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The WHO highlighted the "additional benefits" of cutting daily sugar intake to five teaspoons a dayEditor's choice: the highlights on just-food this week

10 March 2014

Sugar again grabbed the headlines after the World Health Organization revised its guidance on how much of the ingredient to consume. Elsewhere, a US retailer with over 2,400 stores could be created after Albertsons owner and private-equity firm Cerberus Capital Management struck a deal that looks set to see it buy Safeway.

UK: Premier details refinancing plan, books 2013 profit fall

4 March 2014

Premier Foods today (4 March) detailed how it plans to recapitalise its balance sheet as it booked a drop in full-year sales and profits this morning.

UK: Premier targets children with Ambrosia mini pots

17 February 2014

Premier Foods is extending its range of ambient Ambrosia desserts in the UK with the launch of mini pot lines.

UK: Premier Foods launches Loyd Grossman lasagne pouches

10 February 2014

Premier Foods has added lasagne sauces to its Loyd Grossman cooking sauces line - but has opted for pouch-packaging rather than the conventional jars.

UK: Warburtons ad banned over "biggest baker" claims

5 February 2014

The UK's Advertising Standards Authority has banned an advert from bread maker Warburtons after its claims it is London's biggest baker.

UK: Premier "hopes to raise GBP1bn" in new capital

31 January 2014

Premier Foods, the indebted UK food maker, is reportedly aiming to raise GBP1bn through new loan agreements and a rights issue.

In the spotlight: Premier Foods aims to bring home bread with Hovis JV

29 January 2014

Premier Foods plc announced earlier this week that it will establish its bread business as a standalone joint venture, in which US private equity firm Gores Group will hold a majority stake. The company clearly hopes that - in conjunction with its new partner - it will be able to rejuvenate its the struggling bakery unit. Nevertheless, a number of challenges lie ahead for the heavily indebted UK food major. Katy Askew reports.

The just-food interview - Quorn Foods CEO Kevin Brennan - part one

16 January 2014

It is 12 months since the horsemeat contamination saga shook Europe's food sector. This week, the media has been reflecting on what happened, the lessons that have (or not, some argue) been learnt and the sales impact on parts of the industry. While some saw sales suffer - Greencore CEO Patrick Coveney outlined the impact on the ready-meals giant in an interview with just-food last November - others benefited from the scandal. UK-based meat-free products manufacturer Quorn Foods is one such company.

UK: Premier silent on Gores investment speculation

14 January 2014

Premier Foods plc has declined to comment on a report it is in talks with the investment vehicle of US billionaire Alec Gores over possible investment in its bread business.

UK: Premier brushes off share issue speculation

23 December 2013

Premier Foods, the UK group behind brands including Hovis bread and Mr Kipling cakes, has sought to play down speculation of a rights issue in the New Year.

UK: Premier in PE talks over Hovis investment

28 November 2013

Premier Foods has held discussions with private-equity investors in a bid to secure backing for its Hovis bread unit, just-food understands.

UK/CHINA: Premier signs Ambrosia deal with Swire

31 October 2013

Premier Foods has struck a deal with Chinese distributor Swire that will see the UK food manufacturer's Ambrosia brand distributed in the fast-growing market.

UK: Premier posts mixed sales performance

31 October 2013

UK manufacturer Premier Foods today (31 October) reported a 3% drop in third-quarter sales as "power brands" growth slowed and revenue from smaller brands, bread and own label fell.

Comment: Premier focused on long-term with CFO appointment

24 September 2013

The news that Premier Foods CFO Mark Moran will leave the company has again thrown into the spotlight the financial pressure the Hovis maker is under. However, in former Dairy Crest executive Alastair Murray the company has found what looks like a safe pair of hands and, significantly, the move emphasises Premier's commitment to building a stable management team in the long term.

UK: Premier Foods appoints ex-Dairy Crest exec Murray as CFO

24 September 2013

Premier Foods has appointed former Dairy Crest finance chief Alastair Murray to replace Mark Moran as chief financial officer.

UK: Premier opens talks to avert further Hovis strike

19 September 2013

Premier Foods and the union representing workers at the UK group's Hovis bakery in Wigan opened talks today (19 September) in a bid to stave off a third week of strikes.

Quote, unquote: just-food's week in words

16 September 2013

Tesco grabbed the headlines last week after signing an agreement with Yucaipa for its US stores, bringing an end to its failed venture across the Atlantic. Amongst other retailers, Morrisons insisted the "space race" among major UK grocers was "well and truly over" as it released its latest sales and earnings figures. Elsewhere, just-food spoke with Boulder Brands CEO Stephen Hughes about its buoyant gluten-free business. Here is a selection of quotes from last week's news and insight.

UK: Hain regains Tesco New Covent Garden listing

22 August 2013

Hain Celestial has secured a listing at Tesco for UK soup brand New Covent Garden 12 months after the retail giant dropped the brand in a range review.

On the money: Hain looks to new financial year with confidence

22 August 2013

An upbeat Hain Celestial has said continued sales growth in the US and in the UK, as well as productivity savings - including from the integration of recent acquisition Ella's Kitchen - will help it grow profits in the next 12 months.

UK: Premier Foods Hovis staff vote for strike action

22 August 2013

Workers at a Premier Foods Hovis facility in Wigan have voted in favour of strike action after unions said the company reneged on long standing recognition agreements.

Quote, unquote: just-food's week in words

29 July 2013

PepsiCo was forced to shrug off a call to break up the business and merge its food operations with Mondelez International again last week as the company issued its first-half results. CEO Indra Nooyi urged the market to "look beyond the noise" surrounding pressure from activist investor Nelson Peltz. Elsewhere, Premier Foods CEO Gavin Darby revealed it was asking suppliers to sign up to "strategic partnership" as part of its plans to cut numbers by half.

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

29 July 2013

PepsiCo announced its first-half results last week and faced questions about Nelson Peltz's call to combine with Mondelez International.

On the money: Premier seeks "strategic partnerships" with fewer suppliers

23 July 2013

Premier Foods plc, which is cutting its network of suppliers in half as part of cost-saving plans, has asked firms to sign up to "strategic partnership" deals that could lead companies to invest more in innovation and product development.

What the analysts say: Premier Foods plc H1

23 July 2013

Premier Foods plc this morning (23 July) revealed an increase in first-half profits boosted by lower costs. The Hovis and Mr Kipling maker also raised its full-year forecast and said it now expects trading profit to be around the top of market expectations at GBP146m. Analysts largely offered an upbeat view of the results.

UK: Premier H1 profit up, raises FY outlook

23 July 2013

Premier Foods has reported an increase in first-half profits boosted by lower costs and raised its full-year expectations.

UK: 2 Sisters, Premier sign Hovis Bakes licensing deal

17 July 2013

Two Sisters Food Group has signed a licensing agreement with Premier Foods plc for the production and distribution of its Hovis Breakfast Bakes biscuit range.

Organic baby food: Ella's Kitchen is Hain's most promising UK buy

17 July 2013

US manufacturer Hain Celestial has struck again across the pond. And its latest acquisition in the UK seems to be the one with most potential, Dean Best suggests.

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

12 July 2013

For a second week, China's probe into infant formula prices - which it emerged is part of a wider investigation into the dairy sector in the country - grabbed your attention. And the US food retail scene saw the biggest M&A story of the week when Kroger struck a deal to buy regional chain Harris Teeter for US$2.4bn.

Quote, unquote: just-food's week in words

12 July 2013

China's investigation into the alleged fixing of infant formula prices rumbled on this week as Beijing claimed companies at the centre of the investigation were knowingly breaking the law. More firms moved to lower prices, including Mead Johnson, Meiji and FrieslandCampina. Elsewhere, Kroger struck a deal to buy regional supermarket chain Harris Teeter, while just-food spoke with the CEO of Walkers Shortbread's US arm and the newly-appointed managing director of Futura Foods following the sale of a stake in the company to Danish dairy firm Nordex.

UK: Premier to close plant as part of milling reorganisation

10 July 2013

Premier Foods is to close a facility in Wales as part of a reorganisation of its milling business.







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