30 January 2014
Last year surprised commentators with the relatively subdued levels of M&A in the food sector. While 2013 did include the largest ever food industry deal by value - the move to take Heinz private - the number of transactions completed came in somewhat below the expectations of M&A advisers. 2014, we are told, is likely to be a different story as deals work their way through the sector's pipelines and valuations continue their upward march. Katy Askew reports.
8 January 2014
Major cereal manufacturers are reporting disappointing sales and there has been a decline in volume sales over the last few years. It would be easy to think that this GBP1.3bn market (in the UK alone) had gone stale, but with pockets of growth and lots of innovation, this is one category that is certainly hotting up.
6 January 2014
UK-based cereal group Weetabix has become the latest business to launch a breakfast drink in a bid to offer more convenient products to consumers.
29 November 2013
With an increasingly affluent population of more than 1.36bn mouths to feed the potential offered by China's food sector is immense. But the size of the opportunity does not, in itself, guarantee success. Competition is fierce as multinational food groups and local players alike look to grow their share of this vast pie. Katy Askew examines the competitive dynamics of the Chinese food sector.
21 November 2013
Bright Food, the Chinese food group that owns a controlling stake in UK cereal maker Weetabix, is understood to have confirmed its interest in listing the business.
3 September 2013
China's Bright Food is understood to be holding talks with Israel's largest food manufacturer and distributor Tnuva about a potential acquisition.
4 June 2013
Cereal manufacturers in the UK are facing a competitive market and flat sales volumes. While overall conditions have been somewhat sluggish, the breakfast category when taken as a whole has seen some pockets of excitement. Manufacturers have looked to capitalise on these and the industry's response has been a sharp focus on product development, promotional activity and marketing. But, Katy Askew asks, is this enough to breath fresh life into the boxed cereal category?
3 June 2013
Investment is flowing into and from the world's emerging markets, as two transactions involving US firms Smithfield Foods and McCormick & Co. highlighted last week.
23 April 2013
Weetabix has been forced to cut production of its Weetabix Minis and Oatibix bitesize ranges, a spokesperson for the group confirmed.
19 April 2013
Could sovereign wealth funds and pension funds become more active participants in deal-making in the FMCG industry? Perhaps so, writes Dean Best.
8 April 2013
The private-equity owners of Burton's Biscuit Co. are "considering options" for the UK's second-largest biscuit maker, a process that could lead to an eventual sale. Katy Askew takes a look at the players for whom an acquisition of Burton's could hit the sweet spot.
2 April 2013
just-food's Confidence Survey asked for your views on the emerging markets and, in particular, which of the BRIC economies you expected to offer the greatest opportunity in 2013. While the BRICs continued to offer opportunity for most multi-nationals, other markets such as Indonesia and Vietnam are emerging as focus markets for the future.
13 February 2013
UK cereal maker Weetabix has had its WeetaKid mobile app banned for making children feel "inferior" if they did not eat the company's products.
31 January 2013
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.
14 January 2013
UK cereal manufacturer Weetabix has entered the breakfast biscuit category with the launch of an On The Go range.
8 January 2013
Analysts at Experian believe that overseas investment will maintain the momentum of mergers and acquisitions in the UK food sector.
7 January 2013
Food and drink deals, particularly the acquisition of Weetabix by China's Bright Food Group, dominated large-scale merger and acquisition activity in the UK in 2012, a new report by Experian shows.
19 December 2012
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. However, a look at just-food's M&A coverage this year shows there have been few big-ticket, transformational deals.
18 December 2012
Looking behind the headlines is just-food's signature dish and this year we looked at the major stories in-depth, including the possible suitors for United Biscuits' salty snacks business; the work ahead for China's Bright Food after it bought Weetabix and the prospects for the two companies created by Kraft Foods' split in two.
4 December 2012
Private-equity firm Clayton, Dubilier & Rice's acquisition of a majority stake in UK cut-price retailer B&M Retail may see competition heat up further in the country's fast-growing discount channel.
6 November 2012
Bright Food, the Chinese food group that owns a controlling stake in UK cereal maker Weetabix, has insisted its primary focus is on expanding the brand in the country amid reports it could list the business.
1 October 2012
The downturn has made markets like the UK even tougher places to do business. Retailers are watching costs like a hawk while at the same time using promotions like never before. The first part of just-food's latest briefing on logistics features an interview with Dan Myers, head of the food unit at logistics giant Norbert Dentressangle, who outlines the pressures affecting his business.
30 August 2012
UK cereal maker Weetabix has said it is "reviewing" a court decision that saw it lose a battle to halt the launch of a new brand of porridge.
1 August 2012
Weetabix has said it is "disappointed" with a decision by the UK's advertising watchdog to ban one of its television advertisements.
1 August 2012
Weetabix has had its second UK television advert banned in the last month by the country's advertising watchdog.
8 May 2012
Bright Food, the Chinese food group, this week at last planted its first flag in Europe with an investment in UK cereal firm Weetabix. Elsewhere in Europe, the CEO of Norway-based consumer goods company Orkla quit amid a disagreement with the company's board and German retailer Metro Group reported a quarterly loss. We also published our latest Sustainability Watch interview, which focused on US food giant General Mills. Click on the headlines for more.
8 May 2012
Bright Food, the Chinese food group, was full of confidence this week about the prospects for UK cereal firm Weetabix, its first investment in Europe after missing out on companies including United Biscuits and Yoplait. Elsewhere, Orkla explained why its CEO had resigned from the Norwegian consumer goods group, German retailer Metro Group insisted its sales were improving after it reported a quarterly loss and UK peer Morrisons said it would not chase unprofitable volumes despite a fall in like-for-like sales.
3 May 2012
Ambitious Bright Food, the Chinese state-backed food group, missed out on previous Western targets like United Biscuits and Yoplait but it has planted a flag in Europe with the acquisition of a majority stake in UK cereal manufacturer Weetabix. The deal could give Bright Food some Western expertise to apply to its domestic business but, as Dean Best reports, its faces a challenge in building the brand in China, where it remains early days for breakfast cereal.
3 May 2012
China's Bright Food has acquired a majority stake in UK cereal maker Weetabix.
23 April 2012
Private-equity firm Lion Capital has declined to comment on reports it is in talks to sell UK cereal manufacturer Weetabix to China's Bright Food.