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

Wal-Mart, as it often does, this week shook up the US grocery sector with its plans to make a swathe of its private-label products healthier...

Tate, Kerry could move for unwanted Danisco assets

The industrial use of enzymes appears to be the central reason for DuPont's planned US$5.8bn takeover of Danisco - but the acquisition, anal...


just-food.com | 25 Feb 2011

Aside from the soundbites from the CAGNY investment conference in Florida this week, the last five days have been rounded out with results from Wal-Mart Stores, Kerry Group and Safeway Inc.


Dean Best | 22 Feb 2011

Kerry Group has indicated that it is interested in some of the ingredients assets owned by Danisco, the Danish company that has accepted a US$5.8bn takeover bid fom US chemicals group DuPont.


just-food.com | 20 Aug 2010

Wal-Mart posted its second quarter results this week, and to the relief of many manufacturers it announced it is looking to return a number of products that were delisted as part of its Project Impact initiative.


David Robertson | 28 Jan 2002

The largest food manufacturer in Australia has promised shareholders that it will shape up. But what exactly does that mean for Goodman Fielder and its subsidiaries? And is investor excitement prompted by the radical restructuring plans, the inspirational leadership or the rumours of a possible takeover? just-food.com's David Robertson finds out more.

Latest Interviews

Ben Cooper | 30 Jul 2010

If tackling environmental problems is about finding new solutions to make damaging production and consumption a thing of the past, linking sustainability with product development is a must. Jeff Hogue, vice president of corporate sustainability at Danisco, spoke with Ben Cooper about how the Danish ingredients specialist is making innovation a key pillar of its sustainability strategy.

Latest News

Dean Best | 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.


Michelle Russell | 1 May 2012

US chemicals group DuPont has acquired full ownership of soy ingredients maker Solae from joint-owner Bunge for around US$440m.


Dean Best | 26 Jul 2011

US conglomerate DuPont has refused to be drawn on reports that it and agribusiness giant Bunge are looking to sell their soy products venture Solae.


Dean Best | 8 Jun 2011

The chief executive and CFO of food ingredients company Danisco are to leave the Danish firm next week.


Dean Best | 2 Jun 2011

Speculation that US agribusiness giant Bunge could be ready to bid for UK ingredients maker Tate & Lyle has been met with uncertainty in the City.


Dean Best | 20 May 2011

DuPont, the new owner of Danish food group Danisco, has set out its plan to create a "premier" food ingredients and food safety business.


James Jordan | 20 May 2011

Wal-Mart Stores is still struggling in the US but it has found a bright spark in the positive comparable sales in its food division. Similarly, this week, Carrefour talked up its ability to turnaround the more sluggish aspects of its businessWal-Mart Stores is still struggling in the US but it has found a bright spark in the positive comparable sales in its food division. Similarly, Carrefour talked up its ability to turnaround the more sluggish aspects of its business this week.


Dean Best | 16 May 2011

US chemicals group DuPont has secured the backing of Danisco shareholders for its bid to buy the Danish food ingredients group.


just-food.com | 9 May 2011

DuPont's bid to acquire Danisco is facing a fresh challenge after US hedge fund Elliott Associates increased its stake in the Danish food ingredients group above 10%.


just-food.com | 6 May 2011

This week has been marked by some high profile acquisition plays with ConAgra Foods making its desire to acquire Ralcorp Holdings known and DuPont making its final offer for Danisco. Meanwhile, the UK recovered from the four-day hangover of the Royal Wedding and May bank holiday, a period, which retailer Morrisons said provided it with its two largest trading days of the year so far


just-food.com | 6 May 2011

This week has been marked by some high profile acquisition plays with ConAgra making its desire to acquire Ralcorp known, and Dupont made its final offer for Danisco. Meanwhile, the UK recovered from the four-day hangover of the Royal Wedding and May bank holiday, a period, which Morrisons said provided it with its two largest trading days of the year so far. Here's the best of what was said this week:


just-food.com | 3 May 2011

DuPont has tabled its "final" takeover offer for Danisco after shareholders in the food ingredients maker refused to accept its original bid for the company.


Dean Best | 26 Apr 2011

US hedge fund Elliott Associates has bought a 4.9% stake in food ingredients group Danisco, which is the subject of a US$5.8bn takeover bid from chemicals giant DuPont.


just-food.com | 5 Apr 2011

US chemicals group DuPont has secured EU approval for its proposed acquisition of Danisco, the Denmark-based food ingredients maker.


Dean Best | 31 Mar 2011

US chemicals group DuPont has put back the deadline for Danisco shareholders to accept its US$5.8bn takeover bid as EU and Chinese regulators look at the deal.


Dean Best | 30 Mar 2011

Kerry Group could spend up to EUR1.5bn on acquisitions in 2011, the Irish food maker's CFO has revealed - although he suggested the company would look at deals of "any size" in its sectors.


just-food.com | 17 Mar 2011

Food ingredients group Danisco today (17 March) upped its full-year sales and profit targets after enjoying what its chief executive described as a "strong" third quarter.


just-food.com | 25 Feb 2011

The annual CAGNY investment conference, where leading US food manufacturers meet Wall Street analysts to discuss company performance and outlook, dominated our coverage this week - but the likes of US retailers Wal-Mart Stores, Safeway Inc and Maple Leaf Foods grabbed the headlines with their 2010 results. Elsewhere, Kerry Group indicated it could be interested in Danisco's ingredients assets and United Biscuits announced plans to cut jobs in the UK. Click on the headlines for more.


just-food.com | 22 Feb 2011

Irish food maker Kerry Group this morning (22 February) posted what it dubbed "excellent" financial results for 2010, with sales and profits rising in its consumer and ingredients divisions.


just-food.com | 21 Jan 2011

Wal-Mart's healthy-eating drive grabbed the headlines this week and prompted speculation about what impact its plans could have on rival retailers and suppliers. M&A speculation swirled around Cargill and Tate & Lyle, as well as Green & Black's, the organic chocolate business once owned by Cadbury but now owned by Kraft Foods. Elsewhere, Glanbia did seal one deal, buying US sports-nutrition business BSN.


just-food.com | 19 Jan 2011

Cargill has been named as a potential bidder for Tate & Lyle and Danisco, the Danish food ingredients maker that last week agreed a sale to DuPont, the US chemicals group.


just-food.com | 14 Jan 2011

Rising commodity prices: should we be concerned? That is a key question facing the food industry. Again this week there was much comment on the issue and the possible impact on the sector. Sainsbury's boss Justin King, for instance, warned suppliers they would have to work hard to justify price increases. Meanwhile, the UK retailer, widely seen to have outperformed its rivals over Christmas, issued its festive numbers this week, alongside the likes of Tesco, M&S and Morrisons.


just-food.com | 10 Jan 2011

The board of food ingredients group Danisco today (10 January) backed the US$5.8bn takeover bid from US chemicals group DuPont.

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