Gaining Ground, a report produced by sustainability thinktank Ceres and investment analysts Sustainalytics, compares the performance of 613...
Sales in the frozen aisle have been lacklustre in the US for some years. However, increased competitive activity from the likes of Nestle, C...
Tyson Foods has won through in the bidding war to acquire Hillshire Brands with an improved US$63 per share offer for the for the Jimmy Dean...
Tyson Foods entered fray today (29 May) when it issued a fresh bid for Hillshire Brands, trumping an earlier offer from Pilgrim's Pride. Lik...
The creation of Brasil Foods, one of the world's largest meat groups, from Brazil's Perdigao and Sadia, was a rare mega-merger in 2009, when the global crash hit M&A. However, the deal is yet to win complete regulatory approval and, although parts of Perdigao and Sadia are operating together, Brasil Foods is yet to reap the rewards of the merger. In this month's just-food interview, Michelle Russell speaks to Brasil Foods CFO Leopoldo Saboya about the prospects for the business.
US-based meat groups have had a tough time of late amid soaring feed costs and weak domestic demand. However, Tyson Foods, the country's largest processor, has seemed better equipped to weather the storm - not least because of its international ventures. One of the company's key markets is China. In this month's just-food interview, Dominique Patton spoke with James Rice, vice president and country manager of Tyson's Chinese business, about the company's ambitions in the East.
US poultry processor Pilgrim's Pride has reported higher half-year profits as a lower cost of sales helped offset a dip in sales.
Tyson Foods has struck a deal to sell its operations in Mexico and Brazil to meat processing rival JBS.
US meat processor Tyson Foods is to shut three domestic factories in a bid to improve the performance of its prepared foods business.
Tyson Foods today (28 July) reported higher third-quarter earnings but the US meat group's bottom line was below Wall Street forecasts.
This week, Treehouse Foods announced a deal to buy US private-label peer Flagstone Foods. In other M&A news in the US, Tyson Foods and Hillshire Brands finalised an agreement over a takeover of the Jimmy Dean meats manufacturer. Chinese firm Huaxia Dairy and ethnic foods supplier Shazans both announced expansion following investments in the companies. Elsewhere, Burton's Biscuit Co. was in hot water with union officials after announcing 64 jobs were to go at its Edinburgh site.
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