Lotus Bakeries

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Lotus Bakeries launches incubator fund and makes first investment

21 Aug 2019

Belgium's Lotus Bakeries has announced an incubator fund initiative and invested in a UK crispbread-making business.

Hatching new ideas - Big Food's incubator and accelerator programmes

21 Aug 2019

Our guide to some of the main incubators and accelerators operated by major food manufacturers as they look to tap into some of the consumer trends shaping demand.

The preparation game - how can SME food businesses attract a buyer?

25 Apr 2019

Big Food is increasingly looking to acquire innovative SMEs operating in fast-growth categories but what does a small business need to do to attract a buyer? Andy Coyne reports.

The most-read news on just-food in 2018

20 Dec 2018

The news stories that caught your eye in 2018 included a number of M&A deals, CEOs departing and emerging brands entering new markets.

Food M&A volumes sizzle in July, pushing 2018 to high - data

7 Aug 2018

As company strategists look to M&A to gain an edge on their competition, just-food's index of M&A in the packaged food sector highlights the volume of deals being announced.

Belgium's Lotus Bakeries makes Kiddylicious latest UK buy

26 Jul 2018

Belgium-based Lotus Bakeries has continued its acquisition spree in the UK, today (26 July) announcing it had bought baby-to-toddler food business Kiddylicious.

Lotus Bakeries to take Bear snacks production in-house

28 Mar 2018

Lotus Bakeries has struck a deal with Grassroots, the South African co-packer of the Belgian group's Bear snacks, to take control of the production for the brand.

Earnings summary - Lotus Bakeries posts "record'' 2017; Pioneer Food turnover drops on commodity prices; Fraser and Neave dairy gains crimped by drinks; Savencia FY sales up on higher prices

9 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.

Fipronil - France updates product withdrawal list

21 Aug 2017

The French authorities have updated their list of withdrawn products following the fipronil food scare.

Lotus Bakeries notes Brexit constraints on pound as revenue rises

21 Aug 2017

Lotus Bakeries posted a near-3% increase in half-year sales when stripping out exchange-rate effects but the Belgium-based snack maker noted the weaker British pound following the Brexit referendum had a "significant'' impact on its consolidated turnover.

Lotus Bakeries changes CFO

13 Mar 2017

Lotus Bakeries, the Belgium-based snacks maker, has named a new CFO after moving Isabelle Maes to a new role as CEO of the company's recently-formed natural foods division.

Lotus Bakeries eyes more markets for Nakd, Bear brands

16 Feb 2017

Lotus Bakeries expects to "consolidate" its turnover in 2017 after 12 months of "record growth" but has set out more markets for the Nakd and Bear brands the Belgium-based food group snapped up in 2015.

Lotus Bakeries plans US factory for Lotus Biscoff biscuits

29 Sep 2016

Lotus Bakeries, the Belgium-based snacks maker, has drawn up plans to build a factory in the US to produce its flagship Lotus Biscoff biscuits.

Lotus Bakeries' Natural Balance Foods launches Nakd Posh Bits snacks in UK

25 Aug 2016

Natural Balance Foods, the UK snack business majority owned by Belgium-based Lotus Bakeries, is aiming to tap into demand for "healthy indulgence" in the UK with a new line under its Nakd brand. 

Lotus Bakeries enjoys growth organically, via M&A

22 Aug 2016

Lotus Bakeries has reported a surge in first-half sales and earnings, with the Belgium-based snacks group reporting underlying and M&A-driven growth.

Food industry quotes of the week - Campbell Soup Co. on GMOs, General Mills buys Epic, US dietary guidelines

8 Jan 2016

This week, in the US, Campbell Soup Co. announced it would back proposed plans for blanket GMO labelling in the country, while General Mills announced its second acquisition in recent weeks, this time of meat snacks firm Epic Provisions. The industry also reacted to the release of the new Dietary Guidelines for Americans. Elsewhere, Ukraine hit back on a product embargo enforced by Russia, Danish Crown said jobs could be lost in the UK and we spoke to Urban Fresh Foods about its sale to Lotus Bakeries.

Why Urban Fresh Foods plumped for Lotus Bakeries' ownership - interview

5 Jan 2016

Urban Fresh Foods, the privately-owned UK firm behind the children's-focused snack brand Bear, said last summer it was looking at ways to expand internationally and suggested it could accept investment. Just before Christmas, the company, set up in 2007, announced it had agreed to a takeover bid from Belgium's Lotus Bakeries. Dean Best speaks to Urban Fresh Foods partner Giles Brook about what the deal means for the business.

The food industry in 2016 - the trends that will drive M&A

3 Jan 2016

Looking to 2016, it seems likely many of the trends that drove a bumper year of deal-making will persist over the next 12 months - consolidation, health, simple foods and emerging markets.

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.

Food industry quotes of the week - Fonterra, Lotus Bakeries, Dunbia

18 Dec 2015

This week Fonterra announced it was selling its yoghurt and dairy business in Australia to Parmalat, Chinese fruit groups Golden Wing Mau and Joyvio announced a merger and UK meat group Dunbia confirmed it was mulling options for the business. Belgium's Lotus Bakeries bought UK snacks group Urban Fresh Foods, its second deal in the country in four months and, looking to next year, we analysed the prospects for the BRIC markets in 2016. Here is the week in quotes.

Food industry news of the week - Bear snacks takeover, Fonterra sells yoghurt unit, General Mills' new forecasts

18 Dec 2015

Belgium's Lotus Bakeries this week struck its second piece acquisition in the UK in four months, with a deal to buy Bear snacks owner Urban Fresh Foods. Our M&A pages also included news Fonterra is selling its Australian yoghurt business to Lactalis's Parmalat and Ornua is offloading US distribution asset DPI. Elsewhere, the Russian central bank said domestic producers had, in most categories, failed to meet the shortfall in production from Moscow's import restrictions on the west.

Lotus Bakeries buys Bear snacks owner Urban Fresh Foods

17 Dec 2015

Belgium-based Lotus Bakeries has struck its second acquisition in the UK in four months with a move to buy Bear snacks owner Urban Fresh Foods.

Lotus Bakeries to not rebuild on fire-hit Meise site

1 Sep 2015

Belgian bakery firm Lotus Bakeries is to expand its plant in Courcelles after deciding not to rebuild its waffle factory in Meise that was burned down in June.

Lotus Bakeries sales growth drives profits in H1

25 Aug 2015

Lotus Bakeries saw its profits jump by more than a third in the first half of the year, with sales in part rising on the back of the the Belgium-based snack maker's move to "internationalise" its Lotus Biscoff biscuit brand.

UPDATE: Lotus Bakeries buys majority stake in Natural Balance Foods

14 Aug 2015

Lotus Bakeries, the Belgium-based biscuit maker, has bought a majority stake in Natural Balance Foods, the UK firm behind snack bar brands Nakd and Trek.

Lotus Bakeries in "advanced talks to buy Natural Balance Foods"

14 Aug 2015

Belgium-based biscuit maker Lotus Bakeries is reportedly in advanced talks to buy Natural Balance Foods, the UK firm behind snack bar brands Nakd and Trek.

Food industry quotes of the week - Kraft Heinz, Nestle

14 Aug 2015

This week, Kraft Heinz Co. announced it was axing 2,500 jobs as it moves to "streamline" its structure. Elsewhere, Nestle reported its first-half numbers and cautiously indicated some improvement in China.

Food industry quotes of the week - Divine Chocolate, Nomad, Abbott

5 Jun 2015

This week, Nestle said it was withdrawing its Maggi noodle brand in India after a food safety scare that has seen local authorities insist the product has elevated levels of lead. Elsewhere, Abbott Laboratories was tied up in a class action lawsuit over its Similac product with allegations it is misleading consumers since the product contains non-organic ingredients. Elsewhere Nomad Holdings confirmed it is in acquisition talks with Findus Group. just-food visited the Free-From Expo in Barcelona this week and spoke to Warburtons among others. We also interviewed the CEO at Divine Chocolate. Here is the week in quotes

Lotus factory "completely destroyed" in fire

4 Jun 2015

Lotus Bakeries is working to “maintain” waffle supplies after a fire “completely destroyed” its production facility in Meise yesterday morning (3 June).

Lotus expands in Asia, acquires Korean distributor

26 Mar 2015

Lotus Bakeries has taken control of its Korean sales office through an agreement to buy local distributor Lotus Korea Co.

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