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.
Investors in Chiquita Brands International today (24 October) voted against the US produce giant's plan to merge with Ireland-based peer Fyf...
Mexico-based baker Grupo Bimbo has posted a 31% rise in nine-month earnings as sales were boosted by recently-acquired Canada Bread and as r...
Dutch food group Wessanen booked higher sales and earnings for the first nine months of the year this morning (24 October)....
Premier Foods plc today (23 October) warned its annual trading profits would be "towards the lower end of market expectations" after a chall...
Canada-based agri-food group AGT Food & Ingredients is to raise C$80m through a share issue to fund expansion in packaged food.
The most eye-catching story came on Friday with the surprise news Chiquita Brands International shareholders had voted against the US produce group's plan to merge with Fyffes.
Investors in Chiquita Brands International today (24 October) voted against the US produce giant's plan to merge with Ireland-based peer Fyffes.
The UK's Food Standards Agency is to investigate claims from consumer group Which? that goat cheese in UK supermarkets has been fraudulently labelled.
Del Monte Pacific plans to issue 36m preferred shares at US$10 per share as part of efforts to raise funds in order to refinance debt.
Hanoimilk, the Vietnamese dairy group, continued to witness declining revenues in the third quarter of the year but lower costs saw profits strengthen.
Dutch food group Wessanen booked higher sales and earnings for the first nine months of the year this morning (24 October).
Mexico-based baker Grupo Bimbo has posted a 31% rise in nine-month earnings as sales were boosted by recently-acquired Canada Bread and as raw material costs fell in the third quarter.
US nut and dried fruit supplier John B. Sanfilippo & Son saw better volumes contribute to improved first-quarter sales - but admitted the higher shipments weighed on its profitability.
Mead Johnson, the US-based infant nutrition group, has booked an increase in third quarter sales and earnings but a narrow miss of consensus expectations caused shares to slide in New York today (23 October).
Mexican poultry processor, Industrias Bachoco, has posted a 21.4% increase in net profits for the first nine months of the year.
Cutrale Group and Safra Group have returned to the bargaining table with an increased offer of US$14.50 per share for Chiquita Brands International.
Singapore-based food group Yong Wen Foods hopes to grow the overseas presence of its own brands, with a particular focus on Europe and select markets in the Middle East.
Mexican tortilla maker Gruma posted a jump in nine-month profits as a drop in costs boosted earnings.
Premier Foods plc today (23 October) warned its annual trading profits would be "towards the lower end of market expectations" after a challenging third quarter when the UK group's branded sales fell by over 4%.
UK pork processor Cranswick has expanded its presence in the UK poultry category through the acquisition of premium cooked poultry firm Benson Park.
Fonterra is planning to expand a milk processing site in New Zealand, its home market.
A poor summer and continued weakness in the spreads category have contributed to a decline in turnover for Unilever during the first nine months of the year.
Shares in Boulder Brands slumped today (22 October) after the US spreads and gluten-free business said impairment charges on its Smart Balance business would lead it to report a third-quarter loss.
French dairy group Bongrain has reported a 13% rise in nine-month sales on the back of recent acquisitions and growth from its underlying operations.
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