Hormel Foods swooped to acquire natural and organic meat processor Applegate Farms earlier this week in a US$775m deal. In financial terms,...
Hormel Foods has moved to acquire Applegate Farms to tap into growing demand for natural and organic protein in the US. But what makes Apple...
| 3 Mar 2015
A swathe of mainstream US packaged food manufacturers are searching for growth as grocery retail stagnates amid significant changes to consumer habits. In just-food's latest management briefing, we look at whether the foodservice channel could present opportunities for growth.
| 21 Nov 2014
Brazil-based JBS is already the world's largest meat supplier but it has its sights on growing further in value-added products and in Asia - and has turned to a business in Australia to help it achieve that goal.
| 5 Nov 2014
The dairy category has been one of the hotspots for protein-focused NPD in recent quarters, as manufacturers look to tap into rising demand for foods packed with the nutrient. Dean Best looks at the products launched and what else could be on the horizon.
| 22 Aug 2014
US group Hormel Foods has been busy looking for acquisitions in recent quarters, succeeding in some places and apparently being thwarted elsewhere. Announcing its third-quarter results yesterday (21 August), the Skippy peanut butter maker indicated it was ready to make more deals.
| 19 Aug 2015
Hormel Foods reported higher third-quarter profits and raised its full-year outlook despite a near-50% reduction in earnings at its Jennie-O Turkey business due to the impact of avian influenza.
| 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.
| 27 May 2015
Hormel Foods has entered an agreement to acquire US organic meat group Applegate Farms for around US$775m.
| 22 May 2015
Hormel Foods has announced it is to close a CytoSport manufacturing facility in Benicia, California.
| 20 May 2015
Hormel Foods has booked a jump in half-year sales and earnings but warned its Jennie-O Turkey business will be "significantly challenged" by the impact of bird flu.
| 29 Apr 2015
Post Holdings revealed yesterday (29 April) that avian influenza has been detected at an unnamed third party supplier of eggs to its Michael Foods Group business.
| 21 Apr 2015
Hormel Foods has said the outbreak of HN52 avian influenza at a number of turkey farms will put pressure on sales and earnings from its Jennie-O Turkey Store division in the US giant's current financial year.
| 9 Apr 2015
Avian influenza H5N2 has been found at a Hormel Foods-owned turkey farm in Minnesota.
| 19 Feb 2015
Hormel Foods has raised its forecast for annual earnings on the back of increased profits during the first quarter of its financial year.
| 13 Feb 2015
Hormel Foods has refused to be drawn into speculation it is in the late stages of talks to buy organic meat processor Applegate Farms.
| 4 Feb 2015
Hormel Foods has touted the benefits of a US government pilot programme into the high-speed inspection of pork plants after claims the scheme could be endangering consumers.
| 2 Feb 2015
Hormel Foods is at the centre of claims a US government pilot programme for inspections of pork plants is putting consumers at risk.
| 30 Jan 2015
In the first of the week's big deals, Post announced the acquisition of MOM brands, a fellow US breakfast cereal manufacturer. Post said the buy would cement its position as the third-largest cereal maker in the US.
| 28 Jan 2015
Philippines food and drink business San Miguel Corp. is to buy out US group Hormel Foods from the companies' venture in Vietnam.
| 16 Dec 2014
Our analysis of the key developments and trends in emerging markets - both within the countries and how local companies are eyeing expansion - attracted your attention in 2014.
| 3 Dec 2014
Hormel Foods and Cargill have dissolved their joint venture partnership for the Precept Foods brand.
| 1 Dec 2014
The bidding for Egyptian snacks group Bisco Misr intensified, there was speculation over Kerry Group's frozen ready-meal business and Danone sold its dairy business in Indonesia.
| 1 Dec 2014
The much-awaited campylobacter tests on supermarket chicken in the UK were published this week. On the mergers and acquisitions side, Abraaj raised its bid yet again for Bisco Misr. Conversely, Danone was reported to be mulling a sale of its shares in the Yakult business and Kerry Group was reportedly looking to offload its frozen ready-meals arm in the UK. Meanwhile, Ireland's Greencore published some strong annual results. Here is the week in quotes.
| 26 Nov 2014
Hormel Foods has revealed it is considering leaving Vietnam, a market where it has a business with Philippines conglomerate San Miguel Corp.
| 26 Nov 2014
A Hormel Foods factory in Stockton in California is set to close in February, the US group has announced.
| 25 Nov 2014
Hormel Foods today (25 November) issued annual results rounded off by higher fourth-quarter sales and profits but the earnings - and its 2015 earnings per share forecast - hit the US group's shares.
| 14 Oct 2014
Japanese conglomerate Mitsubishi Corp. has declined to comment on speculation it has joined the race for the takeover for US canned tuna giant Bumble Bee Foods.
| 26 Aug 2014
Russia's food embargo still stands but this week it eased the ban to allow in some agricultural commodities to bolster its food production. The Chiquita takeover saga continued with bidders Cutrale Group and Safra Group appealing to the produce group's shareholders to vote against its merger with Fyffes. Elsewhere, we analysed the performance and outlook for Lindt & Sprungli and Hain Celestial, two companies enjoying robust growth.
| 18 Jun 2015
Hormel Foods revealed some key management appointments as it looks to bring the recently-acquired Applegate Farms under its wing.
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