Six of France's largest retail chains have pulled products from their shelves amid concerns the lines could contain horse meat. Retailers including Carrefour and Casino have recalled SKUs supplied by Findus and by French supplier Comigel, ...
Tags: horse meat, retail chains, meat
UK police have raided two meat firms as part of an investigation into how beef products containing horse meat have been sold. The UK Food Standards Agency issued a statement yesterday evening (12 February) to say its officials and police ...
Tags: meat firms, horse meat, Food
The UK's Food Standards Agency has confirmed the level of horse meat contamination in Findus UK branded lasagne stood at 60%. The lasagne, which was manufactured on behalf of Findus by French group Comigel, was withdrawn from sale on ...
Tags: Findus lasagne, horse meat, Food
Findus Group has announced that Unilever's chairman for Italy, James Hill, will become its new CEO. Hill will take up the role at Findus on 1 April, the company said today (17 January). At Findus, Hill will be asked to use his experience ...
Tags: Findus, CEO, James Hill
TXT e-solutions announced that it will release 5.0 of TXTPlanning,its Integrated Retail Planning platform,at the National Retail Federation's(NRF)Annual Convention&EXPO in New York,on January 14-15. From booth#775,the TXT Maple Lake team ...
Tags: TXT, new Integrated Retail solution at NRF expo, 5.0 of TXTPlanning
French vegetable processor Bonduelle has booked an increase in full-year earnings, with sales growth outside of Europe offsetting weakness on the continent while cost cutting initiatives and lower financing costs boosted the bottom line. ...
Tags: vegetable processor, net income, Bonduelle
Private equity firms Blackstone and BC Partners are planning to submit a revised offer for frozen food company Iglo, after Permira rejected their earlier EUR2.5bn bid as too low. Blackstone and BC Partners, which are the last remaining ...
Tags: Blackstone, frozen food company, the biggest private equity transactions
Private equity firms Blackstone and BC Partners are set to submit a joint bid for frozen food company Iglo, in a deal which is expected to value the company at $3bn, including debt. The two firms, which were earlier competing with each ...
Tags: frozen food company, Blackstone, pea, poultry and potato waffle products
UK-based private equity firm Permira has hired banks to provide additional debt for its frozen food company Iglo,which owns the Birds Eye brand. Credit Suisse,HSBC,Nomura and UBS will be managing the Iglo transaction,under which€250m ...
Tags: debt, frozen food, banks
Private equity firm Permira has cancelled its plans to both refinance and sell the frozen food company Iglo. Permira had planned a dividend recapitalization with Credit Suisse and Deutsche Bank and was expecting to raise ...