CANADA: Dare Foods hires Heinz's Luik as president
Canadian food group Dare Foods has appointed Heinz executive Peter Luik president of the company.
Dare Foods, which makes biscuits, snacks and bread, said Luik would join the company next month. He will replace Lee Andrews, who is leaving to "pursue other opportunities".
Luik was president and CEO of Heinz's business in Canada. Privately-owned Dare Foods said Luik had "delivered outstanding annual sales and profit growth and consistent quarterly achievement" in the role.
Dare Foods has seven plants in Canada and the US. Its products are sold in North America, Mexico, Sweden and the Far East.
A spokesperson for the company told just-food that Dare is now looking to drive growth of its business.
"We want to achieve growth by increasing distribution in new channels and geographies; acquiring branded businesses in our categories that provide us with unique products that are consistent with our philosophy of providing high quality great tasting food; and continued innovation," the spokesperson said.
In the wake of the Heinz deal, Ben Cooper examines whether private-equity investors are changing their attitudes towards sustainability as some prominent players in the sector are claiming....
Heinz stunned the global food industry with news it had agreed to a US$28bn takeover offer from Warren Buffett's Berkshire Hathaway fund and private-equity firm 3G Capital - purported to be the larges...
- What next for Nestle under new CEO Schneider?
- Unilever is "working harder" in tough environment
- Nestle catering for an ageing global population
- Hemp food sales in the US set for growth
- Brexit and UK food market policymaking
- Unilever sees growth but spreads decline continues
- Campbell's Soup's sustainable growth strategy
- Job cuts imminent as General Mills restructures
- Arla Foods unveils strategy for growth up to 2020
- US demand for organic food exceeding supply