Since it span off from Ralcorp Holdings three years ago, Post Holdings has followed an aggressive M&A strategy. Deal-making has focused on d...
Post Holdings has undergone significant change in the last two years through a spate of M&A. While there are questions about the outlook for...
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.
Protein supplements, once the preserve of beefy body builders, are moving into the mainstream. A positioning that links protein consumption to healthy lifestyle choices is broadening the appeal of the products and resulted in strong category sales trends in developed markets such as North America, Australia and western Europe. Katy Askew looks at the sector's prospects.
Gluten-free is currently a bright spot of strong growth in the largely stagnant developed markets of the US and western Europe. However, as the category matures it is becoming an increasingly crowded space. As such, many forward-looking gluten-free specialists have an eye on fresh markets that will offer the next phase of growth for the sector. Russia is one such market. Katy Askew reports.
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 action. And about time, too, writes Dean Best.
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, the US food group, has raised its forecast for annual adjusted EBITDA on the back of increased sales and earnings in its first quarter.
This week, McCormick & Co. announced the appointment of Lawrence Kurzius to the position of CEO. Post Holdings was reportedly eyeing the packaged food arm of Bob Evans Farms. Elsewhere, the CEO and chairman of The Greenery quit amid clashes with the supervisory board. And we published the second part of our interview with Ritter chairman Andreas Ronken. Here is the week in quotes
Ahead of the climate talks in Paris, Unilever announced plans to be carbon positive from its operations by 2030. Elsewhere, there was more consolidation in the US food sector, with Pinnacle Foods moving for Boulder Brands. Tyson Foods, Post Holdings and Greencore all had annual results out in the week. Maple Leaf Foods outlined plans to "streamline" its business, which is set to lead to the loss of 400 staff. Here is the week in quotes.
Post Holdings has insisted its US egg business is in a strong position following the bird flu outbreak and suggested it is eyeing possible acquisitions in the sector.
Post Holdings reported a lower net loss for the year, lifted by higher operating earnings and the lapping of one-time costs.
Consumer packaged goods company Post Holdings has announced its commitment to source 100% sustainable palm oil globally by December 2016.
Companies including Danone, Kerry Group, Singapore-based agribusiness and food group Wilmar International and South Korean business Pulmuone Co. are eyeing Quorn Foods, joining the likes of McCain Foods as possible bidders for the UK meat-free firm.
Former Peanut Corporation of America CEO Stewart Parnell was this week sentenced to 28 years in jail over a fatal salmonella outbreak in the US seven years ago, prompting debate over how different outbreaks are viewed. In Russia, the country's deputy PM said Moscow would ban the use of GMOs in food production. And ConAgra Foods CEO Sean Connolly explained the company's approach to its brands after seeing some progress in recent weeks.
Post Holdings has entered an agreement to buy Willamette Egg Farms, a US producer and wholesale distributor of eggs, for US$90m.
Hearthside Food Solutions, the US contract manufacturer of bars and baked goods, has struck a deal to buy Netherlands-based nutrition bar maker VSI.
This week's rundown of the latest financial results include a profit warning from TreeHouse Foods, an increase to profit forecasts at Post Holdings and a clutch of Japanese companies reporting their first-quarter results.
Nestle this week a change of leadership at its embattled unit India, which has been under the spotlight in recent weeks over the nationwide Maggi recall. Elsewhere, ConAgra Foods was reported to have started talks to sell its own-label unit, with Post Holdings and TreeHouse Foods said to be interested. Our interview pages included chats with the founder of US organic baby food firm - and Danone subsidiary - Happy Family, Chinese bakery business Dongguan Kam Tai Foods and UK gluten-free company Mrs Crimble's.
Post Holdings and TreeHouse Foods are reportedly among the potential suitors for ConAgra Foods' private-label arm.
Michael Foods, the egg processing business owned by Post Holdings, has reportedly filed a lawsuit against Hawkeye Pride Egg Farms, a division of Center Fresh Group, alleging that it breached a supply contract after avian influenza hit the firm and prevented it from meeting its egg supply obligations.
Post Holdings has warned that 35% of its egg supply has now been disrupted by the outbreak of avian influenza that is sweeping the mid-western US.
A further eruption of avian influenza at a farm supplying Post Holdings with eggs has prompted the company to declare the outbreak sweeping the US a "force majeure", with bird flu now hitting 25% of its Michael Foods egg supply.
US food group Post Holdings is to base its cereal business at the head office of MOM Brands, the rival it acquired in January, a move that will affect around 200 staff.
Post Holdings, the owner of the Michael Foods egg business, has warned two further outbreaks of avian influenza mean 20% of its egg supply is affected by the disease.
Post Holdings raised its full-year outlook to reflect a “better than expected” year-to-date performance but also warned on the uncertain impact of avian influenza.
Post Holdings-owned Attune Foods is launching a new range of cereals – Supergrains – under its Peace Cereal brand.
Mondelez International reported on its first-quarter results this week (1 May) and the group was eager to emphasise its performance in China, which was stronger than many multinational peers. Nestle is a company facing its own challenges in China and we analysed how the appointment of CFO Wan Ling Martello to head up its Asia unit can boost the group's outlook in the market. Elsewhere, we spoke to Gardein founder and CEO Yves Potvin as well as learning about Muller Wiseman's plans to launch a liquid milk brand in the UK. Here are the highlights from just-food this week.
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.
Post Holdings has revealed plans to close its plant in the US making PowerBar products on sale in North America, with manufacturing switching to co-packers.
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.
Global Bakery & Cereals Market: Merger & Acquisitions Decemb
The report provides a review of the mergers and acquisitions (M&As), partnering deals, and agreements entered into by companies active in the global bakery & cereals market during December 2013....
Global Savory Snacks Market: Merger & Acquisitions December
The report provides a review of the mergers and acquisitions (M&As), partnering deals, and agreements entered into by companies active in the global savory snacks market during December 2013....
Global Savory Snacks Market: Merger and Acquisitions August
The report provides a review of the mergers and acquisitions (M&As), partnering deals, and agreements entered into by companies active in the global savory snacks market during August 2014. Using th...
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