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Michael Foods latest deal from Post HoldingsUS: Acquisitive Post Holdings swoops for Michael Foods

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.

US: High commodity costs weigh on Michael Foods

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.

US: Tyson, Post "in running" for Michael Foods

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.

US: Michael Foods 2013 earnings rise

21 March 2014

Michael Foods, the US egg-to-dairy group, has booked an increase in sales and earnings for 2013.

US: TreeHouse Foods reportedly eyeing Michael Foods

21 March 2014

US firm TreeHouse Foods is reportedly weighing a bid for Michael Foods.

US: Tyson Foods reverses plans to close Denison plant

17 March 2014

Tyson Foods will not close its Denison plant as previously planned in a decision that will save more than 380 jobs.

US: Tyson mum on "Michael Foods bid"

17 February 2014

Tyson Foods has remained silent on reports it has tabled a formal offer for US group Michael Foods.

Editor's viewpoint: US consumer chill lingers

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.

US: Tyson unveils breakfast line

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.

US: Tyson Foods posts Q1 earnings jump

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.

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

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.

US: Tyson Foods acquires frozen pizza firm Bosco's

21 January 2014

Tyson Foods has announced the acquisition of US pizza products company Bosco's Pizza Co.

US: Tyson "temporarily" cuts 60 jobs at Cherokee plant

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.

US: Tyson silent over Michael Foods acquisition talk

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.

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

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.

On the money: Tyson "doubling down" on prepared foods

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.

US: Tyson reports "record" year, upbeat on outlook

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.

US: Damage "limited" in Tyson poultry plant fire

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.

US: Tyson 9M sales, profits rise

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.

US: Tyson buys ethnic food firm Circle Foods

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.

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

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.

On the money: Tyson NPD to increase value-added sales

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.

US: Tyson Q2 profits slide on beef margins

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.

The week ahead - Sainsbury's FY results, Tyson H1, Mondelez Q1

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.

US: Smithfield Foods urged to split in three

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.

US: Tyson "optimistic" about fiscal 2013

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".

Editor's choice: the highlights on just-food last week

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.

US: Tyson acquires tortilla maker Don Julio

18 February 2013

US meat giant Tyson Foods has acquired local tortilla, salty snack and pretzel maker Don Julio Foods.

US: Tyson expands four meat plants

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.

US: Tyson Foods Q1 profits increase

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.







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