US snack firm Snyder's-Lance is reported to be in negotiations to offload its own-label snacks business Vista. Citing two unnamed sources, Bloomberg said ConAgra Foods, TreeHouse Foods and Ralcorp Holdings are interested in the unit, ...
Tags: Snyder's-Lance, own-label snacks, unnamed sources, ConAgra Foods
Post Holdings said this morning (22 October) that it expects to "meet or slightly exceed" its full-year earnings forecasts. The ready-to-eat cereal maker said that it expects to hit, or beat, its previously announced EBITDA guidance range ...
Tags: Post Holdings, earnings, cereal, food market
US cereal maker Post Holdings has recorded an increase in third-quarter profits and reaffirmed its outlook for the year. In the three months to the end of June, earnings reached US$15.8m, compared to $1.6m in the prior-year quarter, when ...
Tags: Post Holdings, cereal market, profits, earnings
US firm MOM Brands has added multigrain berry and multigrain cinnamon varieties to its Three Sisters cereal line. The additions bring the line-up of the shredded wheat cereal range to ten. All the varieties are made with whole grain oats, ...
Tags: MOM Brands, multigrain berry, cereal line, food industry
General Mills has added to its Betty Crocker bakery mix brand in the US with the launch of a Shake-n-Pour dessert line and cereal-flavoured muffins. The Shake-n-Pour dessert line is available in three variants: Chocolate Brownies, ...
Tags: General Mills, Betty Crocker, Shake-n-Pour, muffins
Premier Foods plc has become the latest company to launch a range of breakfast biscuits in the UK. The group is hoping to tap into the GBP33m (US$52.4m) breakfast biscuit market with the launch of Hovis Breakfast Bakes. It has ...
Tags: Premier Foods, breakfast biscuit market, Hovis Breakfast
Finnish retailer S Group has booked higher half-year profits on the back of improved sales. S Group today (16 August) reported a 2.9% increase in first-half profit to EUR80.6m (US$99.6m). Retail sales were up 5.8% to EUR5.84bn. The ...
Tags: S Group, half year profits, sales, food company
Annual profits from Associated British Foods' grocery business, which includes Kingsmill bread and Jordans cereal, fell 23%, the UK-based group said today (6 November). Adjusted operating profit from the grocery arm, which also sells ...
Tags: annual profits, Associated British Foods, grocery business, Kingsmill
US-based food company Kellogg has introduced new versions of its breakfast cereals as well as a new cereal in the US, in order to take advantage of the momentum generated by other recent new breakfast products. The new products include ...
Tags: Kellogg, breakfast cereals, breakfast products, food industry
Mornflake has expanded its cereal range in the UK to include an Oatbran line. Available in major retailers with an RSP of GBP2.79 (US$4.36), the range is available in four variants: Very Berry Oatbran Muesli, Cranberry & Nut Oatbran ...
Tags: Mornflake, cereal range, Oatbran line
Finnish food group Raisio is to cut jobs in its domestic market as reshapes the business to lower costs and make it more efficient. The company said the streamlining would affect 56 staff. Raisio's domestic consumer foods business will ...
Tags: jobs, food group, food
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum. Gelit, based in Cisterna di Latina, employs around 130 staff and produces frozen ready meals for sale in the US and Italy. The ...
Tags: Ralcorp Holdings, frozen ready meals, food industry, company news
Ralcorp Holding has sold its remaining stake in cereal maker Post Holdings as it looks to free up funds to support its growth strategy. The company said that the sale of its remaining 20% Post stake will reduce outstanding debt by ...
Tags: Ralcorp Holding, Post Holdings, growth strategy, food industry
Ron Wilkinson, president of Ralcorp Holdings' own-label cereal business, plans to leave the US food company. Wilkinson will step down from the role of president of Ralcorp Cereal Products on 30 September. "Ron has contributed greatly to ...
Tags: Ralcorp Holdings, Ron Wilkinson, food company, food industry