Plum Organics this week joined Happy Family and Ella’s Kitchen as three organic baby food brands set to have new, multinational owners. Campbell Soup Co. is to buy Plum, joining Danone and Hain Celestial as three food majors that have looked to invest in the growing category in just a month.
Campbell to buy US baby food group Plum Organics
Campbell Soup Co. has swooped to buy US-based baby food firm Plum Organics, the third significant acquisition in the organic baby food sector in just three weeks. The US soup manufacturer, Danone and Hain Celestial have all struck deals this month in a growing category.
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BRICs and beyond: Hard-headed Danone makes fresh China yoghurt foray
Danone is to make another attempt to tap into the booming demand for fresh dairy products in China. The French food group is teaming up with Chinese dairy giant Mengniu, the largest yoghurt producer in the country. However, the two companies’ previous attempt as a venture ended after just a year. Can Danone succeed this time? Dean Best reports.
The just-food interview: Dairy Crest CEO Mark Allen
Dairy Crest has said it has had a “transformational” year, characterised by an increased focus on its domestic business and a drive to boost efficiency. The company is now plotting a number of investments designed to grow both the top and bottom line. In a two-part just-food interview, Katy Askew spoke to CEO Mark Allen about how Dairy Crest is improving its cost base and shifting to higher margin products.
Deal or no deal: UK crisp firm Tyrrells could attract snack majors
Private-equity firm Langholm Capital is said to be putting Tyrrells, which it has owned for five years, up for sale. Langholm refuses to comment but first-round bids are expected next month. The likes of Kellogg, Intersnack and Raisio have been put forward by industry analysts as potential suitors.
See Also:
CHINA: Hershey launches first foreign brand
Hershey is to launch its first confectionery brand outside the US in its history with the roll out of Lancaster milk candies in China.
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