Hillshire Brands

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Focus: ConAgra own-label exit plan is about growth

ConAgra Foods announced that it will sell off its loss-making private label business yesterday (30 June) in a move that, the company said, w...

Comment: US legacy brands still have pulling power

Up-and-coming categories and companies are increasingly setting the pace in the US food sector. Demand for natural, healthy, fresh and susta...

Dean Best | 16 Feb 2015

It was a bumper week of 2014 financial results, particularly from the US, but a flurry of announcements - including some surprise admissions - from across the pond on Thursday perhaps best served to underline the challenges facing mainstream food manufacturers in the country.

Dean Best | 21 Nov 2014

Brazil-based JBS is already the world's largest meat supplier but it has its sights on growing further in value-added products and in Asia - and has turned to a business in Australia to help it achieve that goal.

Katy Askew | 18 Jun 2014

Sales in the frozen aisle have been lacklustre in the US for some years. However, increased competitive activity from the likes of Nestle, ConAgra Foods and Tyson Foods could help rejuvenate the sector, Katy Askew suggests.

Katy Askew | 10 Jun 2014

Tyson Foods has won through in the bidding war to acquire Hillshire Brands with an improved US$63 per share offer for the for the Jimmy Dean maker. But, at 16.7x EBITDA, is the lofty price of US$8.55bn overly inflated? Katy Askew investigates.

Latest News

Hannah Abdulla | 13 Jul 2015

Tyson Foods unit Van's International Foods has agreed up to US$9m in settlement fees over a class lawsuit that alleged it "falsely advertised" products as natural when they "included a synthetic ingredient".

Katy Askew | 5 May 2015

Tyson Foods reported higher first-half earnings on the back of a jump in revenue at its prepared foods unit, where sales were lifted by last year's acquisition of Hillshire Brands.

Dean Best | 13 Feb 2015

Former Hillshire Brands chief executive Sean Connolly has been appointed the new CEO at ConAgra Foods.

Katy Askew | 30 Jan 2015

Tyson Foods said it made a "great" start to the year, as sales and earnings rose in the wake of its acquisition of Hillshire Brands.

Dean Best | 30 Jan 2015

In the first of the week's big deals, Post announced the acquisition of MOM brands, a fellow US breakfast cereal manufacturer. Post said the buy would cement its position as the third-largest cereal maker in the US.

Dean Best | 16 Dec 2014

Our analysis of the key developments and trends in emerging markets - both within the countries and how local companies are eyeing expansion - attracted your attention in 2014.

Dean Best | 15 Dec 2014

The takeover battles for Chiquita Brands International and for Hillshire Brands were among the stories that grabbed your interest in 2014.

Hannah Abdulla | 5 Dec 2014

Tyson Foods has announced the re-opening of its turkey processing plant in Storm Lake, Iowa, after a fire saw it idled for eight months.

Hannah Abdulla | 17 Nov 2014

Tyson Foods has delivered an increase in annual sales and profits, with the year ending with underlying fourth-quarter earnings per share that beat analyst forecasts.

Dean Best | 28 Aug 2014

Tyson Foods has agreed to sell its sow purchasing business in order to secure regulatory clearance of its acquisition of Hillshire Brands.

Dean Best | 14 Aug 2014

PepsiCo has insisted a lawsuit over the Aunt Jemima brand seeking US$2bn in royalties is "without merit".

Dean Best | 14 Aug 2014

US food group Hillshire Brands, set to be taken over by meat giant Tyson Foods, has reported a year of increasing sales and profits.

Katy Askew | 5 Aug 2014

US food group Hillshire Brands is launching a line of "premium" all-natural lunchmeat.

Dean Best | 31 Jul 2014

US poultry processor Pilgrim's Pride has reported higher half-year profits as a lower cost of sales helped offset a dip in sales.

Hannah Abdulla | 30 Jul 2014

Hillshire Brands has extended its Jimmy Dean line beyond the breakfast table with the launch of lunch and dinner offerings.

Hannah Abdulla | 7 Jul 2014

This week, Treehouse Foods announced a deal to buy US private-label peer Flagstone Foods. In other M&A news in the US, Tyson Foods and Hillshire Brands finalised an agreement over a takeover of the Jimmy Dean meats manufacturer. Chinese firm Huaxia Dairy and ethnic foods supplier Shazans both announced expansion following investments in the companies. Elsewhere, Burton's Biscuit Co. was in hot water with union officials after announcing 64 jobs were to go at its Edinburgh site.

Katy Askew | 2 Jul 2014

Tyson Foods and Hillshire Brands today (2 July) entered into a "definitive" agreement that will see the US meat processor acquire the maker of Jimmy Dean sausages for US$8.55bn.

Katy Askew | 1 Jul 2014

Pinnacle Foods plans to use the break-up fee it will receive from the termination of its proposed agreement to be sold to Hillshire Brands to lower its debts.

Dean Best | 17 Jun 2014

US poultry processor Pilgrim's Pride has confirmed it is still looking to make acquisitions after pulling out of the race to buy Jimmy Dean sausage maker Hillshire Brands.

Katy Askew | 16 Jun 2014

Free-from has been a focus for just-food this week. Growing awareness of dietary issues are propelling demand for free-from products from lifestylers and consumers with intolerances or allergies alike.

Katy Askew | 12 Jun 2014

Pinnacle Foods has opened an R&D pilot plant at Rutgers University in a move it said would increase its R&D capacity, improve speed to market and advance its "mission" to "reinvigorate iconic brands".

Katy Askew | 9 Jun 2014

Tyson Foods has confirmed that, following the conclusion of a competitive bidding process, it has submitted a US$8.55bn binding offer to acquire Hillshire Brands.

Katy Askew | 9 Jun 2014

Tyson Foods has reportedly raised its bid for Hillshire Brands, outbidding rival Pilgrim's Pride in the battle to take control of the Jimmy Dean maker.

Hannah Abdulla | 6 Jun 2014

Several major deals were struck this week including ABF's buy of Dorset Cereals and Cloetta's acquisition of Aran. Pilgrim's Pride upped its bid for Hillshire Brands. Elsewhere Cloetta has been accused of using "sneaky" marketing tactics to sell its sugary Chewits product. Mondelez on the other hand pulled its Bar and a Half product in a bid to reduce per person calorie intake.

Latest blogs

Dean Best | 15 Mar 2015

Nestle, Danone, Kerry Group and Tyson Foods are among the multinational consumer goods manufacturers presenting next week at the Consumer Analyst Group of Europe conference in London - of which just-food and sister site just-drinks.com are the exclusive media partners.

Hannah Abdulla | 29 Aug 2014

Tyson Foods has completed its US$8.55bn acquisition of Hillshire Brands, with shares in the Jimmy Dean sausage maker delisted before the market opened today (29 August) - and its CEO leaving the business.

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