The move from General Mills and Sodiaal to expand Yoplait into China is a significant step for the yoghurt brand. The potential of the Chine...
Competition among processors for milk supply in Australia, price pressure from retailers and Bega Cheese's desire for greater scale to compe...
The prospect of tapping growing demand for dairy in markets in Asia has driven another deal in Europe's dairy sector - this time a merger between two French processors, Sodiaal and 3A.
just-food's BRICs and beyond column aims to highlight the risks - and rewards - of operating in the world's emerging markets. The interest in markets like Brazil and Russia remains intense and, due to the demographic, geographic and economic differences between the four countries - as well as their potential for growth - the clamour for information on what makes each market tick grows by the day.
Months of speculation were drawn to a close this morning (18 March) when it was confirmed that General Mills has entered into exclusive negotiations to buy a stake in French dairy brand Yoplait from investment fund PAI Partners.
The announcement today that General Mills has entered exclusive talks to buy a stake in French dairy business Yoplait will end one of the most fiercely-contested takeover battles in the food industry in the last 12 months. This week, just-food also spent time exploring the new products on offer at IFE and heard about the strategies driving the UK grocery operators. Here's the best of what was said on just-food this week:
Northern Africa and the Middle East are firmly in the geo-political spotlight, with the political unrest that surfaced in Tunisia last month spreading to the current ongoing protests in Egypt. There are also signs of dissent in Jordan and Yemen. just-food's Stuart Todd spoke to Jean-Luc Deher, international director of French dairy processor Candia, about the Sodiaal-owned company's presence in the region and the risks of operating in such an environment.
France-based dairy cooperative Sodiaal said today (24 November) it will select a new CEO next month to succeed Frédéric Rostand, who is to leave the company on 31 December.
Algerian dairy firm Tchin Lait, a franchisee of France's Sodiaal group subsidiary Candia, has expanded production with the opening of a new UHT facility in the capital city of Algiers.
French dairy co-operative Sodiaal and national retailers' co-operative Systeme U have signed a partnership agreement that offers a "fair compensation" deal for milk producers.
Sodiaal, the French dairy co-operative, is to manufacture UHT milk to be sold in China under the local brands of infant formula group Synutra.
Sodiaal, the France-based dairy co-operative, is to make savings and put off some of its spending this year.
B&G Foods struck a deal to buy General Mills' struggling Green Giant business - but insisted it could revitalise its sales. Arla Foods announced two ventures in Africa to boost its presence in the continent. And Nestle outlined plans to make KitKat with only sustainably-sourced cocoa from next year.
Sodiaal-owned cheese business Entremont has announced it is moving into France's frozen food sector.
Sodiaal is to launch an organic infant milk in China under its Nactalia brand, the French dairy group's second announcement in a week on plans to expand in the market.
PepsiCo issued its second-quarter results this week - and upped its annual earnings forecast. The company's shares fell, amid concerns the second half of the year will prove more challenging. Under-pressure US group Boulder Brands, fresh from the departure of its CEO, announced restructuring plans likely to lead to 15% of jobs being cut. French dairy group Sodiaal announced another move in China, while we analysed the impact Russia's import restrictions have had on domestic companies.
ConAgra said that it will sell its private brands business after reporting losses. We asked whether General Mills' plans to turn around US sales will work and took a detailed look at what Grexit would mean for the food industry in Greece. Here are this week's highlights on just-food.
French milk producer Candia, part of the dairy co-operative Sodiaal, is to set up its first joint venture in China as part of plans to broaden its reach in the country.
French dairy co-operative Sodiaal aims to double its earnings by 2020 as it looks to take advantage of opportunities in the "new world" following the end of EU dairy quotas.
General Mills has taken the plunge in China's yoghurt market, this week launching Yoplait in Shanghai. The row over Nestle's Maggi noodles in India continued, with the food giant contesting the nationwide ban in court. And there were a flurry of stories in the US - Campbell Soup Co. and WhiteWave Foods snapped up smaller businesses, while Boulder Brands announced its co-founder and CEO Steve Hughes had resigned.
General Mills today (8 June) announced the launch of the Yoplait yoghurt brand in China.
French milk processors have launched a 'Made in France' logo in a bid to combat rising imports.
French dairy giant Sodiaal has reported higher sales and profits for 2013, boosted by recent mergers and its cheese business.
Chinese infant formula firm Synutra International has started construction of a drying facility for powdered milk and fat-enriched demineralised whey in Carhaix in France.
Dairy firm Sodiaal has today (8 January 2014) confirmed the completion of a merger with counterpart 3A following the deal being announced by just-food in June 2013.
French co-operative Agrial has raised around EUR95m (US$126.9m) on the Paris stock exchange's private bond Euro PP market to finance international expansion.
French patisserie maker Boncolac is expanding its deli products activity with a new manufacturing plant in south-west France.
The spat between UK retailers Sainsbury's and Tesco grabbed this week's headlines after the country's advertising watchdog ruled in favour of the latter's price comparison scheme.
French dairy giant Sodiaal has decided to launch a chain of shops in China to sell Candia-branded lines in a bid to tap into demand for foreign milk products.
General Mills unveiled plans for a raft of new products last week as it seeks to improve sales across its business, particularly in the Yoplait owner's yoghurt division. There was a major piece of consolidation in the French dairy sector this week, with dairy co-ops Sodiaal and 3A to merge. We discussed FrieslandCampina's sustainability strategy with its CSR director, while we also interviewed the CEO of The Bart Ingredients Company about his moves to revitalise the UK firm.
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