Editor's choice: the highlights on just-food last week
Olive oil giant Deoleo this week announced its board had backed a takeover bid from private-equity giant CVC Capital Partners. Elsewhere, Mondelez International announced plans for another plant in Russia and the political party that looks set to be the major party in India's next government said it would ban foreign supermarkets entering the country's retail sector.
SPAIN: Deoleo board backs sale of olive oil firm to CVC
The board of Spain-based olive oil group Deoleo has agreed to sell the company to UK private-equity firm CVC Capital Partners.
INDIA: BJP plans to ban foreign supermarkets entering retail sector
Indian political party Bharatiya Janata Party (BJP), which is expected to lead the country's next government, has said it plans to ban foreign supermarkets from entering its retail sector.
RUSSIA: Mondelez to build chocolate, biscuits plant
Mondelez International is to build a chocolate and biscuits factory in the Russian city of Novosibirsk.
US: Wal-Mart teams up with Wild Oats brand in organic push
Wal-Mart has announced a notable push into the US organic food category with plans to list a range of products under the recently-revived Wild Oats brand.
JAPAN/MALAYSIA: Asahi to buy Etika dairy assets
Japanese food and beverage giant Asahi has struck a deal to buy a range of dairy assets in south-east Asia from Singapore-listed Etika International Holdings.
UK: Weetabix confirms plan to cut pay, hours
Weetabix has announced plans to cut staff pay and hours in the UK, a reaction believed to be prompted by increasing pressure from supermarket own brands and discount food retailers.
GERMANY/UK: Suedzucker profit warning hits ABF shares
German sugar refiner Suedzucker has cautioned operating profit in its current financial year will fall below expectations, a warning that hit shares in rival Associated British Foods.
Deal or no deal: Analysts divided on Dorset Cereals sale
Toward the end of last week Kellogg, Weetabix and Associated British Foods were all named as potential suitors looking to buy UK cereal brand Dorset Cereals from Wellness Foods. Industry watchers believe all three reported bidders could be viable owners of the muesli maker.
Focus: EU funds international project in food fraud fight
Participants within an EU-funded research project on fighting food fraud believe they can help rebuild consumer confidence in Europe's food sector, following last year’s horsemeat scandal, writes Andrew Byrne in Brussels.
AUS/CHINA: Freedom Foods strikes Bright Dairy production deal
Australia's Freedom Foods Group has struck a deal to supply China's Bright Dairy with "value-added" milk products.
Associated British Foods plc - SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analys...
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...
Synopsis Canadean's "Associated British Foods plc : Consumer Packaged Goods - Company Profile, SWOT & Financial Report" contains in depth information and data about the company and its operations. The...
"Deoleo, S.A. : Consumer Packaged Goods - Company Profile, SWOT & Financial Report" contains in depth information and data about the company and its operations. The profile contains a company overview...
- On the move: What's in store from Tesco's new CEO?
- On the money: Can Premier build H2 sales momentum?
- Focus: Lindt plays safe with Russell Stover buy
- Interview: Bell hits out at German cartel ruling
- On the money: Steady as she goes at Cloetta
- UPDATE: Premier establishes international unit
- Campbell issues warning on 2014/15 fiscal year
- S&A Foods announces restructure, 55 jobs to go
- Universal Robina to buy biscuit firm Griffin's
- Premier launches Oxo pots range in UK