Condiments: Latest news and analysis articles
Unilever announced the fruits of its business review - convened after the company brushed off interest from Kraft Heinz - yesterday (6 April...
Reckitt Benckiser, the UK consumer goods group behind brands including Durex condoms and Flash bleach (and, soon, Enfamil infant formula) lo...
Food manufacturers operating across Europe, faced with differences in how sensitive different markets are to price, need to develop innovati...
One talking point that emerged from Kraft Heinz's approach for Unilever was the companies' approaches when it comes to corporate responsibil...
After shedding a series of food assets – and announcing earlier this month plans to quit spreads – Unilever’s longer-term strategy for the sector is always the subject of debate within the industry. This week, however, the consumer goods giant has made what is for the business a rare move: adding to its foods division through M&A. The Hellmann’s mayonnaise owner has bought fledgling US condiments maker Sir Kensington’s. Dean Best caught up with Sir Kensington’s co-founder Scott Norton to find out more.
Wessanen, the Netherlands-based food group, enjoyed a solid 2016 and last week forecast stronger growth in sales and operating margins this year. The organic sector is one of Wessanen's key markets and, talking to just-food at last week's Biofach trade show in Germany, executive VP for marketing Klaus Arntz set out where the company sees its growth in the category.
The UK faces a 22% price hike in food prices if it fails to negotiate continued tariff-free trade with the European Union post-Brexit, according to the country's retailers.
European health food manufacturer Wessanen booked a jump in first-quarter sales this morning (21 April), with growth supported by an increase in sales of its brands.
Another week when Unilever grabbed the industry headlines, this time for an acquisition in food, snapping up US condiments upstart Sir Kensington's. Post Holdings featured in another piece of trans-Atlantic M&A, the US food group announcing the GBP1.4bn takeover of UK-based breakfast cereal business Weetabix. And in a busy week of M&A news, Japanese giant Suntory signalled its desire to focus on drinks with a decision to put a clutch of food brands on the block.
Hellmann's mayonnaise owner Unilever has acquired up-and-coming US condiments maker Sir Kensington's.
Unilever this morning (20 April) reported first-quarter organic sales that beat analyst expectations, helped in part by price-driven growth at its ice cream arm amid a flat performance from its food business.
Japan's Suntory is putting its food assets in Australia and New Zealand up for sale to focus on its global beverages business, the company confirmed today (19 April).
Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden.
Although risks of trade friction have increased with Donald Trump's election as US President, a research note from investment bank Credit Suisse sees an all-out trade war between the country and China as unlikely.
- Analysis: Post discusses rationale for Weetabix
- Interview: Sir Kensington's on sale to Unilever
- US food next wave on display at Winter Fancy Food
- Column: Why snacking is the new meal
- Who will buy Danone's Stonyfield business?
- Unilever buys US condiments maker Sir Kensington's
- Ice cream helps Unilever sales, food flat
- Suntory to offload Australia, New Zealand foods
- Nestle organic growth slows but beats expectations
- Post: Weetabix "opens up M&A opportunities"