The starting gun on the race for Quorn Foods is to be fired this week and interest in the UK meat-free business is likely to be high....
A group of 60 institutional investors has written to 15 food and drink companies urging improvement in how they manage and report on water r...
| 27 Jul 2015
Campbell Soup Co. has looked to inject growth into its business through acquisitions in recent years and the indications are this is likely to continue. But where should the US giant look to do deals? Stefan Kirk, just-food M&A columnist and advisor at M&A consultants Glenboden, weighs up the group's options.
| 30 Mar 2015
The US food industry is going through a period of significant change and the major names have struggled to come up with the answers to meet new consumer habits. There have already been signs some are turning to M&A - think of the sales of Bolthouse, of Annie's and even Krave jerky last month - and the Kraft/Heinz mega-merger suggests deal-making could accelerate.
| 10 Mar 2015
Rumours that private equity-owned Quorn Foods could have piqued the interest of the US's WhiteWave Foods caused a stir this week. Neither company was prepared to comment and it may be Quorn's owner Exponent Private Equity has yet to kick off an auction process but, nonetheless, the speculation highlights the potential the meat-free sector could afford branded food manufacturers. Katy Askew examines Quorn's appeal and who could be tempted by this tasty takeover target.
| 9 Mar 2015
The Natural Products Expo West has become a key date in the US food industry calendar - and its significance has grown amid changes in consumer demand. Categories like free-from and organic are buoyant in the US and are attracting the attention of mainstream manufacturers searching for growth. In these ever-more competitive categories, innovation is vital and here is just-food's pick of the top ten on-trend products showcased at this year's event.
| 22 Nov 2013
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.
| 28 Oct 2013
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.
| 11 Nov 2015
Hain Celestial-owned Empire Kosher Poultry is launching new deli and grocery products including what the company claims to be the "first ever" uncured kosher deli meat line.
| 6 Nov 2015
Hain Celestial reported higher sales and earnings for the first quarter of its financial year, supported by growth at its protein and international businesses.
| 6 Nov 2015
TreeHouse Foods confirmed that it will acquire ConAgra's private brands business for US$2.7bn. Kellogg revealed further declines at its US cereal business. The Kraft Heinz Co. reported its first results as a combined group – and detailed further job cuts. Here are the highlights from just-food this week.
| 23 Oct 2015
Hain Celestial's UK arm has announced the launch of a rice pudding line.
| 16 Oct 2015
Seven US food and drink companies including Hain Celestial, Hormel Foods, Kraft Heinz Co. and Pinnacle Foods have agreed to publicly reveal how they are assessing and managing the risk that water poses to global food supplies.
| 9 Oct 2015
Hain Celestial is to start selling its organic infant formula, Earth’s Best Organic, in China through its joint venture with Chinese pharmaceutical group Hutchison China MediTech, or Chi-Med.
| 9 Sep 2015
Hain Celestial has promoted senior vice president for finance Pasquale Conte to the position of CFO.
| 24 Aug 2015
Hain Celesial-owned Ella's Kitchen has announced the launch of a new range of snacks targeted at older children in the UK.
| 18 Aug 2015
Hain Celestial today (18 August) posted fourth-quarter earnings that met Wall Street forecasts, with the US group's outlook for its new financial year also within analyst estimates.
| 14 Aug 2015
Lotus Bakeries, the Belgium-based biscuit maker, has bought a majority stake in Natural Balance Foods, the UK firm behind snack bar brands Nakd and Trek.
| 14 Aug 2015
Belgium-based biscuit maker Lotus Bakeries is reportedly in advanced talks to buy Natural Balance Foods, the UK firm behind snack bar brands Nakd and Trek.
| 4 Aug 2015
Natural Balance Foods has confirmed its shareholders are "considering options" for the business in the wake of speculation it has received takeover bids for the business.
| 4 Aug 2015
Burton's Biscuit Co., Kellogg and Hain Celestial have all declined to comment on media speculation they have submitted bids to acquire Natural Balance Foods, the maker of Nakd and Trek health food bars.
| 24 Jul 2015
Hain Celestial has announced the acquisition of plant-based food and beverages maker Mona, which operates facilities in Germany and Austria.
| 24 Jul 2015
Unilever was among the companies issuing second-quarter results this week - and, after a period of higher food revenues, said it is making targeted efforts to grow the business. Elsewhere Hain Celestial acquired Europe plant-based food and beverage maker Mona Group. just-food also interviewed Seabrook Crisps CEO Jonathan Bye about the management buy-out at the UK crisp firm and to US start-up Flapjacked's co-founder David Bacon about its ambitions.
| 6 Mar 2015
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.
| 6 Mar 2015
A week of some small but notable M&A transactions included Hain Celestial's purchase of US fresh food group Empire Kosher Foods and the race for Egypt's Arab Dairy being won by investment fund Pioneers Holding. Elsewhere, our latest management briefing included a look at how packaged food groups in the US could tap into the country's food service channel.
| 5 Mar 2015
US natural and organic food group Hain Celestial said it is expanding deli meat and fresh food offering by taking full control of Empire Kosher Poultry.
| 20 Feb 2015
Mondelez International became the latest mainstream packaged food group to react to consumer trends in the US this week with a deal to buy free-from snacks maker Enjoy Life Foods. The acquisition came as many of the US industry giants were at the annual CAGNY investment conference in Florida to outline how they are trying to navigate the significant change in the sector.
| 20 Feb 2015
The annual Consumer Analyst Group of New York investment conference in Florida is one of the key dates in the industry calendar in the US. And this year's event, held this week, could mark a watershed moment.
| 6 Feb 2015
This week, Tesco found itself in more deep water with the UK's grocery watchdog saying it suspects the UK supermarket has breached the code of practice governing dealings with suppliers. Elsewhere, Arla announced a joint venture in Australia which it hopes will multiply its business in the country significantly and Hain Celestial's CEO was upbeat about the US group's prospects.
| 6 Feb 2015
Tesco is to be the first UK retailer investigated for alleged breaches of the country's groceries code in the wake of its mis-statement of profits, it was announced this week. Elsewhere, a staff error led to Fonterra losing its licence to ship cheese to the US and Mars revealed it will close a chewing gum plant in Canada.
| 2 Jun 2015
News that Abbott Laboratories launched a GMO-free version of its Similac infant formula caused quite a stir in the US over the past week. Not to be overlooked, Hain Celestial was quick to point out that it too offers an infant formula that is GMO-free under its Earth's Best Organic brand.
| 20 Aug 2014
Hain Celestial founder, president and CEO Irwin Simon is not one to maintain a stony face when discussing his company's performance. This morning's (20 August) conference call was no exception.
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Business Monitor International's Germany Food and Drink Report provides industry professionals and strategists, corporate analysts, food and drink associations, government departments and regulatory b...
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About the Soy Food Market
Soy food products, such as tofu and soy milk, have been consumed as traditional foods in Asia. With a rise in awareness of the health benefits of soy food, it has gained...
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