Pringles - food industry company news 
Promo Tracker: Waitrose offers deepest promotions
7 February 2012
Waitrose's promotions offered consumers the highest saving on average, according to the latest data from the just-food Promo Tracker.
US: Diamond Foods "faces criminal probe"
13 January 2012
US snack maker Diamond Foods is reportedly under investigation from federal prosecutors over whether its financial practices involved criminal fraud.
Promo Tracker: Asda upped discounts in December
13 January 2012
Asda, unlike Tesco and Sainsbury's, increased its number of promotions in December, according to data from just-food's Promo Tracker.
US: Diamond stocks rise over Einhorn speculation
3 January 2012
Stocks in uncertainty-riddled Diamond Foods rose on rumours that investor David Einhorn has acquired a stake in the firm.
2011 in review - M&A activity fails to meet expectations
22 December 2011
A year ago, there was consensus that M&A activity would pick up in 2011. As we look back on the last 12 months, there were some major deals but concern over the economy meant the numbers of deals fell short of expectations. Dean Best reports.
Editor's choice: the highlights on just-food last week
19 December 2011
Industry watchers have forecast further consolidation in the confectionery sector but there has been an absence of major deals in 2011 - until today, when Scandinavian candy makers Cloetta and Leaf International announced plans to merge. Elsewhere in Europe this week, Carrefour tabled a bid to buy French franchise partner Guyenne et Gascogne. Findus Group's French operations, meanwhile, grabbed the headlines with news that private-equity owner Lion Capital ended talks to sell the business to rival buy-out house Permira. And Diamond Foods' deal to buy snacks brand Pringles looks uncertain amid news that the SEC is to investigate crop payments made at the company.
US: Diamond faces SEC probe
15 December 2011
Beleaguered snack company Diamond Foods faces a probe from a US stock market regulator over the company's own inquiry into walnut crop payments.
US: Diamond misses deadline for Q1 results
12 December 2011
Diamond Foods today (12 December) admitted that it would miss a deadline to file its first-quarter results, adding to the uncertainty around the US snack maker.
Promo Tracker: Sainsbury's ramps up promos in November
7 December 2011
Sainsbury's intensified its promotional activity in November, according to the latest data from the just-food Promo Tracker.
Editor's choice: the highlights on just-food last week
5 December 2011
India's planned retail reform continued to dominate the headlines, while we analysed two other contentious issues - industry efforts to tackle child labour in cocoa production and the true potential of intense sweetener stevia. Elsewhere, Unilever and McCain Foods faced union strife and Diamond Foods warned a probe into payments to growers could hit the company.
US: Diamond warns of further strife over walnut price probe
30 November 2011
Diamond Foods' delayed US$2.35bn acquisition of Pringles from consumer goods giant Procter & Gamble may have been dealt another blow.
US: Diamond director found dead
23 November 2011
Diamond Foods has seen shares drop after it emerged that a company director has died.
Quote, unquote: just-food's week in words
7 November 2011
This week, food giants continued to post third-quarter results including German retailer Metro Group and food manufacturer Kraft Foods. Meanwhile, B&G Foods snapped up four food brands from Unilever. However, Diamond Foods' acquisition of Proctor & Gamble's brand Pringles has been delayed six months due to an investigation.
Editor's choice: the highlights on just-food last week
7 November 2011
It's financial results season this week, with Kraft and Tate & Lyle performing strongly, while Chiquita and Whole Foods faltered. Diamond Foods' deal to buy Pringles from Procter & Gamble was delayed, prompting consternation among stockholders, and Portuguese retailer Jeronimo Martins announced extensive investments in Latin America. Click on the headlines for more.
In the spotlight: Walnuts crack Diamond
4 November 2011
Some of Diamond Foods' lustre has been wiped away by an announcement that its much-lauded purchase of Pringles has been delayed over an investigation into crop payments.
US: Diamond payment probe delays Pringles takeover
2 November 2011
Diamond Foods' acquisition of the Pringles business from Procter & Gamble has been delayed over an investigation into the US snack firm's crop payments to walnut growers.
Quote, unquote: just-food's week in words
19 September 2011
Stories from Europe, the UK, the US and Latin America provided some of this week's headlines. A key shareholder in Metro Group has lost patience with the German retailer's CEO, upmarket UK grocer Marks and Spencer revealed its new-look food halls, US snack firm Diamond Foods discussed the outlook for its new financial year and PepsiCo outlined plans to launch healthier products in Mexico.
On the money: Pringles is key to Diamond's future sparkle
16 September 2011
Diamond Foods says the raw power of the Pringles brand is a vital component in its future success.
US: Diamond FY profits surge, ups guidance
16 September 2011
Diamond Foods has posted an increase in annual profits and upped its earnings guidance for its new fiscal year.
UK: Diamond Foods ups size of Pringles cans
12 September 2011
Diamond Foods has said it intends to "boost" sales across its Pringles brand with the launch of Big Sharing Packs in the UK, this month.
Promo Tracker: Unilever ups promotions on Ben & Jerry's
6 September 2011
Unilever ice cream brand Ben & Jerry's returned to the top 20 of the UK's most-promoted food brands in August, according to data from the latest just-food Promo Tracker.
Promo Tracker: UK grocers increased promotions in June
6 July 2011
Tesco, Asda and Sainsbury's upped the number of products they sold at a discount in June, according to data from the latest Promo Tracker.
US: Diamond ups profit target
3 June 2011
Diamond Foods has upped its profit guidance after posting "strong" financial results for its third quarter.
Promo Tracker: Sainsbury's intensifies promo activity
2 June 2011
Sainsbury's, the UK's third-largest grocer, heightened its promotional activity during May, according to the latest just-food Promo Tracker.
Demand for "premium", healthy snacks drives UK sales
12 May 2011
Sales of sweet and savoury snacks in the UK continued to rise in 2010, underpinned by demand for premium brands and products beneficial to health, writes Euromonitor International's Anastasia Alieva. Innovation is focusing more on reformulation and the creation of nutritionally-balanced indulgent snacks, which will pave the way for future growth.
Promo Tracker: Tesco, Ocado up promotional levels
3 May 2011
With Easter and the Royal Wedding both falling in April, the promotional landscape scene was mixed last month, according to the latest just-food Promo Tracker.
Best bits: Diamond, Smithfield look to expand outside US
11 April 2011
Pringles, an anomaly in a Procter & Gamble portfolio that spans categories as diverse as batteries and fabric conditioner, was always going to be sold. The questions surrounded when and to whom.
Editor's choice: the highlights on just-food this week
8 April 2011
Diamond Foods' move for global snacks brand Pringles was the stand-out story this week, with the US snack firm set to add to a burgeoning stable that already includes Kettle Foods. Elsewhere, Smithfield Foods announced plans to take a majority stake in Europe's largest packaged meats maker Campofrio, while Marks and Spencer struck an upbeat tone as it published its latest sales figures. Click on the headlines to find out more.
Quote, unquote: just-food's week in words
8 April 2011
M&A led the news agenda again this week, with Diamond Foods' plans to acquire crisp brand Pringles, while Smithfield revealed plans to acquire Spanish meat brand Campofrio. Meanwhile, M&S published better than expected results for its fourth quarter. Here's the best of what was said this week.
In the spotlight: Diamond Foods goes global with Pringles buy
7 April 2011
Every now and then, a deal is done that significantly alters the direction of a business. Diamond Foods' agreement to buy the Pringles brand looks set to do just that, tripling the size of the US firm's snacks business and boosting the company's exposure to overseas markets. Dean Best reports.
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