Hain Celestial has today (22 August) been announced as the buyer of Premier Foods plc's spreads assets, including brands such as Hartley's jam and Sun-Pat peanut butter. The US food group had been linked to Premier's spreads business, ...
Tags: Hain Celestial, Premier Foods plc, peanut butter, food industry
Hain Celestial has posted "record" full-year financial results on a significant day in the US company's recent history. The company booked a 44% leap in annual net income for the year to the end of June. Operating profit increased 36.3%. ...
Tags: Hain Celestial, financial result, food company, food industry
South African retailer Massmart has booked an increase in annual profits on the back of improved sales. The company, in which Wal-Mart Stores owns a majority stake, yesterday (22 August) filed an 8.9% increase in underlying headline ...
Tags: WalMart Stores, annual profits, Operating profit, food retail
South African consumer goods group Tiger Brands has reported higher annual profits as improved earnings from its international markets offset challenging conditions at home. Tiger said operating income from its export markets "more than ...
Tags: Tiger Brands, Export Markets, consumer goods
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 German company is paying 297p per Zetar share, which ...
Tags: food company, Food Firm, confectioner firm, snack firm
Tesco's US venture Fresh & Easy has extended its private-label offering with the launch of a 'Made Easy' convenience line. The range, which includes 39 varieties of bag salads and kits, micro-steamers, and sliced & diced vegetables has ...
Tags: salads, sliced vegetables, diced vegetables, easy meal
The global manufacturer and marketer of branded and private label apparel products for men,women and children,said that it has agreed to acquire the trademarks of LittleMissMatched. Founded in 2003 as a line of non-matching socks sold in ...
Tags: LittleMissMatched, private label apparel, iconic lifestyle brand
US canned food firm Seneca Foods has announced it could buy local peer Independent Foods. Seneca Foods said it had signed an MOU "contemplating an acquisition" of the company, which makes branded and own-label canned fruit. Any deal ...
Tags: canned food, acquisition, Seneca Foods
Private-equity firm Wind Point Partners has snapped up US snacks group Shearer's Foods in a takeover backed by former Sara Lee executive C.J. Fraleigh. Wind Point Partners has acquired what it called "the largest producer of private-label ...
The Whitelines Hard Wired Notebooks with Black Cover and Some Matching Fountain Pens One of the cool office supplies I got to get a look at when i was at the National Stationery Show were these new Whitelines notebooks with black ...
Tags: Whitelines, Hard Wire, A5, Black Cover
ConAgra Foods has swooped to buy US own-label group Ralcorp Holdings, a business that rejected a number of takeover bids from the company last year. The $90-a-share deal, which values Ralcorp at US$6.8bn, was announced today (27 ...
Tags: Ralcorp Holdings, Post Holdings, packaged food companies
2 Sisters Food Group has added to its Goodfella's pizza line in the UK with the launch of a premium range. Goodfella's Superiore is inspired by the "success" of the Flatbread range in the portfolio, the firm said, and comprises three ...
Tags: Pizza, Food, foodservice
In a first for African retail,the World Wide Fund for Nature South Africa(WWF-SA)and Woolworths have announced a broad-based,multifaceted partnership to drive greater sustainability through selected Woolworths products and operations.The ...
Tags: WWF-SA, Woolworths, African, dairy, beef, seafood, textiles
TreeHouse Foods has named Dean Foods executive Chris Sliva as COO of its Bay Valley Foods unit. Sliva's appointment to the newly-created role reflects the "new alignment" of its senior management, TreeHouse said. This is a reflection of ...
Tags: TreeHouse Foods, Dean Foods, Chris Sliva, Bay Valley Foods unit
Dutch food group Wessanen has taken full control of frozen food maker Favory Convenience Food. It has bought the 35.9% stake it did not already hold from Rabo Capital for EUR5m (US$6m). Wessanen is looking to maximise the value of its ...
Tags: Wessanen, frozen food, Favory Convenience Food, takeover