Nueva Rumasa

SPAIN: Watchdog to mull Cacaolat takeover

15 Dec 2011

Spain's competition watchdog is mulling the takeover of food and drink firm Cacaolat by a consortium led by local brewer Damm and Coca-Cola Co. bottler Cobega.

SPAIN: Three suitors left in bidding for Cacaolat

26 Sep 2011

One of the four bids for Spanish food and drink firm Cacaolat has reportedly been discarded by the court handling the sale of the company.

SPAIN: "Four bidders" in race for Cacaolat

21 Sep 2011

Four bids have reportedly been made for bankrupt Spanish food and drink firm Cacaolat.

SPAIN: Agaca could buy Clesa's Pontevedra factory

19 Aug 2011

Bankrupt Spanish dairy group Clesa could be saved by Galician agricultural association Agaca, whch is considering purchasing the firm's plant in Pontevedra, Galicia, Northerwest Spain.

SPAIN: Cacaolat set for September sale

18 Jul 2011

The sale of bankrupt Spanish food and drink firm Cacaolat could take place in September, a senior executive working with one of the bidding firms has told just-food.

SPAIN: Nueva Rumasa unit Cacaolat to sack bulk of staff

4 Jul 2011

Spanish food and drink firm Cacaolat will dismiss almost three-quarters of its workforce as it continues to struggle after the bankruptcy of its parent company.

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

24 Jun 2011

Fonterra confirmed plans this week that it is in talks over a joint venture in cheese and whey production in Europe. Meanwhile, ConAgra has affirmed that its sights are still firmly set on acquiring Ralcorp. Wal-Mart has continued to see its top executives leave, with the third executive leaving its Chinese unit, while its UK division, Asda, lost its COO Simon King. Click on the headlines for more.

SPAIN: Bankrupt food group Nueva Rumasa investigated for fraud

20 Jun 2011

Bankrupt Spanish food maker Nueva Rumasa has become the subject of a fraud investigation by the country's highest court.

Best bits: Carrefour to face tense shareholders

20 Jun 2011

It's likely Carrefour CEO Lars Olofsson will be a little apprehensive as he heads off for work tomorrow (21 June).

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

17 Jun 2011

Europe's E. coli scandal was a feature of this week's headlines, with signs that the outbreak has peaked, the EU agreeing on compensation for farmers and Russia's ban on produce imports still in place. Elsewhere in Europe, Carrefour's French troubles continued, UK ice-cream maker R&R Ice Cream looked to expand across the Channel and Nestle was linked to Spanish firm Cacaolat. In the retail sector, Sainsbury's issued its latest sales numbers and we looked at the problems that Metro Group's Makro arm is having in the UK. Click on the headlines for more.

SPAIN: Nestle could join race for Nueva Rumasa's Cacaolat

13 Jun 2011

Nestle has added itself to a swelling roster of potential suitors for Cacaolat, the Spanish chocolate shakes-to-biscuits company owned by beleaguered food group Nueva Rumasa.

Focus: What lies ahead for bankrupt Spanish food firm Nueva Rumasa?

16 May 2011

Nueva Rumasa, the Spanish food group, is grabbing the headlines for the wrong reasons, after falling into bankruptcy with reported debts of EUR700m. Workers claim they have been left unpaid, investors have launched legal action and parts of the business are up for sale. Ivan Castano reports.

SPAIN: Private-equity firm Megafinance mulls Nueva Rumasa investment

28 Apr 2011

Megafinance's decision to inject "well over" EUR70m into bankrupt Spanish food group Nueva Rumasa will be made in the coming days, the Portuguese buyout fund has told just-food.

SPAIN: Nueva Rumasa puts three business on block

6 Apr 2011

Spanish food company Nueva Rumasa has put three of its businesses - including dairy firm Clesa and desserts brand Dhul - under bankruptcy protection and is looking for investors or potential buyers for them, a company official has confirmed.