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M&A Watch: Why Raisio should sell to private equity

14 Aug 2014

Raisio, the Finland-based group behind brands including Benecol, Honey Monster cereals and Fox's confectionery, has, in recent years, tried to grow via M&A. However, Stefan Kirk of M&A advisors Glenboden questions the company's strategy and believes it should be sold to a private-equity firm to unlock value.

FINLAND: Raisio confirms Glisten plant closure

22 Oct 2013

Finnish food group Raisio has confirmed its Glisten confectionery site in the UK town of Skegness will close.

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

1 Jul 2013

General Mills unveiled plans for a raft of new products last week as it seeks to improve sales across its business, particularly in the Yoplait owner's yoghurt division. There was a major piece of consolidation in the French dairy sector this week, with dairy co-ops Sodiaal and 3A to merge. We discussed FrieslandCampina's sustainability strategy with its CSR director, while we also interviewed the CEO of The Bart Ingredients Company about his moves to revitalise the UK firm.

The most-read interviews on just-food in 2011

23 Dec 2011

2011 was again a year in which just-food discussed the key industry issues with the leading lights in the sector. From the creation of meat-free firm Quorn Foods to Ferrero's ambitions in the UK and from Kraft Foods' plans in the key emerging market of South Africa to sustainability strategies with Ahold and Kellogg, we interviewed some of the top players in the industry this year. Click on the links for more and check out all our featured interviews for 2011 here.

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

11 Feb 2011

Commodity costs was a central theme this week and the likes of Kraft Foods and PepsiCo, announcing their annual results, said the pressure, which began in earnest in the second half of 2010, would continue into 2011. Meanwhile, the race for Yoplait heated up, with nine bids coming in for the yoghurt brand. Premier Foods sold off another asset, this time offloading its canned grocery business to Princes. And, on our insight pages, we took a look at the UK convenience retail channel, the debate over eco-labelling and spoke to French dairy business Candia about operating in north Africa and the Middle East.

The just-food management briefing - healthy snacking - NPD

29 Nov 2010

Given the highly competitive nature of the snack foods market, levels of innovation and new product activity have traditionally been on the high side.

FINLAND: Raisio bullish as Q1 dips

4 May 2010

Finnish food group Raisio today (4 May) insisted that it would expand revenues during fiscal 2010, despite booking a drop in first-quarter sales.

UK: Glisten sees sales progress, appoints chairman

10 Dec 2009

UK snack group Glisten announced today (10 December) that David Wallis will succeed Jeremy Hamer as chairman, with immediate effect.

INSIGHT: Halo weighs on Glisten FY – CEO

2 Nov 2009

Glisten's chief executive has revealed that issues at the group's Halo Foods business coupled with depressed demand due to the economic downturn dented profitability at the UK snack group, which today (2 November) posted a 49% drop in pre-tax profits.

UK: Glisten FY profits plummet

2 Nov 2009

UK snack group Glisten said today (2 November) that its full-year earnings were down by almost one-third and pre-tax profit almost halved, despite stable revenues.

UK: Glisten savoury MD hails new unit

29 Sep 2009

Glisten has announced plans to unify its savoury snack businesses into a single operating unit.

UK: Glisten reassures on reporting issues

26 Aug 2009

Glisten has moved to reassure the market after inaccurate reporting issues at its Halo Foods business forced the UK confectioner to delay the release of its preliminary results.

UK: Glisten lowers guidance, suspends executives

26 Jun 2009

UK food group Glisten has reduced its profit forecasts for the full year and suspended two executives as a result of finding failures in management and accounting processes at one of its subsidiaries.

UPDATE: UK: Glisten CFO upbeat despite margin pressure

23 Mar 2009

UK snack maker Glisten has remained upbeat on its outlook for the full-year, despite posting half-year profits that were down by about one-third.

UK: Glisten focuses on value to ride out recession

23 Mar 2009

UK snack group Glisten has said it expects the introduction of new value products to see it through the current recession after seeing half-year profits fall.

UK: Glisten warns H1 profits to fall

19 Jan 2009

UK snacks and confectionery maker Glisten warned today (19 January) that half-year profits would fall after lower volumes led to the “under-recovery” of overheads.

UK: Glisten has “reasonable” start to year

13 Nov 2008

UK snacks and confectionery maker Glisten said today (13 November) it had enjoyed a "reasonable" start to the year with sales 15% ahead of last year.

UK: Glisten launches Fruitus fruit bars

4 Nov 2008

Lyme Regis Fine Foods, a division of UK healthy snack maker Glisten, has extended its Fruitus brand with the addition of a range of Chewy Fruit Bars.

UK: Glisten backs strategy after healthy profit jump

8 Sep 2008

Glisten, the UK snacks and confectionery firm, has pointed to its focus on the healthy and premium parts of the sector for its rising annual sales and earnings over the last 12 months.

UK: Glisten launches Sun-Maid Fruit Fingers

9 Jun 2008

UK-snack group Glisten has launched Sun-Maid branded Fruit Fingers.

UK: Glisten focuses on NPD with Fruitus launch

16 Apr 2008

Glisten subsidiary Lyme Regis Fine Foods has launched an extension to its Fruitus line of healthy fruit snack bars in an attempt to grow sales.

Just the Answer - Dave Brooks, Finsbury Food Group

18 Mar 2008

Finsbury Food Group, the UK cake maker, has thrived despite soaring commodity costs and growing concern among consumers over following a more balanced diet. Chief executive Dave Brooks told Dean Best about the reasons behind the success of the business and why he believes Finsbury is well-placed to grow despite an ever-more turbulent operating environment.

UK: Acquisitions cheer candy firm Glisten

11 Mar 2008

UK snack and confectionery group Glisten has reported a 13% increase in half-year sales thanks to contributions from recent acquisitions.

UK: Glisten buys two more snack firms

6 Nov 2007

Fledgling UK confectioner Glisten has snapped up two local savoury snack firms.

EUROPE/US: Healthy snacks popularity to grow, says study

21 Sep 2007

Demand for healthier snacks in Europe and the US is set to continue, according to research in the sector.

UK: Glisten eyes doubling of branded sales

11 Sep 2007

Glisten is looking to double its branded sales over the next 12 months, the UK snack foods and confectionery group has told just-food.

UK: Snacks firm Glisten books rising FY profits

10 Sep 2007

Glisten has posted rising annual profits on the back of growing demand for healthier snacks and confectionery, the UK company said today (10 September).

UK: Glisten moves into "premium savoury snacks"

7 Sep 2007

UK confectionery and snacks group Glisten has bought local nuts and snacks firm Dormen Foods for GBP7.45m (US$15.1m).

UK: Glisten forms JV to buy Skinny Candy

7 Sep 2007

UK confectionery and snacks group Glisten has formed a joint venture with “lite” confectioner Skinny Candy.

UK: Glisten focuses on ‘build and buy’ strategy

13 Mar 2007

Posting record interim results yesterday (13 March), UK confectionery and snack company Glisten said that it is focusing on a ‘build and buy’ strategy and added that it is on the look-out for acquisitions to enhance its healthy product range.

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