Online sales in the UK are on the rise as consumers increasingly shop for their groceries over the internet. Online sales represent a key gr...
Hain Celestial has rapidly grown its business by expanding into new categories and markets through a series of acquisitions, notably in the...
Having witnessed an unprecedented level of discussion in the US over the past year or so, the labelling of genetically modified foods is set...
Hain Celestial, the US food group, has pounced yet again in the UK. The US group has made a flurry of deals in the UK in recent years but ha...
Convenience food group Greencore has experienced an eventful few years. The Ireland-based manufacturer was beaten to the acquisition of the UK's Northern Foods. This year, Greencore was caught up in the horsemeat contamination saga that rocked the European food industry. However, the company has continued to expand in the UK and in the US. In part one of the just-food interview, Michelle Russell speaks to chief executive Patrick Coveney about the challenges of operating in a difficult UK market.
Alpro has had three owners in four years but one executive that has been at the company throughout is CEO Bernard Deryckere. He talks to Dean Best about the success Alpro, now owned by US firm WhiteWave Foods, has had with the recent expansion of its product portfolio.
This week, Lindt & Sprungli announced it was stepping up its presence in the US with the acquisition of Russell Stover Candies. Hain Celestial bought the remaining share of the Hain Pure Protein joint venture and Grupo Bimbo revealed its plan to grow its presence in Ecuador with the acquisition of Supan. Elsewhere Mondelez announced it was splitting its cheese and grocery unit from the rest of the business. Here is the week in quotes.
Hain Celestial has taken control of its Hain Pure Protein venture from partner Pegasus Capital Advisors in a US$40m deal.
This week a swathe of quarterly results were accompanied by strategic announcements. Mondelez International said it is stepping up its work on margins and increasing its focus on snacks, separating its coffee business. Tyson Foods insisted it remains well-placed to pursue M&A in the US and internationally. And Hain Celestial updated us on the progress it has made following its recent acquisition spree.
Shares in Hain Celestial rose almost 7% in New York this morning (8 May), as the US natural and organic group booked an increase in sales and earnings.
Hain Celestial has agreed to acquire US organic and gluten-free bakery group Rudi's Organic Bakery from Charterhouse Equity Partners for US$61.3m.
It's a public holiday in the UK today (26 August) - thankfully the sun is just breaking through here in south London to help us bask in our Ashes victory - and, while we take a day's break, here are some of last week's top interviews, comment and analysis in case you missed them.
- On the move: What's in store from Tesco's new CEO?
- Focus: Lindt plays safe with Russell Stover buy
- On the money: Steady as she goes at Cloetta
- Comment: ConAgra failing to address core issues
- Interview: Bell hits out at German cartel ruling
- Campbell issues warning on 2014/15 fiscal year
- Ferrero seals deal for hazelnut firm Oltan
- UPDATE: Premier establishes international unit
- Premier launches Oxo pots range in UK
- Genius secures listings in French supermarkets