Raisio, the Finland-based group behind brands including Benecol, Honey Monster cereals and Fox's confectionery, has, in recent years, tried...
Private-equity firm Langholm Capital was this week reported to have put UK crisp group Tyrrells on the market. Langholm has declined to comm...
The private-equity owners of Burton's Biscuit Co. are "considering options" for the UK's second-largest biscuit maker, a process that could...
The focus returned to rising commodity costs again this week, as Flowers Foods, Kraft Foods and PepsiCo admitting that input pressure had im...
Cheese spread and dip manufacturer Kavli has been on something of an acquisition spree. Already this year it has purchased Raisio's non-dairy assets and last week announced the purchase of St Helen's Farm.
Raisio, the Finland-based group behind Benecol, Fox's confectionery and Sugar puffs cereal, saw branded sales fall in the first half of 2013. However, CEO Matti Rihko tells Dean Best the company is sharpening its portfolio to improve the performance of its branded business - and is eyeing more expansion in the years ahead.
Five months ago, Chiquita Brands International announced plans to merge with fellow banana supplier Fyffes. The deal was set to close by the end of the year. However, this week, an unsolicited takeover bid came in for Chiquita, which promptly rejected the offer. However, the suitors have indicated they may not go away easily. Elsewhere, our coverage of Russia's food embargo continued, we looked in-depth at the opportunities for growth in Japan in our latest management briefing and, in a new M&A column, we suggested Raisio sell up to private equity.
This week, Chiquita Brands International was in the limelight as it received an unsolicited takeover bid from Brazilian juice maker Cutrale Group. Elsewhere, ConAgra Foods announced the closure of two popcorn factories in Ohio, and Campbell Soup Co.'s Plum Baby business announced its exit from the UK. just-food's management briefing series took a trip to Japan to see how food companies can succeed in a low-growth market.
Shares in Raisio plunged more than 7% today (12 August) after the Finnish food group forecast a fall in EBIT in 2014.
Finnish food group Raisio is increasing its investment behind gluten-free brand Provena in a bid to expand its share of European gluten-free sales.
Finnish food group Raisio has announced plans to restructure and streamline its agricultural arm, Raisioagro, with the loss of 43 jobs at the unit.
It's a public holiday in the UK today (26 August) - thankfully the sun is just breaking through here in south London to help us bask in our Ashes victory - and, while we take a day's break, here are some of last week's top interviews, comment and analysis in case you missed them.
- Focus: Fonterra's bid to weather dairy volatility
- How Windsor buy is part of Ajinomoto's global push
- Dairy in India: No quick win for multinationals
- Dairy in India: How to win over Indian consumers
- On the money: Diamond's faith in on-trend range
- Nestle forms new unit to "leverage scale"
- Kerry, Premier team up on frozen NPD in UK
- Nestle sells baby food brands Alete, Milasan
- PepsiCo eyes Middle East growth with R&D centre
- Aryzta profits rise on M&A