Gluten-free is currently a bright spot of strong growth in the largely stagnant developed markets of the US and western Europe. However, as...
After seeing the boom in yoghurt sales in the US chip away at demand for breakfast cereal, Kellogg has accepted it needs a piece of the acti...
Tyson Foods has seen sales and earnings growth lifted by consumer demand for proteins. The company has emphasised its strategy to grow organ...
Desperate for growth in a moribund trading environment, there are signs some food manufacturers operating in the US are using acquisitions t...
ConAgra Foods will become the largest own-label firm in the US with an acquisition of Ralcorp Holdings but there are concerns over whether it can manage brands and private label. There are also questions over the potential private label has for further growth in the US. Doug Knudsen, president of sales at ConAgra, tells Dean Best why the company is upbeat about the deal, its ability to grow brands and own label and the private label sector.
Post Holdings unit Dakota Pasta Growers has agreed to spend US$7.9m to settle a lawsuit challenging claims that its Dreamfields pasta brand contains fewer digestible carbohydrates that conventional pasta.
Post Foods has booked a jump in first-half sales, which were boosted by acquisitions. However, margin pressure and higher financing costs dented profits in the period.
Acquisition-hungry US food group Post Holdings has today (17 April) announced its biggest takeover - an agreement to buy egg-to-dairy supplier Michael Foods for US$2.45bn.
It is two years since US food group Ralcorp Holdings spun off branded breakfast cereal maker Post Holdings. And the Grape Nuts owner has, through a number of acquisitions, rapidly built a broader business designed to diversify away from a cereal market in the doldrums. just-food runs through the deals.
Tesco's full-year results proved disappointing, as expected, and CEO Bill Stritz has said online retailing has played a huge part. Elsewhere first quarter results were out and Co-op saw heavy losses. It has now decided to get rid of some of the Somerfield stores and focus on its convenience offering. There were developments on the Michael Foods acquisition with Post Holdings announcing it had taken over the firm in a US$2.45bn deal. Other acquisitions this week included Daelman's purchase of UK firm Fabulous Bakin' Boys and PE firm Abraaj's acquisition of North African confectioner Kool Foods.
The free-from sector is witnessing strong growth in developed markets from Europe to the US and beyond.
US food manufacture B&G Foods has joined the campaign for non-GMO by relaunching a non-GMO version of its spreadable fruit Polaner All Fruit.
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