Green Giant sales in decline in US

Green Giant sales in decline in US

The speculation around General Mills' ailing Green Giant brand continued this week with claims Bonduelle is eyeing up the unit. We looked at the likelihood of the French group making an offer. Meanwhile, Danone decided to merge is under-pressure Chinese infant formula arm business with local dairy giant Mengniu and we looked at the key takeaways from Campbell Soup Co.'s investor day in the US.

Deal or no deal: Will Bonduelle swoop for Green Giant?
With General Mills apparently preparing to sell its Green Giant brand, Bonduelle is rumoured to be looking at a bid. The fit between Green Giant and Bonduelle's existing business is a natural one and the move would significantly step up the French group's presence in North America. However, Green Giant has seen lacklustre sales and its market share decline. Would Bonduelle move for a turnaround story? Katy Askew investigates.

Danone to merge Dumex with Mengniu in China
Danone will merge its Chinese infant formula brand Dumex with the infant formula business of local dairy giant Mengniu in order to build a "strong local platform" in the sector.

10 things to learn: Campbell Soup Co.'s plans for growth
Campbell Soup Co. is undergoing some significant changes in response to a new economic reality and shifting consumer preferences. These changes are both structural and cultural. On the one hand, the group wants to leverage its scale, on the other, it recognises the need to be "agile" and adopt a "challenger mindset". At the company's investor day yesterday (22 July), its management detailed how Campbell intends to move into faster growth areas of the stagnating food sector. Here are just-food's key takeaways from the event.

Haribo to expand in China, US, UK and Brazil
Haribo has set out its plans for expansion in four international markets - China, the US, the UK and Brazil.

A2 Milk rejects Freedom Foods, Dean Foods offer
New Zealand dairy processor A2 Milk Co. has turned down takeover interest from Freedom Foods Group and the Australian group's bid partner, Dean Foods, the US dairy giant.

Interview: Seabrook Crisps CEO Jonathan Bye eyes further growth with LDC backing
Senior management at Seabrook Crisps have led a buy-out of the UK firm, backed by private-equity group LDC. Seabrook CEO Jonathan Bye, appointed in 2012 at a challenging time for the business, is one of the executives involved in the deal and he speaks to Dean Best about the outlook for the Yorkshire-based company.

Australia outlines country-of-origin label plans
The Australian federal government today (21 July) announced plans to introduce more comprehensive country-of-origin labelling requirements.

Mars invests EUR100m in Netherlands factory
Mars Inc has confirmed it is to invest over EUR100m (US$108.3m) in a chocolate factory in the Netherlands to increase efficiency and expand capacity.

Unilever, Alibaba form partnership in China
Chinese e-commerce giant Alibaba Group and Unilever have struck a "comprehensive strategic partnership" they claimed will enable the FMCG giant to reach customers with "unprecedented precision and effectiveness".

The bitesize interview: Flapjacked rides on back of protein buzz
US protein-based pancake mix maker Flapjacked has just launched its second product - muffins - to try to tap into growing demand for on-the-go protein products. Launched in 2012 by husband and wife team David and Jennifer Bacon in 2012, the company believes consumers do not just want protein but better-for-you products. Hannah Abdulla learns more.