Quote, unquote: just-food's week in words
UK minister Heath said government could only reassure consumers after beef tests
Few stories in recent months have caused as much comment as the horse meat scandal, which last week deepened with the news Findus lasagne sold in the UK contained the ingredient. Elsewhere, Dairy Crest said potential takeover targets wanted too much money, Nestle found another country looking at the implications of its Pfizer infant formula acquisition and Kraft Foods Group went to court over the Cracker Barrel trademark.
"We are confident that we have fully resolved this supply chain issue" - Findus UK after admitting its frozen lasagne contained up to 60% horse meat.
"The FSA is now requiring a more robust response from the food industry in order to demonstrate that the food it sells and serves is what it says it is on the label" - in the wake of the Findus contamination, Catherine Brown, chair of the UK's Food Standards Agency, outlines its demands for the country's food sector to urgently test their meat products.
"The most important thing we can do is to carry out the testing. The FSA has asked every retailer and processor to check every beef product they have to make sure it is what it says it is. If that it is the case, we will be able to give that reassurance. Until then, frankly, we can't" - UK food minister David Heath tells the BBC only after the results of tests demanded by the FSA can the Government reassure consumers of the composition of beef products.
"We're keeping our money in our pocket" - a Dairy Crest spokesperson says the UK group's takeover targets had placed too high a price on their businesses - and the company is now focusing on improving its balance sheet.
"During [this] time Nestle will license out the existing Pfizer products for sale under different brand names to an independent licensee. After the 20-year period, Nestle may re-introduce the Pfizer brands with their original branding into the market" - South Africa's Competition Commission puts forward a plan to protect competition in the country's infant formula market after Nestle's acquisition of Pfizer's global infant nutrition business.
"The cereal category in the UK continues to be competitive but we saw improvement. Recent innovations are all off to a good start and we are optimisitic as we start 2013" - Kellogg president and CEO John Bryant reflects on the US group's performance - and its prospects - in the UK cereal market.
"[The] defendants' actions threaten to destroy the substantial goodwill that Kraft has created in its Cracker Barrel trademark, and to create significant confusion and cannot be permitted" - Kraft Foods Group launches legal action against US restaurant chain Cracker Barrel's plans to sell branded products in US retail stores.
"We will consolidate our position in Spain and broaden the range of processed cheese products that we offer our customers" - Nicolas Barral, general manager of Group Bel's Spanish business, explains why the French firm has moved to buy Spanish brand Tranchettes.
"These decisions were carefully considered and made with the ultimate goal of serving our customers, growing our business and creating shareholder value" - a spokesperson for Delhaize Group's US business outlines why the Belgian retailer is to cut 500 jobs from its chains across the Atlantic.
What is your outlook for the industry in 2013?
Join hundreds of food industry executives in giving your views on the prospects for the sector in just-food.com's annual confidence survey - and have the chance to win one of five free annual subscriptions to just-food.com worth £175.
Click here to answer questions on M&A, consumer confidence, innovation and sustainability.
All answers will remain confidential. Results will be published in a just-food webinar on 28 February.
Following the creation of a joint venture between Findus, Ardo and Borduelle in 2011, Findus began distributing and carrying out all marketing activities of the brands “Frudesa”, “Salto” and “Findus” ...
MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organi...
The report presents detailed data on consumption trends in the Yogurt category in United States, analyzing consumption volumes and values at segment level. It also provides indispensable data on distr...
The report presents detailed data on consumption trends in the Take Home Ice Cream category in United States, analyzing consumption volumes and values at segment level. It also provides indispensable ...
- Premier Foods CEO expects UK supermarket rebound
- Why Post is increasing its exposure to cereal
- Briefing: The risks and rewards of e-tail in China
- Unilever must "speed" response to consumer trends
- just-food's pick: Natural Products Expo top 10
- Post Holdings strikes deal to acquire MOM Brands
- Up & Go breakfast drinks set for UK launch
- Crisp maker Sibell acquires Spain's Celigueta
- Hershey to acquire meat jerky firm Krave
- Hershey linked to takeover of jerky maker Krave
- 10 Key Trends in Food, Health and Nutrition 2015
- The Sugar Backlash and its Effects on Global Consumer Markets
- Unilever - Strategy and SWOT Report
- The Future of Retailing in the UK to 2017
- Global Consumer Trend Framework: Understanding Attitudes and Behaviors that Influence Global Consumption Habits