Delivering its first-half numbers yesterday (18 August), Nestle reported a stronger operating performance but a sluggish organic growth rate...
The newest of Nestle's 40 R&D facilities is a unit in Singapore specialising in nutrition to support healthy ageing. Ben Cooper reports on t...
Hershey turned down a takeover approach from Mondelez International last week (30 June). At US$107 per share, the cash-and-shares offer valued the Reese's Pieces maker at approximately US$22.83bn. Here is just-food's summary of what you need to know about the deal.
The launch of the Food Loss and Waste Accounting and Reporting Standard has been described by its founding partner as a "breakthrough" in the fight against food waste. Ben Cooper assesses how it will support both food companies’ efforts to reduce waste and public-private initiatives with the same aim.
The proposed trade agreement between the EU and the US - dubbed the Transatlantic Trade and Investment Partnership, or TTIP - has proved a source of fierce debate, with supporters seeking to emphasise the economic benefits of a deal but critics claiming it would favour big business, endanger food safety and the environment - and even undermine democracy. In recent weeks, opposition has emerged in political circles, with France's President Hollande insisting he would veto the agreement in its current form. Food and agriculture is at the centre of Hollande's concerns and the sector is among the main points of contention. But what could be the impact of TTIP on food manufacturers? Liz Newmark reports.
The US government has announced plans to cut the country's salt intake, a move some in campaign circles have been urging for nearly 40 years. The Food and Drug Administration's voluntary targets attracted support from NGOs and parts of the industry, although, as Ben Cooper writes, the reaction was not entirely positive.
Specialist health and nutritional foods are set to become more important in the food market, according to Nestle executive vice president and head of the Europe, Middle East and North Africa zone, Luis Cantarell. In particular, Cantarell says developing food to meet the nutritional requirements of the ageing population is a key priority for the world's largest food group.
Nestle's local business model enables it to weather challenges presented by events such as Brexit or the Russian trade embargo, Luis Cantarell, the head of the group's operations across Europe, the Middle East and north Africa, tells just-food. However, following a period of portfolio pruning, the Swiss company must also actively manage its global businesses to focus on areas of growth, Cantarell reveals.
Nestle is expanding in the Indian cereal market with the launch of Nestle Ceregrow, a multi-grain cereal targeting children.
Nestle booked a stronger trading operating profit this morning (18 August) but its bottom line was hit by one-off charges and net profit fell in the first six months of the year.
Nestle and Samsung have announced a research collaboration that will see the world's largest food maker team up with the Korean tech giant to explore the potential of nutrition science and digital sensor technologies.
This week we heard from executives at Mondelez on the company's struggling sales and its plans to expand in the Chinese chocolate market. Mars was among those to discuss employee health initiatives with us. And Hershey revealed that it is not getting the results it wants in US candy, mint and gums. Here are just-food's quotes of the week.
We released the results of our post EU referendum confidence survey this week, with findings pointing to nervousness over the medium term impact on the food sector. This is in no small part due to uncertainty over the potential trade deals that will emerge. We also ran an in-depth analysis of the various scenarios UK food makers could face in their trade with Europe. Mondelez International revealed sales are coming under pressure and detailed plans to expand in the Chinese chocolate sector. Danone updated on its progress in fresh dairy. Here are the top headlines from just-food this week.
The UK's 2 Sisters Food Group said today (25 July) that it had appointed Nick Townend as the company's first manufacturing support director.
Italy's Tedesco Group has acquired Nestle Italia's Ore Liete biscuit brand for an undisclosed sum.
The US House of Representatives voted 306-117 yesterday (14 July) to pass a bill that clears the way for mandatory, nationwide labelling of foods in the US made with genetically engineered ingredients (GMOs).
Nestle Zimbabwe said it plans to import an additional 500 dairy cows at a cost of US$1m by the end of the year as part of the company's dairy revolving fund scheme that aims to boost milk production.
The Competition Commission of South Africa has approved without conditions the proposed launch of an ice cream joint venture in the country – Froneri – by Nestle and R&R Ice Cream.
Danone's takeover offer for WhiteWave Foods – which received the unanimous backing of the WhiteWave board – is to be probed by lawyers representing WhiteWave investors.
Merger and acquisitions have become the major source for revenue growth for the world’s biggest food brands that are part of the top 50 global consumer goods companies.
Nestle's Taiwanese arm has told just-food the launch this month of its "upgraded" Nestle Good Health Nutrient is designed to further support eye health among middle-aged consumers – and in particular for those who spend several hours a day using smartphones.
A federal bill that would require labelling of foods in the US made with genetically engineered ingredients – commonly known as GMOs – has cleared a major hurdle in the Senate and is on course to win final approval in the Senate within days.
Nestle Turkey told just-food today (6 July) it had reached an agreement with union leaders to end strikes at the company's plants in the country.
Nestle is looking to give third-party businesses, be they technology start-ups or major digital consultancy firms, the chance to effectively "bid" for work to help it solve future product and communication issues for its brands.
Nestle has become the first FMCG company to sell food and drink products in Egypt via the Arab world's largest online retailer, Souq.com.
Nestle has this afternoon (27 June) announced Ulf Mark Schneider, the chief executive of Germany-based healthcare company Fresenius, as the new CEO of the world's largest food maker.
A US Senate committee has agreed a bi-partisan bill for a proposed national standard on the mandatory disclosure of genetically engineered (GE) ingredients – commonly known as GMOs – in most foods.
UK voters have spoken: Britain will leave the European Union. With the vote tally now reporting 51.9% of people back leaving commentators are turning to the future with uncertainty. What will Brexit mean for the food sector?
Nestle said today (22 June) a new wind farm set for completion in the Scottish borders next year will help the company take a "huge step" towards powering all of its operations in the UK and Ireland from renewable sources of energy.
R&R Ice Cream has named former PepsiCo and Reckitt Benckiser executive Daniel Martinez as the new CFO of the UK-based business.
Wow. Your correspondent is penning this blog following precious little sleep after the combination of a humid night in London and the emergence of the most significant event in UK history since 1945 made sleep tricky on Thursday night.
In the sustainability arena, objective endorsement by a third party, particularly an NGO with credibility levels among consumers that even Unilever can only dream of, is an extremely valuable commodity.
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