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M&A and joint ventures

Katie Smith

UPDATE: GERMANY: Odenwald Früchte eyes more M&A after FrieslandCampina brand deal

4 September 2013 | Katie Smith

German food company Odenwald Früchte has said it is looking for further opportunities to strengthen its business, following the acquisition of dairy brands Mark Brandenburg and Milchreiter from FrieslandCampina.... read more


UK: Muller acquires UK operations of dairy group Nom

4 September 2013 | Katie Smith

German dairy giant Unternehmensgruppe Theo Müller has acquired the UK operations of Austrian rival Nom, as it looks to expand its presence in the country's private label yoghurt market.... read more


GERMANY: FrieslandCampina sells dairy brands to Odenwald Früchte

4 September 2013 | Katie Smith

FrieslandCampina is to sell two of its German dairy brands, Mark Brandenburg and Milchreiter, to local firm Odenwald Früchte for an undisclosed sum.... read more


GERMANY: Metro, Auchan coy over "Real talks"

18 May 2012 | Katie Smith

Metro Group and Auchan have refused to be drawn on reports the two retailers are in talks over the German retail giant's Real hypermarkets in central and eastern Europe.... read more


On the money: Hain points to US benefit of Irish deal

4 May 2012 | Katie Smith

Hain Celestial has said its acquisition of Irish food firm Cully & Sully will help it roll out chilled products in the US.... read more


US: Hain Celestial buys Irish soup firm Cully & Sully

4 May 2012 | Katie Smith

US food company Hain Celestial has acquired Irish chilled soup manufacturer Cully & Sully as the company continues to expand its international business.... read more


just the answer - Biscuits Leclerc CEO Denis Leclerc

31 January 2012 | Katie Smith

Last month, Canadian biscuit firm Groupe Biscuits Leclerc expanded its presence in the US, with the acquisition of snack bar brand Go Pure. In the latest just the answer interview, Katie Smith discusses the acquisition and the biscuit company's plans for the future with CEO Denis Leclerc, including setting up in the UK.... read more


Quote, unquote: just-food's week in words

23 December 2011 | Katie Smith

This week, UK retailers Thorntons and Ocado issued profit warnings, while US food giant General Mills revealed a fall in quarterly profits. Meanwhile, in Europe, Italian retailer Conad acquired German retailer Rewe's 43 Billa stores in the country.... read more


UK/FINLAND: Unilever completes Finnish ice cream deal

22 December 2011 | Katie Smith

Unilever has completed the acquisition of Finnish firm Ingman Ice Cream.... read more


US: New World Pasta to buy brands from Strom Products

22 December 2011 | Katie Smith

New World Pasta, a subsidiary of Spanish food company Ebro Foods, is set to acquire two brands from sales and marketing firm Strom Products.... read more


SWEDEN: Skanemejerier owners give all-clear to Lactalis talks

21 December 2011 | Katie Smith

The owners of Swedish dairy co-op Skånemejerier have given the company the green light to finalise talks to sell the business to Lactalis.... read more


US: Shares in General Mills slide as profits fall

20 December 2011 | Katie Smith

Shares in General Mills fell 2.2% today at 9:49 ET (20 December) after the group posted a drop in half-year profits.... read more


US: Imperial Sugar sells interest in Louisiana venture

20 December 2011 | Katie Smith

Imperial Sugar has sold its stake in the Louisiana Sugar Refining venture to Cargill and Sugar Growers and Refiners.... read more


IRELAND: Total Produce to buy half of Frankort & Koning

20 December 2011 | Katie Smith

Total Produce, the Ireland-based fresh produce firm, is set to acquire 50% of fruit and vegetable trader Frankort & Koning.... read more


Quote, unquote: just-food's week in words

19 December 2011 | Katie Smith

This week, Swedish confectionery companies Cloetta and Leaf International revealed plans to merge. Elsewhere, Carrefour announced plans to buy its French retail franchise partner Guyenne et Gascogne and on this side of the Channel, Premier Foods sold off another division, this time in Ireland to The Boyne Valley Group.... read more


UK/IRELAND: Premier Foods sells Irish unit to Boyne Valley Group

16 December 2011 | Katie Smith

UK food manufacturer Premier Foods plc has signed an agreement to sell its Irish business to The Boyne Valley Group.... read more


CANADA: Sobeys strikes deal to buy 250 Shell outlets

15 December 2011 | Katie Smith

Canadian grocer Sobeys is set to acquire 250 gas outlets from Shell Canada, after posting an increase in half-year profits.... read more


Quote, unquote: just-food's week in words

12 December 2011 | Katie Smith

India hit the industry headlines again this week after the country's government decided to suspend its plans to allow more foreign investment into the local retail sector. Meanwhile, here in the UK, Premier Foods plc, the country's largest food maker, continued its restructuring with the sale of its Brookes Avana division, while Kraft Foods announced plans to revamp its UK manufacturing network leading to a loss of 200 jobs at its Cadbury arm.... read more


US: Hershey to buy Canadian candy firm Brookside Foods

9 December 2011 | Katie Smith

US confectioner Hershey is set to expand its brand portfolio by acquiring Canadian-based confectionery firm Brookside Foods.... read more


US: Brynwood Partners buys PepsiCo's Kretschmer brand

1 December 2011 | Katie Smith

US private-equity firm Brynwood Partners' newly-formed company Sun Country Foods has acquired the Kretschmer wheat germ brand from PepsiCo.... read more


US: ConAgra raises stake in Agro Tech Foods

29 November 2011 | Katie Smith

US food maker ConAgra Foods has today (29 November) increased its stake in Indian firm Agro Tech Foods, making it the majority shareholder.... read more


ALBANIA: Carrefour opens first hypermarket in Albania

29 November 2011 | Katie Smith

Carrefour has today (29 November) confirmed that it has opened its first hypermarket in Albania.... read more


UK: Tulip adds Parkam Foods to portfolio

28 November 2011 | Katie Smith

Danish Crown's UK arm Tulip has acquired four meat companies from chilled meat producer Parkam Food Group.... read more


Quote, unquote: just-food's week in words

28 November 2011 | Katie Smith

India's cabinet was met with opposition from large sections of the parliament, because of the decision that foreign companies can now own 51% of multi-brand retail stores. After Campbell Soup Co. posted a drop in first-quarter profits and Metro Group appointed a new CEO, both companies have work ahead of them. Meanwhile, General Mills blasted research that the lining of some soup cans increases levels of bisphenol A (BPA).... read more


US: CHS snaps up soy protein firm Solbar

24 November 2011 | Katie Smith

US co-operative CHS has acquired Israel-based soy ingredients firm Solbar Industries.... read more


UK: Unilever likely to sell staple food brands - Fitch

15 November 2011 | Katie Smith

Ratings agency Fitch has said it expects consumer goods group Unilever to offload individual food brands and focus on its fast-growing personal care business.... read more


UPDATE: UK: Wiseman targets lactose intolerant with A2 Corp. JV

14 November 2011 | Katie Smith

Robert Wiseman Dairies has today (14 November) established a joint venture company with milk firm A2 Corp.... read more


BRAZIL: PepsiCo buys biscuit manufacturer Mabel

10 November 2011 | Katie Smith

PepsiCo has today (10 November) confirmed that it has acquired Brazilian biscuit manufacturer Mabel.... read more


BRAZIL: Brasil Foods to sell assets to beef producer?

8 November 2011 | Katie Smith

Brasil Foods is reportedly set to sell some of its assets to beef producer Marfrig Alimentos.... read more


GERMANY: Arla wins EU approval for Allgauland-Kasereien

8 November 2011 | Katie Smith

Dairy giant Arla Foods has today (8 November) has received EU approval for its purchase of German dairy Allgäuland-Käsereien.... read more


Quote, unquote: just-food's week in words

7 November 2011 | Katie Smith

This week, food giants continued to post third-quarter results including German retailer Metro Group and food manufacturer Kraft Foods. Meanwhile, B&G Foods snapped up four food brands from Unilever. However, Diamond Foods' acquisition of Proctor & Gamble's brand Pringles has been delayed six months due to an investigation.... read more


SINGAPORE: Olam acquires Vallabhdas Kanji's spices unit

2 November 2011 | Katie Smith

Singapore-based ingredients group Olam International has acquired the bulk and own-label operations of Indian spice maker Vallabhdas Kanji (VKL).... read more


Quote, unquote: just-food's week in words

31 October 2011 | Katie Smith

This week, key M&A announcements dominated the headlines with US food maker Hain Celestial acquiring UK chilled foods firm Daniels Group, in a bid to expand the international presence of both companies. Ireland-based Greencore was in sales talks with unnamed sources. Meanwhile, rival confectioneries Ferrero and Hershey look to expand overseas.... read more


CANADA: Metro Inc acquires majority stake in Marche Adonis

27 October 2011 | Katie Smith

Canadian grocery retailer Metro Inc has acquired a majority share in food retailer Marché Adonis.... read more


UK: Dunbia acquires meat supplier Heathfield Foods

25 October 2011 | Katie Smith

UK meat processor Dunbia has acquired pork supplier Heathfield Foods. ... read more


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