Iceland Foods - food industry company news 
Focus: Can discounters maintain UK momentum?
27 April 2012
Since the onset of the downturn, German discounters Aldi and Lidl have, for the most part, been able to grow sales ahead of the UK's four largest grocery retailers. Andrew Don investigates whether they can maintain momentum after the country's now double-dip recession.
CAGE: Private equity at centre of renewed M&A activity - Spayne Lindsay
22 March 2012
Private-equity firms will play a central role in an upturn in mergers and acquisition activity in the global food sector, M&A advisory firm Spayne Lindsay has predicted.
Best bits: Iceland Foods seals week of headlines for UK retail
12 March 2012
It was, in the end, no major surprise. But it did mark the end of a saga that had lasted the best part of two years. A consortium led by Malcolm Walker, founder and chief executive of UK frozen food retailer Iceland Foods, has taken over the company.
Editor's choice: the highlights on just-food this week
12 March 2012
The intensely competitive nature of the UK food retail sector came to the fore this week, with Tesco outlining how it believes it can revitalise stagnant sales, Morrisons underlining its plans to develop its fresh food offer and Waitrose insisting it will continue to be fight hard on price. The end of the week also saw the announcement that a consortium led by Iceland Foods chief executive Malcolm Walker had acquired the UK frozen foods retailer. Across the Channel, Carrefour confirmed its profits slumped in 2011 and said it would cut capital expenditure this year. And Dairy Crest, the UK's largest dairy processor, said it was mulling whether to sell its French unit St Hubert. Click on the headlines for more.
Quote, unquote: just-food's week in words
12 March 2012
Iceland Foods founder and CEO Malcolm Walker told of his "delight" at purchasing the UK frozen food retailer today (9 March) after months of talks to secure the firm.
UK: Walker-led consortium buys Iceland Foods
9 March 2012
A consortium led by Iceland Foods founder and chief executive Malcolm Walker has purchased the UK frozen food retailer.
UK: Tesco loses market share - Kantar
28 February 2012
Tesco has seen its share of the UK grocery market fall to its lowest level for seven years, according to data issued by Kantar Worldpanel.
CZECH: Iceland opens Czech store, eyes expansion
24 February 2012
Iceland Foods has opened a test store in the Czech Republic and is now looking at further expansion in Eastern Europe.
Editor's choice: the highlights on just-food this week
20 February 2012
Kellogg snapping up Pringles grabbed your attention this week but it was five days in which the EU and the US signed a trade deal over organic food, the likes of Nestle, Danone and Dean Foods reported annual financial results and General Mills issued a surprise profit warning. Click on the headlines for more.
Quote, unquote: just-food's week in words
20 February 2012
Kellogg's decision to move for Pringles raised eyebrows this week and, although the acquisition of the global snacks brand will boost its international business, CEO John Bryant was forced to respond to concerns that the deal comes at a time with the company's cereal business under pressure. Elsewhere, politicians on both sides of the Atlantic cheered a trade deal on organic food, Nestle and Danone provided their financial forecasts for 2012 and Mars announced plans for a calorie cap on its chocolate bars.
UK: Iceland founder Walker in exclusive talks to buy chain
16 February 2012
Iceland Foods founder and CEO Malcolm Walker is in exclusive talks to buy the UK frozen food retailer.
Quote, unquote: just-food's week in words
6 February 2012
The appointment of a new CEO at Carrefour caused a flurry of comment throughout the industry, with pundits outlining what the new chief's priorities ought to be. Unilever and Kellogg were among manufacturers that announced annual results, while Hain Celestial, reporting its half-year numbers, said it saw a number of acquisition targets in the US. Elsewhere, suppliers expressed anger at a decision in Europe to block the use of new nutrition claims.
UK: BC Partners, Bain Capital in "aggressive bids" for Iceland Foods
3 February 2012
Iceland Foods, the UK frozen food retailer, has reportedly attracted bids from private-equity houses BC Partners and Bain Capital.
UK: Northern Foods stands by industry pledge on battery eggs
17 January 2012
Northern Foods has said that it is fully compliant with a voluntary agreement set up by the UK government urging manufacturers and retailers to abstain from using battery eggs.
UK: Morrisons' Iceland bid "in doubt"
16 January 2012
Morrisons' bid for a controlling stake in frozen food retailer Iceland Foods may falter due to competition concerns, according to the Daily Telegraph.
UK: Asda "scales back" Iceland interest
13 January 2012
UK retailer Asda has reportedly abandoned its bid for a controlling stake in Iceland Foods but will still seek to acquire some of its stores.
UK: Asda, Sainsbury's gain market share - Kantar
10 January 2012
Asda and Sainsbury's have increased their share of the UK grocery market, according to the latest data from Kantar Wordpanel, which includes the run-up to Christmas.
UK: Matalan owner "to help fund Walker's Iceland bid"
1 December 2011
The founder of UK retailer Matalan has reportedly pledged to help fund Iceland Foods chief executive Malcolm Walker's bid for the frozen food retailer.
Talking shop: Costcutter faces supermarket might
16 November 2011
Bibby Line hailed the convenience retail sector as a "great opportunity" in the wake of its acquisition of major player Costcutter. However, can Costcutter stand up to the will and spending power of supermarkets, which have also recognised the opportunities c-stores offer? just-food explores the issue.
UK: Iceland confirms debt finance talks, coy on Blackstone
15 November 2011
The management of Iceland Foods is in talks with debt finance companies over its attempt to acquire total ownership of the business, but has not yet lined one up, according to a source.
Editor's choice: the highlights on just-food last week
14 November 2011
Another week dominated by results, notably Marks and Spencers, Associated British Foods and Barry Callebaut. A story that broke late this week and could have severe repercussions is the approval of sweetener stevia for use in the EU. Meanwhile, floods hit food producers in Thailand and the death toll sadly continues to rise in the US listeria outbreak. Click on the headlines for more.
On the money: Morrisons ready for growth, coy on Iceland
10 November 2011
Morrisons chief executive Dalton Philips said its offering to cash-strapped consumers and the "professional shopper" is behind the supermarket chain's third-quarter growth.
On the money: Sainsbury's aims to shed price perception
9 November 2011
Sainsbury's chief executive Justin King today (9 November) heralded the company's work to alter consumer's perceptions of the supermarket's position on price - but admitted there is still work to do.
UK: Asda and Farmfoods to buy Iceland?
7 November 2011
Major UK retailer Asda has teamed up with frozen food supermarket chain Farmfoods to make a GBP1.4bn (US$1.4bn) bid for frozen food retailer Iceland Foods, according to reports.
Editor's choice: the highlights on just-food last week
24 October 2011
The challenge of operating in emerging markets came into focus this week, with Wal-Mart facing fresh questions over its business in China and Danone insisting it can put its recent troubles in Russia behind it. Elsewhere, just-food was on the road this week, heading into London for the IGD's conference on online retailing and visiting the Italian city of Parma for this year's World Dairy Summit. Click on the headlines for more.
UK: Rivals, private-equity bid for retailer Iceland Foods
20 October 2011
Morrisons, Asda and a clutch of private-equity firms have made takeover bids for UK frozen-food retailer Iceland Foods.
UK: Iceland CEO Walker to "shun first-round bids"
17 October 2011
Malcolm Walker, the founder and current CEO of Iceland Foods, will reportedly not make an offer to buy the remaining shares in the UK food retailer in the first round of bidding.
UK: Malcolm Walker, equity firm linked with Iceland Foods
10 October 2011
Malcolm Walker, the founder and current CEO of Iceland Foods, has met with US private-equity firm Blackstone in his bid to buy the remaining shares in the UK food retailer.
UK: Iceland to sell Greggs sausage rolls
7 October 2011
UK retailer bakery chain Greggs has confirmed that it will roll out branded frozen sausage rolls into over 700 Iceland Foods stores.
UK: Asda coy on "Barclays Capital backing for Iceland bid"
26 September 2011
Asda has refused to be drawn on reports that it lined up financial backing from Barclays Capital for a bid for UK frozen-food retailer Iceland Foods.
Related research
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