UK: Kinnerton, Unilever launch branded chocolates
UK confectioner Kinnerton has entered into a licensing deal with Unilever that will see ice cream brands including Magnum and Cornetto launched into confectionery.
Zetar
just-food review of 2012: M&A revival but caution hinders big deals
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. However, a look at just-food's M&A coverage this year shows there have been few big-ticket, transformational deals.
Editor’s choice: the highlights on just-food last week
The IGD's annual convention attracts the leading executives from the UK FMCG sector and last week they heard the likes of Tesco, Sainsbury's, Unilever and Heinz discuss the economy, multichannel strategies, labelling and innovation. Elsewhere, Wal-Mart outlined its expansion plans for next year, Mars called on the chocolate sector to co-operate more on sustainable cocoa (which it said would cost billions) and Kellogg revealed the possible financial impact of its latest recall.
Quote, unquote: just-food’s week in words
This week, the chief executives of Tesco, Sainsbury's and Marks and Spencer, convened in London for the IGD's annual convention where the likes of Philip Clarke, Justin King and Marc Bolland discussed the key issues facing the industry. Elsewhere, William Jackson Food Group expressed its delight at securing ownership of Abel & Cole, German food company Zertus bought confectioner Zetar, while Paramount Foods went into the hands of administrators.
In the spotlight: Zetar aims for sweeter future with Germany’s Zertus
Zetar's decision to accept a bid from Germany's Zertus raised eyebrows but the UK confectioner and snack firm, frustrated at not being able to grow as quickly as it wanted, sees the sale as a way to fulfil its European ambitions.
GERMANY/UK: German food firm Zertus to buy UK snack group Zetar
German food company Zertus has struck a deal to buy UK confectioner and snack firm Zetar. Zertus and London-listed Zetar announced an agreement valuing the UK firm at GBP43.7m. The…
UPDATE: UK: Zetar eyes sales growth with Unilever Marmite deal
Zetar has said its licensing deal with Unilever to produce and sell Marmite nuts forms part of its plan to increase sales by 20% over the next three years. The…
UK: Zetar signs Unilever Marmite licensing deal
UK confectioner and snack maker Zetar has entered into a licensing agreement with Unilever to manufacture and sell Marmite nuts. The deal, announced this morning (13 August), will see Zetar…
Editor’s choice: the highlights on just-food last week
Anxiety grew this week that unusual weather in the US, UK and elsewhere could push up commodity prices. The row over milk prices in the UK continued, with farmers blockading…
Quote, unquote: just-food’s week in words
While the row over UK farmgate milk prices rumbled on this week, elsewhere first-half results hit the just-food news desk. Safeway sounded an upbeat note on the performance of its…
On the money: Confectioner Zetar targets sales growth
UK confectioner and snack firm Zetar today (18 July) indicated it sees its sales increasing by 20% of the next three years on the back of NPD at home and…
