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.
Danone is taking a 25% stake in Yashili International Holdings, the infant formula business majority owned by Chinese dairy giant Mengniu, i...
The US Federal Trade Commission has claimed Nestle has made false claims in its advertising for Good Start Gentle infant formula....
BRF has booked higher nine-month profits on the back of improved margins and higher sales....
A Nestle cereals and cooking ingredients plant in Venezuela has started operations again after a strike stopped production for two days, wit...
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).
The US Federal Trade Commission has claimed Nestle has made false claims in its advertising for Good Start Gentle infant formula.
BRF has booked higher nine-month profits on the back of improved margins and higher sales.
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, a New York-based private equity firm, has acquired Hispanic foods firm Teasdale Foods from Palladium Equity Partners.
Spanish food group Ebro Foods has forecast a 12% rise in earnings in 2014.
Croatia-based food company Atlantic Grupa has cut its sales forecast for 2014 as it battles a "challenging business environment".
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 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.
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.
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.
Olive oil maker Deoleo has forecast its annual sales will drop by over 7% in 2014.
Japanese food group Ezaki Glico has booked an increase in half-year net profit but saw operating profit and net sales fall.
Podravka Group, the Croatian food-to-pharma company, is increasing its focus on international expansion to offset soft consumption at home.
Alimentos Kamuk, the Costa Rica-based sauce maker, is to build a production plant as it seeks to expand its product range.
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 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 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 Food Holdings, the Japanese noodle giant, reported a fall in nine-month earnings today (30 October) as higher costs offset sales growth.
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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