Editor's choice: the highlights on just-food last week
Analysts believe Lindt can premiumise more mainstream parts of US chocolate market with Russell Stover deal
For the first time since 1998, upmarket chocolate maker Lindt & Sprungli this week made an acquisition, snapping up US firm Russell Stover Candies - and we analysed the deal. Our interviews pages included hearing from the boss of Birds Eye UK about its plans to change consumer perception of frozen food, while we launched Bitesite, an interview section focused on SMEs in the sector.
In the spotlight: Lindt plays safe with Russell Stover buy
Lindt & Sprungli's acquisition of US confectioner Russell Stover Candies has come as a surprise to analysts. It is the Swiss group's first purchase for 16years and one in a developed, rather than emerging, market. However, Lindt believes it would be have been foolish to pass on the opportunity and expansion in developing markets is still on the cards. Hannah Abdulla finds out what prompted Lindt to dust off its chequebook.
GERMANY: Nestle, Bell, Zur Muhlen Gruppe to appeal sausage cartel verdict
Nestle, Swiss company Bell Group and Germany's largest sausage processor Zur Mühlen Gruppe are to appeal fines handed down over an alleged meat products cartel in the country.
CANADA: Ottawa suggests changes to nutrition labels
The Canadian government has put forward proposals to alter the nutrition labels used on food, including the clearer labelling of sugars and "more consistent" serving sizes.
US: Mondelez coy on cheese, grocery market exit talk
Mondelez International has refused to be drawn into speculation the separation of its European cheese and grocery business could lead to a sale or spinoff of the unit.
just the answer: Birds Eye UK MD Margaret Jobling
European frozen food maker Iglo Group, the owner of brands like Birds Eye, is working to change the way people think about frozen food in a bid to double its size by 2020. The strategy, which was announced last year, puts innovation and a "new approach" to marketing front and centre. Katy Askew spoke to Birds Eye UK managing director Margaret Jobling to find out more.
The bitesize interview - The Kids Food Co. CEO Sally Preston
With annual sales now at GBP6m (US$10.3m), UK firm The Kids Food Co. is a building a notable presence in the country's baby and toddler snacking sector. Founder and CEO Sally Preston kicks off bitesize, just-food's newest interview section, which focuses on international up-and-coming, small- and medium-sized enterprises. Here, she talks big kids, the importance of originality, the opportunities in healthy eating and getting into China early on with Hannah Abdulla.
Consuming issues: No candy-coated arguments at sugar summit
Last week, medical professionals, industry representatives, policy advisors and others gathered in London to discuss the health impacts of sugar consumption and what government and food companies can do to mitigate them. Ben Cooper was there.
ECUADOR: Bimbo acquires Ecuador bread maker Supan
Grupo Bimbo has entered Ecuador through the acquisition of Supan, which the Mexican baker described as the "leading" bread producer in the country.
BRAZIL: JBS acquires Brazilian poultry group Céu Azul
Brazilian protein giant JBS has entered into an agreement to acquire domestic poultry firm Céu Azul Alimentos for BRL246m (US$110.9m).
TURKEY: Ferrero seals deal for hazelnut firm Oltan
Ferrero has confirmed the acquisition of Turkish hazelnut processor Oltan Group for an undisclosed sum.
Despite aggressive promotional activities and advertisements, the Italian market for Ferrero Spa shrank 5% as a whole in the latest fiscal year, and therefore the company continues to look at external...
Ferrero Deutschland GmbH’s strategy has to be seen – as the company is the German subsidiary of Ferrero SpA – in the context of the parent company, of course. As far as the approach in general is conc...
Ferrero has performed well with its core brands. Although the company is perhaps still too focussed on Western Europe, it has made gains in fast developing markets such as Brazil and China. An area of...
Other dairy registered a current value CAGR of 1% over the review period, and will see a 1% increase once again in 2014. This growth is supported by stable to slightly increasing unit prices. Other da...
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