There may be caution over the prospect for blockbuster deals in a dilapidated economic environment, but the food sector mergers and acquisitions table still has plenty to whet the appetite.
Fresh produce supplier Total Produce has acquired a 65% stake in US group Progressive Produce.
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.
Shares in Ireland-based Total Produce climbed this morning (3 March) on expectations of another year of higher earnings per share, which the company managed to grow in 2014 despite mixed profitability and falling sales.
European fresh produce firm Total Produce has acquired a 50% stake in Canada's Gambles Group in a move the company said "further broadens" its presence in North America.
Ireland-based Total Produce has acquired 45% of US avocado grower and marketer Eco Farms.
London-listed fresh produce manufacturer Total Produce has reported a rise in profits for the first half of 2014 despite a fall in sales.
Ireland's Total Produce has indicated it is on the look-out for further acquisition targets as it booked a jump in full-year sales and earnings in 2013, driven by the contribution of recent deals.
Irish fruit firm Total Produce has raised its outlook for the full year, after booking a strong increase in sales and earnings during the first half.
Total Produce has reported higher sales and earnings for 2012.
Fresh fruit and veg group Total Produce has completed its acquisition of a 35% stake in Canada's Oppenheimer Group for an initial C$15m (US$15.2m).
Fruit and veg giant Total Produce is to enter North America with the acquisition of a stake in Canadian firm The Oppenheimer Group.
Shares in Total Produce rose today (4 September) after the Ireland-based group sweetened its forecast for full-year earnings.
An increase in full-year profits failed to stem a decline in sales for Ireland-based fresh produce firm Total Produce.
Total Produce, the Ireland-based fresh produce firm, is set to acquire 50% of fruit and vegetable trader Frankort & Koning.
Total Produce, the Ireland-based fresh produce firm, has reported an increase in half-year profits thanks to the proceeds from an asset sale in South Africa.
Shares in Irish-based Total Produce were up today as the it recorded an increase in net profit for 2010.
Irish fruit firm Total Produce booked a drop in pre-tax profits in 2009, hurt by adverse currency movements and the cold weather.
The UK arm of Irish fruit firm Total Produce has acquired the trade and assets of exotic fresh fruit importer and supplier Utopia UK Limited.
Irish fruit firm Total Produce has posted a 2.3% drop in first-half pre-tax profits, which slid to EUR24.3m (US$35.2m), despite a small gain in revenue.
Organic food campaigners have accused New Zealand's food safety body of understating the significance of pesticide residues in the country's food supply.
Ireland-based fruit and veg group Total Produce has handed finance director Frank Gernon a new brief, taking in the company's financial strategy and development.
Ireland-based Total Produce has acquired 50% of the assets of soft fruit firm ASF Holland from Frankort & Koning.
Fruit distributor Total Produce has reported a drop of 10% in pre-tax profits for 2008, hurt by the closure costs of a number of UK and Ireland manufacturing plants.
European fresh produce company Total Produce has completed its acquisition of 60% of Haluco BV and Nedalpac BV.
The European Commission has cleared the proposed acquisition of joint control over TP Haluco by Total Produce and the vendor Haluco Beheer BV. The proposed transaction would also involve the acquisition of sole control over Haluco UK by the Irish group Total Produce.
Total Produce, the Ireland-based firm, has today (28 May) upped its earnings forecast for 2008.
Ireland-based Total Produce has bought a majority stake in two Dutch salad firms in a deal that could reach EUR23m (US$36.2m).
Ireland-based Total Produce saw a dramatic rise in operating profit of 73.5% in 2007 due to contributions from acquisitions during 2007.
Total Produce plc - Company Capsule
Canadean's "Total Produce plc - Company Capsule" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and ser...
Fruit & Vegetable Wholesalers (European) - Industry Report
Plimsoll’s Fruit & Vegetable Wholesalers (European) analysis is the most definitive and accurate study of the Fruit & Vegetable Wholesalers (European) sector in 2013. The report is split into two sec...
- Mondelez results and outlook - 7 things to learn
- Comment: Hain Celestial cognisant of US challenges
- What should you learn from 2015 olive oil prices?
- Talking shop: Wal-Mart overhaul, Lidl's US charge
- Why Lactalis swooped for Romanian dairy Albalact
- Mondelez continues to see margins up, sales mixed
- Hain Celestial lifted by international, protein
- China eyes further infant formula restrictions
- Unilever launches eggless Hellmann's mayo in US
- Unilever launches dairy-free Ben & Jerry's in US