Europe’s politicians waded into the divisive issue of food labelling this week and issued a red light to imposing mandatory traffic-light labels. Danone’s international expansion motored on with a deal in Russia, while Brazilian meat group Marfrig made another overseas acquisition – but has it over indulged?
EU: Country info – but not traffic lights – gets MEP backing
Compulsory country-of-origin food labelling could become mandatory for all meat, poultry, dairy products and other single-ingredient products sold in the EU after it was accepted by the European Parliament this afternoon (16 June).
Go deeper with GlobalData
RUSSIA: Danone teams up with Unimilk
French dairy giant Danone is to merge its Russian fresh dairy business with local firm Unimilk.
Comment: End of dairy quotas makes EU mergers inevitable
The spectre of the end of dairy quotas in the EU is prodding dairy processors across the continent to combine.
Comment: Marfrig faces threat of indigestion amid global expansion
Brazil’s meat groups are leading the charge in the globalisation of the meat sector – but has Marfrig bitten off more than it can chew?
On the money: Sainsbury’s King cautious on UK consumers
Sainsbury’s chief executive Justin King today (16 June) cautioned that consumer confidence in the UK remained weak and warned next week’s Budget could dampen sentiment still further.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataComment: Casey’s results weaken Couche-Tard’s hand
Yesterday’s (15 June) annual results from Casey’s General Stores have only underlined the mammoth task ahead of Couche-Tard if it is to succeed with its takeover without significantly rethinking what it is prepared to offer.
GLOBAL: Kellogg aims to “leverage power of K” overseas
Kellogg said today (15 June) that the US food group would continue to use its branded portfolio to drive sales overseas – through relaunches, the introduction of new products and the roll out of brands into new markets.
US/UK: Hain Celestial buys UK food-to-go firm Churchill
US natural and organic food group Hain Celestial has snapped up UK business Churchill Food Products for an undisclosed sum.
JAPAN: Seven & I takes own label to China
Japan’s leading retailer Seven & I Holdings is planning to expand its private-label business overseas – and China is the first target this year.
