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It's tough but industry needs to act on water

California is, in its own words, "facing one of the most severe droughts on record" and food and beverage companies are under scrutiny. The...

China: Multinationals vie for place at table

With an increasingly affluent population of more than 1.36bn mouths to feed the potential offered by China's food sector is immense. But the...

just-food's review of 2013: trends that shaped M&A

Katy Askew | 6 Jan 2014

M&A levels remained relatively subdued in 2013. Growing private-equity interest and something of a shift in capital flows to mature markets have been significant trends shaping the M&A landscape. While gaining routes-to-market in emerging economies has remained key for strategic buyers. Katy Askew examines some of the stand-out deals of the past 12 months.

China: Multinationals vie for place at table

Katy Askew | 29 Nov 2013

With an increasingly affluent population of more than 1.36bn mouths to feed the potential offered by China's food sector is immense. But the size of the opportunity does not, in itself, guarantee success. Competition is fierce as multinational food groups and local players alike look to grow their share of this vast pie. Katy Askew examines the competitive dynamics of the Chinese food sector.

Delhaize CEO appt, Smithfield deal in spotlight

Dean Best | 9 Sep 2013

The choice of Delhaize's new CEO failed to cheer the market last week as investors reacted coolly to the news. The potential takeover of Smithfield Foods, the world's largest pork processor, has also not won over all shareholders, with one claiming to have received rival interest.

The week ahead

Katy Askew | 10 Jun 2013

A quiet week for financial updates as results season winds down, with Diamond Foods, Sainsbury's and Smithfield preparing to issue updates. Trade shows will see food companies setting out their wares in various continents from North America to Africa.

Latest Interviews

Smithfield Foods on new sustainability targets

Ben Cooper | 11 Aug 2015

Smithfield Foods, the US meat group, has set out a new tranche of goals on sustainability, building on targets it laid out in 2010. Ben Cooper spoke with Stewart Leeth, vice president of regulatory affairs and sustainability, about the company's progress over the past five years and the launch of the new targets.

Interview: Bottom-up approach to China food safety

David Green | 15 Jul 2013

As the Chinese government moves to step up regulation of the country's food industry, China's domestic brands are developing a for-profit food safety model that aims to restore battered consumer confidence in the quality and reliability of the country's foodstuffs, according to Rick Gilmore, chairman of the Global Food Safety Forum (GFSF). David Green caught up with Gilmore in Beijing to find out more.

Latest News

Smithfield expands dry sausage capacity

Katy Askew | 21 Aug 2015

Smithfield Foods is expanding the dry sausage manufacturing capacity at its Wisconsin production plant to ramp up production of pepperoni and salami products.

Smithfield Foods names COO, CFO

Katy Askew | 20 Aug 2015

Meat group Smithfield Foods today (20 August) announced that Kenneth Sullivan, currently EVP and chief financial officer, has been named president and chief operating officer. Glenn Nunziata will succeed him as CFO.

Industry news of week - Russia ban, Maggi ruling

Dean Best | 14 Aug 2015

Russia this week said it would extend its restrictions on food imports to four more countries. In India, the ban on Nestle's Maggi noodles was overturned - although the products will have to be tested again. In the US, Kraft Heinz Co. announced plans to cut 2,500 jobs, while co-investor Warren Buffett cooled talk over a bid - in the short term at least - for Mondelez International. And in Europe, Nomad Foods struck a deal to buy Findus Group's operations in seven markets.

Smithfield Foods extends sustainability targets

Katy Askew | 16 Jul 2015

Smithfield Foods has extended a number of sustainability targets to build on previous objectives set in 2010 in areas such as animal care and environmental impact.

Smithfield to build new pork sausage plant

Hannah Abdulla | 27 May 2015

Smithfield Foods has announced the construction of a new pork sausage plant in Sampson County, North Carolina.

Food industry news of week: Blue Bell, Schreiber

Dean Best | 10 Apr 2015

US ice cream maker Blue Bell Creameries this week expanded its product recall as it reacts to a listeria outbreak linked to three deaths. In Europe, Dutch horsemeat trader Willy Selten was sentenced to a jail term. And China has filed a dispute at the WTO over the EU's tariffs on poultry products.

Smithfield invests in Curly's production

Katy Askew | 9 Apr 2015

Smithfield Foods is investing US$9m to expand production of its Curly's brand, which includes pre-cooked BBQ products such as pulled pork, beef and chicken.

Smithfield Foods to set up bacon plant in US

Dean Best | 7 Apr 2015

Smithfield Foods has started building a bacon slicing plant in Wisconsin as part of the US meat group's plans to grow its packaged meats business.

Smithfield Foods reports FY profit jump

Hannah Abdulla | 25 Mar 2015

US pork processor Smithfield Foods has reported a jump in annual profits, as sales growth across all of its divisions offset higher raw material costs.

Romania approved for frozen pork exports to China

Hannah Abdulla | 19 Mar 2015

Romania has secured for the first time the green light from China to ship frozen pork imports to the country.

Smithfield Foods reorganises business divisions

Hannah Abdulla | 16 Feb 2015

Smithfield Foods has announced a restructuring of its organisation, a move that will see the US-based meats group managed across four divisions.

Smithfield "raises bar" on pork with Prime line

Dean Best | 18 Nov 2014

US pork processor Smithfield Foods has launched a "premium" range of products it hopes will meet consumer demand for "higher quality" options.

Smithfield profits surge on value-added focus

Katy Askew | 7 Nov 2014

Smithfield Foods, the US pork producer owned by China's WH Group, reported a leap in third-quarter earnings on higher meat prices and increased packaged sales.

Mustard brand French's launches UK hot dog range

Hannah Abdulla | 8 Oct 2014

US food maker Smithfield Foods has teamed up with French's mustard owner Reckitt Benckiser to launch a range of chilled hot dogs in the UK.

WH Group H1 earnings jump 105%

Katy Askew | 1 Sep 2014

Chinese pork processor WH Group booked a surge in earnings in its first set of interim results as a listed company, boosted by last year's acquisition of US pork giant Smithfield Foods.

Smithfield cites strong demand for profit jump

Dean Best | 12 Aug 2014

US pork processor Smithfield Foods has reported higher half-year profits, pointing to demand at home and abroad.

Pork giant WH Group revives IPO plan

Dean Best | 15 Jul 2014

WH Group, the world's largest pork processor, has relaunched plans for a listing in Hong Kong.

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

Hannah Abdulla | 23 Jun 2014

This week shares dipped in both Premier Foods and ConAgra Foods after the firms said they were likely to miss earnings forecasts for their respective quarters. Elsewhere, PepsiCo and Mondelez both showed their commitment to R&D through the opening of new facilities. Danone debuted its desserts range in the US, but in the UK was in hot water with the advertising watchdog who claimed its Nutricia Growing Up Milk ad implied the health of kids that didn't consume the product would suffer. Here is the week in quotes

Smithfield US plant to re-open after ammonia leak

Hannah Abdulla | 19 Jun 2014

A Smithfield Foods plant in the US is due to re-open tomorrow (20 June) after a burst hot water tank injured two staff and forced its closure for three days.

Smithfield adds super-premium line to Kretschmar

Katy Askew | 30 May 2014

Smithfield Foods has expanded its offering under the Kretschmar Premium Deli Meats & Cheeses brand with the introduction of Kretschmar Master's Cut.

Smithfield Foods plans four China meat plants

Hannah Abdulla | 19 May 2014

US pork processor Smithfield Foods has revealed it will build four meat processing plants in China.

Meat giant WH Group abandons Hong Kong IPO

Katy Askew | 29 Apr 2014

Chinese pork processor WH Group has abandoned plans to list in Hong Kong, citing poor market conditions and volatility.

Latest blogs

Western Australia, China strengthen ties via food industry

Hannah Abdulla | 9 Jun 2014

Western Australia is strengthening its ties to China via the food industry.

Shuanghui's Smithfield Foods offer gets more support in US investor circles

Dean Best | 16 Sep 2013

A second firm of advisors to investors has said shareholders in Smithfield Foods, the world's largest pork processor, should accept the $7.1bn takeover bid from China's Shuanghui International.

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