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Post Holdings 'close to acquiring Weetabix'

US breakfast cereal business Post Holdings is reportedly set to buy UK peer Weetabix, with a GBP1bn-plus (US$1.2bn) deal that could be annou...

Q1 sales, profits up but McCormick cuts EPS forecast

McCormick & Co. today (28 March) booked higher first-quarter sales and profits but cut its forecast for annual earnings per share, with the...

Bob Geldof fund buys stake in African fruit supplier Blue Skies

The UK-based, Africa-focused private-equity firm chaired by Sir Bob Geldof, 8 Miles, has taken a "significant minority stake" in Blue Skies,...

China eases ban on Brazil meat exports

China, one of the Brazilian meat industry major international customers, was among a number of countries to either fully or ease bans on the...

Recent news

Post Holdings 'close to acquiring Weetabix' 28 Mar 2017

John Shepherd

US breakfast cereal business Post Holdings is reportedly set to buy UK peer Weetabix, with a GBP1bn-plus (US$1.2bn) deal that could be announced this week.


Q1 sales, profits up but McCormick cuts EPS forecast 28 Mar 2017

John Shepherd

McCormick & Co. today (28 March) booked higher first-quarter sales and profits but cut its forecast for annual earnings per share, with the US spice and sauces maker increasing the level of "special charges" it expects to book this year.


Bob Geldof fund buys stake in African fruit supplier Blue Skies 28 Mar 2017

John Shepherd

The UK-based, Africa-focused private-equity firm chaired by Sir Bob Geldof, 8 Miles, has taken a "significant minority stake" in Blue Skies, a fresh-cut tropical fruit business with operations in several African countries.


WTO dismisses bulk of China complaints over EU poultry tariffs 28 Mar 2017

Keith Nuthall

The World Trade Organization has rejected most of China’s complaints against EU poultry tariff quotas - although Beijing could secure improved access in one area.


JBS silent on talk IPO could be suspended 28 Mar 2017

Dean Best

JBS, one of the Brazil-based meat processors at the centre of corruption allegations, has refused to be drawn on a report it is considering suspending the flotation of its overseas operations.


Annabel Karmel targets "huge potential" of exports 28 Mar 2017

Dean Best

Annabel Karmel, the UK-based baby and toddler food business, is looking to tap into the "huge potential" it sees for its products in export markets.


Lassonde sales grow, but brands weigh 28 Mar 2017

Katy Askew

Canadian food group Lassonde Industries booked higher sales in 2016 but conceded that sales of its branded items dropped during the period. 


Bahlsen offloads Austrian rusk brand Feldbacher Zwieback to local firm Brandt 28 Mar 2017

Dean Best

German snacks group Bahlsen has sold Austrian rusk brand Feldbacher Zwieback to local firm Brandt Zwieback-Schokoladen.


UK baker Rowe's acquired by investment firm Iberia Industry Capital 28 Mar 2017

John Shepherd

UK-based bakery firm W C Rowe has been acquired by investment firm Iberia Industry Capital for an undisclosed sum.


Strauss Group books 2016 sales, earnings growth 28 Mar 2017

Katy Askew

Israeli food-to-coffee manufacturer Strauss Group booked an increase in sales and earnings for 2016. 


COFCO Meat Holdings books jump in 2016 sales 28 Mar 2017

Dean Best

China-based pork processor COFCO Meat Holdings has posted a 31% rise in annual sales, benefiting from higher hog prices, as well as improved volumes of fresh pork and processed meat.


Indian snack maker DFM Foods invests in production 28 Mar 2017

Dean Best

DFM Foods, the India-based snack maker, has increased the production capacity of one of its two plants.


Bimbo US bread brand Entenmann's moves into chocolate 28 Mar 2017

John Shepherd

Mexican bakery giant Grupo Bimbo has taken Entenmann's, one of its US bread brands, into the country's chocolate sector.


Granarolo's international drive helps boost 2016 results 28 Mar 2017

John Shepherd

Granarolo saw sales and profits, with the Italy-based agri-food group pointing to its moves to become more international.


China eases ban on Brazil meat exports 27 Mar 2017

Dean Best

China, one of the Brazilian meat industry major international customers, was among a number of countries to either fully or ease bans on the country's imports that were introduced in the wake of the corruption allegations that have swirled around the sector.


UK food calls for EU free-trade deal post-Brexit 27 Mar 2017

John Shepherd

UK food industry organisations in the UK today (27 March) urged the Government to negotiate "a smooth and orderly Brexit", including "tariff-free trade" in the medium term.


Chinese food group Tingyi sees profits tumble 27 Mar 2017

John Shepherd

Tingyi Holding Corp., the Hong Kong-listed food and beverage group, today (27 March) booked a 31% slump in annual profits as a result of rising costs and a wider industry facing "the change in trends in domestic demand".


CapVest strikes deal to buy UK pork firm Karro Food Group 27 Mar 2017

Dean Best

UK-based buy-out house CapVest today (27 March) announced it is set to become the latest private-equity owner of local pork processor Karro Food Group.


Ajinomoto invests in Israel plant-based ingredient firm Hinoman 27 Mar 2017

John Shepherd

Japanese frozen food-to-seasonings giant Ajinomoto said it is to invest US$15m in Hinoman and take on the exclusive sales rights in Japan for the Israel plant-based food firm's Mankai ingredient.


Granarolo acquires stake in Brazil's Allfood  27 Mar 2017

Katy Askew

Italian agro-food group Granarolo has acquired a 60% stake in Brazilian food processor and distributor Allfood. 


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