Blog: Trying to find right formula in China
Dean Best | 4 July 2011
Nestle's apparent interest in Chinese confectioner Hsu Fu Chi has added to our recent coverage on parts of the country's food sector - coverage that last week took in the infant-formula category.
In our second Category crunch feature, we looked at an industry that in China has, in recent years, been rocked by safety scares - not least the melamine scandal of 2008.
However, to domestic manufacturers and multinationals alike, China's infant-formula sector has the potential for rapid growth and we discussed the prospects for the business with the likes of Mead Johnson, the US firm that is the largest in the industry.
For more, click here.
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. ...
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....
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
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