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.
US group B&G Foods is reportedly in advanced talks to buy General Mills' Green Giant frozen and canned vegetable business....
FrieslandCampina, the Dutch dairy giant, today (27 August) booked a jump in half-year earnings despite flat sales, helped by lower raw milk...
Mengniu Dairy, the Chinese dairy group, has reported an increase in half-year profits despite lower sales amid efforts to reduce costs....
French food co-op Terrena and local agribusiness Sofiprotéol should seal their deal to acquire a majority stake in poultry processor Groupe...
US group B&G Foods is reportedly in advanced talks to buy General Mills' Green Giant frozen and canned vegetable business.
Dole Food Co. CEO David Murdock and Michael Carter, the company's former president, have been ordered to pay over US$148m to investors over the sale of the US group in 2013.
Three more lawsuits have been filed alleging price-fixing among major US canned tuna companies.
Thailand's Charoen Pokphand Foods has reportedly halved its target for annual sales growth on the back of the country's slowing economy.
Cricketer Farm, the UK cheese maker, has set out plans to stop making and packing cheese early next year after a period of "significant financial losses".
Savencia Fromage & Dairy, the French dairy group formerly known as Bongrain, has reported lower half-year sales but an increase in profits.
Nordic poultry group Scandi Standard has reported higher underlying profits for the second quarter of 2015, although the result was not enough to prevent lower half-year earnings.
Avangardco, the Ukraine egg processor, posted a loss of over US$152m for the first half of the year amid an inventory writedown and a 54% drop in revenue.
MHP, the Ukraine poultry processor, pointed to an improvement in its EBITDA margin in the first half of the year as evidence of "stable financial results" during the period, which included lower sales.
Candyking, the Sweden-based confectioner, has posted another half-year loss after the loss of contracts at home and in Finland hit sales.
Dairy Crest, the UK dairy group, has removed artificial ingredients from its Clover dairy spread in a bid to meet growing demand for "more natural, unprocessed foods".
US egg-free spread Just Mayo hit the headlines this week after the country's food watchdog said it had broken labelling rules. Among a number of M&A deals, European nutrition bar maker VSI was sold to US group Hearthside Food Solutions and Mengniu Dairy, one of China's largest dairy processors, insisted the prospects for the sector in the country remained strong.
US group McKee Foods has announced the launch of line of protein bars which it boasts "taste unlike any other protein bar on the market".
A deal for Green Giant could be nearing with claims US group B&G Foods is in advanced talks to buy the business from General Mills. Elsewhere, eight companies have expressed interest in Australia's Brownes Dairy, while one sale that was announced this week was the acquisition of European snack bar maker VSI by US co-packer Hearthside Food Solutions. And one story that caught your attention was upstart US egg-free mayo maker Just Mayo coming under fire from the country's food watchdog.
FrieslandCampina, the Dutch dairy giant, today (27 August) booked a jump in half-year earnings despite flat sales, helped by lower raw milk costs, foreign exchange and sales of "added-value" products.
Mengniu Dairy, the Chinese dairy group, has reported an increase in half-year profits despite lower sales amid efforts to reduce costs.
French food co-op Terrena and local agribusiness Sofiprotéol should seal their deal to acquire a majority stake in poultry processor Groupe Doux in January.
An improved performance from Fyffes' banana and pineapple businesses has led the produce giant to report a lift in first-half profits and sales.
BFY Holdings, the newly-established US snacks business, has named former Annie's Homegrown and Immaculate Baking Co. CEO Paul Nardone as its president and chief executive.
Nomad Foods CEO Stéfan Descheemaeker has said the frozen food group's half-year results "were in line with expectations" despite lower sales.
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