17 April 2014
Acquisition-hungry US food group Post Holdings has today (17 April) announced its biggest takeover - an agreement to buy egg-to-dairy supplier Michael Foods for US$2.45bn.
17 April 2014
US egg-to-dairy supplier Michael Foods, which looks set to be taken over by Post Holdings, has indicated pressure from commodity prices has affected its first-quarter EBITDA.
14 April 2014
Tyson Foods and Post Foods have reportedly been short listed as possible buyers in the sale process for US protein group Michael Foods.
21 March 2014
Michael Foods, the US egg-to-dairy group, has booked an increase in sales and earnings for 2013.
21 March 2014
US firm TreeHouse Foods is reportedly weighing a bid for Michael Foods.
17 March 2014
Tyson Foods will not close its Denison plant as previously planned in a decision that will save more than 380 jobs.
17 February 2014
Tyson Foods has remained silent on reports it has tabled a formal offer for US group Michael Foods.
17 February 2014
Read the financial statements and listen to the conference calls from US food manufacturers in recent days and it is clear: companies operating there are still facing tough conditions and cautious consumers.
6 February 2014
Tyson Foods, the US meat giant seeking to build its business in prepared, convenience foods, has launched a line of breakfast products.
31 January 2014
Shares in Tyson Foods jumped today (31 January) after the US meat giant posted a 47% earnings increase for the first quarter of its financial year.
27 January 2014
Last week, the race to buy Australian dairy Warrnambool Cheese and Butter Factory took a decisive turn when Murray Goulburn - and WCB investor - accepted the bid from rival suitor Saputo's takeover bid in what has been an ongoing saga. ConAgra Foods and US retailer Trader Joe's were accused of breaking competition law, while Cargill settled discrimination claims out of court. There were rumours French meats firm Jean Caby was undergoing a restructure and that United Biscuits could either float or be sold. And there were job losses at Kellogg, UK baker Bright Blue and US meat giant Tyson Foods. Here is the week in quotes.
21 January 2014
Tyson Foods has announced the acquisition of US pizza products company Bosco's Pizza Co.
20 January 2014
Tyson Foods has "temporarily" laid off 60 workers at a meat production plant in Iowa as some of the output has been shifted to another facility.
17 January 2014
Tyson Foods has declined to comment on speculation it is mulling over an acquisition of US egg and dairy products producer Michael Foods.
25 November 2013
Last week saw the latest in our series of just-food interviews, with Greencore CEO Patrick Coveney talking horsemeat, the ups and downs of M&A attempts and expansion in the US. The last five days also saw Burton's Biscuit Co. sold and more underwhelming results in the US with Campbell Soup Co.'s profit warning.
20 November 2013
Tyson Foods has indicated it is intensifying its focus on prepared foods as the US-based meat giant continues to build a portfolio of "value-added" products.
18 November 2013
Shares in Tyson Foods rose today (18 November) after the US meat giant booked a "record" year and said it was set for "strong growth" in the next fiscal period.
13 September 2013
A fire that broke out at a Tyson Foods poultry production plans in Virginia, caused only "limited" damage, the US meat group has said.
5 August 2013
US meat group Tyson Foods has booked an increase in profits and sales for the first nine months of its financial year.
3 June 2013
US meat giant Tyson Foods has acquired the assets of California-based Mexican food producer Circle Foods as it continues the expansion of its value-added product line.
13 May 2013
The quarterly results continued to roll in this week and we listened to a number of CEOs talk about the challenges and opportunities they face in 2013. Elsewhere, just-food covered Hofex, the largest food and hospitality tradeshow in Asia-Pacific, where we spoke with UK SMEs about their international ambitions. Retailer Delhaize Group has also begun the search for a new CEO following the resignation of Pierre-Olivier Beckers.
7 May 2013
Tyson Foods has insisted its multi-protein approach leaves it well-placed to benefit in the remainder of the year as consumers opt for cheaper protein options over beef, with NPD set to drive future revenues.
7 May 2013
US meat giant Tyson Foods has booked a drop in second-quarter earnings after the group saw a deterioration in its beef margins.
3 May 2013
First-quarter results continue to come in next week, with Cadbury owner Mondelez International among the companies reporting numbers to the end of March. Elsewhere, US meat giant Tyson Foods will file half-year figures and UK grocer Sainsbury's will report annual numbers.
8 March 2013
A major investor in Smithfield Foods has called on the US meat giant's board to consider splitting the company in three.
26 February 2013
US meat giant Tyson Foods has said it is "optimistic" about its fiscal 2013 results, despite a second-quarter that was "more challenging than anticipated".
25 February 2013
Last week ended as it started: with a household brand caught up in the horsemeat contamination scandal. On Monday, Nestle said it had pulled Buitoni products in Spain and Italy after positive tests and, on Friday, Birds Eye said it had recalled ready meals across Europe after similar results. Over in the US, leading executives from some of the largest packaged food companies were at CAGNY to discuss their prospects for the year ahead.
18 February 2013
US meat giant Tyson Foods has acquired local tortilla, salty snack and pretzel maker Don Julio Foods.
5 February 2013
US meat group Tyson Foods is expanding four of its plants in the country as part of a strategy to "add value" to their products.
1 February 2013
US meat giant Tyson Foods said fiscal 2013 is off to "a good start" after it booked an increase in first-quarter earnings.