Food industry news of the week - Ackman and Mondelez, Maggi, Nakd
Some industry watchers speculated Ackman could be betting on Kraft Heinz Co. bidding for Cadbury owner Mondelez
Activist US investor Bill Ackman got the market talking this week with the disclosure he has invested in Mondelez International. Could he be betting on an eventual bid for the Cadbury owner from the new Kraft Heinz Co.? Meanwhile, the row over the Maggi continued, with India's food safety watchdog brushing off tests that appeared to clear Nestle's noodles. And three UK snacks businesses hit the headlines. The owners of Nakd owner Natural Balance Foods are weighing up their options, Bear owner Urban Fresh Foods is looking at ways to expand internationally - which could involve investment in the business. And crisp firm Tyrrells snapped up an Australian snack maker.
Activist Ackman takes US$5.5bn stake in Mondelez International
Activist investor William Ackman has built a stake valued at around US$5.5bn in Oreo owner Mondelez International.
FSSAI denies "clean chit" for Nestle's Maggi
The Food Safety and Standards Authority of India has said its ban on Nestle's Maggi noodles stands, dismissing the all-clear given by fresh laboratory tests.
Katy Askew explains here why the FSSAI's stance could affect investment in India.
10 Things to Learn: Why Kellogg believes it is on the road to recovery
Kellogg reported a second quarter of declining profits and sales but on a conference call with investors yesterday, the management team insisted it is taking the right steps to position itself for long-term growth. Here is just-food's take on the latest numbers, recent performance and outlook for the business.
Natural Balance Foods shareholders "considering options"
Natural Balance Foods has confirmed its shareholders are "considering options" for the business in the wake of speculation the Nakd and Trek bar owner has received takeover bids for the business.
Bear snacks firm Urban Fresh Foods weighs up overseas push
Urban Fresh Foods, the UK firm behind the Bear snacks brand, is looking at ways to expand internationally as part of its latest strategy to grow the business.
Tyrrells acquires Australian organic snack maker Yarra Valley
UK crisp maker Tyrrells has acquired Australian organic snacks company Yarra Valley Snack Foods.
Boulder Brands receives interest in "transaction"
Udi's and Smart Balance owner Boulder Brands has hired advisors to look at its strategic options after the US group received interest from companies eyeing an unspecified transaction with the business.
Fonterra warns on "unsustainable" dairy prices
Fonterra, the world's largest dairy exporter, has warned that current global dairy prices are "unsustainably low" and starting to hit production levels.
Analysis: Child labour in cocoa on rise but some see progress
The report from Tulane University into the use of child labour in cocoa production in Côte d'Ivoire and Ghana, published last week, revealed a 21% rise in the number of child labourers over the past five years and a 15.5% increase in the prevalence of child labour in cocoa-growing areas. Ben Cooper examines the report which, despite the alarming headline aggregate growth, reflects some underlying progress.
In his latest Consuming Issues column, Ben Cooper explains why the war on cocoa is far from won.
Canadean's "Associated British Foods plc : Consumer Packaged Goods - Company Profile, SWOT & Financial Analysis" contains in depth information and data about the company and its operations....
Canadean's "ABF - Association British food Ingredients: Ingredients - Company Profile & SWOT Analysis" contains in depth information and data about the company and its operations....
Gluten is a protein composite primarily found in wheat, barley, rye, and triticale. A gluten-free food product does not contain gluten-rich grains such as spelt wheat....
Stevia, also known as stevia rebaudiana, is a natural and calorie-free plant-derived sweetener used as a sugar substitute in food, beverages, and other applications....
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