Manassen Foods

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Susan Day Cakes adds 51 jobs in Hallam, eyes Asia expansion

29 Jun 2015

Australian baked good firm, The Cake Syndicate, has said it is seeking an investor to fund capital expansion and growth into Asia.

Bright Food "planning Manassen IPO this year"

9 Jan 2015

Chinese food giant Bright Food Group is reportedly planning to list its Australian unit, Manassen Foods, this year.

Bright Food "eyes 2016 listings for Weetabix, Manassen"

6 Nov 2014

China's Bright Food Co. is reportedly targeting listings of UK breakfast cereal business Weetabix and Australian food group Manassen Foods in the next two years.

BRICs and beyond: How Bright Food is furthering its international strategy

14 Oct 2014

State-backed Chinese food giant Bright Food Co. continued to make progress with its "go global, bring in" ambition when it acquired a majority stake in Italian olive oil manufacturer Salov Group last week. The move is typical of Bright's international strategy as the group continues to further its agenda to grow globally and bring overseas brands to Chinese consumers. Katy Askew reports.

UK: Bright Food acquires Australian dairy Mundella - report

13 Jan 2014

Chinese food giant Bright Food has reportedly snapped up a stake in Australian dairy Mundella Foods.

CHINA: Bright Food "in talks" to acquire Israel's Tnuva

3 Sep 2013

China's Bright Food is understood to be holding talks with Israel's largest food manufacturer and distributor Tnuva about a potential acquisition.

Comment: Sovereign, pension funds to vie for M&A with trade, PE

19 Apr 2013

Could sovereign wealth funds and pension funds become more active participants in deal-making in the FMCG industry? Perhaps so, writes Dean Best.

In the spotlight: Hard work ahead for new Weetabix owner Bright Food

3 May 2012

Ambitious Bright Food, the Chinese state-backed food group, missed out on previous Western targets like United Biscuits and Yoplait but it has planted a flag in Europe with the acquisition of a majority stake in UK cereal manufacturer Weetabix. The deal could give Bright Food some Western expertise to apply to its domestic business but, as Dean Best reports, its faces a challenge in building the brand in China, where it remains early days for breakfast cereal.

CHINA/UK: Bright Food buys majority stake in Weetabix

3 May 2012

China's Bright Food has acquired a majority stake in UK cereal maker Weetabix.

just-food Confidence Survey - cost volatility and industry consolidation

30 Apr 2012

2011 was a year of commodity cost inflation and the food industry had hoped raw materials prices would fall back this year. However, in some cases, prices remain stubbornly high. The just-food Confidence Survey showed manufacturers remain determined to push through costs but competition between retailers remains intense, which could lead to a wave of consolidation in the sector.

UK: Lion Capital silent on Weetabix "sale talks" with Bright Food

23 Apr 2012

Private-equity firm Lion Capital has declined to comment on reports it is in talks to sell UK cereal manufacturer Weetabix to China's Bright Food.

AUS: Bright Food linked to NZ biscuit firm Griffin's

15 Dec 2011

Chinese food and drink group Bright Food has reportedly held talks with the private-equity owner of Griffin's over a possible deal for the New Zealand biscuit maker.

In the spotlight: Bright Foods reveals global ambitions with Manassen deal

19 Aug 2011

Bright Foods announced the acquisition of Australian manufacturer Manassen Foods this week. With speculation that it has shown interest in a number of other international players hints at the scale of its plans. What exactly are Bright Foods' ambitions? Dean Best reports.

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

19 Aug 2011

Bright Food, the Chinese food group, has bought 75% of Australia's Manassen Foods in a major deal, a "step change" according to Roy Manassen, whose father set up the business. Elsewhere, Walkers Crisps stood by Gary Lineker in the face of reports the former striker's role in the company's advertising was set to diminish, stating: "There is no change whatsoever to Gary Lineker's role or relationship with Walkers Crisps." Here's the best of what was said on just-food this week.

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

19 Aug 2011

M&A talk has continued unabated, with ConAgra revealing its disappointment around its latest offer for Ralcorp being rebuffed. The owner of former Bright Food target United Biscuits has cooled reports that it is looking to split the manufacturer in two. Happier news for Bright Food this week, however, with the company reaching an agreement to buy Manassen Foods.

CHINA/AUS: Bright Food takes control of Manassen Foods

18 Aug 2011

Bright Food, the Chinese food group, has sealed a deal to buy 75% of Australian food manufacturer and importer Manassen Foods.

CHINA: Bright Food "nears Manassen Foods takeover"

15 Aug 2011

Bright Food, the Chinese food group, is reportedly set to take control of Australian branded food manufacturer and importer Manassen Foods.

AUS: Bright Food "in talks" to buy Manassen Foods

12 Jul 2011

Chinese food group Bright Food is reportedly in talks to buy Australian branded food manufacturer and importer Manassen Foods.



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