Premier Foods plc has sold ethnic flour business Elephant Atta to UK rival Associated British Foods, the latest disposal in its move to cut debts. The GBP34m (US$52.8m) deal includes the Elephant Atta brand, which Premier described as the ...
Tags: Premier Foods plc, ethnic flour, food industry, food market
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
If you asked for three words to sum up Britain in the 21st century, a pessimist might come up with 'lonely', 'busy' and 'aging'. Government figures indicate the number of single-person households is increasing by more than 160,000 a year, ...
Tags: popular format, single-serve, snacking trend
Spanish food group Ebro Foods has recorded an increase in profit in the first nine months of the year driven by the integration of businesses acquired last year and innovation. Ebro posted a net profit of EUR110m (US$141.6m) in the ...
Tags: profit rise, Ebro Foods, acquisition, food industry
Food giant Heinz has extended its UK sauces range with the introduction of a range of ketchups in a jar. Designed with adults in mind, Heinz said the range aims to drive new usage occasions by allowing consumers to "spoon a generous ...
Premier Foods plc has offloaded another of its brands, this morning (30 October) announcing the sale of Branston pickle to Japanese group Mizkan. The UK food manufacturer has agreed to sell its sweet pickles and table sauces to Mizkan for ...
Tags: Premier Foods plc, Branston pickle, food brand, food product
US spice firm McCormick & Co. has agreed a deal to buy Chinese bouillon maker Wuhan Asia-Pacific Condiments Co. The CNY900m (US$141.5m) deal will add bouillon to McCormick's Chinese portfolio, which includes spices, seasoning blends and ...
Tags: bouillon firm, Condiments, spices, seasoning blends, sauces
Nestle has invested CHF121m (US$124.4m) in its facility in Goa, India in a bid to boost production capacity. The facility, which produces Kit Kat and Munch branded products, is expected to create around 250 jobs and increase the company's ...
Tags: Nestle, chocolate facility, sauces, noodles, bouillons
Norwegian conglomerate Orkla, which is reshaping its business to focus on consumer goods, is to buy local food group Rieber & Søn. Orkla has struck a deal to buy the Rieber family's 90.1% stake in Rieber & Søn. The agreement ...
Tags: food group, food, pizza, chocolate
Old South Foods, a leading bottler and co-packer of restaurant foods, has converted its 16-ounce barbecue sauce decanter from glass to hot fill polyethylene terephthalate (PET) bottles from Amcor Rigid Plastics, the world's leading producer ...
Tags: food, bottler, co-packer, barbecue sauce decanter, packaging, decanters
Canada-based Unifiller Systems has launched the iSpot, a compact, mobile and user friendly depositor for the food and bakery industry. The iSpot depositor enables operators to draw and portion smooth flow-able products directly from bowl ...
Tags: Unifiller Systems, food, bakery, hand held nozzle, sanitary hose
Success in cutting costs quicker than expected, as well as an increase in underlying half-year sales and profits, helped drive Premier Foods plc's shares this morning (7 August). The UK food group said it now expects to cut costs by ...
Tags: cutting costs, UK food group, Premier Shares
PTI Inspection Systems is displaying a range of packaging solutions, including packaging machinery and testing systems, at trade show Pack Expo in Chicago. The company's Packaging Systems business unit is introducing a new rotary form, ...
Tags: PTI Packaging Systems, Topak, PTI Inspection Systems, SmartPac, HVLD
US food group Campbell Soup Co. is to shut two domestic plants, citing falling canned soup sales among the reasons for the move. Campbell will close a spice factory in New Jersey by March and a soup and sauce plant in California by July. ...
Tags: Us Plants, Soup, transition