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BELGIUM: Input costs weigh on PinguinLutosa 2010 profits

23 Mar 2011

Rising raw-material costs made a dent in the annual profits of Belgium-based vegetable processor PinguinLutosa in 2010, the company has revealed.

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

18 Mar 2011

It seems one of the biggest M&A stories in the food industry in recent months is reaching the final chapter, with the news today (18 March) that General Mills is in exclusive talks to buy into French dairy business Yoplait. The potential investment capped a week in which just-food covered the IFE food-industry exhibition in London, PepsiCo set up a venture to sell dips worldwide with Israel's Strauss Group and Kraft Foods, Unilever and Dr Oetker were fined for anti-competitive behaviour in Germany. Click on the headlines to find out more.

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

18 Mar 2011

The announcement today that General Mills has entered exclusive talks to buy a stake in French dairy business Yoplait will end one of the most fiercely-contested takeover battles in the food industry in the last 12 months. This week, just-food also spent time exploring the new products on offer at IFE and heard about the strategies driving the UK grocery operators. Here's the best of what was said on just-food this week:

BELGIUM: PinguinLutosa to buy canned-food firm Scana Noliko

14 Mar 2011

Private-equity group Gimv has agreed to sell canned produce maker Scana Noliko to Belgium-based vegetable processor PinguinLutosa.

CHINA: American Lorain to distribute PinguinLutosa, Farm-Frites fries

25 Jan 2011

Chinese food group American Lorain Corp. is to distribute french fries for Belgian frozen food group PinguinLutosa and for Dutch potato processor Farm-Frites in China.

BELGIUM: PinguinLutosa sales strengthen in Q3

28 Oct 2010

Belgium-based frozen-food group PinguinLutosa has recorded a 9% rise in third-quarter revenue as sales growth accelerated from the first half of the year.

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

22 Oct 2010

Commodity costs may not be reaching the levels seen in 2007 but there are signs of growing pressure on food manufacturers. In this month's just-food interview, Groupe Doux CEO Guy Odri explained why the poultry giant is urging retailers to push through price increases. Elsewhere this week, Yakult failed in its attempt to get EU clearance for health claims, food ingredients maker Ajinomoto defended aspartame from the critics and Mars Inc explained it is planning to realign its chocolate business worldwide.

BELGIUM: PinguinLutosa agrees CECAB frozen-food deal

16 Oct 2010

PinguinLutosa, the Belgium-based frozen-food group, has finalised plans to take control of the deep-frozen vegetable business of French co-operative CECAB.

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

14 May 2010

Retailers dominated this week's news, with the appointment of a new CEO at Asda, bumper numbers from Sainsbury's, upbeat noises from Whole Foods and strike action at Carrefour. Here is the best of who said what about this week's top stories.

BELGIUM: PinguinLutosa eyes Eastern Europe with Cecab deal

14 May 2010

PinguinLutosa is eyeing expansion in Eastern Europe through its planned takeover of French co-op CECAB, the chief executive of the Belgian frozen food group has told just-food.

FRANCE: Cecab in frozen veg sale talks with PinguinLutosa

13 May 2010

Brittany food co-op Cecab is in exclusive talks with Belgian group PinguinLutosa over the sale of its subsidiary, Aucy Frozen Foods.


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