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Unilever reviewing options for weight management brand Slim.FastGLOBAL: Unilever mulls options for Slim.Fast, pasta sauce units

24 April 2014

Unilever today (24 April) confirmed it is reviewing its options over the future of its Slim.Fast and North America pasta sauces businesses.

What the analysts say - City sees signs of hope in Unilever's spreads

24 April 2014

Unilever today (24 April) reported first-quarter underlying sales ahead of the market's expectations. Shares in the consumer goods giant closed down, perhaps amid concerns foreign exchange would have on the company's top line. However, drilling down into the results, the City found reasons to be positive about Unilever's ice cream - and recently maligned - spreads businesses.

UK: Premier Foods shares slide on Q1 sales drop

24 April 2014

Share prices in Premier Foods fell today as the UK group announced a 6% drop in sales for the first quarter due to a "subdued" trading environment and the impact of the later Easter.

UK/NETHERLANDS: Spreads market challenge but ice cream joy for Unilever

24 April 2014

Buoyant ice cream sales cheered Unilever in its first quarter, although the group admitted declining spreads markets was limiting its growth in that category.

UK: ABF sees grocery recovery but sugar issues persist

23 April 2014

Associated British Foods said today (23 April) continued improvements at its grocery division during its first half helped to offset ongoing issues weighing on profits from sugar.

UK: Golden Acre acquires seafood supplier Elsinore

23 April 2014

UK fine foods supplier Golden Acre Dairy Foods Holdings has snapped up local seafood and delicatessen group Elsinore Foods.

RUSSIA: Ros Agro upbeat despite fall in FY profits

23 April 2014

Ros Agro, the London-listed holding company behind Russian sugar-to-mayonnaise maker Rusagro Group, today (23 April) insisted 2013 had been a "success" despite lower profits.

Editor's viewpoint: Using M&A for growth Stateside

22 April 2014

Desperate for growth in a moribund trading environment, there are signs some food manufacturers operating in the US are using acquisitions to bolster their presence in more vibrant parts of the industry. Should others follow?

CANADA: TreeHouse to acquire broth maker Protenergy Natural Foods

22 April 2014

TreeHouse Foods has struck a deal to acquire Protenergy Natural Foods from private-equity firms Whitecastle Investments and Whitecap Venture Partners for C$170m (US$150m).

US: TreeHouse sees Q1 sales strength

22 April 2014

TreeHouse Foods has said it expects to report a 15% rise in first-quarter sales, boosted by acquisitions and the contribution from higher volumes and sales mix.

Interview: Keys to brand's success on Twitter #engagement #relevance #realtime

17 April 2014

With over 200m regular users worldwide tweeting more than 500m times each day, the potential on offer for brands to reach consumers via microblogging site Twitter is self-evident. To succeed on Twitter, brands need to become a relevant, informative and amusing part of an evolving two-way conversation. Katy Askew spoke to Twitter UK sales director Dara Nasr about how food manufacturers and retailers can insert themselves into the dialogue.

just the facts - Post Holdings' M&A spree

17 April 2014

It is two years since US food group Ralcorp Holdings spun off branded breakfast cereal maker Post Holdings. And the Grape Nuts owner has, through a number of acquisitions, rapidly built a broader business designed to diversify away from a cereal market in the doldrums. just-food runs through the deals.

US: B&G lifts outlook on recent deal despite Q1 profit slip

17 April 2014

US ambient food manufacturer B&G Foods booked saw a drop in first-quarter earnings as higher costs offset sales gains in the period.

Quote, unquote: just-food's week in words

17 April 2014

Tesco's full-year results proved disappointing, as expected, and CEO Bill Stritz has said online retailing has played a huge part. Elsewhere first quarter results were out and Co-op saw heavy losses. It has now decided to get rid of some of the Somerfield stores and focus on its convenience offering. There were developments on the Michael Foods acquisition with Post Holdings announcing it had taken over the firm in a US$2.45bn deal. Other acquisitions this week included Daelman's purchase of UK firm Fabulous Bakin' Boys and PE firm Abraaj's acquisition of North African confectioner Kool Foods.

Editor's choice: the highlights on just-food this week

17 April 2014

Tesco was in the spotlight this week after the publication of its annual results confirmed what a challenging year the UK's largest retailer endured. Another UK grocer under scrutiny is The Co-operative Group, which reported banking-induced losses, but revealed it is re-sizing its food retail estate to give it more focus. Elsewhere, China's WH Group, of which Smithfield Foods is now a part, announced plans to list in Hong Kong and US group Post Holdings made another M&A move, with a deal to buy egg-to-dairy supplier Michael Foods.

UK: Bart expands in wet ingredients with OTP Foods buy

15 April 2014

UK herbs and spices supplier The Bart Ingredients Co. has decided to expand its wet ingredients business with the acquisition of local firm OTP Foods.

UK: Duerr's targets home-baking market with latest jam range

15 April 2014

UK jam maker Duerr's has launched the first flavour of a range of bake-stable jams in a bid to target the home-baking market.

FRANCE: Unilever shake-up, 97 jobs set to go

14 April 2014

Unilever's French unit has announced restructuring that will see 97 jobs put at risk.

SPAIN: Deoleo board backs sale of olive oil firm to CVC

11 April 2014

The board of Spain-based olive oil group Deoleo has agreed to sell the company to UK private-equity firm CVC Capital Partners.

US: Bain Capital affiliate Sankaty buys kosher food firm Manischewitz

11 April 2014

Sankaty Advisors, an affiliate of US private-equity group Bain Capital, has taken over local kosher food group The Manischewitz Co.

SPAIN: PE firm CVC tables "best bid" for Deoleo

10 April 2014

Private-equity group CVC Capital Partners has made the best takeover offer for Deoleo, the Spanish olive oil group has said.

UK/IRELAND: Rowse honey buy to boost Valeo's UK presence

9 April 2014

Irish food group Valeo Foods has acquired Rowse honey in the hope it will bolster its presence in the UK.

Quote, unquote: Westminster Food & Nutrition Forum on food security

7 April 2014

Representatives of industry, academia, NGOs and politics met in London last week to discuss the issue of food security and the challenges that lay ahead. Climate change, over-consumption and the use of technology in agriculture were just some of the topics discussed. just-food brings a flavour of the event.

Editor's choice: the highlights on just-food last week

7 April 2014

Unilever's business in South Africa was in the spotlight this week after it emerged its offices were raided as part of a probe into collusion. Elsewhere, there were two notable M&A deals in dairy, with Arla Foods looking to merge with Belgium-based EGM Walhorn and Lactalis's Parmalat bolstering its business in Australia with the acquisition of Harvey Fresh.

Quote, unquote: just-food's week in words

7 April 2014

This week, Tesco CFO Laurie McIlwee ended weeks of speculation over his future after handing in his resignation. Elsewhere, Kellogg was one of the three manufacturers linked to the rumoured sale of Dorset Cereals and Arla announced a proposed merger with EGM Walhorn.

US: Specialty Brands to be next acquisition for B&G Foods

4 April 2014

US food group B&G Foods is to make another acquisition after striking a deal to buy margarine-to-soup manufacturer Specialty Brands of America from private-equity firm American Capital.

Comment: Unilever raid shows South Africa eyeing food

4 April 2014

News the South African offices of Unilever and Sime Darby were raided by competition authorities this week comes as a further evidence that the country's competition watchdog has set its sights on the food sector, Katy Askew suggests.

just-food's research round-up: Dairy in Indonesia, gum in China

4 April 2014

This week's featured research from the just-food store majors on emerging markets - with reports on the dairy market in Indonesia, packaging in Asia Pacific and chewing gum in China.

SOUTH AFRICA: Unilever raided in competition probe

3 April 2014

The South African offices of Unilever and fats and oils supplier Sime Darby have been raided in a search and seizure operation conducted by the country's competition officials.

UK: Hilltop Honey looks to supply Middle East by summer

3 April 2014

Welsh honey producer Hilltop Honey has announced plans to supply honey to Middle East markets by this summer.

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