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General Mills targeted US children with launch of Yoplait-branded high-protein yoghurtjust-food's research round-up: R&D in dairy, Brazil's meat market, packaged food in Greece

24 April 2014

This week, just-food's research team has featured reports looking at areas including the meat market in Brazil and the innovation trends seen in the dairy sector.

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.

FRANCE: Co-op Terrena eyes investments via new fund

23 April 2014

Terrena, the French agri-food co-operative, is looking at making investments in companies in the sector - possibly internationally - through a new fund, Kassiop-Invest.

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.

US: Mitsubishi's Indiana Packers to open second pork facility

23 April 2014

Indiana Packers Corp., a meat subsidiary of Japanese giant Mitsubishi Corp., plans to open a second US pork processing facility in Frankfort, Indiana.

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: Maple Leaf shuts Hamilton wiener facility

22 April 2014

Canadian food group Maple Leaf Foods has announced the closure of its wiener production facility in Hamilton.

UK: Tesco cuts price on staples, online charges

22 April 2014

Tesco has implemented a series of price cuts on staple products in the UK while simultaneously lowering the cost of ordering groceries online.

FINLAND: HKScan updates group-wide brand strategy

22 April 2014

HKScan, the Finnish meat group, intends to strengthen its group-level branded portfolio in order to drive top-line growth and lower its costs.

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.

UK: Job boost for Kerry's Golden Cow unit

17 April 2014

Irish dairy firm Golden Cow, part of the Kerry Group, has announced it will create 23 jobs following a GBP2.5m (US$4.2m) expansion.

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.

CHINA: Meat processor WH Group details $5.3bn IPO

15 April 2014

WH Group, the world's largest pork producer, has announced plans to list in Hong Kong in an initial public offering that could raise more than HK$42bn (US$5.3bn).

UKRAINE: MHP focuses on higher margin products

15 April 2014

Ukrainian grain-to-poultry firm MHP has said that it continues to develop its processed meats business in order to shift its mix to higher margin products.

BRAZIL: JBS silent over poultry unit IPO report

14 April 2014

Brazilian meat firm JBS has refused to comment on "press speculation" it plans to raise BRL3bn (US$1.36bn) through an initial public offering of its poultry and processed foods division.

US: Tyson, Post "in running" for Michael Foods

14 April 2014

Tyson Foods and Post Foods have reportedly been short listed as possible buyers in the sale process for US protein group Michael Foods.

FINLAND: Atria issues another profit warning

14 April 2014

Finnish food group Atria has issued its second profit warning in four months, pointing to an over-supply of pork and "tougher" competition.

BRAZIL/UAE: BRF ups stake in UAE's Federal Foods

11 April 2014

Brazilian food giant BRF has upped its stake in Federal Foods, a manufacturer based in the United Arab Emirates.

just-food's research round-up: bakery in Australia, snacks in the UK, dairy in China

11 April 2014

This week's featured research from the just-food store includes reports looking at the fiercely-competitive bakery sector in Australia, the growing market for savoury snacks in the UK and China's booming dairy industry.

RUSSIA: Moscow shrugs off EU complaint over pork ban

9 April 2014

The Russian government has criticised the EU for filing a complaint with the World Trade Organization against Moscow's import ban on EU pigmeat and pigs.

US: "External" issues hit Cargill profits

9 April 2014

Cargill has blamed "external" effects - including problems with corn shipments to China - for a slump in earnings in its third quarter.

Focus: EU funds international project in food fraud fight

8 April 2014

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.

Editor's viewpoint: Food security and consumer demand

8 April 2014

There is a growing consensus that a warming climate has an impact on food production - putting supply firmly at the debate over food security. But the demands of a growing global population are just as important to consider as industry, government and academia wrestle over how to solve the issue.

KUWAIT: Al-Kharafi reportedly eyeing Americana sale

8 April 2014

Middle East food manufacturer Americana Group is reportedly being touted for sale by its majority shareholder.

US: Hillshire Brands to close breakfast foods plant

8 April 2014

US food group Hillshire Brands has announced it will close a plant in Alabama making breakfast foods, with the loss of 1,100 jobs.

CROATIA: Podravka to buy Agrokor canned meats unit

8 April 2014

Croatian food and drink group Podravka has struck a deal to buy a canned meats unit from a subsidiary of local manufacturer and retailer Agrokor.

SAUDI: Broad-based sales growth boosts Almarai profits

8 April 2014

Saudi food group Almarai has reported higher first-quarter profits on the back of rising sales "in all business segments" and a gain from a recent infant formula acquisition.

UK: FY sales up, margins dip at meat group Cranswick

7 April 2014

UK meat products supplier Cranswick today (7 April) met City expectations with higher annual sales but a fall in operating margins amid "record" input costs.







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