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Israel food major Tnuva backs new foodtech incubator

13 Sep 2019

Tnuva, Israel's largest food manufacturer, is one of the names behind a new foodtech initiative in its home market.

Earnings summary - Conagra Brands sees subdued organic growth after Q3 result; Nomad Foods FY profits surge on debt repricing; Boparan Q2 sales rise despite ''tough conditions'' hitting profits; Produce Investments back in black in H1

22 Mar 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Update - Post Holdings confirms Weetabix deal

18 Apr 2017

Post Holdings, the US group behind breakfast cereal brands Grape-Nuts and Honey Bunches of Oats, this morning (18 April) confirmed it has struck a deal to buy UK business Weetabix in a deal worth GBP1.4bn (US$1.76bn).

Post Holdings 'secures Weetabix' in US$1.76bn deal

18 Apr 2017

Post Holdings has reportedly sealed a deal to acquire UK cereal business Weetabix from its Chinese owners, Bright Food Group, for US$1.76bn. 

Filippo Berio teams up with Chaucer Foods on crostini

5 Apr 2017

Olive oil supplier Filippo Berio has worked with UK snacks and ingredients maker Chaucer Food Group to launch a range of branded crostini in the country.

Post Holdings 'one of two left in race for Weetabix'

9 Mar 2017

Post Holdings, the US breakfast cereal business, is reportedly one of two bidders left in the race to buy UK peer Weetabix.

Who will have their Weetabix? - analysis

31 Jan 2017

Almost five years after Bright Food snapped up a majority stake in Weetabix, the state-backed Chinese group is said to be looking to offload its shares in the UK-based breakfast cereal business. Speculation started before Christmas and, although Bright Food sought to cool the chatter, the rumours have intensified, with four bidders apparently preparing to table offers. Dean Best surveys the purported runners and riders.

Weetabix plans GBP30m investment as bidders line up 

30 Jan 2017

Weetabix has confirmed that it will push ahead with a GBP30m (US$37.6m) investment to increase production as Nestle, General Mills, Post Holdings, Associated British Foods and Barilla reportedly line up to submit bids for the business. 

Update - Pladis not bidding for Weetabix

23 Jan 2017

Pladis, the UK-based subsidiary of Turkish food conglomerate Yildiz Holding, has said it is not among firms reportedly lining up to take control of Weetabix, the UK-based breakfast cereal business owned by China's Bright Food.

Weetabix takeover talk gathers pace

23 Jan 2017

Weetabix, the UK-based breakfast cereal business owned by China's Bright Food, is reportedly attracting interest from a number of food multinationals.

Bright Food 'eyeing sale of Weetabix'

21 Dec 2016

China's Bright Food Group is reportedly looking to sell its shares in UK breakfast cereal producer Weetabix.

Pioneer Food Group buys into Weetabix east Africa unit

16 Nov 2016

South Africa's Pioneer Food Group has acquired a 49% stake in the east African business of UK breakfast cereal group Weetabix.

NZ green light for Shanghai Maling stake in Silver Fern

20 Sep 2016

A subsidiary of China's Shanghai-listed Bright Food Group, Shanghai Maling Aquarius, has been cleared by the New Zealand government to take a 50% stake in local meat co-operative Silver Fern Farms in a NZD261m (US$191m) deal.

Weetabix plans to roll out traffic-light labels after initial launch

8 Sep 2016

Weetabix, the UK-based breakfast business, has said it plans to roll out traffic-light nutrition labels onto all the cereals sold in its domestic market over the next year, following its decision to start using the lights on two lines this month.

Silver Fern Farmers members back Shanghai Mailing deal in fresh vote

22 Aug 2016

The decision by New Zealand meat co-operative Silver Fern Farms to sell half its business to Chinese peer Shanghai Maling has again been approved in a shareholder vote after a group of members opposing the deal called for a second ballot.

Bright Dairy profits fall in 2015

21 Apr 2016

Bright Dairy & Food Co., the Chinese dairy group, saw its profits fall by more than a quarter amid a decline in sales.

Weetabix launches "high-protein" cereal in UK

14 Dec 2015

Weetabix has made another move to target interest in protein in the UK with the launch of a version of its flagship product that is enriched with the ingredient.

Bright Dairy 9M sales up but profits down

31 Oct 2015

China's Bright Dairy & Food Co. has reported a slump in earnings in the first nine months of the year as higher sales were offset by factors including an increase in sales expenses and a jump in financial costs.

Who could swoop for Diamond Foods? 

1 Oct 2015

Diamond Foods side-stepped market talk it has put itself up for sale and even suggested it would be open to broadening its own portfolio during a conference call with analysts this week. However, this does not mean the US snacks group's management is closed to the idea of the company shopping itself. Katy Askew takes a look at the possibility of a deal and who could be interested in a punt for the Kettle Chips maker.

Bright Dairy invests in ecological dairy farm

28 Sep 2015

Bright Food & Dairy Co. has confirmed plans to invest CNY43.3bn in the development of an “ecological” dairy farm project.

Bright Dairy H1 profits fall

1 Sep 2015

Bright Dairy & Food Co., the Chinese group, has reported a 4% drop in half-year earnings amid "intense" competition in the sector.

Food industry news of the week - Green Giant, Just Mayo, VSI

1 Sep 2015

A deal for Green Giant could be nearing with claims US group B&G Foods is in advanced talks to buy the business from General Mills. Elsewhere, eight companies have expressed interest in Australia's Brownes Dairy, while one sale that was announced this week was the acquisition of European snack bar maker VSI by US co-packer Hearthside Food Solutions. And one story that caught your attention was upstart US egg-free mayo maker Just Mayo coming under fire from the country's food watchdog.

Brownes Dairy "attracts eight suitors"

26 Aug 2015

Australian dairy group Lion and Chinese giants Bright Food and Fosun are reported to be among eight parties that have expressed interest in buying Brownes Dairy, the Australian dairy business.

Bright Food looks to buy Spanish wholesaler Miquel Alimentacio

17 Aug 2015

Bright Food Group, the Chinese owner of food brands from Weetabix to Filippo Berio, has made a move to buy Spanish wholesaler Miquel Alimentació.

Susan Day Cakes adds 51 jobs in Hallam, eyes Asia expansion

29 Jun 2015

Australian baked good firm, The Cake Syndicate, has said it is seeking an investor to fund capital expansion and growth into Asia.

BRICs and beyond: Has Yoplait adopted the best expansion strategy in China?

12 Jun 2015

The move from General Mills and Sodiaal to expand Yoplait into China is a significant step for the yoghurt brand. The potential of the Chinese yoghurt market and its growth profile makes it a tempting prize for any yoghurt manufacturer. But, Katy Askew asks, have General Mills and Sodiaal taken the best route to expansion in the market?

Bright Dairy eyes overseas expansion with Tnuva buy

10 Jun 2015

Bright Dairy & Food Co. plans to raise CNY9bn (US$1.45bn) to buy a controlling stake in Israel's Tnuva from its parent company Bright Food Group Co.

Weetabix gets new private-equity investor

22 May 2015

Baring Private Equity Asia has struck a deal to buy 40% of UK-based cereal group Weetabix.

Bright Dairy sees profit, sales rise in Q1

30 Apr 2015

China's Bright Dairy and Food Co. has reported a jump in sales and profit for the first quarter of the year.

Weetabix linked to new private-equity investor

20 Apr 2015

Weetabix could be set for a new private-equity investor, with claims Baring Private Equity Asia is to buy 40% of the UK-based cereal group.

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