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Findus has added to European business with Lutosa dealBELGIUM: Findus buys Lutosa retail business

27 February 2014

Frozen food giant Findus Group has snapped up the Belgian retail business of Lutosa as part of the EU's clearance of McCain Foods' acquisition of the potato products supplier.

Focus: Obesity in the UK - whose problem is it?

14 February 2014

The blame game continues to escalate as to who is responsible for the obesity crisis in the UK. While some point the finger at the Government for not being convicted enough in its approach to tackle the problem, the finger is often pointed back at the food industry for failing to co-operate. Hannah Abdulla explores the complex issue.

BELGIUM: Forex weighs on Greenyard Foods sales

31 January 2014

Foreign exchange has weighed on sales at Belgium-based frozen and canned food group Greenyard Foods.

BELGIUM: New-look Greenyard Foods books underlying H1 loss

22 November 2013

Belgium-based canned and frozen fruit and veg group Greenyard Foods has booked a half-year loss from the businesses left after the sale of potato arm Lutosa to McCain Foods.

UK: McCain launches into potato waffle market

21 October 2013

McCain Food has said it is preparing to launch McCain Waffles as part of a drive to deliver brand growth.

AUS: McCain cites import pressure for potato plant closure

16 October 2013

McCain Foods said cheaper imports, combined with higher input costs and surplus capacity, were behind its decision to close a potato processing plant in Australia.

UK: McCain launches five-minute French Fry

7 October 2013

McCain Foods has launched Quick Cook French Fries, oven fries that are ready to eat in five minutes.

CANADA/US: McCain Foods to invest in Idaho capacity expansion

9 August 2013

Frozen food specialist McCain Foods is to invest US$100m in the expansion of its manufacturing plant in Burley, Idaho.

BELGIUM: Underlying sales up at Greenyard Foods

25 July 2013

Belgium-based food group Greenyard Foods, previously known as PinguinLutosa, saw sales slide in the first quarter of its financial year after the sale of its Lutosa business - but underlying revenues were up.

EU: McCain to sell Lutosa assets in Europe to gain EU deal approval

29 May 2013

McCain Foods will have to offload the Lutosa retail brand in Europe after the EU looked into the impact of the Canadian giant's acquisition of the business from rival PinguinLutosa.

The week ahead - Wal-Mart Q1s, Post Holdings H1, ProTerra conference

13 May 2013

US breakfast cereal group Post Holdings kicks off a relatively quieter week of results with its half-year numbers on Monday. On Tuesday, meat giants Marfig and JBS will report on how it fared in the first three months of the year - as will Wal-Mart on Thursday. The week also includes an international conference in the Netherlands looking at the sustainable cultivation of soy.

SOUTH AFRICA: McCain to close plant

25 March 2013

McCain Foods has announced plans to close a frozen vegetable production plant in South Africa, with the loss of almost 800 jobs.

UK: McCain launches Jacket Smiles

25 February 2013

McCain Foods has extended its line up of Smiles frozen potato products for kids with the launch of Jacket Smiles.

just-food's outlook for 2013: Mega deals unlikely as consolidation continues

31 January 2013

There may be caution over the prospect for blockbuster deals in a dilapidated economic environment, but the food sector mergers and acquisitions table still has plenty to whet the appetite.

BELGIUM: PinguinLutosa nine-month sales boosted by acquisitions

28 January 2013

PinguinLutosa has reported a strong rise in sales for the first nine months of its fiscal year, benefiting from the knock-on effect of acquisitions and higher volumes.

US: Hillshire Brands poaches Kraft exec for strategy VP role

4 January 2013

Hillshire Brands has announced that Brian Davison has joined the company from Kraft Foods as VP of corporate strategy and development.

AUS/US: Hillshire Brands to sell Aussie bakery unit to McCain Foods

19 December 2012

Hillshire Brands has agreed to sell its Australia and New Zealand bakery business, Kitchens of Sara Lee, to McCain Foods.

just-food review of 2012: M&A revival but caution hinders big deals

19 December 2012

There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. However, a look at just-food's M&A coverage this year shows there have been few big-ticket, transformational deals.

Editor's choice: the highlights on just-food last week

3 December 2012

ConAgra Foods' deal to buy US private-label group Ralcorp Holdings last week added some spice to a pedestrian year for M&A. Staying with acquisitions in the US, Hostess Brands said it had received more than 100 bids for its assets. In Europe, Dutch retailer Ahold said it would up its cost cuts, with a focus on sourcing and promos. And in the UK, leading grocers signed up to a new code of special offers.

INDIA: McCain to invest $69m in Gujarat facility

29 November 2012

Canadian frozen food specialist McCain Foods is to build a US$69m food manufacturing facility in Gujarat in India.

BELGIUM: Acquisitions boost PinguinLutosa in transitional results

19 November 2012

Belgian food group PinguinLutosa has reported a profit for the first half of its current financial year as it prepares for business without potato division Lutosa.

Editor's choice: the highlights on just-food last week

12 November 2012

In a week of trading updates and financial results, we spoke to Associated British Foods finance chief John Bason about the UK group's grocery business, heard how retailer Morrisons plans to revitalise its sales and why Mondelez International CEO Irene Rosenfeld believes its operations in Brazil and Russia can bounce back after a challenging quarter.

GLOBAL: PinguinLutosa boss pragmatic about Lutosa sale

5 November 2012

PinguinLutosa COO Herwig Dejonghe has admitted he did not see why the company had to sell potato business Lutosa to McCain Foods - but has expressed confidence about the European food group's future.

just the answer - PinguinLutosa COO Herwig Dejonghe

5 November 2012

European food group PinguinLutosa has undergone a period of significant change in recent years, with two notable acquisitions. And that transformation has continued but this time with a deal to sell one part of its business, Lutosa, to McCain Foods. COO Herwig Dejonghe speaks to just-food about the changes and his thoughts for the future of the frozen and canned food group.

CANADA/BELGIUM: McCain to buy PinguinLutosa potato unit

19 October 2012

McCain Foods has signed a deal to buy the potato division of Belgian vegetable supplier PinguinLutosa.

UK: Sainsbury's King calls for "universal" food labels

9 October 2012

Sainsbury's chief executive Justin King today (9 October) called on the UK food industry to adopt common front-of-pack nutrition labels.

Logistics - Norbert Dentressangle reacts to the pressure of the downturn

1 October 2012

The downturn has made markets like the UK even tougher places to do business. Retailers are watching costs like a hawk while at the same time using promotions like never before. The first part of just-food's latest briefing on logistics features an interview with Dan Myers, head of the food unit at logistics giant Norbert Dentressangle, who outlines the pressures affecting his business.

CANADA/CHINA: McCain to expand Harbin plant

20 September 2012

Canadian frozen food specialist McCain Foods is to double capacity at its Harbin potato processing plant in China to meet the growth demands of its expanding Chinese operations.

Consuming issues: Tesco leaves FDF at lights

24 August 2012

The unexpected announcement by Tesco that it will incorporate colour-coding, or 'traffic lights', into its front-of-pack nutritional labelling surprised industry watchers but has more importantly left UK food manufacturers isolated, writes Ben Cooper.

NETHERLANDS: McCain to buy potato products firm CelaVita

25 July 2012

Chip giant McCain Foods has struck a deal to buy Dutch potato products manufacturer CêlaVíta.

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