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Why Pinnacle Foods faces work on Boulder Brands

There has been more consolidation in the US food industry, with another big player largely focused on stagnant categories moving for a busin...

Boulder Brands should consider Smart Balance sale

The US spreads and gluten-free group saw its shares slump yesterday after warning about its short-term profitability. Boulder's Smart Balanc...

Latest Interviews

Dean Best | 17 Sep 2013

Boulder Brands, the US group, is a company buoyed by its recent expansion into gluten free, a booming sector in its home market. However, 40% of its sales remain in Smart Balance, the acquisition of which started the business in 2007, and which Boulder faces a challenge to revitalise. In part two of an interview with just-food, Boulder CEO Stephen Hughes told Dean Best how the company plans to re-boot growth from Smart Balance.

Latest News

Hannah Abdulla | 24 Nov 2015

Pinnacle Foods has announced a deal to buy fellow US food group Boulder Brands for US$975m.

Dean Best | 7 Aug 2015

Activist US investor Bill Ackman got the market talking this week with the disclosure he has invested in Mondelez International. Could he be betting on an eventual bid for the Cadbury owner from the new Kraft Heinz Co.? Meanwhile, the row over the Maggi continued, with India's food safety watchdog brushing off tests that appeared to clear Nestle's noodles. And three UK snacks businesses hit the headlines. The owners of Nakd owner Natural Balance Foods are weighing up their options, Bear owner Urban Fresh Foods is looking at ways to expand internationally - which could involve investment in the business. And crisp firm Tyrrells snapped up an Australian snack maker.

Dean Best | 6 Aug 2015

Udi's and Smart Balance owner Boulder Brands has hired advisors to look at its strategic options after the US group received interest from companies eyeing an unspecified transaction with the business.

Hannah Abdulla | 8 Jul 2015

US firm Boulder Brands has announced an organisational restructure which will see the company reduce its salaried staff by 15%.

Hannah Abdulla | 10 Jun 2015

Boulder Brands CEO Steve Hughes has resigned from the US food group, the company said today (10 June).

Dean Best | 27 Feb 2015

Shares in Boulder Brands tumbled yesterday (26 February) after the US food group cut its forecast for 2015 sales, pointing to expected lower growth from its gluten-free brands.

Katy Askew | 6 Nov 2014

One-off charges related to Boulder Brands' under-performing Smart Balance brand have led the US food group to generate an operating loss in the third quarter of the year.

Dean Best | 24 Oct 2014

The most eye-catching story came on Friday with the surprise news Chiquita Brands International shareholders had voted against the US produce group's plan to merge with Fyffes.

Dean Best | 22 Oct 2014

Shares in Boulder Brands slumped today (22 October) after the US spreads and gluten-free business said impairment charges on its Smart Balance business would lead it to report a third-quarter loss.

Dean Best | 19 Dec 2013

2013 was a bumper year for senior executive interviews on just-food and your top ten most-read pieces included our meetings with the CEOs of Nestle, Unilever and Greencore.

Michelle Russell | 8 Nov 2013

US dairy and gluten-free firm Boulder Brands narrowed its net loss in the third quarter and reaffirmed its full-year guidance.

Dean Best | 8 Oct 2013

Boulder Brands, the US company behind Udi's gluten free and Smart Balance spreads, has created a new role of COO to oversee operations at the business.

Dean Best | 23 Sep 2013

Danone was this week under scrutiny in China amid claims local staff bribed hospitals to promote its baby food products in the country. The allegations are the latest blow to the reputation of Western firms in China following price fixing on formula and the Fonterra botulism saga. The stories will not harm the reputation of China's dairies and, this week, one processor, China Huishan Dairy Holdings Co., launched a successful IPO in Hong Kong.

Dean Best | 16 Sep 2013

Tesco finally drew a line under its failure in the US with a deal to offload its Fresh & Easy business to investment fund Yucaipa. The detail of the agreement, however, was a rather apt way to end the venture. UK rival Morrisons announced lower half-year sales and profits but a capex cut cheered the City. Elsewhere, we analysed New Zealand's attempt to restore the reputation of its dairy industry after the Fonterra botulism saga, while we interviewed the CEO of US gluten-free firm Boulder Brands.

Dean Best | 1 Aug 2013

US dairy and gluten-free firm Boulder Brands has upped its EBITDA forecasts after a "terrific" second quarter, boosted by M&A and higher sales on an organic basis.

Dean Best | 11 Jul 2013

US firm Boulder Brands has bought 80% of GlucoBrands, the owner of Level Life Foods, a brand aimed at those with diabetes - and struck a new financing deal it said could help secure more acquisitions.

Dean Best | 11 Jul 2013

US food group Boulder Brands has decided to operate its Smart Balance milk line through a licence deal with co-packer Byrne Dairy.

Dean Best | 20 May 2013

The American Popcorn Co., the owner of the Jolly Time brand, has worked with US group Boulder Brands to develop popcorn for "health-conscious" consumers.

Katy Askew | 8 Mar 2013

Health and wellness group Boulder Brands is debuting 20 new products at the 2013 Natural Products Expo West, being held in California this week.

Katy Askew | 9 Nov 2012

US natural food group Smart Balance has booked a drop in third-quarter earnings, despite higher sales and operating profit.

Katy Askew | 3 Oct 2012

New Jersey-based Smart Balance has unveiled plans to change its name to Boulder Brands and reorganise the company into two business segments.

Chris Mercer | 3 Aug 2012

Smart Balance has said that first-half results were in-line with its expectations, despite reporting a 39% drop in net profit.

Michelle Russell | 1 Jun 2012

US health food firm Smart Balance has signed a deal to acquire domestic gluten-free bread and baked goods specialist Udi's Healthy Foods for US$125m.

Dean Best | 9 Jan 2012

US health food firm Smart Balance has "streamlined" its senior management team with a series of moves, including the departure of its CFO.

Petah Marian | 5 Aug 2011

This week, Kraft announced plans to split the company in two, while speculation continued that Unilever might sell-off its food division. Meanwhile, Premier Foods booked what it described as a "poor" first-half and Smart Balance acquired gluten-free manufacturer Glutino. Here's the best of what was said this week:

Petah Marian | 4 Aug 2011

The CEO of Smart Balance today (4 August) outlined the opportunity the US health food company sees in the gluten-free category following its acquisition of Canadian firm Glutino Food Group.

Michelle Russell | 4 Aug 2011

Smart Balance today (4 August) upped its full-year sales and earnings forecasts after it swung into the black in the first half of the year and acquired Canadian gluten-free firm Glutino Food Group.

Latest blogs

Hannah Abdulla | 16 Apr 2014

US food manufacture B&G Foods has joined the campaign for non-GMO by relaunching a non-GMO version of its spreadable fruit Polaner All Fruit.

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