Tree of Life

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NETHERLANDS/UK: Wessanen sells Tree of Life UK to Petty Wood & Co.

19 Jul 2011

Wessanen has sold its distribution business Tree of Life UK to local firm Petty Wood & Co.

NETHERLANDS: Wessanen to repay Kehe part of Tree of Life proceeds

1 Dec 2010

Dutch food group Wessanen has been ordered to repay Kehe part of the price the US firm paid for US organic food business Tree of Life.

COMMENT: Dutch courage needed at wobbly Wessanen

15 Jan 2010

Dutch food maker Wessanen this week looked to kick off 2010 with confidence and announced it had found a permanent CEO, as well as outlining its plans to build in Europe. The markets, however, were unconvinced and the company's shares slid in consecutive days. Dean Best reports.

UPDATE: NETHERLANDS: Wessanen dips as Tree of Life sale disappoints

23 Dec 2009

Shares in Dutch organic group Wessanen fell in morning trade today (23 December), after the company announced that it had sold Tree of Life for a price that fell short of market expectations.

US: Wessanen sells Tree of Life to Kehe

23 Dec 2009

Dutch food group Wessanen announced this morning (23 December) that it has reached a deal to sell its US organic unit Tree of Life to Kehe Food for US$190m.

2009's highs and lows - the manufacturers

18 Dec 2009

The food industry is one of the sectors most resilient to economic downturns but 2009 has not been without its challenges for the world's leading manufacturers. The turmoil seen on the financial markets in late 2008 gave way to a deep recession in 2009, where credit remained scarce and manufacturers like Uniq, Bakkavor and Dairy Farmers of Britain faced financial problems - with the latter going to the wall. Some food makers, however, have thrived. Read on for which companies just-food feels had a good 2009 - and which suffered.

NETHERLANDS: Uncertainty over Wessanen as shares yo-yo

18 Dec 2009

Speculation over the future of Wessanen is growing after volatility in the Dutch food group's share price in the last 24 hours.

US: Wessanen sells Liberty Richter to World Fine Foods

20 Nov 2009

Dutch food group Wessanen has claimed “the first step” in its plans to offload its branded and distribution operations in North America with the sale of US food importer Liberty Richter.

NETHERLANDS: Wessanen sells Karl Kemper to private equity

30 Oct 2009

Wessanen, the Dutch food group, has successfully offloaded its German frozen meat business Karl Kemper.

NETHERLANDS: Wessanen to sell frozen units; posts Q3 loss

28 Oct 2009

Wessanen, the Dutch food group, is looking to sell two frozen food units, Karl Kemper and Righi, as part of an ongoing plan to focus on speciality and organic food in Europe.

AUS/US: Carman's secures Kehe distribution

3 Sep 2009

Australian muesli maker Carman's Fine Foods has secured US distribution for three of its muesli bar lines.

Top stories on just-food this week

28 Aug 2009

The downturn has dampened the market for dairy commodities but there are rumblings that prices are on the way back up. This week, we looked at the movement in dairy prices and there is not, as yet, widespread agreement that a recovery is on its way - which would sour Irish cheese giant Glanbia, where more cost cuts look likely to offset falling dairy revenues. The near-term future is also uncertain at US organic food maker Hain Celestial, despite the optimism of the company's management. And, sticking with US organics, Wessanen, the owner of Tree of Life, told us that it had put the business on the block.

US: Wessanen puts Tree of Life on the block

24 Aug 2009

US natural and organic food group Tree of Life looks set to have a new owner by the end of the year after current Dutch parent Wessanen confirmed the business would be sold.

NETHERLANDS: Wessanen to dissolve contract with ex-CEO

29 Jul 2009

Wessanen, the Dutch food group, has announced its intention to dissolve the contract of its ex-CEO Ad Veenhof.

NETHERLANDS: Wessanen posts Q2 loss on US unit charges

29 Jul 2009

Wessanen, the Dutch food group, posted a significant second-quarter operating loss today (29 July), hit by impairment charges at its US beverage unit.

US: Financial irregularities found at Wessanen unit

15 Jun 2009

Wessanen, the Dutch food group, today (15 June) admitted that it has uncovered financial irregularities within one of its branded businesses in North America.

NETHERLANDS: Wessanen interim CEO gets job for another year

23 Apr 2009

Wessanen, the Netherlands-based food group, said today (23 April) that interim CEO Frans Koffrie would continue to lead the company for another year.

NETHERLANDS: Wessanen ponders US exit

22 Apr 2009

Dutch food group Wessanen said today (22 April) that it will start a review on whether to exit all North American businesses and focus on Europe in a bid to streamline its business.

US: Natural Harmony Foods expands SoLean distribution

4 Aug 2008

th food company Natural Harmony Foods will begin stocking its SoLean breakfast products in all Tree of Life Natural Foods warehouses across the US.

Food Forum India 2008 - Quote, Unquote: Day Two

8 May 2008

The challenges of operating in India's fledgling organised retail sector took centre stage at day two of the Food Forum India 2008 conference in Mumbai yesterday (7 May). Meeting ever-changing consumer demands, a nascent supply chain and a sustainable relationship between supplier and retailer were key points of discussion. Here are some of the top quotes from day two's session.

INDIA: Middle class drives demand for imports

7 May 2008

Indian retailers are looking to expand their range of imported foods to cater for growing demand among the country’s ever-more wealthy middle class.

NETHERLANDS: Revamp pays off for Wessanen

26 Feb 2008

A positive showing from Wessanen’s distribution business in North America has led to healthy profits at the Dutch food group.

NETHERLANDS: Europe, US growth buoys Wessanen

1 Aug 2007

Dutch food group Royal Wessanen has posted rising first-half profits despite a drop off in revenues, the company said today (1 August).

US: Tree of Life signs Amish deal

2 May 2007

US organic foods distributor Tree of Life is to handle a range of Amish pastas, the company has announced.

UPDATE: US: Tree of Life eyes more acquisitions after organic buy

24 Apr 2007

US organic food group Tree of Life is open to further acquisitions after it snapped up Florida-based distributor Organica USA.

US: Tree of Life buys Florida organic distributor

24 Apr 2007

US organic food group Tree of Life has bought Florida-based distributor Organica USA for an undisclosed sum.

US: Sweet Success links up with Tree of Life

17 Jan 2007

Sweet Success Enterprises, the functional beverages producer, has announced that it has entered into a distribution agreement with the natural goods distributor Tree of Life, part of the Royal Wessanen food group.

US: Nash Finch appoints new CEO

19 Apr 2006

US food distribution group Nash Finch Company has announced the appointment of Alec C. Covington as its new president and chief executive officer. Covington is also to join Nash Finch board of directors.

US: Wessanen North America appoints new Tree of Life CEO

18 Apr 2006

Royal Wessanen announced today (18 April) the appointment of Richard Lane to the post of president and CEO of its Tree of Life activities in North America.

NETHERLANDS/USA: Ralphs ends supply agreement with Tree of Life

21 Oct 2005

US natural and specialty foods distributor Tree of Life has announced that it has been unable to reach agreement with US grocery retailer Ralphs on the terms of any future business relationship.

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