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UK: Rachel's rolls out limited-edition yoghurt

22 Dec 2010

Lactalis-owned Rachel's has launched a limited edition "fat-free" yoghurt for the UK market.

The just-food management briefing - M&A in 2010 - a year in review

20 Dec 2010

Kraft Foods' move to buy Cadbury in January failed to spark a burst of M&A activity in the food industry, as economic conditions continued to dampen attitude to risk. As the year progressed, however, and confidence returned, the pace of acquisitions picked up. But as Dean Best reports, the nature and rationale behind the deals has altered significantly.

The just-food management briefing - M&A in 2010 - a timeline

20 Dec 2010

There have been over 640 stories in just-food's M&A section since April this year covering everything from industry-changing mergers to bolt on acquisitions and brand disposals. This section to the briefing tracks the major moves through the year by looking at all the deals that were put under scrutiny in our insights section.

The just-food management briefing - M&A in 2010 - a timeline, part II

20 Dec 2010

As we headed into September, there was uncertainty about the prospects for M&A activity, with analysts at KPMG suggesting the value of deals in the food, drink and consumer goods space in the second quarter stood at just under US$19bn - down from the $49bn of deals recorded in the first three months of the year. However, the last months of 2010 saw a number of key pieces of M&A - notably the merger of Greencore and Northern Foods - and deals signed to see PepsiCo buy Wimm-Bill-Dann and a private-equity consortium by Del Monte Foods.

Best bits: Arla's merger plans show M&A bubbling as year ends

20 Dec 2010

The consolidation seen in Europe's dairy sector in 2010 was marked with a final flourish in the last weeks of the year on Friday (17 December) with Arla Foods' announcement that it plans to merge with Germany co-op Hansa-Milch.

US: General Mills ups calcium in Yoplait yoghurt

14 Dec 2010

US food manufacturer General Mills has reformulated its Yoplait original yoghurt to include more calcium.

FRANCE: Government "eyes minority stake in Yoplait"

7 Dec 2010

The French government is reportedly mulling plans to buy a minority stake in yoghurt maker Yoplait.

FRANCE: Yoplait head says Nestle "ideal" partner

22 Nov 2010

The CEO of French dairy manufacturer Yoplait has described Nestle as its "ideal" partner, as part-owner PAI Partners looks to sell its stake in the company, according to reports.

Best bits: Heinz eyes China, Greencore glee at Northern merger

22 Nov 2010

On Friday afternoon (19 November), Heinz issued second-quarter numbers that highlighted perfectly the unequal nature of the global recovery.

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

19 Nov 2010

The merger between Greencore and Northern Foods, the race to own Yoplait, reform of Europe's farm policy and Unilever's new push on sustainability all got people talking this week. Here is the best of who said what.

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

19 Nov 2010

In the week that just-food kicked off its Open House period, the food sector saw a merger with implications on both sides of the Atlantic with the deal between Greencore and Northern Foods. In the US, Heinz, JM Smucker and Wal-Mart Stores reported their latest numbers to Wall Street. And, in Europe, the battle for yoghurt brand Yoplait intensified when Lactalis tabled a EUR1.4bn (US$1.91bn) - that was swiftly rejected - while the EU launched plans to reform farm policy.

FRANCE: Sodiaal, PAI Partners dismiss Lactalis's Yoplait bid

18 Nov 2010

Yoplait's joint shareholders Sodiaal and PAI Partners have rejected Lactalis's bid for the entire capital of the yoghurt maker.

Comment: Lactalis pursuit for Yoplait unlikely to be smooth

18 Nov 2010

Lactalis, the privately-owned French dairy giant and owner of brands from President cheese and UK organic business Rachel's, has fired the starting gun on the race for global yoghurt brand Yoplait.

UPDATE: FRANCE: Sodiaal stands firm on Yoplait stake

17 Nov 2010

French co-operative dairy group Sodiaal has reiterated that it has no intention of selling any part of its 50% stake in yoghurt maker Yoplait.

FRANCE: Lactalis submits bid for Yoplait

17 Nov 2010

French dairy group Lactalis has submitted an offer for the entire share capital of Yoplait.

FRANCE: Nestle, Lactalis "mull joint bid for Yoplait"

4 Nov 2010

Nestle and Lactalis are reportedly mulling a joint bid for the 50% stake currently held by PAI Partners in French yoghurt and milk desserts maker Yoplait.

SPAIN: Lactalis gets green light for Sanutri baby-food buy

3 Nov 2010

French dairy giant Lactalis has won competition approval for its acquisition of Spanish infant nutrition business Sanutri.

SPAIN: Ebro hails profit growth as sales slide

27 Oct 2010

Spanish food group Ebro Foods today (27 October) reported double-digit growth in operating profit for the first nine months of the year despite its sales falling faster during the third quarter.

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

15 Oct 2010

Europe's food retail industry is set for further consolidation, analysts said this week, while speculation continued to grow over the ownership of global dairy brand Yoplait. Here's the best of what was said this week.

FRANCE: Private-equity, Grupo Lala, Mengniu "eye Yoplait"

14 Oct 2010

The list of potential suitors for Yoplait grew today (14 October) with a clutch of private-equity firms Mexican food maker Grupo Lala and China's Mengniu Dairy all linked to the French yoghurt maker.

FRANCE: Lactalis coy over Yoplait "interest"

13 Oct 2010

French dairy giant Lactalis was today (13 October) coy about its interest in Yoplait, the yoghurt maker that is set for a change of ownership.

Best bits: PepsiCo, FrieslandCampina, Kraft look to future

11 Oct 2010

For PepsiCo, the future does not just lie in snacks and soda.

SPAIN: Union to continue calls for milk boycott

15 Sep 2010

Trade unions in north-west Spain are to step up protests over claims the milk industry is refusing to raise farmer prices - which they say are well below the national and European average.

SPAIN: Lactalis Nestle to close production site

10 Sep 2010

Lactalis Nestle, the fresh dairy venture between French dairy giant Lactalis and Nestle, the world's largest food maker is to close a factory near the Spanish city of Barcelona.

SPAIN: EC approves Lactalis' acquisition of Ebro Puleva dairy interests

24 Aug 2010

The European Commission has approved the acquisition of Spanish food group, Ebro Puleva's dairy business to France's Lactalis.

FRANCE: Dairy groups and farmers reach agreement on milk prices

19 Aug 2010

French dairy groups and farmers have reached an agreement on milk prices, allaying fears of a repeat of the disruption in supplies to processing plants seen in 2009.

FRANCE: Dairy processors, farmers to meet next week on price

13 Aug 2010

French dairy groups have agreed to hold fresh talks with farmers on milk prices next week in an effort to avoid a repeat of the disruption in supplies to processing plants seen last year.

FRANCE: Farmers intensify pressure over milk prices

11 Aug 2010

French farmers are planning a day of action tomorrow (12 August) as they seek to intensify pressure on dairy processors to pay more for their milk.

FRANCE: Dairy farmers issue ultimatum on prices

5 Aug 2010

France's main dairy farmers unions have given industrial groups until 12 August to respect a price agreement they claim makes provision for increases over the whole of 2010 of more than 10% on the previous year.

Best bits: Picard, Rachel's, John West deals all raise questions

2 Aug 2010

Each of last week's three major M&A deals - the sale of French frozen-food retailer Picard to yet another private equity house, dairy giant Lactalis buying UK organic firm Rachel's and MWBrands, the canned seafood group that is home to brands like John West, moving into Thai hands - offered as many questions as they had answers.








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