Latest food industry news & insights
Comprehensive coverage of the food industry's latest, breaking news brought to you by just-food's leading network of international journalists.
Mondelez International has confirmed it plans to close one production plant in Ireland and downsize a further two sites....
M&A remains part of Fyffes' plans for growth, the fresh produce group said today (27 February) as it announced a jump in annual profits....
The number of chickens being sold in UK supermarkets that are contaminated with campylobacter has risen since November, the Food Standards A...
BRF, the Brazilian meat giant, booked a 56.4% jump in 2014 operating earnings thanks to improved efficiency....
Mondelez International has confirmed it plans to close one production plant in Ireland and downsize a further two sites.
M&A remains part of Fyffes' plans for growth, the fresh produce group said today (27 February) as it announced a jump in annual profits.
The number of chickens being sold in UK supermarkets that are contaminated with campylobacter has risen since November, the Food Standards Agency confirmed after its latest survey.
BRF, the Brazilian meat giant, booked a 56.4% jump in 2014 operating earnings thanks to improved efficiency.
Mexican bakery giant Grupo Bimbo today (27 February) reported a fourth-quarter loss on the back of pension charges and restructuring costs in the US - although sales grew in the last three months of the year.
WhiteWave Foods has launched Yulu, an "Australian-style" yoghurt, in the US.
The board of Thai food giant Charoen Pokphand Foods has approved plans to buy full control of poultry business C.P. Cambodia Company.
Ferrero and Spain-based olive oil group Deoleo have seen products delisted by Dutch retailer Jumbo Supermarkten following a dispute over price.
Thai Union Frozen Products revealed a jump in full-year earnings today (27 February) lifted by improved margins and higher sales.
China's Bright Food Group has reportedly upped the stake it plans to buy in Israeli grocer Tnuva to 70%.
Mondelez International is reportedly planning to slash 160 jobs in Ireland.
Global asset manager The Carlyle Group has acquired a stake in Spanish food manufacturer Palacios Alimentacion from ProA Capital Partners Group and Talde.
A focus on costs and profitable products enabled ready meals-to-meat group Ter Beke to grow earnings in 2014 despite a drop in sales during the year.
US chocolate group Hershey has appointed recruitment firm Kelly Services' finance chief Patricia Little to the post of CFO, effective 16 March.
Shares in Boulder Brands tumbled yesterday (26 February) after the US food group cut its forecast for 2015 sales, pointing to expected lower growth from its gluten-free brands.
Sweden-based confectioner Candyking has said it will work on improving the profitability of its domestic business after a a year in which sales tumbled, hitting group turnover and underlying profits.
Mars Inc is launching a new line of Dove chocolates - Dove Fruit - which combines real fruit and dark chocolate.
Grupo Lala, the Mexican dairy firm, said new products, a higher proportion of value-added sales and pricing helped lift both sales and earnings in 2014.
France's competition watchdog this week confirmed an announcement on its three-year long probe into allegations of a price fixing in the country's yoghurt sector is imminent. Elsewhere, US companies affected by the dispute on West Coast ports said the backlog would take weeks to clear.
This week, Kerry Group CEO Stan McCarthy advised the market to expect a number of M&A deals from the Irish group in 2015. We caught up with the CEO of Australian dairy Bega Cheese, who talked about last year's much talked about takeover battle for Warrnambool Cheese and Butter Factory. Elsewhere, Podravka and Billy Sims China-Food Group advised of developments in China, and Mondelez International announced the closure of a plant in Ireland.
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- Why US Dietary Guidelines report deserves praise
- Maspex: M&A opportunities in eastern Europe
- Kerry Group CEO expects more M&A in 2015
- Gruma FY earnings surge as margins improve
- Kerry sales, earnings rise but food weighs
- ABF continues to expect profit drop
- Irish Dairy Board to change name to Ornua