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Comment: Sovereign, pension funds to vie for M&A with trade, PE

19 Apr 2013

Could sovereign wealth funds and pension funds become more active participants in deal-making in the FMCG industry? Perhaps so, writes Dean Best.

Deal or no deal: The likely suspects to acquire Burton's Biscuit Co.

8 Apr 2013

The private-equity owners of Burton's Biscuit Co. are "considering options" for the UK's second-largest biscuit maker, a process that could lead to an eventual sale. Katy Askew takes a look at the players for whom an acquisition of Burton's could hit the sweet spot.

NZ: Yashili New Zealand plant investment approved

2 Apr 2013

Yashili International Holdings has received the go-ahead to invest CNY1.1bn (US$176.7m) to establish a dairy processing facility in New Zealand.

just-food's outlook for 2013: Mega deals unlikely as consolidation continues

31 Jan 2013

There may be caution over the prospect for blockbuster deals in a dilapidated economic environment, but the food sector mergers and acquisitions table still has plenty to whet the appetite.

CHINA/NZ: Yashili International to build CNY1bn NZ dairy

11 Jan 2013

Yashili International is to spend CNY1.1bn (US$176.7m) to build a 52,000-tonne capacity dairy in New Zealand, via its recently established subsidiary in the country.

UPDATE: UK: Overseas investment to drive food M&A

8 Jan 2013

Analysts at Experian believe that overseas investment will maintain the momentum of mergers and acquisitions in the UK food sector.

UK: Bright Food, Weetabix deal dominates M&A scene for 2012

7 Jan 2013

Food and drink deals, particularly the acquisition of Weetabix by China's Bright Food Group, dominated large-scale merger and acquisition activity in the UK in 2012, a new report by Experian shows.

NZ/CHINA: Inner Mongolia Yili Industrial Group to buy Oceania Dairy Group - report

2 Jan 2013

China's Inner Mongolia Yili Industrial Group has announced a deal to buy New Zealand's Oceania Dairy Group and plans to build an infant formula plant in the country, according to reports.

just-food review of 2012: M&A revival but caution hinders big deals

19 Dec 2012

There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. However, a look at just-food's M&A coverage this year shows there have been few big-ticket, transformational deals.

The top ten analysis articles on just-food in 2012

18 Dec 2012

Looking behind the headlines is just-food's signature dish and this year we looked at the major stories in-depth, including the possible suitors for United Biscuits' salty snacks business; the work ahead for China's Bright Food after it bought Weetabix and the prospects for the two companies created by Kraft Foods' split in two.

UK/CHINA: Weetabix owner Bright coy amid IPO talk

6 Nov 2012

Bright Food, the Chinese food group that owns a controlling stake in UK cereal maker Weetabix, has insisted its primary focus is on expanding the brand in the country amid reports it could list the business.

Quote, unquote: just-food's week in words

8 May 2012

Bright Food, the Chinese food group, was full of confidence this week about the prospects for UK cereal firm Weetabix, its first investment in Europe after missing out on companies including United Biscuits and Yoplait. Elsewhere, Orkla explained why its CEO had resigned from the Norwegian consumer goods group, German retailer Metro Group insisted its sales were improving after it reported a quarterly loss and UK peer Morrisons said it would not chase unprofitable volumes despite a fall in like-for-like sales.

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

8 May 2012

Bright Food, the Chinese food group, this week at last planted its first flag in Europe with an investment in UK cereal firm Weetabix. Elsewhere in Europe, the CEO of Norway-based consumer goods company Orkla quit amid a disagreement with the company's board and German retailer Metro Group reported a quarterly loss. We also published our latest Sustainability Watch interview, which focused on US food giant General Mills. Click on the headlines for more.

In the spotlight: Hard work ahead for new Weetabix owner Bright Food

3 May 2012

Ambitious Bright Food, the Chinese state-backed food group, missed out on previous Western targets like United Biscuits and Yoplait but it has planted a flag in Europe with the acquisition of a majority stake in UK cereal manufacturer Weetabix. The deal could give Bright Food some Western expertise to apply to its domestic business but, as Dean Best reports, its faces a challenge in building the brand in China, where it remains early days for breakfast cereal.

CHINA/UK: Bright Food buys majority stake in Weetabix

3 May 2012

China's Bright Food has acquired a majority stake in UK cereal maker Weetabix.

just-food Confidence Survey - cost volatility and industry consolidation

30 Apr 2012

2011 was a year of commodity cost inflation and the food industry had hoped raw materials prices would fall back this year. However, in some cases, prices remain stubbornly high. The just-food Confidence Survey showed manufacturers remain determined to push through costs but competition between retailers remains intense, which could lead to a wave of consolidation in the sector.

UK: Lion Capital silent on Weetabix "sale talks" with Bright Food

23 Apr 2012

Private-equity firm Lion Capital has declined to comment on reports it is in talks to sell UK cereal manufacturer Weetabix to China's Bright Food.

Deal or no deal: Who is in the running for United Biscuits' salty snacks?

28 Mar 2012

The private-equity owners of United Biscuits are considering offloading the salty snacks side of the business may come as little surprise, with the UK group set to be split in two. With the auction process expected to begin in several months time, Katy Askew takes a look at the likely suitors for the Hula Hoops maker.

2012 - Supermarket battles to drive supplier M&A

6 Feb 2012

Some of the world's largest retailers struggled in 2011, which promises to mean even more intense competition in 2012. What could this mean for suppliers? Ultimately, it could mean the industry witnesses more consolidation this year.

AUS: Bright Food linked to NZ biscuit firm Griffin's

15 Dec 2011

Chinese food and drink group Bright Food has reportedly held talks with the private-equity owner of Griffin's over a possible deal for the New Zealand biscuit maker.

NEW ZEALAND: Synlait opens infant formula plant

22 Nov 2011

New Zealand dairy firm Synlait has opened an infant milk formula plant in Dunsandel, south of Christchurch.

In the spotlight: Bright Foods reveals global ambitions with Manassen deal

19 Aug 2011

Bright Foods announced the acquisition of Australian manufacturer Manassen Foods this week. With speculation that it has shown interest in a number of other international players hints at the scale of its plans. What exactly are Bright Foods' ambitions? Dean Best reports.

Quote, unquote: just-food's week in words

19 Aug 2011

Bright Food, the Chinese food group, has bought 75% of Australia's Manassen Foods in a major deal, a "step change" according to Roy Manassen, whose father set up the business. Elsewhere, Walkers Crisps stood by Gary Lineker in the face of reports the former striker's role in the company's advertising was set to diminish, stating: "There is no change whatsoever to Gary Lineker's role or relationship with Walkers Crisps." Here's the best of what was said on just-food this week.

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

19 Aug 2011

M&A talk has continued unabated, with ConAgra revealing its disappointment around its latest offer for Ralcorp being rebuffed. The owner of former Bright Food target United Biscuits has cooled reports that it is looking to split the manufacturer in two. Happier news for Bright Food this week, however, with the company reaching an agreement to buy Manassen Foods.

CHINA/AUS: Bright Food takes control of Manassen Foods

18 Aug 2011

Bright Food, the Chinese food group, has sealed a deal to buy 75% of Australian food manufacturer and importer Manassen Foods.

UK: Blackstone cools United Biscuits split talk

15 Aug 2011

Private-equity group Blackstone has cooled reports that it and United Biscuits co-owner PAI Partners are looking to split the UK biscuits and snack maker in two.

CHINA: Bright Food "nears Manassen Foods takeover"

15 Aug 2011

Bright Food, the Chinese food group, is reportedly set to take control of Australian branded food manufacturer and importer Manassen Foods.

AUS: Bright Food "in talks" to buy Manassen Foods

12 Jul 2011

Chinese food group Bright Food is reportedly in talks to buy Australian branded food manufacturer and importer Manassen Foods.

CHINA: Bright Dairy to build "Asia's largest dairy"

20 Apr 2011

Bright Dairy, one of China's major dairy manufacturers, is to invest about CNY1.4bn (US$214.5m) to build a new plant in Shanghai.

US/FRANCE: General Mills "to buy PAI Partners' Yoplait stake"

17 Mar 2011

General Mills is reportedly set to buy the 50% stake held in dairy business Yoplait by private-equity firm PAI Partners.



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