Wessanen - food industry company news 
NETHERLANDS: Wessanen upbeat despite fall in profits
27 April 2012
Dutch food group Wessanen has insisted it is becoming a "stronger" company after reporting lower first-quarter profits amid higher IT and marketing costs.
NETHERLANDS: Wessanen shares drop on higher FY loss
23 February 2012
Shares in Dutch food group Wessanen fell 7.59% today (23 February) after the group booked a widening net loss for 2011.
The just-food interview - Patrick Cairns, Kallo Foods
19 December 2011
The UK organic sector may be in the doldrums but Patrick Cairns, the chief executive of UK natural and organic food maker Kallo Foods, believes organic has its place and that the underlying demand for healthier, natural food will stand the company in good stead. In this month's just-food interview, he talked to Dean Best about his moves to refocus Kallo and his strategy to grow the business.
NETHERLANDS: Wessanen CEO Merckens upbeat after Q3 profit jump
27 October 2011
The chief executive of Dutch food group Wessanen said his confidence in the company was growing after it reported a jump in third-quarter profits.
NETHERLANDS: Wessanen shares rise despite profit fall
27 July 2011
Shares in Netherlands-based food group Wessanen rose today (27 July) despite the company's profits falling in the second quarter of 2011.
NETHERLANDS/UK: Wessanen sells Tree of Life UK to Petty Wood & Co.
19 July 2011
Wessanen has sold its distribution business Tree of Life UK to local firm Petty Wood & Co.
NETHERLANDS: "More focused" Wessanen posts Q1 profit
28 April 2011
Dutch food group Wessanen today (28 April) posted a first-quarter profit - against a loss over the first three months of 2010 - on the back of higher margins and increased sales.
NETHERLANDS: Wessanen looks to appoint Mercx as CFO
3 March 2011
Dutch food maker Wessanen has lined up childcare executive Ronald Mercx as its CFO.
NETHERLANDS: Wessanen shares fall despite losses narrowing
24 February 2011
Dutch food group Wessanen saw its shares fall this morning (24 February) despite the company's losses narrowing in the fourth quarter of 2010 and over the year as a whole.
FRANCE: Organic firm Lea Nature buys stake in Ekibio
4 January 2011
The holding company controlling French organic products maker Léa Nature has bought a 33% stake in rival Ekibio.
NETHERLANDS: Wessanen sells US unit Panos
20 December 2010
Dutch food group Wessanen has sold its US subsidiary Panos to private-equity firm High Road Capital Partners Fund.
NETHERLANDS: Wessanen CFO to step down next year
3 December 2010
Dutch food group Wessanen said today (3 December) that CFO Frans Eelkman Rooda will step down from his role next year.
NETHERLANDS: Wessanen to repay Kehe part of Tree of Life proceeds
1 December 2010
Dutch food group Wessanen has been ordered to repay Kehe part of the price the US firm paid for US organic food business Tree of Life.
NETHERLANDS: Wessanen shares slide after Q3 numbers
28 October 2010
Dutch food group Wessanen today (28 October) insisted its third-quarter numbers had met expectations despite a drop in operating profit - although its shares fell on the news.
UK: Plum Baby boss joins Wessanen arm Kallo Foods
10 September 2010
Kallo Foods, the UK organic and wholefoods arm of Dutch food group Wessanen, has appointed former Plum Baby boss Patrick Cairns as CEO.
NETHERLANDS: Wessanen posts gloomy outlook for H2 2010
29 July 2010
Shares in Dutch organic food specialist Wessanen were down over 4% this afternoon (29 July) following its negative outlook for the second half of 2010.
FRANCE: Wessanen extends Bjorg baby-food range
14 June 2010
Dutch food group Wessanen has expanded its range of baby-food products on sale in France under the Bjorg brand.
just the facts – private-equity M&A in food
6 May 2010
Earlier this week, US private-equity firm Warburg Pincus agreed to acquire UK discount retailer Poundland, while UK peer Langholm Capital backed a management buy-out of UK herbs business Barts Spices. Here we take a look at other recent private-equity acquisitions in the food industry.
Quote, unquote: just-food's week in words
30 April 2010
The industry saw a raft of quarterly results this week from Unilever, Safeway Inc, Kellogg, Chiquita and Premier Foods plc, among others. Unilever CEO Paul Polman adopted a typically cautious tone, despite an acceleration in sales and volumes, while Safeway CEO Steve Burd remained more upbeat on profits despite a tumble. Sodium reduction once again appeared on the menu as the CSPI hit out at US companies that have not yet joined the New York initiative to cut salt, while Kraft and Heinz both pledged targets for mayor Michael Bloomberg’s programme. Here is a selection of who said what about the top stories in the food sector this week.
On the money: Wessanen buys Dutch organic firm Kroon
29 April 2010
Dutch food group Wessanen has bought local organic business Kroon as it begins a strategic push into the sector at home and in European markets.
NETHERLANDS: Wessanen Q1 losses widen
29 April 2010
Dutch food group Wessanen today (29 April) reported widening first-quarter losses despite improved sales as finance costs hit the bottom line.
What will the recovery mean for organic in the UK?
12 April 2010
As the UK economy recovers, albeit slowly, there are signs that consumer behaviour is returning to "normal". There are questions, however, over how the organic food sector will arrest a slump in sales.
NETHERLANDS: Wessanen completes equity offer
9 March 2010
Dutch food group Wessanen has raised EUR18.4m (US$25m) through an equity offering.
Quote, unquote: just-food's week in words
26 February 2010
The news today (26 February) that Diamond Foods is to buy crisp maker Kettle Foods garnered some positive reactions from the analyst community.
On the money: Wessanen talks up potential of organic food
25 February 2010
Wessanen CEO Frans Koffrie today (25 February) insisted organic food has long-term potential in Europe as the Dutch food group looks to rebuild after a tumultuous 2009.
NETHERLANDS: Wessanen posts 2009 losses
25 February 2010
Dutch food group Wessanen this morning (25 February) reported a loss of EUR219.7m (US$296.1m) for 2009, a turbulent year for the Kallo rice cakes and Whole Earth organic food maker.
Quote, unquote: just-food's week in words
15 January 2010
As the clock ticks down in the pursuit of Cadbury, the UK group sent a messge to would-be bidder Hershey that the business deserves a "great price". Kraft Foods, meanwhile, facing an investment community that believes it needs to up its offer, said it can grow without Cadbury. In the retail sector, UK stakeholders argued over the prospect of a supermarket ombudsman, while the bosses of Carrefour and Delhaize were keen to explain why their restructuring programmes would pay off. Here is a list of who said what this week.
COMMENT: Dutch courage needed at wobbly Wessanen
15 January 2010
Dutch food maker Wessanen this week looked to kick off 2010 with confidence and announced it had found a permanent CEO, as well as outlining its plans to build in Europe. The markets, however, were unconvinced and the company's shares slid in consecutive days. Dean Best reports.
NETHERLANDS: Wessanen aims to be "organic champion"
13 January 2010
Dutch food group Wessanen today (13 January) set a target of being the "organic food champion" in its European markets as the business continues to offload its operations in the US.
NETHERLANDS: Sara Lee exec named Wessanen CEO
13 January 2010
Dutch food group Wessanen, which is busy exiting the US to focus on the European market, has named Sara Lee executive Piet Hein Merckens as chairman and CEO.
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Datamonitor's Royal Wessanen NV - SWOT Analysis company profile is the essential source for top-level company data and information. Royal Wessanen NV - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Royal Wessanen (Wessanen or “the company”) is engaged in the manufacture and distribution of organic and specialty food products. The company primarily operates in Europe. It is headquartered in Amsterdam, the Netherlands and employs about 2,261 people. The company’s revenues from continuing operations were E702.5 million* ($979.7 million) during the financial year ended December 2009 (FY2009), a decrease of 3.2% compared with 2008. The operating loss of the company was E44.4 million ($61.9 million) in FY2009, as compared with operating profit of E37.1 million ($51.7 million) in 2008. The net loss was E219.7 million ($306.4 million) in FY2009, as compared with net profit of E29.4 million ($41 million) in 2008. * Revenues from continuing and discontinued operations amounted to E1,585.4 million ($2,211 million) in FY2009.
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