Food Industry News, Analysis and Insights
Comprehensive coverage of the food industry's latest, breaking news and insights brought to you by just-food's leading network of international journalists.
In a story that grabbed the headlines worldwide, 21 companies and 33 individuals in Germany have been hit with fines totalling EUR338m for allegedly fixing the price of one of the country's staples - sausages. Companies including Nestle, Bell Group and Zur Muhlen Gruppe, Germany's largest sausage maker, were handed fines. Some will appeal, including Bell Group, the Switzerland-based meat products group. Bell CFO Martin Gysin told Dean Best why the company believes it should not be penalised.>
Tesco CEO Philip Clarke is to step down from the UK retailer, with the announcement made this morning (21 July) alongside another profit warning. Clarke will be replaced by Unilever executive Dave Lewis in October. While investors have responded positively to the news, manufacturers doing business in the UK may be waiting with baited breath to see if Lewis will respond to Tesco's strategic problems by extending its price focus. Katy Askew reports.>
As the dust settles after Cloetta's merger with Leaf, the company does face a battle eking out growth in its key markets. However, it has set its sights on small, bolt-on deals in niche categories, rather than pushing the boat out and setting sail for growth in emerging markets.>
European frozen food maker Iglo Group, the owner of brands like Birds Eye, is working to change the way people think about frozen food in a bid to double its size by 2020. The strategy, which was announced last year, puts innovation and a "new approach" to marketing front and centre. Katy Askew spoke to Birds Eye UK marketing director Margaret Jobling to find out more.>
Lindt & Sprungli's acquisition of US confectioner Russell Stover Candies has come as a surprise to analysts. It is the Swiss group's first purchase for 16 years and one in a developed, rather than emerging, market. However, Lindt believes it would be have been foolish to pass on the opportunity and expansion in developing markets is still on the cards. Hannah Abdulla finds out what prompted Lindt to dust off its chequebook.>
ConAgra Foods believes its latest acquisition - Chinese potato group TaiMei - will help further unlock the growth potential in its Lamb Weston unit. However, the move fails to address the issues dogging ConAgra's private-label and branded businesses and will do little to boost results in the near-term, Katy Askew suggests.>
Current hot issue
The upmarket Swiss chocolate group makes its first acquisition since 1998, with a deal that gives it the number three spot in the US market.
Nelson Peltz is not letting go. The US billionaire investor is continuing in his quest to get PepsiCo to split in two - and has reportedly suggested a proxy battle with the company could be on the horizon.
Industry analysts IRI discuss the trends focusing the minds of manufacturers and retailers.
In a regular column, just-food contributing editor Ben Cooper chews over how the industry is tackling issues from obesity to labelling and from child labour to its environmental impact.
The verdict from global analysts on major company news
Exclusive data highlighting the price of brands and own-label products in key categories across Europe and the US. Compiled in association with industry analysts IRI.
We look at the potential suitors when food manufacturers or retailers are up for sale - or put forward as possible takeover targets.
just-food examines executives on the move
Coverage and analysis of the world's fastest-growing emerging markets
We put the latest CSR moves under the microscope.
The just-food team check out the latest goings-on among food retailers.
Dean Best's views on the industry's hot issues.
Which manufacturers, retailers or issues are grabbing the headlines?
Food companies discuss and dissect their latest results.
- UK: Premier sales slide but trading profit improves
- BRAZIL: BRF alleged to have broken Perdigao merger deal
- US: V8 "protein platform", organic soups in Campbell NPD push
- NEW ZEALAND: Sealord coy on CEO appointment
- INDIA: Amira secures listings in Ratnadeep supermarkets
- just-food research round-up: China's dairy market; confectionery in Italy
- PHILIPPINES/NZ: Universal Robina Corp. to buy biscuit firm Griffin's
- US: Campbell issues warning on 2014/15 fiscal year
- FRANCE: Genius secures listings in four supermarkets
- SWITZERLAND: New standards for lead in infant formula, arsenic in rice
- CANADA: Bonduelle fire causes "considerable" damage
- UK: Premier launches Oxo pots range
- US: Kehe Distributors buys peer Nature's Best
- Editor's choice: the highlights on just-food last week
- Quote, unquote: just-food's week in words
- On the move: What's in store from Tesco's new CEO?
- Focus: Lindt plays safe with Russell Stover buy
- just the answer: Birds Eye UK Margaret Jobling
- On the money: Steady as she goes at Cloetta
- Comment: ConAgra failing to address core issues
- Ferrero seals deal for hazelnut firm Oltan
- Campbell issues warning on 2014/15 fiscal year
- Premier launches Oxo pots range in UK
- Universal Robina to buy biscuit firm Griffin's
- Genius secures listings in French supermarkets