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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.

Bright Dairy sales, profits rise in 2014

31 Mar 2015

Bright Dairy & Food Co., a listed subsidiary of Chinese food group Bright Food Co., saw profits jump almost 40% in 2014.

Bright Food "to buy 70% of Tnuva"

27 Feb 2015

China's Bright Food Group has reportedly upped the stake it plans to buy in Israeli grocer Tnuva to 70%.

Bright Food "planning Manassen IPO this year"

9 Jan 2015

Chinese food giant Bright Food Group is reportedly planning to list its Australian unit, Manassen Foods, this year.

Food industry quotes of the week: Yildiz, Muller

7 Nov 2014

This week, Turkey's Yildiz Holding struck a deal - said to be over GBP2bn - to buy United Biscuits and the Turkish group's CEO took to Twitter to hail the agreement. Meanwhile, German dairy giant Muller agreed to buy Dairy Crest's liquid dairy business in the second big deal of the week. Elsewhere, quarterly numbers continued to come in, with Mondelez International lifting its forecast for annual earnings.

Bright Food "eyes 2016 listings for Weetabix, Manassen"

6 Nov 2014

China's Bright Food Co. is reportedly targeting listings of UK breakfast cereal business Weetabix and Australian food group Manassen Foods in the next two years.

Bright Dairy earnings rise on sales gain

30 Oct 2014

Bright Dairy & Food Co., a listed subsidiary of Chinese food group Bright Food Co., reported higher sales and earnings for the first nine months of the year.

Editor's choice: the highlights on just-food last week

20 Oct 2014

Nestle came under investor scrutiny last week after its sales missed analyst expectations - with China a central factor. Elsewhere, we looked at the international strategy of one of China's largest food makers - Bright Food - in the wake of its acquisition of Italian olive oil firm Salov. And we spoke to the president of US investment firm BBX Capital after six acquisitions in the US confectionery sector in a year.

BRICs and beyond: How Bright Food is furthering its international strategy

14 Oct 2014

State-backed Chinese food giant Bright Food Co. continued to make progress with its "go global, bring in" ambition when it acquired a majority stake in Italian olive oil manufacturer Salov Group last week. The move is typical of Bright's international strategy as the group continues to further its agenda to grow globally and bring overseas brands to Chinese consumers. Katy Askew reports.

Bright "to take full control of Weetabix"

13 Oct 2014

Chinese food giant Bright Food is reportedly preparing to take full control of UK cereal business Weetabix.

Editor's choice: the highlights on just-food last week

13 Oct 2014

just-food reported direct from the annual IGD industry convention in London this week, with a leading light in the grocery retail sector ruffling a few feathers with comments about manufacturers and retailers. Elsewhere, China's Bright Food made its latest deal in Europe, with the acquisition of Filippo Berio olive oil owner Salov and we interviewed the CEO of Finsbury Food Group after the UK baker announced a move for local peer Fletchers Group.

Bright Food takes majority control of Filippo Berio olive oil maker Salov

8 Oct 2014

Bright Food Group has acquired a "majority" stake in Italian olive oil manufacturer Salov Group from the founding Fontana family.

United Biscuits "shortlists Kellogg, Burton's, Ulker"

25 Sep 2014

Blackstone Group and PAI Partners have reportedly shortlisted three potential buyers as they look to exit their investment in UK Jacob's and McVitie's maker United Biscuits.

CHINA: Bright Food signs tie-up with Ireland's Keelings

27 Jun 2014

Chinese state-owned food giant Bright Food Group has inked a co-operation agreement with Irish produce group Keelings in a bid to tighten supply chain security.

UK: ABF acquires Dorset Cereals

5 Jun 2014

Associated British Foods is understood to have entered an agreement to acquire up-market cereal brand Dorset Cereals.

Editor's choice: the highlights on just-food this week

27 May 2014

Japan's Mizkan Group got out the chequebook again this week, with the acquisition of Unilever's North American pasta sauces business. The deal followed its 2012 purchases of brands including Branston and Haywards from Premier Foods in the UK. Elsewhere, we ran interviews with the CEOs of UK pork processor and dairy group Adams Foods.

ISRAEL: Bright Food buys majority share in Tnuva

22 May 2014

China's Bright Food, which owns a controlling interest in UK cereal maker Weetabix, has confirmed the acquisition of a majority stake in Israeli food company Tnuva.

Deal or no deal: Analysts divided on Dorset Cereals sale

10 Apr 2014

Toward the end of last week Kellogg, Weetabix and Associated British Foods were all named as potential suitors looking to buy UK cereal brand Dorset Cereals from Wellness Foods. Hannah Abdulla looks at where Dorset Cereals could next end up.

UK: Weetabix confirms plan to cut pay, hours

7 Apr 2014

Weetabix has announced plans to cut staff pay and hours in the UK, a reaction believed to be prompted by increasing pressure from supermarket own brands and discount food retailers.

UK: Bright Food acquires Australian dairy Mundella - report

13 Jan 2014

Chinese food giant Bright Food has reportedly snapped up a stake in Australian dairy Mundella Foods.

CHINA: Bright Dairy plans 40% capacity increase

3 Jan 2014

Bright Dairy & Food Co., the dairy unit of Chinese food giant Bright Food, has signalled it plans to invest in driving growth across its business by increasing production capacity by 40%.

China briefing: Multinationals vie for place at table

29 Nov 2013

With an increasingly affluent population of more than 1.36bn mouths to feed the potential offered by China's food sector is immense. But the size of the opportunity does not, in itself, guarantee success. Competition is fierce as multinational food groups and local players alike look to grow their share of this vast pie. Katy Askew examines the competitive dynamics of the Chinese food sector.

CHINA: Bright Food "will consider listing" for Weetabix

21 Nov 2013

Bright Food, the Chinese food group that owns a controlling stake in UK cereal maker Weetabix, is understood to have confirmed its interest in listing the business.

CHINA: Bright Food "in talks" to acquire Israel's Tnuva

3 Sep 2013

China's Bright Food is understood to be holding talks with Israel's largest food manufacturer and distributor Tnuva about a potential acquisition.

NZ: Synlait Milk confirms IPO, sets out plans

26 Jun 2013

New Zealand dairy ingredients and infant formula firm Synlait Milk has outlined plans for its IPO - and how it intends to spend the proceeds from the listing.

Best bits: Smithfield, McCormick keep China in the spotlight

3 Jun 2013

Investment is flowing into and from the world's emerging markets, as two transactions involving US firms Smithfield Foods and McCormick & Co. highlighted last week.

BRICs and beyond: Hershey wisely goes local in China

30 May 2013

Hershey, long criticised for the slow speed with which it entered faster-growing confectionery markets, has seen sales jump in China in recent years on the back of its homegrown chocolate brands. However, chocolate is not China's largest confectionery sector and competition is fierce. Hershey has wisely launched a candy brand targeted at Chinese consumers. Candy is crowded, too, but as, Dean Best writes, the move demonstrates the company knows products tailored to local needs could help it gain ground faster.

Best bits: Danone steps up investment in future growth

20 May 2013

In recent months, Danone has come under scrutiny for the performance of its fresh dairy operations in Europe. However, in spite of - or perhaps because of - the work needed to turn that business around, the French food giant appears to be stepping up expansion in faster-growing markets and categories.

NZ: Synlait Milk considers IPO

14 May 2013

New Zealand dairy ingredients and infant formula firm Synlait Milk, in which China's Bright Food owns 51%, is considering listing on the stock market.

IRELAND/CHINA: Glanbia, Bright Food mull tie-up but no deal yet

9 May 2013

Irish food group Glanbia today (9 May) confirmed it is working with Bright Food to look into potential ventures in the Chinese firm's home market but brushed off reports of a deal.



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