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Is the Bell Food Group-Huegli deal a win-win?

Andy Coyne looks at the motives behind Bell Food Group's acquisition of Huegli and asks whether both parties are likely to benefit from this...

Dean Best | 26 Apr 2011

Lactalis threw down the gauntlet - and blew away any post-Easter cobwebs on consumer goods newsdesks in Europe - in the battle for the ownership of Italian dairy group Parmalat this morning (26 April) with a takeover bid for the entire business.

Latest Interviews

Dean Best | 28 Apr 2011

Huegli, the Swiss food group that makes products from soups to sauces and ready meals to desserts, reported its "best-ever" profits in 2010. The company, however, kicked off 2011 with falling sales, with a marked decline in Germany its biggest international market. In this month's just the answer, Dean Best discussed Huegli's performance in 2010 - and its prospects this year - with CFO Andreas Seibold.

Latest News | 16 Feb 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Andy Coyne | 15 Jan 2018

In an all-Swiss deal, convenience foods supplier Bell Food Group has acquired Dr. A. Stoffel Holding, the majority shareholder in local peer Hügli.

Dean Best | 18 Aug 2017

Switzerland-based food and drinks group Hügli Holding today (18 August) reported lower first-half sales and earnings, with its domestic business, as well as its operations in Germany, Italy and the UK, weighing on the results.

Katy Askew | 11 Apr 2017

Intensifying competition in key markets such as Germany and an increase in investment dented Huegli's earnings performance despite higher sales in 2016. 

Dean Best | 31 Jan 2017

Hügli Holding, the Switzerland-based food group, is embarking on changes to its business structure in a bid to boost its profitability after a year in which margins declined.

Katy Askew | 18 Nov 2016

Swiss group Hügli has reduced its expectations for 2016 after sales dropped by 1.6% in the first nine months of the year. 

Katy Askew | 24 Aug 2016

Hügli Group has acquired an 80% stake in Dutch foodservice supplier Bresc, in a deal that expands the Swiss company's geographical reach and scales up its foodservice operations. 

Dean Best | 19 Aug 2016

Hügli Holding, the Swiss food group, today (19 August) revised its expectations for annual sales and EBIT, with the company saying investment will dent its operating profit.

Katy Askew | 13 Apr 2016

Hügli, the Swiss dry blend convenience food group, reported lower earnings for 2015 despite higher constant currency sales as forex wiped out gains. 

Hannah Abdulla | 27 Oct 2015

Huegli's head of division consumer brands, Matthias Grun, has left his post over what the Swiss food maker called "differing views" on strategy.

Hannah Abdulla | 29 Jan 2015

Swiss food group Huegli has reported and increase of 3.6% in organic sales for the full year 2014.

Katy Askew | 17 Dec 2014

Hügli has moved to "strengthen" its natural food business through the acquisition of PrimaVita from Bioherba Group.

Hannah Abdulla | 15 Apr 2014

Swiss food firm Huegli has recorded profit growth of 38.8% for the full year 2013 at CHF20.8m (US$23.6m).

Hannah Abdulla | 30 Jan 2014

Swiss food firm Huegli has posted a profit increase of 13.1% at CHF367m (US $410m) for 2013.

Dean Best | 20 Aug 2013

Switzerland-based soups and sauces group Huegli saw M&A boost its first-half revenues but the company admitted organic sales were "disappointing".

Katy Askew | 17 Apr 2013

Swiss food group Hügli has booked a steep decline in 2012 profits, but insisted it has got off to a strong start in the first quarter of 2013.

Chris Mercer | 29 Jan 2013

Switzerland-based food group Huegli reported a 2% drop in sales for 2012, but added that it has recovered from a "slump" in the third-quarter of the year.

Dean Best | 9 Nov 2012

Swiss food manufacturer Huegli has said its 2012 profits will not hit its forecasts after a drop in sales in recent months.

Chris Mercer | 17 Aug 2012

Swiss food manufacturer Huegli has blamed higher commodity costs for a plunge in half-year profits.

Dean Best | 12 Apr 2012

Swiss food manufacturer Huegli has predicted an increase in profits this year after raw material costs led to a fall in earnings in 2011.

Dean Best | 27 Jan 2012

Huegli, the Switzerland-based food maker, saw its underlying sales growth speed up in the second half of the year thanks to its private-label and B2B divisions.

Sam Webb | 16 Aug 2011

Switzerland-based food manufacturer Huegli has seen half-year profits slump due to climbing raw-material prices and the strength of the Swiss franc.

Michelle Russell | 21 Jun 2011

Swiss food maker Huegli has replaced the head of its industrial foods division. | 14 Apr 2011

Swiss food maker Huegli today (14 April) revealed that its revenues in the first quarter of this year had fallen by over 15% due to softer sales in Germany and the impact of currency exchange. | 21 Feb 2011

Swiss food manufacturer Huegli has announced that it plans to double the size of its UK head office and on-site production facilities. | 27 Jan 2011

Swiss food group Huegli saw recorded a sales fall during 2010, hit by a strong Swiss franc. | 13 Aug 2010

Swiss food maker Huegli today (13 August) booked record half-year profits on better sales and tight cost control but warned the strength of the Swiss franc would hit annual turnover.

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