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Danone to take 25% stake in Mengniu's Yashili

Danone is taking a 25% stake in Yashili International Holdings, the infant formula business majority owned by Chinese dairy giant Mengniu, i...

Nestle hit with US watchdog ad charge

The US Federal Trade Commission has claimed Nestle has made false claims in its advertising for Good Start Gentle infant formula....

BRF profits rise on margin, sales growth

BRF has booked higher nine-month profits on the back of improved margins and higher sales....

Nestle Venezuela plant strike ends, salary talks restart

A Nestle cereals and cooking ingredients plant in Venezuela has started operations again after a strike stopped production for two days, wit...

Recent news

Danone to take 25% stake in Mengniu's Yashili 31 Oct 2014

Katy Askew

Danone is taking a 25% stake in Yashili International Holdings, the infant formula business majority owned by Chinese dairy giant Mengniu, in a deal worth almost HK$4.4bn (US$567.4m).


Nestle hit with US watchdog ad charge 31 Oct 2014

Dean Best

The US Federal Trade Commission has claimed Nestle has made false claims in its advertising for Good Start Gentle infant formula.


BRF profits rise on margin, sales growth 31 Oct 2014

Katy Askew

BRF has booked higher nine-month profits on the back of improved margins and higher sales.


Nestle Venezuela plant strike ends, salary talks restart 31 Oct 2014

Paula Krizanovic

A Nestle cereals and cooking ingredients plant in Venezuela has started operations again after a strike stopped production for two days, with workers resuming talks on pay.


Snow Phipps Group new PE owner for Teasdale Foods 31 Oct 2014

Katy Askew

Snow Phipps Group, a New York-based private equity firm, has acquired Hispanic foods firm Teasdale Foods from Palladium Equity Partners.


Ebro Foods forecasts higher 2014 profits 31 Oct 2014

Dean Best

Spanish food group Ebro Foods has forecast a 12% rise in earnings in 2014.


Croatia's Atlantic Grupa cuts 2014 sales forecast 31 Oct 2014

Dean Best

Croatia-based food company Atlantic Grupa has cut its sales forecast for 2014 as it battles a "challenging business environment".


Calbee earnings up over 20% in H1 31 Oct 2014

Dean Best

Japan-based snacks group Calbee saw profits increase by more than a fifth in the first half of its financial year with sales growth at home and abroad.


Inventure Foods shares sag after Q3 miss 31 Oct 2014

Dean Best

Inventure Foods saw sales and profits climb in the first nine months of 2014 - but shares in the US food group fell yesterday (30 October) after third-quarter results missed analyst expectations.


Food industry quotes of the week: Danone, Chiquita, Kellogg 31 Oct 2014

Katy Askew

A busy week for third quarter results, with several packaged food giants reporting profit pressure. Danone extended its tie-up with Mengniu in China and Premier Foods discussed international growth. Here is just-food's week in words.


Food industry news of the week: Chiquita, Yashili, Q3 results 31 Oct 2014

Dean Best

After seven months, this week saw the uncertainty over Chiquita Brands International's future all but end with the US produce giant agreeing to a US$681m takeover bid from Brazil's Cutrale Group and Safra Group. Elsewhere, Danone announced moves to enter mass-market infant formula in China with an investment in local player Yashili International Holdings.


Deoleo expects sales to slide in 2014 31 Oct 2014

Dean Best

Olive oil maker Deoleo has forecast its annual sales will drop by over 7% in 2014.


Ezaki Glico reports mixed H1 results 31 Oct 2014

Dean Best

Japanese food group Ezaki Glico has booked an increase in half-year net profit but saw operating profit and net sales fall.


International focus aids Podravka profits 31 Oct 2014

Katy Askew

Podravka Group, the Croatian food-to-pharma company, is increasing its focus on international expansion to offset soft consumption at home.


Sauce firm Alimentos Kamuk to build facility 31 Oct 2014

Dean Best

Alimentos Kamuk, the Costa Rica-based sauce maker, is to build a production plant as it seeks to expand its product range.


Kellogg earnings beat forecast but sales pressured 30 Oct 2014

Dean Best

Shares in Kellogg climbed today (30 October) after it booked third-quarter earnings that beat Wall Street and company forecasts - but the US group continued to see domestic cereal sales come under pressure.


Kraft earnings slide as sales volumes pressured 30 Oct 2014

Katy Askew

Kraft Foods Group has booked lower earnings in the first nine months of the year as one-off expenses, input costs and lower sales volumes weighed on profits.


Maple Leaf earnings miss on transition issues 30 Oct 2014

Katy Askew

Maple Leaf Foods' third-quarter earnings came in below analyst expectations today (30 October) as the Canadian group registered greater-than-expected charges related to a scheme to modernise some of its meat plants.


Nissin income falls despite sales growth 30 Oct 2014

Katy Askew

Nissin Food Holdings, the Japanese noodle giant, reported a fall in nine-month earnings today (30 October) as higher costs offset sales growth.


Bright Dairy earnings rise on sales gain 30 Oct 2014

Katy Askew

Bright Dairy & Food Co., a listed subsidiary of Chinese food group Bright Food Co., reported higher sales and earnings for the first nine months of the year.


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