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December 15, 2014

2014 in review: the year’s most-read news stories on just-food

The takeover battles for Chiquita Brands International and for Hillshire Brands were among the stories that grabbed your interest in 2014.

By Dean Best

The takeover battles for Chiquita Brands International and for Hillshire Brands were among the stories that grabbed your interest in 2014. Click on the headlines for more.

UPDATE: Cutrale, Safra criticise Chiquita rejection
Brazilian juice maker Cutrale Group and investment firm Safra Group hit out at Chiquita Brands International for rejecting their takeover offer, arguing the move was a sign of the produce giant’s record of destroying value for investors.

Dairy group Valio to axe jobs after Russia ban
Finnish dairy manufacturer Valio said it would be cutting jobs as a result of Russia’s ban on EU food imports. 

Tyson enters Hillshire Brands race with US$6.8bn bid
Tyson Foods, the US meat giant, today (29 May) tabled a US$6.8bn takeover bid for Hillshire Brands, trumping an offer from poultry processing rival Pilgrim’s Pride.

Mondelez to launch gifting brand Cadbury Glow in India
Mondelez International is targeting Indian consumers who want to buy chocolate as a gift with the launch of Cadbury Glow.

Cargill, Copersucar to form sugar JV
Cargill and Copersucar have announced plans to combine their global sugar operations in a 50-50 joint venture.

Greencore buys c-store supplier Lettieri’s
Ireland-based private-label group Greencore has moved to expand its business in the US with the acquisition of food-to-go supplier Lettieri’s.

Mengniu upbeat on growth prospects as earnings rise
Chinese dairy major China Mengniu Dairy Co. said today (26 March) expects to capitalise on the growth opportunities presented by the consolidation of an expanding domestic sector.

ABF to acquire Dorset Cereals
Associated British Foods is understood to have entered an agreement to acquire upmarket cereal brand Dorset Cereals.

United Biscuits to cut jobs at UK plant
United Biscuits is to axe jobs at its McVitie’s plant in Glasgow, the company confirmed today (28 November) as the snacks group makes “major changes” at the site.

FrieslandCampina, Huishan in infant-formula JV talks
Dutch dairy firm FrieslandCampina has announced it has entered into discussions with China Huishan Dairy Holdings Company for an infant-formula joint venture.

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