Smart Balance Archives - Just Food
Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here

Smart Balance

Why Pinnacle Foods faces work on Boulder Brands

There has been more consolidation in the US food industry, with another big player largely focused on stagnant categories moving for a business in a growing area of the sector. Pinnacle Foods, the business behind...

Food industry news of the week – Ackman and Mondelez, Maggi, Nakd

Food industry news of the week – Ackman and Mondelez, Maggi, Nakd

Activist US investor Bill Ackman got the market talking this week with the disclosure he has invested in Mondelez International. Could he be betting on an eventual bid for the Cadbury owner from the new Kraft Heinz Co.? Meanwhile, the row over the Maggi continued, with India's food safety watchdog brushing off tests that appeared to clear Nestle's noodles. And three UK snacks businesses hit the headlines. The owners of Nakd owner Natural Balance Foods are weighing up their options, Bear owner Urban Fresh Foods is looking at ways to expand internationally - which could involve investment in the business. And crisp firm Tyrrells snapped up an Australian snack maker.

Boulder Brands CEO Steve Hughes resigns

Boulder Brands CEO Steve Hughes has resigned from the US food group, the company said today (10 June). The owner of brands including Udi's and Smart Balance has appointed COO…

Boulder Brands cuts 2015 sales forecast

Shares in Boulder Brands tumbled yesterday (26 February) after the US food group cut its forecast for 2015 sales, pointing to expected lower growth from its gluten-free brands. The Udi's and…