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Marfrig confirms Keystone sale to Tyson Foods for $2.4bn
Brazil's Marfrig Global Foods confirmed today (20 August) that US-based Tyson Foods has acquired its subsidiary Keystone Foods for US$2.4bn.
Campbell Soup Co. 'weighing up asset disposals'
Campbell Soup Co. is reportedly mulling the sale of assets including Australian biscuits brand Arnott's and US fresh-food business Bolthouse Farms as part of the US giant's review of its operations after four years of falling revenues.
Aryzta plans to raise EUR800m to bolster capital structure after "comprehensive" review
Aryzta, the financially troubled Swiss-Irish bakery business, plans to raise EUR800m (US$910.7m) in equity to bolster its capital structure and reduce debt.
Pladis mum on 'plan for Jacob's sale'
Pladis, the international snacks business of Turkish food group Yildiz Holding, has refused to be drawn on a report it is looking for bidders for UK crackers brand Jacob's.
Big Food's stake in the future - in-house venture-capital funds
Our guide to some of the main in-house venture capital funds operated by major food businesses.
China next frontier for determined grocer Kroger
Kroger, one of the largest grocers in the US, has, in the face of a challenging domestic market and the spectre of Amazon, rolled up its sle...
China breakfast cereal - how to tap future growth
Demand for breakfast cereal in China is expected to continue to grow amid the urbanisation of the population and continued interest in Weste...
Focus: China breakfast cereal deep-dive part one
China has been a key target for multinational food companies for decades but success has varied by category. Western-style breakfast cereal...
China's snack lovers nuts about fruits and nuts
In his debut column, just-food's China columnist Peter Peverelli looks at how the country's growing wealth and need for convenience has led...
How can UK SMEs prepare for life after Brexit?
When it comes to Brexit, almost everything is uncertain and unclear. As entrepreneurs and leaders of small and medium-sized enterprises (SME...
What could be next for PepsiCo under new CEO?
Indra Nooyi is stepping down as PepsiCo CEO, to be replaced by another 20-year company veteran, group president Ramon Laguarta. What could l...
Food M&A volumes sizzle in July, pushing 2018 to high - data 7 Aug 18
As company strategists look to M&A to gain an edge on their competition, just-food's index of mergers and acquisitions in the international packaged food sector highlights the volume of deals being announced.
Timeline - PepsiCo under outgoing CEO Indra Nooyi 6 Aug 18
Indra Nooyi is to step down as PepsiCo CEO in October after more than a decade at the helm of the US food and beverage giant. just-food looks at the stand-out moments and manoeuvres under Nooyi at the Quaker, Lay's and Pepsi maker.
Thought Leaders
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Discover the 14 trends that are reshaping the eCommerce landscape for CPGs. Download the white paper.
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In recent years, product variety in the food & drink industry has exploded and competition has become intense. This white paper highlights the challenges the food and drink i...
Tyson taps Asia growth with Keystone deal
Simon Harvey | 20 Aug 18
US meat giant Tyson Foods emerged as the winner in the bidding for Keystone Foods, a supplier of burgers and chicken nuggets to foodservice and retail outlets with annual revenues of US$2.5bn.
Marfrig confirms Keystone sale to Tyson Foods
Simon Harvey | 20 Aug 18
Brazil's Marfrig Global Foods confirmed today (20 August) that US-based Tyson Foods has acquired its subsidiary Keystone Foods for US$2.4bn.
Lotte Group signs sales deal with DKSH
Andy Coyne | 20 Aug 18
Asian confectionery heavyweight Lotte Group is partnering with DKSH, a sales and marketing organisation with a focus on the region.
Recent News - (Updated: 3:55pm 20 Aug 2018)
FrieslandCampina acquires Dutch cheese firm brands
Soylent announces Demir Vangelov as CFO
Irish dairy co-op Aurivo reveals expansion plans
South Africa's Libstar issues profit warning
Tiger Brands issues profit warning
Fonterra facing "profound challenges"
Nestlé this week (31 July) officially opened the new headquarters for its operations in the US, proclaiming the move a "catalyst" for its "transformation" in its largest market by sales. In 2017, the Lean Cuisine and Gerber maker saw its growth stall in the US. How is the food giant looking to kick-start its business in a market going through profound change? Dean Best caught up with Rui Barbas, chief strategy officer for Nestlé's US arm, to find out more.
Samuel Dennigan, 32, set up his Ireland-based frozen vegetable products business Strong Roots in 2015 and it has quickly gained listings on both sides of the Irish Sea. But Dennigan's only just getting started, he tells Andy Coyne.
Snacks giant Pladis sets out stall for rapid growth in North America - interview 4 Jul 18
Pladis, the UK-based, international snacks arm of Turkey's Yildiz Holding, is looking to scale up quickly in North America, a market that accounts for just 6% of sales and where it is doing battle with some major competitors. Dean Best spoke to regional CEO Brian Blanchard to find out more about the plans the McVitie's and Godiva owner has for the market.
If Kraft Heinz passed on Pinnacle, it should do so with Campbell
Dean Best | 2 Aug 18It's almost 18 months since Unilever rebuffed Kraft Heinz and, ever since, the rumour mill has spun over where the US manufacturer could look next. It's been reported today (2 August) the ketchup maker decided against moving for US peer Pinnacle Foods.
Maybe Trump is finding trade wars aren’t so easy to win
Dean Best | 25 Jul 18In March, a day after issuing stiff tariffs on imports of steel and aluminium, Donald Trump took to Twitter to give his verdict on trade disputes. Four months later, it looks as though Trump's confidence may have been more hubris.
Upfield Foods, home to ex-Unilever spreads assets, makes notable appointment
Dean Best | 20 Jul 18UK food-industry veteran David Salkeld is to take a senior position at Upfield Foods, the newly-instituted business that is home to Unilever's former spreads assets.
The Switzerland-based bakery group has suffered in recent years, particularly in North America
PepsiCo CEO Indra Nooyi steps aside
After 12 years at the top of the US food and beverage giant, Nooyi hands over to fellow PepsiCo veteran Ramon Laguarta.
Greenyard under spotlight after listeria outbreak
The European vegetables supplier is seen as the likely source of a fatal listeria outbreak.
Nestle's portfolio change under CEO Mark Schneider
Since Mark Schneider took the top job at the world's largest food company in early 2017, the Swiss giant has steadily reshaped its business.
Reinventing Ancient Grains: From Traditional Staple Food to
Reinventing Ancient Grains: From Traditional Staple Food to Modern Superfoods
Ancient grains speak to tradition and cultural heritage, but it is unquestionable that an increasing number of health-conscious consumers seek these ingredients. This briefing analyses the nutritional value of ancient grains, and delves into their availability and growth opportunities in key markets. It also assesses recent innovation and categories to watch out for future developments with these ingredients... Read more
Published: July 2018 - ($1325.00)
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