Russia’s move to block a range of food imports from the US, the EU and other countries dominated this week’s headlines. Elsewhere, the speculation around United Biscuits intensified, with Kellogg said to be mulling a bid for the UK snack maker. Our interview pages included the head of United Biscuits’ international arm discussing its growth prospects overseas – which could be key to any potential bid for the business.
Food in crossfire as Russia retaliates
Moscow has banned a range of foodstuffs from the US, the EU and other countries in response to the steeping of sanctions from the West. Resd our rolling hot issue coverage as the food industry reacts to the embargo.
Go deeper with GlobalData
UK: Kellogg mum on United Biscuits interest
Kellogg has declined to comment on reports that it is preparing a GBP2bn (US$3.4bn) bid for UK McVitie’s-to-Jacob’s biscuit maker United Biscuits.
Click here for our interview with Jeff van der Eems, the head of United Biscuits’ international division, held last week, as he outlined the UK snack maker’s plans to further grow abroad.
UK/AUS: FMCG group PZ Cussons to buy Oz yoghurt firm Five:Am
UK-based consumer goods group PZ Cussons has moved to add to its food business with a deal to buy Australian organic yoghurt firm Five:Am.
On the money: Mondelez faces trade resistance to price increases
Mondelez International lowered its sales outlook this morning (6 August) after the snack maker saw its top line come under pressure in the first-half, when retailers in Europe and Australasia reacted to price increases by delisting SKUs and suspending shipments.
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By GlobalDataOn the money: Where will acquisitive Saputo find its next M&A target
Canadian dairy group Saputo is continuing to examine further M&A opportunities even as it digests recent acquisitions including Australia’s Warrnambool Cheese and Butter Factory and the Atlantic Canada fluid-milk business of Scotsburn Cooperative Services. Katy Askew reports.
Analysis: URC’s two-pronged strategy for NZ snacks firm Griffin’s
Universal Robina Corp. appears to have two main areas of focus for Griffin’s Foods – launching the New Zealand snacks maker’s products in south-east Asia and using the business’s presence in Australia to enter that country’s own-label business. Dean Best looks at the Philippines-based group’s plans.Griffin’s Foods is New Zealand’s largest biscuit maker by sales but its prospective new owner has plans for the business that extend far beyond its home market.
The just-food interview part two: Premier Foods CEO Gavin Darby
Premier Foods plc has strengthened its financial position and is building profitability through a focus on cost reduction. However, the UK company is finding the going tougher as it looks to accelerate its sales growth. Chief executive Gavin Darby spoke to just-food about how Premier is adapting to the changing landscape in UK grocery retail.
BRICs and beyond: How Mexico’s obesity fight has turned to advertising
Mexico is a country battling diet-related health problems. The nation’s diabetes right is the highest among the members of the OECD. Last year, legislation was passed for a tax on high-calorie foods. Now, food manufacturers operating in Mexico have had restrictions placed on their advertising. Paula Krizanovic reports.
UK: ABF’s Allied Bakeries to close UK bakery
Allied Bakeries, the UK bread arm of Associated British Foods, has confirmed plans to close a bakery in south-east London as it nears the end of a programme of investment in is baking facilities.
