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Campbell improves earnings outlook despite Q3 slide

Campbell Soup Co. said it expects full-year earnings to fall in the upper end of its guidance range despite a slump in third-quarter sales a...

Cadbury to cut Australian jobs

Mondelez International chocolate unit Cadbury has cut 80 manufacturing jobs in Australia, according to union sources....

Japan files WTO complaint over South Korea import ban

Japan has filed a complaint with the World Trade Organisation to challenge South Korea over its import bans and demands for additional testi...

DMK to shut two ice cream plants

DMK plans to close its “outdated” ice cream production plants in Recke and Nuremberg in order to reduce production costs....

Recent news

Campbell improves earnings outlook despite Q3 slide 22 May 2015

Katy Askew

Campbell Soup Co. said it expects full-year earnings to fall in the upper end of its guidance range despite a slump in third-quarter sales and EBIT.


Cadbury to cut Australian jobs 22 May 2015

Katy Askew

Mondelez International chocolate unit Cadbury has cut 80 manufacturing jobs in Australia, according to union sources.


Japan files WTO complaint over South Korea import ban 22 May 2015

Hannah Abdulla

Japan has filed a complaint with the World Trade Organisation to challenge South Korea over its import bans and demands for additional testing on Japanese food following the 2011 Fukushima disaster.


DMK to shut two ice cream plants 22 May 2015

Katy Askew

DMK plans to close its “outdated” ice cream production plants in Recke and Nuremberg in order to reduce production costs.


Hormel to close CytoSport plant in US 22 May 2015

Hannah Abdulla

Hormel Foods has announced it is to close a CytoSport manufacturing facility in Benicia, California.


Cerealia owner set for sale talks 22 May 2015

Stuart Todd

Alphabeta 4, a company indirectly controlled by Norway-based private-equity firm IK Investment Partners, is poised to start talks with Sagard Private Equity Partners to buy French chilled dough business Cérélia.


Cooperl to sell Broceliande ham in China 22 May 2015

Stuart Todd

French pork processor Cooperl is poised to launch its Brocéliande brand cooked ham on the Chinese market.


Muller launches branded butter in UK 22 May 2015

Dean Best

German dairy giant Muller has launched a branded range of butter in the UK, targeting the country's convenience retail and foodservice sectors.


Ireland outlines stricter rules on food marketing terms 22 May 2015

Hannah Abdulla

The Food Safety Authority of Ireland has published new guidance to ensure consumers are not "misled" by the use of some marketing terms on foods.


Weetabix gets new private-equity investor 22 May 2015

Dean Best

Baring Private Equity Asia has struck a deal to buy 40% of UK-based cereal group Weetabix.


DOC Kaas backs DMK merger 22 May 2015

Katy Askew

The members of Dutch dairy cooperative DOC Kaas have backed a proposal to merge their operations with those of German cooperative DMK.


Food industry results in brief - Tiger Brands, Total Produce, Cranswick 22 May 2015

Dean Best

South Africa's Tiger Brands grabbed the headlines this week with news of the over-stating of sales at its Kenyan arm inflating local profits last year. Elsewhere, Ireland's Total Produce lifted its earnings forecast and said it was on the look-out for more M&A. UK meat group Cranswick reported mixed annual results.


Food industry news of the week - GMOs, Arla, Mondelez 22 May 2015

Dean Best

The US Department of Agriculture's development of GMO certification scheme emerged this week, adding to the debate over the labelling of foods containing genetically modified ingredients. Elsewhere in the US, Mondelez International revealed jobs will go at a biscuit plant in Chicago. Meanwhile, dairy giant Arla Foods announced a deal in Egypt with local processor Juhayna Food Industries.


Food industry quotes of the week - Arla, Premier, Thorntons 22 May 2015

Hannah Abdulla

This week, Arla Foods struck a notable deal in Egypt, with plans for a local venture with Juhayna Food Industries. Elsewhere, Unilever announced CFO Jean-Marc Huet would step down from his post and Thorntons said CEO Jonathan Hart had decided to leave the business. Premier Foods announced its annual results and CEO GavinDarby said the UK group would continue to focus on revamping its range.


Marine Harvest cuts stake in Havfisk 22 May 2015

Katy Askew

Marine Harvest has sold its 11.92% stake in Norwegian seafood group Havfisk.


ConAgra pumps US$50m in Waterloo plant 21 May 2015

Hannah Abdulla

ConAgra Foods has announced a US$50m expansion at its Waterloo plant in Iowa.


Brussels rejects mandatory origin labels for dairy 21 May 2015

Katy Askew

The European Commission has rejected mandatory country-of-origin labels for dairy products in recommendations that will be passed to the European Council and Parliament.


Nestle: Maggi noodles "safe" despite India recall 21 May 2015

Katy Askew

Nestle has insisted its Maggi noodles on sale in India are "safe" after local reports suggested food safety authorities in Uttar Pradesh have detected monosodium glutamate and lead in product tests.


Tiger Brands Kenya profits "manipulated" 21 May 2015

Dean Best

South Africa-based FMCG group Tiger Brands has revealed its business in Kenya saw "manipulation" of its profits in its last financial year.


Arla expands in Egypt with Juhayna JV 21 May 2015

Katy Askew

Arla Foods has inked a joint venture agreement with Egyptian dairy Juhanya Food Industries that will see the European co-operative's products fed into the firm's distribution network in the country.


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