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...
Kraft Heinz Co. last week gave some indication of the financial performance of its constituent parts when the newly-formed company published...
| 17 Jun 2015
The global food sector has seen an array of M&A ranging from the mega deals such as Heinz-Kraft to the more commonplace bolt-on acquisitions as large corporations gobble up smaller players to plug gaps in their portfolios. While the food sector has seen a busy period for deal-making, according to research from Ernst and Young, this could actually intensify in the next 12 months. Katy Askew reports.
| 23 Apr 2015
Nomad Holdings, the recently-established, UK-listed company set up by FMCG veterans Martin Franklin and Noam Gottesman to buy consumer goods firms, made its first move this week with the acquisition of European frozen food supplier Iglo Group. Stefan Kirk, just-food M&A columnist and advisor at Glenboden, weighs up where Nomad could move next.
| 17 Apr 2015
Nestle must adapt to emerging consumption trends and consolidation in the food sector with an “acceleration” of its portfolio adjustment efforts, chairman Peter Brabeck-Letmathe indicated yesterday (16 April).
| 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.
| 17 Jul 2013
The UK organic food market has experienced some ups and downs in recent years but organic baby food producer Organix has remained consistent in its approach to delivering high-quality organic products. Michelle Russell met up with managing director Anna Rosier to find out how the company is driving growth and find out more about the opportunities it see at home and abroad.
| 1 Feb 2013
US confectionery giant Hershey has a vision for growth. The company, which has long faced questions about its US-centric focus, is now looking to overseas markets to fuel sales expansion. Michelle Russell caught up with Thomas Joyce, vice president of customer and industry affairs for Hershey, to find out more about the challenges and opportunities presented by international markets.
| 14 Aug 2015
This week, Kraft Heinz Co. announced it was axing 2,500 jobs as it moves to "streamline" its structure. Elsewhere, Nestle reported its first-half numbers and cautiously indicated some improvement in China.
| 11 Aug 2015
Kraft Foods Group and HJ Heinz both booked lower sales in the second quarter of the year, newly-combined Kraft Heinz Co. has said.
| 10 Aug 2015
Warren Buffett today (10 August) appeared to pour cold water on the prospect of Kraft Heinz Co. making a move for Mondelez International in the near term.
| 6 Aug 2015
Activist investor William Ackman has built a stake valued at around US$5.5bn in Oreo owner Mondelez International.
| 13 Jul 2015
The Kraft Heinz Co. has declined to comment on reports that it is preparing to shed 150 jobs in Columbia, Missouri, as the group prepares to invest in upgrading equipment at the site, which manufactures Oscar Mayer hot dogs.
| 30 Jun 2015
The Kraft Heinz Co. has revealed its senior leadership team as details emerge of how the company will operate after the merger of HJ Heinz and Kraft Foods Group is completed.
| 24 Jun 2015
A lawsuit has been filed against Heinz alleging that the company's that Ore-Ida branded French fries and tater tots falsely claim to contain zero trans fats.
| 16 Jun 2015
Indian food safety regulators have reportedly confirmed the presence of worms in a pack of Complan manufactured by Heinz.
| 12 Jun 2015
General Mills has taken the plunge in China's yoghurt market, this week launching Yoplait in Shanghai. The row over Nestle's Maggi noodles in India continued, with the food giant contesting the nationwide ban in court. And there were a flurry of stories in the US - Campbell Soup Co. and WhiteWave Foods snapped up smaller businesses, while Boulder Brands announced its co-founder and CEO Steve Hughes had resigned.
| 9 Jun 2015
HJ Heinz, the US ketchup maker, has stressed its products on sale in India meet local regulations as the company confirmed it is in "ongoing communication" with Indian food quality regulators.
| 8 Jun 2015
Indian food safety authorities are reportedly examining popular packaged foods manufactured by the likes of Heinz and Kellogg after a row erupted over Nestle's Maggi noodles.
| 29 May 2015
Heinz has moved to block Boulder Brands' registration of its Smart Balance trademark for frozen foods.
| 29 May 2015
Hormel Foods' latest move to inject more growth into its business - a move for US organic meats firm Applegate Farms - grabbed the headlines this week. In Europe, France's Groupe Bel struck a deal in Africa and is to take a majority stake in Moroccan dairy Safilait.
| 29 May 2015
This week, Hormel Foods announced it was acquiring US natural and organic meat processor, Applegate Farms. In the UK, scrutiny over campylobacter continued with the Food Standards Agency revealed 73% of shop-bought chickens are contaminated with the food poisoning bug. Here is the week in quotes.
| 11 May 2015
Heinz has reported a near-12% fall in sales for the first quarter of the year.
| 11 May 2015
Heinz has struck a deal to sell a UK baby food plant to new local firm Kendal Nutricare.
| 20 Apr 2015
Heinz has launched a reduced-sugar baked beans line in the UK, using natural sweetener stevia.
| 17 Apr 2015
Heinz has relaunched its mustard in the US in a bid to grab a slice of a category in which it is not among the top eight brands.
| 9 Apr 2015
UK potato supplier Albert Bartlett has acquired the plant in Norfolk where Heinz manufactured Aunt Bessie's products but which the US food giant closed earlier this year.
| 30 Mar 2015
Mondelez International has declined to comment on speculation it is planning on offloading the Philadelphia cheese brand, which it owns outside the US and Canada.
| 27 Mar 2015
One story dominated the headlines this week - the plans by Heinz and Kraft Foods Group to join forces and create the world's fifth-largest food and drinks group. Elsewhere, French co-ops Agrial and Eurial said their plans to combine their dairy businesses had been put on hold. There was also sad news from the French food sector with news of a fatal explosion at desserts firm Senagral.
| 27 Mar 2015
The mega-merger between HJ Heinz and Kraft Foods Group took the US sector by storm this week. Elsewhere, ConAgra's results continued to show the cracks and Fonterra lowered its outlook on milk pricing. Here is just-food's week in words.
| 25 Aug 2015
Heinz's flagship product has provoked the ire of a competitor in Israel, a story that has attracted headlines in the international mainstream media. But even after making a change to the labels, a bottle of the red sauce can still use the word 'ketchup' in English.
| 1 Jul 2015
In an announcement that would have surprised few, Kraft Foods Group said today (1 July) its shareholders had thrown their weight behind the plans to combine the business with HJ Heinz. The market's attention on where the management of the new Kraft Heinz Co. will look to make savings.
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