Kraft Foods Group

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Lancaster Colony installs Kraft Foods veteran Thomas Pigott as CFO as Douglas Fell moves to new role

15 Mar 2019

Lancaster Colony is installing an ex-Kraft Foods Group executive as finance chief to replace Douglas Fell who is moving to a new role.

US food stocks lift on 3G Capital M&A talk 

9 Nov 2016

Shares in US food majors including Mondelez International and General Mills rose yesterday (8 November) after Brazilian reports suggested investment firm 3G Capital is raising US$8-10bn to fund more acquisitions. 

M&A drives growth for big food companies - study

11 Jul 2016

Merger and acquisitions have become the major source for revenue growth for the world’s biggest food brands that are part of the top 50 global consumer goods companies.

Kraft Heinz, Mondelez to face wheat price-fixing suit 

28 Jun 2016

Kraft Heinz Co. and Mondelez International have been named in a second lawsuit alleging the illegal manipulation of wheat futures by the former Kraft Foods Group after a federal court in Chicago refused a motion to dismiss. 

The year in review - the news that shook the food industry in 2015

21 Dec 2015

The creation of Kraft Heinz was the stand-out M&A story of the year, although there were plenty of other significant deals, including JBS's move for European meat group Moy Park, the sale of Quorn Foods to Philippines-based Monde Nissin and Nomad Foods' two transactions in European frozen food. Elsewhere, Nestle was rocked by the Maggi recall in India, while it and a number of other companies - including Hershey - suffered amid China's economic slowdown.

The year in review - the most-clicked comment from just-food in 2015

18 Dec 2015

The emergence of 3G Capital into the food sector has shaken the industry and its latest move in 2015 - to merge Heinz with Kraft Foods Group - got people talking, us mulling the impact on the sector and you clicking. Elsewhere, we predicted the battle to buy buoyant for UK meat-free business Quorn Foods would be fierce, analysed some of the key trends in the UK foodservice and discussed how Danone would fare under its new CEO.

The year in review - the most-read just-food analysis of 2015

17 Dec 2015

From the merger that created Kraft Heinz and ConAgra Foods' decision to split in two, through Nestle's uneven sales performance and on to investment in India and China, our analysis pages got you clicking this year. Here's the top ten most-read analysis articles of 2015.

Kraft Heinz to close seven US, Canada plants, 2,600 jobs to go

5 Nov 2015

Kraft Heinz Co. is to close seven plants in the US and Canada, a move which sees 2,600 jobs axed.

Kraft Heinz sales do not wow but earnings outlook bright

17 Aug 2015

Kraft Heinz Co. last week gave some indication of the financial performance of its constituent parts when the newly-formed company published second-quarter numbers for the former Kraft Foods and HJ Heinz, the last periods as independent entities before the merger closed in July. Lacklustre sales trends remain but the group is also positioned to meet its long-term margin potential and could emerge a beneficiary of potential sector consolidation. Katy Askew reports.

Kraft Foods and Heinz post lower sales for Q2

11 Aug 2015

Kraft Foods Group and HJ Heinz both booked lower sales in the second quarter of the year, newly-combined Kraft Heinz Co. has said.

Warren Buffett cools Kraft Heinz, Mondelez talk

10 Aug 2015

Warren Buffett today (10 August) appeared to pour cold water on the prospect of Kraft Heinz Co. making a move for Mondelez International in the near term.

Kraft Heinz unveils post-merger management structure

30 Jun 2015

The Kraft Heinz Co. has revealed its senior leadership team as details emerge of how the company will operate after the merger of HJ Heinz and Kraft Foods Group is completed.

Comment: Why M&A activity looks set to rise

17 Jun 2015

The global food sector has seen an array of M&A ranging from the mega deals such as Heinz-Kraft to the more commonplace bolt-on acquisitions as large corporations gobble up smaller players to plug gaps in their portfolios. While the food sector has seen a busy period for deal-making, according to research from Ernst and Young, this could actually intensify in the next 12 months. Katy Askew reports.

Kraft, Mondelez call for dismissal of wheat price case

2 Jun 2015

Kraft Foods Group and Mondelez International have called for the dismissal of two counts of the case alleging the companies manipulated wheat prices in 2011.

HFPL plays down impact of Kraft TM ruling

28 Apr 2015

Health Food Product Ltd, the owner of the Mello Jello trade mark in India, has downplayed the impact of an intellectual property rights ruling that saw regulators order its TM removed from the lists in favour of Kraft Foods Group's Jell-O brand.

Indian regulators "back Kraft" in Jell-O TM spat

27 Apr 2015

Indian regulators have reportedly upheld Kraft Foods Group's intellectual property rights to the Jell-O brand and ordered the trademark registrar to remove the Health Food Product Ltd-owned Mellow Jello TM from its lists.

M&A Watch - Nomad's post-Iglo opportunities

23 Apr 2015

Nomad Holdings, the recently-established, UK-listed company set up by FMCG veterans Martin Franklin and Noam Gottesman to buy consumer goods firms, made its first move this week with the acquisition of European frozen food supplier Iglo Group. Stefan Kirk, just-food M&A columnist and advisor at Glenboden, weighs up where Nomad could move next.

Kraft moves again on colours in mac and cheese

20 Apr 2015

Kraft Foods Group is to remove synthetic colours and artificial preservatives from its Original Macaroni & Cheese line in the US.

Comment: Nestle reacts to world of 3G and Buffett

17 Apr 2015

Nestle must adapt to emerging consumption trends and consolidation in the food sector with an “acceleration” of its portfolio adjustment efforts, chairman Peter Brabeck-Letmathe indicated yesterday (16 April).

Heinz relaunches mustard in US push

17 Apr 2015

Heinz has relaunched its mustard in the US in a bid to grab a slice of a category in which it is not among the top eight brands.

UPDATE: Wheat price charges unlikely to hit Kraft Foods Group

2 Apr 2015

Kraft Foods Group has played down the possible impact of any penalties that could be imposed for allegedly manipulating wheat prices after charges were brought in the US against the company and Mondelez International.

Kraft, Mondelez charged with rigging wheat prices

2 Apr 2015

Kraft Foods Group and Mondelez International have been charged with manipulating wheat futures and cash wheat prices.

Food industry news of the week: Aryzta, Mondelez

2 Apr 2015

The week before Easter saw Aryzta surprise the market with news of its plan to buy 49% of French frozen food retailer Picard. M&A speculation surrounded Mondelez International, which was reported to be considering the sale of its rights to the cream cheese brand Philadelphia. Mondelez had a bad end to the week after being charged with manipulating wheat prices.

Food industry quotes of the week: Aryzta, Mondelez

2 Apr 2015

This week, bakery business Aryzta announced it was in talks to invest in French frozen food retailer Picard while the M&A rumour mill span with reports Mondelez International is considering selling its rights to the Philadelphia brand. Elsewhere, The Real Good Food Co. said it was exploring options for its under-performing sugar business Napier Brown.

Kraft changes mind on "Kids Eat Right" logo

1 Apr 2015

Kraft Foods Group has decided against plans to feature the "Kids Eat Right" logo on its Kraft Singles cheese product in the US after controversy about the relationship between the company and the association behind the campaign.

Mondelez coy on Philadelphia sale rumours

30 Mar 2015

Mondelez International has declined to comment on speculation it is planning on offloading the Philadelphia cheese brand, which it owns outside the US and Canada.

Editor's viewpoint: Why Heinz-Kraft merger could herald more deals

30 Mar 2015

The US food industry is going through a period of significant change and the major names have struggled to come up with the answers to meet new consumer habits. There have already been signs some are turning to M&A - think of the sales of Bolthouse, of Annie's and even Krave jerky last month - and the Kraft/Heinz mega-merger suggests deal-making could accelerate.

Food industry news of the week: Kraft-Heinz, Senagral

27 Mar 2015

One story dominated the headlines this week - the plans by Heinz and Kraft Foods Group to join forces and create the world's fifth-largest food and drinks group. Elsewhere, French co-ops Agrial and Eurial said their plans to combine their dairy businesses had been put on hold. There was also sad news from the French food sector with news of a fatal explosion at desserts firm Senagral.

Food industry quotes of the week: Kraft-Heinz, ConAgra, Fonterra

27 Mar 2015

The mega-merger between HJ Heinz and Kraft Foods Group took the US sector by storm this week. Elsewhere, ConAgra's results continued to show the cracks and Fonterra lowered its outlook on milk pricing. Here is just-food's week in words.

In the spotlight: Is Heinz, Kraft merger "a growth story"?

25 Mar 2015

This morning's (25 March) news HJ Heinz and Kraft Foods Group have inked a definitive merger agreement sent shockwaves through the US food sector. But, when the dust settles, what are we likely to see from the enlarged Kraft Heinz Co.? Katy Askew investigates.





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