SunOpta

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SunOpta chief executive David Colo to depart as Katrina Houde steps into interim role

26 Feb 2019

Canadian food and beverages manufacturer SunOpta has announced the "termination" of its president and chief executive. 

Canada's SunOpta offloads North American raw materials business Pipeline Foods

25 Feb 2019

Canadian food and beverages manufacturer SunOpta has sold its organic soy and corn business in North America.

SunOpta invests in non-dairy, broth production

8 Aug 2018

SunOpta, the Canada-based ingredients and packaged food and beverage supplier, is investing in the production of non-dairy beverages and broth at a plant in the US.

Earnings summary - George Weston food division results hit by FX, restructuring; Pinnacle Foods profits underpinned by tax reform; Land O'Lakes "record'' profits; Hostess Brands hails "strong finish" to 2017

2 Mar 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

SunOpta to close US roasted snacks facility

6 Dec 2017

Canada-based food and ingredients group SunOpta has announced it is making a "significant" investment in its roasted snack operations at a facility in the US while closing another factory down.

SunOpta to quit making nutrition bars

27 Sep 2017

Canada-based food and ingredients group SunOpta today (27 September) announced plans to stop manufacturing nutrition bars, the latest move by a company trying to focus on businesses it believes will be more profitable in the long term.

SunOpta books H1 loss amid "progress on value creation"

9 Aug 2017

SunOpta today (9 August) booked half-year losses of more than US$11m, albeit narrower than those generated in the opening six months of 2016, with the Canada-based food and ingredients group emphasising "continued progress" was being made on its moves to improve value for shareholders.

SunOpta sells pouched-products assets

31 Jul 2017

SunOpta is to stop its production of flexible, re-sealable pouch products, a move the Canada-based food and ingredients group said is part of its plan to invest in "more profitable" areas.

SunOpta touts progress after booking Q1 loss

10 May 2017

Canada-based consumer food and ingredients group SunOpta pointed to signs of recovery in the first three months of 2017 despite its losses growing year-on-year.

SunOpta narrows losses, focuses on value creation 

1 Mar 2017

Canadian natural food group SunOpta booked lower full-year losses in 2016 as the group focused on making progress with its move to improve returns to shareholders.

SunOpta appoints Diamond Foods executive David Colo as CEO 

6 Feb 2017

Canada-based organic food group SunOpta has named Diamond Foods executive David Colo as its new president and CEO. 

SunOpta details turnaround plan as earnings fall 

10 Nov 2016

Canadian organic food group SunOpta provided details on plans to improve its performance as it booked lower operating profit for the first nine months of the year. 

SunOpta secures $85m investment from Oaktree 

10 Oct 2016

SunOpta has secured a US$85m investment from Oaktree Capital Management, which is taking a stake in the Canadian organic food group.

SunOpta claims "good progress" despite losses

10 Aug 2016

SunOpta, the Canada-based ingredients supplier, private-label group and contract manufacturer, today (10 August) claimed "good progress" was being made on its goals for 2016, despite the company reporting second-quarter and half-year losses.

SunOpta 'under more pressure to unlock value'

27 Jul 2016

A second activist investor, West Face Capital, is reportedly adding to pressure from Tourbillon Capital Partners for SunOpta to sell its business. 

SunOpta hires Rothschild to review options for business

27 Jun 2016

SunOpta said today (27 June) it had brought in Rothschild to to review the Canada-based ingredients and private-label group's plans and to evaluate "a range of strategic and financial actions" the company could undertake to "maximise shareholder value".

SunOpta shares jump on call for sale

31 May 2016

Shares in Canadian natural and organic food group SunOpta jumped 26.7% on Friday (27 May) after it emerged that its largest shareholder, Tourbillon Capital Partners, asked the group to hire advisers to unlock shareholder value. 

SunOpta FY bottom line hit by "unfortunate operational events"

2 Mar 2016

SunOpta has recorded a loss for the year after the Canadian group's results were littered with one-time charges and higher costs.

Food industry news of the week - Metcalfe's Skinny, Hain Celestial, Ornua

15 Jan 2016

Diamond Foods, itself set to be sold to US snacks group Snyder's-Lance, this week took a stake in UK popcorn maker Metcalfe's Skinny. Our M&A pages featured a number of deals, including the move for Chinese dairy group Ambrosia by Irish co-op Ornua. At the ICR investment conference in Florida, the new owner of Green Giant, B&G Foods, said it was interested in more acquisitions in the frozen food sector, while Hain Celestial told delegates it could withstand greater competition in the US natural and organic sectors.

SunOpta turns focus to consumer products in 2016

12 Jan 2016

SunOpta, the Canada-based ingredients supplier, private-label group and contract manufacturer, said today (12 January) it will this year focus on improving the performance of its consumer products business.

SunOpta hails progress as sales, earnings trends improve 

11 Nov 2015

Natural and speciality food group SunOpta has insisted that it is starting to see the benefits of investments as third-quarter revenue and profit trends showed signs of improvement. 

SunOpta details US$100m share offer

29 Sep 2015

Canadian natural and organic food group SunOpta has detailed plans to sell more shares in the business in a bid to raise just over US$100m.

SunOpta invests in stand-up pouches

27 Aug 2015

SunOpta, the Canada-based co-packer and private-label supplier, has expanded its stand-up pouch packaging at two US plants, with investment at a third site on the horizon.

Food industry results in brief - Snyder's-Lance, Thai Union, SunOpta

14 Aug 2015

This week's results included an upbeat US snack group Snyder's-Lance reporting higher second-quarter sales and profits, improved half-year revenue and earnings at seafood giant Thai Union and declines at an acquisitive SunOpta.

SunOpta buys fruit snack firm Niagara Natural

12 Aug 2015

SunOpta has announced its second acquisition in a fortnight, striking a deal to buy Canadian fruit snacks firm Niagara Natural.

SunOpta ups presence in frozen fruit with Sunrise Growers buy

3 Aug 2015

Canadian organic food group SunOpta has said its US$450m acquisition of Sunrise Growers will strengthen its presence in the high-growth, private-label frozen fruit sector.

SunOpta moves COO Rik Jacobs to CEO

7 Jul 2015

Canada-based food group SunOpta has named president and COO Rik Jacobs as its new CEO in a bid to "accelerate growth and performance".

UPDATE: SunOpta confirms USDA GMO-free verification

18 May 2015

Canada-based natural and organic food group SunOpta has confirmed one of its US facilities has become the first manufacturing site in the country to receive Department of Agriculture GMO-free verification.

Comment: Why USDA action on GMOs could block mandatory labelling

18 May 2015

The labelling of genetically modified organisms (GMOs) in food products is a massive hot potato in the US. Not least because states like Vermont are attempting to push through mandatory labelling – something staunchly opposed by much of the food industry. The USDA entered the fray when it revealed the development of a certification and labelling scheme for GMOs under its existing Process Verified Program. Could this help stave off compulsory labels?

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