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USDA's GMO move may block mandatory labels

The labelling of genetically modified organisms (GMOs) in food products is a massive hot potato in the US. Not least because states like Ver...

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Dean Best | 31 Oct 2011

Canada-based natural and organic food group SunOpta supplies a number of the world's largest food makers and retailers with products from soy ingredients to private-label snack bars. The company is undergoing significant change and has decided to offload non-core assets and focus squarely on food. Dean Best met SunOpta COO Tony Tavares at international trade show Anuga in Germany to discuss the company's ambitions.

Latest News | 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.

Andy Coyne | 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.

Dean Best | 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.

Dean Best | 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.

Dean Best | 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.

Dean Best | 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.

Katy Askew | 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.

Katy Askew | 6 Feb 2017

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

Katy Askew | 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. 

Katy Askew | 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.

Dean Best | 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.

Katy Askew | 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. 

Dean Best | 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".

Katy Askew | 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. 

Hannah Abdulla | 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.

Dean Best | 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.

Dean Best | 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.

Katy Askew | 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. 

Katy Askew | 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.

Dean Best | 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.

Hannah Abdulla | 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.

Dean Best | 12 Aug 2015

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

Katy Askew | 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.

Dean Best | 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".

Katy Askew | 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.

Katy Askew | 18 May 2015

The US Department of Agriculture is developing a non-GMO certification and labelling scheme under its Process Verified Program.

Katy Askew | 15 May 2015

This week's result round-up includes a positive start to the year for UK own-label group Bakkavor, better sales but pressure on profits for Canada's Weston Foods and a slide in revenue at French poultry group Duc.

Katy Askew | 3 Mar 2015

Natural and organic food group SunOpta booked an increase in full-year sales and earnings despite “commercial and operational pressures” experienced at its consumer products unit.

Latest blogs

Dean Best | 16 Feb 2016

SunOpta is a group that spans being a B2B supplier of ingredients, a private-label manufacturer and a co-packer. In industrial minerals, the Canada-based company has also had a majority stake in a business outside food but, after finding a buyer, it is now ready to focus squarely on our sector.

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