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ConAgra confirms private-label exit

30 Jun 2015

ConAgra Foods today (30 June) revealed it will sell its private-label business as the US group confirmed the unit's performance weighed on full-year sales and earnings.

Post Holdings strikes deal to acquire MOM Brands for US$1.15bn

26 Jan 2015

Post Holdings has struck a deal to acquire fellow US breakfast cereal manufacturer MOM Brands for around US$1.15bn.

On the money: ConAgra confident private-label will improve

19 Sep 2014

After a challenging previous financial year, ConAgra Foods yesterday (18 September) reported on the first three months of its new fiscal period. Shares in the US food group rose as it reported underlying earnings that beat Wall Street forecasts and stuck to its expectations for annual earnings - notable after 12 months that included three profit warnings.

Editor's viewpoint: Big year ahead for ConAgra

27 Jun 2014

After a tough year, which included three profit warnings, ConAgra Foods and its management team face a very important 12 months. The US group's management believe it can improve the performance of both its consumer food and private-label arms but some industry watchers are less certain.

US: ConAgra: We expect consumer volumes to improve

26 Jun 2014

ConAgra Foods today (26 June) told investors it expects sales volumes from its consumer foods division - under pressure in recent months - to improve as the company moves through its new financial year.

US: ConAgra ups FY earnings forecast

19 Feb 2013

US food group ConAgra Foods has lifted its forecast for annual earnings on the back of its acquisition of private-label group Ralcorp Holdings - and "strong contributions" from the rest of its business.

In the spotlight: ConAgra's belief in future of US private label

3 Dec 2012

ConAgra Foods has said it is "excited" about a deal that will mean it becomes the largest private-label group in the US despite concerns over its ability to grow brands and own label, as well as the long-term prospects of store brands in the US.

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

3 Dec 2012

Last week, just-food spoke with ConAgra's president of sales Doug Knudsen in the wake of the company's deal to acquire Ralcorp. Other deals this week have included the purchase of Metro Group's eastern European operations by Auchan, while Ahold outlined progress on its "six strategic pillars" strategy at its Capital Markets day in the US.

US: Branded cereal firm Post to launch own-label lines

30 Nov 2012

US branded cereal business Post Holdings has revealed it is developing own-label lines.

US: Q4 sales boost fails to help FY profits at cereal firm Post

29 Nov 2012

An increase in fourth-quarter sales did not stop US cereal group Post Holdings reported a fall in underlying annual profits as costs ate into its bottom line.

UPDATE: US: ConAgra CEO Rodkin touts benefits of Ralcorp deal

27 Nov 2012

ConAgra Foods CEO Gary Rodkin today (27 November) claimed the US food group's planned acquisition of private-label rival Ralcorp Holdings will put the company "front-of-centre" with retailers in North America.

US: ConAgra to buy long-time target Ralcorp Holdings

27 Nov 2012

ConAgra Foods has swooped to buy US own-label group Ralcorp Holdings, a business that rejected a number of takeover bids from the company last year.

US: Ralcorp to consolidate units to cut costs

1 Aug 2012

US private-label food group Ralcorp Holdings plans to bring its subsidiaries together to save money and drive "sustainable" growth.

US: Ralcorp cereal exec Wilkinson to retire

4 Jul 2012

Ron Wilkinson, president of Ralcorp Holdings' own-label cereal business, plans to leave the US food company.

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

25 Jun 2012

The top stories on just-food this week had a distinctly French flavour. Danone issued a profit warning, with Spain's problems affecting the Activia maker. Meanwhile, French retail giant Carrefour's new CEO Georges Plassat made his first public appearance since taking the job, with the industry keen to hear how he planned to revitalise the world's second-largest retailer.

US/ITALY: Ralcorp acquires Italian firm Gelit

18 Jun 2012

Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum.

US: Nutrition bar contract loss hits Ralcorp plant

8 Feb 2012

The loss of a nutrition bar manufacturing contract has led US food group Ralcorp Holdings to decide to close a production facility.

US: Profits from Post cereal unit down 30%, says Ralcorp

8 Feb 2012

Profits from US cereal maker Post fell 30% in last three months of 2011, Ralcorp Holdings, the private-label group that has spun off the business, has revealed.

US: Post shares begin trading after Ralcorp spin-off completed

7 Feb 2012

Shares in Post Holdings have begun trading in New York after the US cereal maker was spun off from private-label food group Ralcorp Holdings.

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

6 Jan 2012

just-food's first week back after the Christmas and New Year break included PepsiCo brushing off a US report of plans to cut 4,000 jobs, UK seafood firm Young's Seafood shedding over 500 posts and Arla Foods pledging to expand in Scotland - but saying the move could still affect employees. In the week between Christmas and New Year, we saw China's food sector rocked by its latest safety scandal, with news that dairy group Mengniu Dairy produced milk containing a carcinogen. Click on the headlines for more.

2011 in review - M&A activity fails to meet expectations

22 Dec 2011

A year ago, there was consensus that M&A activity would pick up in 2011. As we look back on the last 12 months, there were some major deals but concern over the economy meant the numbers of deals fell short of expectations. Dean Best reports.

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

5 Dec 2011

India's plan to relax restrictions on foreign investment in its retail sector continued to generate fierce debate this week. Two other contentious issues - the EU health claims process and the true potential of intense sweetener stevia - were also covered on just-food this week, as was the latest attempt by Nestle to eradicate child labour in cocoa production.

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

5 Dec 2011

India's planned retail reform continued to dominate the headlines, while we analysed two other contentious issues - industry efforts to tackle child labour in cocoa production and the true potential of intense sweetener stevia. Elsewhere, Unilever and McCain Foods faced union strife and Diamond Foods warned a probe into payments to growers could hit the company.

US: Post impairment charges push Ralcorp to FY loss

30 Nov 2011

Impairment charges on US cereal business Post, caused by a worsening in the sales and earnings outlook for the division, has led owner Ralcorp Holdings to report annual losses of US$187m.

US: ConAgra names Ross as chief strategy officer

17 Nov 2011

US food maker ConAgra Foods has today (17 November) appointed Andrew Ross to the newly-created role of chief strategy officer.

US: Ralcorp names Block as Post COO

14 Nov 2011

US food maker Ralcorp Holdings has appointed Terence Block as president and COO of Post Holdings, the branded cereals business that is set to be spun off from the company.

US: ConAgra buys own-label firm National Pretzel Co.

14 Nov 2011

ConAgra Foods has agreed to buy US private-label firm National Pretzel Co. for an undisclosed sum.

US: Vitale named CFO of Post Holdings

13 Oct 2011

Ralcorp Holdings has named Robert Vitale as CFO of Post Holdings, the US branded cereals business that will be spun off from the private-label food maker next year.

US: Stiritz lined up for Post CEO role

28 Sep 2011

Ralcorp Holdings chairman William Stiritz is to become CEO of Post Holdings, the branded cereal maker that the US food company plans to create through its plan to split itself in two.

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

26 Sep 2011

Tesco announced a revamp of its promotional strategy in the UK last week, a move that was immediately criticised by its rivals. However, grocers in Scotland were united in their opposition to a tax on major retailers in the country.






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