Mergers & acquisitions: Latest news and analysis articles
The US spreads and gluten-free group saw its shares slump yesterday after warning about its short-term profitability. Boulder's Smart Balanc...
Chiquita Brands International still appears set on its proposed merger with Fyffes – and the US produce giant is, at the moment, right to do...
The recent sale of Italian unit Trentinalatte confirms growth through acquisition is not something Emmi is always successful at. Would, Stef...
State-backed Chinese food giant Bright Food Co. continued to make progress with its "go global, bring in" ambition when it acquired a majori...
Since December last year, US investment firm BBX Capital has - quite literally - been like a kid a in candy store. Via wholly-owned subsidiary BBX Sweet Holdings, it has made six acquisitions in the US confectionery sector, which include Helen Grace Chocolates, Anastasia Confections and - the latest purchase - Toffee Box. Hannah Abdulla catches up with company president Jarett Levan to find out what BBX's game is.
Finsbury Food Group CEO John Duffy today (10 October) described the company's move to buy fellow UK bakery company Fletchers Group as "transformational", telling just-food the deal will help his business grow in a number of ways.
Investors in Chiquita Brands International today (24 October) voted against the US produce giant's plan to merge with Ireland-based peer Fyffes.
A busy week in the food industry calendar, with the SIAL exhibition in Paris, ended with a shock announcement: Chiquita Brands International's shareholders rejected the company's plan to merge with Ireland's Fyffes. Elsewhere, we heard third-quarter updates from Unilever, Premier Foods and Mead Johnson.
Chiquita Brands International, which had lined up a merger with fellow banana supplier Fyffes, has become the subject of takeover interest from Brazilian firms Cutrale Group and Safra Group. And that interest is developing into a tussle for the future ownership of the US produce giant. just-food provides a digest of the most significant events so far.
The most eye-catching story came on Friday with the surprise news Chiquita Brands International shareholders had voted against the US produce group's plan to merge with Fyffes.
Cutrale Group and Safra Group have returned to the bargaining table with an increased offer of US$14.50 per share for Chiquita Brands International.
UK pork processor Cranswick has expanded its presence in the UK poultry category through the acquisition of premium cooked poultry firm Benson Park.
Some analysts might be breathing a sigh of relief at news Danone is rejecting speculation it is about to swoop for infant-formula giant Mead Johnson.
With sales under pressure and margins precarious, PepsiCo should sell off its Quaker North America business, Jefferies analysts argued today (16 October).
- On the money: Spreads, ice cream top Unilever woes
- SIAL 2014: Greek yoghurt firm Fage targets Europe
- Why Nestle is relaxed about the China "drag"
- Focus: Will Danone return to growth in dairy?
- Growth question hangs over refocused Premier
- SIAL 2014: Premier in talks over US manufacturing
- Kellogg, Nestle slammed for "chaotic" salt policy
- Premier cautious on profits after Q3 sales slide
- Mars puts R&D at centre of US plant expansion
- Italy warns of EUR200m hit from Russia ban