Hormel Foods pays US$425m for meat firm Fontanini 17 Aug 2017

Andy Coyne

US-based Hormel Foods has acquired Fontanini Italian Meats and Sausages, a local foodservice business, from Capitol Wholesale Meats, for US$425m.

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Florette buys MyFresh unit from William Jackson 17 Aug 2017

Andy Coyne

Florette has acquired part of UK firm MyFresh from William Jackson Food Group in a move the France-based salads supplier said would help it target the country's convenience and foodservice customers.

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Marfrig to re-open three beef slaughterhouses 17 Aug 2017

Andy Coyne

Brazilian meatpacking firm Marfrig Global Foods is to re-open three slaughterhouses amid a "positive phase" in domestic cattle production.

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PepsiCo takes Sunbites into nuts with mixes line 17 Aug 2017

Andy Coyne

PepsiCo is further broadening its Sunbites range in the UK with the launch of a line of nut mixes.

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Southern Salads blames Brexit as UK firm enters administration 17 Aug 2017

Andy Coyne

Southern Salads, a UK-based fresh salads supplier, has gone into administration with blame being levelled at rising import prices for fresh vegetables after the Brexit vote last summer.

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Export growth boosts MHP's H1 figures 17 Aug 2017

Andy Coyne

Ukrainian poultry group MHP has seen its sales surge in the first half of the year on the back of strong export growth.

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Bell grows H1 profits despite pork price pressure 17 Aug 2017

Dean Best

Switzerland's Bell Food Group today (17 August) booked rising first-half profits despite seeing a "substantial" rise in pork commodity prices in some key European markets.

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Hochdorf H1 profits up, trims FY sales target 17 Aug 2017

Dean Best

Hochdorf today (17 August) reported M&A-driven improvement in half-year sales and profits - but the Switzerland-based dairy and infant formula supplier lowered its target for annual sales amid pressure on volumes in the first half and on the prospect of "demanding" trading conditions.

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FrieslandCampina seeks faster decisions through restructure 16 Aug 2017

Andy Coyne

FrieslandCampina, the Dutch dairy cooperative, is attempting to simplify the organisation and make one of the largest companies in the sector more responsive to market trends.

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US produce distributor IF&P bought by PE firm 16 Aug 2017

Andy Coyne

Private-equity firm Rotunda Capital Partners has acquired US produce distributor IF&P for an undisclosed sum.

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Tyson Foods invests US$84m in Tennessee poultry plant 16 Aug 2017

Andy Coyne

US chicken giant Tyson Foods is to invest US$84m in an expansion to its poultry plant in Union City, Tennessee.

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Mondelez to cut Cadbury jobs in Australia in fresh efficiency drive 16 Aug 2017

Dean Best

Mondelez International has set out plans for a programme of investment at a Cadbury factory in Australia - but the move will lead to the loss of 50 jobs.

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Brexit - UK proposes "no hard border" for trade with Ireland 16 Aug 2017

Dean Best

The UK today (16 August) announced it wants to see "no hard border in the movement of goods" between the country and Ireland, setting out its position on one of the thorniest Brexit issues.

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Storck to launch Knoppers in UK 16 Aug 2017

Dean Best

Germany-based confectioner August Storck is to launch wafer-based confectionery brand Knoppers in the UK, targeting parents and children at the start of the new school term next month.

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Veggie Noodle Co. sells stake to private-equity firm Encore Consumer Capital 16 Aug 2017

Dean Best

Veggie Noodle Co., a US supplier of spiralised noodles, has sold a minority stake in its business to private-equity firm Encore Consumer Capital.

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Thailand’s Charoen Pokphand Foods H1 profits up despite livestock pressure 16 Aug 2017

Dean Best

Charoen Pokphand Foods, the Thailand-based meat and seafood group, saw its earnings in the first half of the year rise despite a sharp fall in segment profits from its livestock division.

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Marfrig losses widen on lower sales 16 Aug 2017

Dean Best

Brazil-based meat supplier Marfrig has booked half-year losses of more than BRL400m (US$126.9m) hit by exchange rates and a near-12% drop in revenues.

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Andros JV means end to Heritage Foods German talks 16 Aug 2017

Raghavendra Verma

Heritage Foods ended talks with an unnamed German dairy producer to team up with France's Andros, the Indian company has told just-food.

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Real Good Food receives cash injection from bank 16 Aug 2017

Andy Coyne

UK ingredients and bakery group Real Good Food has acted to shore up its short-term working capital requirements by agreeing a "cash-collaterised" overdraft facility with Lloyds Bank.

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Princes targets premium and health trends with Napolina spray oils 16 Aug 2017

Andy Coyne

Napolina, the Italian cooking brand owned by the UK-based food and drink group Princes, is launching a range of spray olive oils to align with market trends such as health, convenience and premiumisation.