San Miguel Corp.
Philippines-based San Miguel Pure Foods saw its earnings jump by more than a quarter in 2016, helped by rising sales from its branded "value-added" business.
Philippines-based San Miguel Corp. has confirmed plans to invest up to PHP75bn (US$1.5bn) in its San Miguel Pure Foods subsidiary including new processing facilities.
San Miguel Pure Foods, the Philippines-based business, has reported higher first-half sales and earnings.
San Miguel Pure Foods, the Philippines-based business, has reported higher first-quarter sales and earnings, helped by sales of branded products and lower dairy costs.
South Africa's Tiger Brands grabbed the headlines this week with news of the over-stating of sales at its Kenyan arm inflating local profits last year. Elsewhere, Ireland's Total Produce lifted its earnings forecast and said it was on the look-out for more M&A. UK meat group Cranswick reported mixed annual results.
Philippines food and drink business San Miguel Corp. is to buy out US group Hormel Foods from the companies' venture in Vietnam.
Hormel Foods has revealed it is considering leaving Vietnam, a market where it has a business with Philippines conglomerate San Miguel Corp.
Philippines-based San Miguel Pure Foods is to acquire the La Pacita biscuit business from local peer Felicisimo Martinez & Co.
San Miguel Corp., the Philippines-based brewer-to-oil refiner, has said that its food interests saw mixed fortunes in the first nine months of the year.
Blackstone Group and PAI Partners have reportedly shortlisted three potential buyers as they look to exit their investment in UK Jacob's and McVitie's maker United Biscuits.
Philippines food and drink group San Miguel Corp. has reportedly joined the race to acquire UK-based snack maker United Biscuits.
Kellogg and Burton's Biscuit Co. are reportedly among the companies who have submitted first-round bids for United Biscuits.
M&A was once more a focus on just-food as consolidation of the food sector continued. US natural and organic food group Annie's was snapped up by General Mills.
Philippines food and beverage group San Miguel Corp. is weighing up a bid for UK snacks firm United Biscuits.
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