, Danone's US organic baby food business, has launched a range of pouches and a line of wafers as it builds its portfolio of convenient and health-focused products.
Danone is to close a dairy plant in the Russian city of Smolensk amid high raw milk prices.
Danone this week said Franck Riboud will step down as CEO after 18 years leading the French food giant. Across the Channel, the UK government announced plans for a food crime unit to tackle fraud. In emerging markets, Lactalis struck a deal to buy dairy assets from Brazil's BRF, while Egyptian snack group Bisco Misr said Kellogg had expressed an interest in buying the business.
Danone CEO Franck Riboud surprised this market this week with his decision to step down from the role after 18 years. Elsewhere, a report into the UK food supply chain was published, while KP Snacks announced it is mulling the closure of two of its UK plants.
The true impact of the Fonterra milk scare and the subsequent recall looks like it is surfacing, after Danone's subsidiary Nutricia announced a supply shortage in Australia and New Zealand.
It's been a tough last year for Fonterra and the repurcussions don't appear to have stopped. The firm reported a 53% loss in profits for the first six months of its financial year yesterday attributing the losses to margins being squeezed by higher commodity prices.
- M&A Watch: Why Danone/Lifeway deal could be next
- Sustainability Watch: WhiteWave Foods
- just-food's pick: Natural Products Expo top 10
- Shopper trends: Some confidence but promos popular
- Focus: Gen Mills turns to M&A to bolster US ops
- General Mills Q1 profits tumble
- Sales, operating profit up at Quorn Foods
- WhiteWave to buy dairy-free firm So Delicious
- Campbell launches soups for use in dishes
- Young's Seafood plays down impact of Kilron U-turn