Goodman Fielder

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Wilmar International to buy out Goodman Fielder co-investor First Pacific

11 Mar 2019

Goodman Fielder, the Australia-based food manufacturer behind brands including Helga's bread and Meadow Fresh milk, is set to see a change in its ownership.

Goodman Fielder co-shareholder 'mulling exit'

17 Sep 2018

First Pacific, the Hong Kong investment fund, is reportedly looking to sell its 50% in Australia-based food manufacturer Goodman Fielder.

ABF, Goodman Fielder 'eyeing Australian baker Allied Pinnacle'

6 Jul 2018

Associated British Foods and Goodman Fielder are reported to be ready to make bids for Australia-based bakery business Allied Pinnacle.

Goodman Fielder seeks NZ rights to Yoplait

22 Jun 2018

Australia-based food manufacturer Goodman Fielder is looking to acquire the rights to the Yoplait brand in New Zealand.

Murray Goulburn confirms approaches from suitors

21 Sep 2017

Up-for-sale Australian dairy processor Murray Goulburn has confirmed it has had approaches from a number of suitors interested in either buying some assets or taking over the whole co-operative.

Goodman Fielder, Bega Cheese, Parmalat 'eye Murray Goulburn assets'

6 Sep 2017

Dairy companies including Australia’s Goodman Fielder and Bega Cheese, as well as Italian giant Parmalat, are reported to be eyeing under-pressure Aussie cooperative Murray Goulburn.

Goodman Fielder proposes shake-up of New Zealand operations

8 Jun 2017

Australia-based food group Goodman Fielder today (8 June) announced proposals for a shake-up of its operations in New Zealand, including the closure of two bakery sites and investment in other facilities.

Goodman Fielder set for over 200 redundancies in shake-up

18 Jan 2017

Australia-based food group Goodman Fielder has announced a shake-up of its baking business across the country, which is expected to lead to more than 200 redundancies.

Goodman Fielder to close Australia bakery plant

13 May 2016

Goodman Fielder, the Australia-based food group, is to shut a bakery in its domestic market, moving production to plants in the cities of Canberra and Sydney.

How could TPP affect dairy processors? - analysis

1 Dec 2015

The details of the Trans-Pacific Partnership trade deal have been released and, speaking to dairy industry representatives and analysts across the markets affected, we analyse what impact the agreement could have on the sector.

Goodman Fielder CEO Delaney resigns

18 Mar 2015

Goodman Fielder has announced the appointment of a new CEO following the resignation of Chris Delaney.

Wilmar books higher profits, lower revenue from consumer arm

13 Feb 2015

Wilmar International, the agribusiness giant set to buy Australia's Goodman Fielder, has booked lower sales but higher profits from its existing consumer business in 2014.

Goodman Fielder sees lower costs offset by price drops

11 Feb 2015

Australian bakery-to-dairy group Goodman Fielder has reported flat first-half profits after lower dairy and wheat costs were offset by falling prices.

Wilmar International reports mixed consumer results

11 Nov 2014

Wilmar International, the agribusiness giant set to buy Australia's Goodman Fielder, has booked lower sales but higher profits from its existing consumer business in the first nine months of the year.

AUS: Goodman Fielder reveals "disappointing" FY results

13 Aug 2014

Impairment and restructuring charges have pushed Goodman Fielder to an annual loss of A$405m - but the Australia-based food group also saw commodity costs hit underlying profits.

AUSTRALIA: Goodman Fielder backs reduced Wilmar, First Pacific offer

2 Jul 2014

Goodman Fielder's board has recommended shareholders accept a reduced takeover offer from Wilmar International and First Pacific.

NEW ZEALAND: Goodman Fielder eyes Asia Pacific growth with UHT investment

13 Jun 2014

Goodman Fielder is increasing its production capacity of UHT milk as it eyes expansion opportunities in the Asia Pacific region.

Editor's viewpoint: Why sale the best bet for Goodman Fielder

19 May 2014

For the more patriotic sections of Australia's food industry, there is likely to be some dismay at the prospect of another local food company falling into overseas ownership. But the proposed sale of Goodman Fielder, one of the country's largest food manufacturers, looks to be the right move for its shareholders - and for the business as a whole.

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

19 May 2014

The week kicked off with a significant deal in the US food industry, with Hillshire Brands striking a deal to buy Pinnacle Foods. In Australia, Goodman Fielder ended the week with an announcement its board had decided to give its support to a takeover offer from Singapore agribusiness giant Wilmar International and First Pacific, the Hong Kong investment fund.

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

19 May 2014

This week we returned from Vietnam after exploring the country's dairy sector. Russia hit the headlines once again as its EU pork ban weighed heavy on Danish Crown's list of woes, and its ongoing battle with Ukrainian confectioner over seized assets continued. Win-wise, Wilmar celebrated after a revised takeover bid for Goodman Fielder was accepted and elsewhere Bon-Bon Buddies secured a UK distribution deal with Italian confectioner Zaini. Here is the week in quotes.

AUS: Goodman Fielder board backs Wilmar, First Pacific bid

16 May 2014

The board of Australian food group Goodman Fielder today (16 May) gave its support to the latest takeover offer from Singapore agribusiness Wilmar International and First Pacific, the Hong Kong investment fund.

UPDATE: AUS: Wilmar confirms higher bid for Goodman Fielder

15 May 2014

Singapore agribusiness giant Wilmar International today (15 May) confirmed it and bid partner First Pacific, the Hong Kong investment fund, have lifted their bid for Australian food group Goodman Fielder.

AUS: Goodman Fielder mulls fresh bid

15 May 2014

Goodman Fielder, the Australian food group, today (15 May) requested trading in its shares be halted as it considers an offer for the business.

SINGAPORE/AUS: Wilmar to persevere after Goodman Fielder rejection

29 Apr 2014

Singapore agribusiness giant Wilmar International has said it will try to hold talks with the Goodman Fielder board about its interest in buying the business after the Australian food manufacturer brushed off a A$1.27bn bid.

AUS: Goodman Fielder rejects Wilmar, First Pacific bid

28 Apr 2014

Australia-based food group Goodman Fielder has rejected a takeover bid from Singapore agribusiness giant Wilmar International - a shareholder in the business - and Hong Kong investment firm First Pacific.

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

7 Apr 2014

Unilever's business in South Africa was in the spotlight this week after it emerged its offices were raided as part of a probe into collusion. Elsewhere, there were two notable M&A deals in dairy, with Arla Foods looking to merge with Belgium-based EGM Walhorn and Lactalis's Parmalat bolstering its business in Australia with the acquisition of Harvey Fresh.

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

7 Apr 2014

This week, Tesco CFO Laurie McIlwee ended weeks of speculation over his future after handing in his resignation. Elsewhere, Kellogg was one of the three manufacturers linked to the rumoured sale of Dorset Cereals and Arla announced a proposed merger with EGM Walhorn.

AUS: Goodman Fielder issues profit warning, jobs to go

2 Apr 2014

Shares in Australian food firm Goodman Fielder plunged 22% today after the bread-to-dairy manufacturer announced it would not meet profit expectations for its 2014 financial year.

AUS: Goodman Fielder turnaround hindered by "challenging" market

12 Feb 2014

Goodman Fielder has said improved profitability in its core business has been offset by "challenging business conditions" and costs associated with the Australian food group's turnaround programme.

NZ: Goodman Fielder hopes to minimise NZ meats job losses

11 Feb 2014

Goodman Fielder has said it will attempt to minimise the job losses stemming from the sale of its New Zealand meat unit to sausage and bacon supplier Hellers.

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