Blog: Bad week for goats

Catherine Sleep | 3 February 2005

Not a good week for goats, or farmers. The word BSE is enough to strike fear into any livestock farmer’s heart, as we in the UK are only too well placed to know. This week confirmation came that a goat in France did indeed die of BSE (bovine spongiform encephalopathy). We know this goat did not enter the food or feed chain, and that the other animals in its herd all tested negative. But still, the news sends shivers down the spine of the European farming sector and prompted calls for more sophisticated testing.

Meanwhile, another big story in the food industry this week broke when food processor Dean Foods said it plans to spin off its specialty foods group to Dean shareholders in order to enable the company to focus on its core dairy and branded businesses. The planned debt-free spin-off of the specialty foods group will create a consumer packaged goods company with about 1,700 employees and estimated 2005 revenue of more than US$700m.

Analysts seem enthused by the fact that Sam Reed, who presided over Keebler in 2001 when Kellogg acquired the cookie maker in a deal valued at $4.4bn, will be steering the new company. Instant management credibility is clearly the name of the game.

Dean Foods to spin off specialty foods group


BLOG

Barilla puts sustainability centre stage

Barilla's 2016 results statement, published last week, makes interesting reading, not because of the Italian food group's commercial performance, but for the emphasis placed on sustainability achievem...

BLOG

UK M&A deal volumes slide in early months of 2017

Fresh data from Grant Thornton indicates the number of mergers and acquisitions in the UK food and drink sector fell to the lowest level for over two years in the first quarter of in 2017 - but the ac...

BLOG

Food policy returns to focus in Westminster

Amid the political turmoil in the UK caused by the EU Referendum, the resignation of a Prime Minister, subsequent burning debates over the Brexit “divorce” settlement and now by the surprise announcem...

BLOG

Danone closes WhiteWave, who will acquire Stonyfield?

Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...

just-food homepage



Forgot your password?