Brazilian meat producer JBS has completed the acquisition of European poultry company Moy Park for $1.5bn from Marfrig Global foods, following an approval from the European Union. The deal, which was announced in June, required certain ...
French agricultural co-operative Terrena and oilseed investment firm Sofiproteol are in talks to acquire a controlling stake in poultry exporter Doux. If these talks succeed, Terrena will acquire 52.5% stake in Doux from D&P ...
Tags: Poultry Exporter, Doux, food service
The French government has granted €15m in a bid to support the country’s poultry sector to overcome the effects of the abolition of the EU subsidies on the export of frozen chicken to third countries. The European Commission ...
Tags: frozen chicken, EU subsidies
Brazilian beef firm JBS has entered into an agreement to acquire local poultry processor Agroveneto. The deal, announced today (5 November), valued Agroveneto at BRL$128m (US$62.9m), BRL10m of which is payable in JBS shares, the balance ...
Tags: JBS, poultry firm, debt assumption
The week's two major stories broke within hours of each other on Wednesday - Tesco admitted it was "likely" to leave the US and Germany's Intersnack snapped up United Biscuits' salty snacks business. Elsewhere, ex-Tesco CEO Terry Leahy led ...
Tags: salty snacks, Intersnack, Hula Hoops, McCoy's, Skips, dairy, pork sector
Former Lactalis boss Michel Léonard has been appointed CEO of Groupe Doux, the French poultry processor that went into receivership earlier this month. Léonard, who was Lactalis president for nine years until 2009, takes the ...
Tags: Doux, CEO, receivership
French poultry firm Doux,which entered into administration in June 2012 putting the livelihood of over 3,400 workers and 800 farmers at risk,has received 11 takeover bids. Bidders included co-operative Terrena,agribusiness firm La ...
French poultry firm Doux,which entered into administration earlier this month,is looking for buyers who would be able to acquire the entire business. Judicial administrator Regis Vaillot said that the administrators wanted to avoid a ...
British banking and financial services company Barclays may acquire 70%stake in the French poultry firm Doux,a move that could keep the debt-ridden company afloat and protect nearly 3,400 jobs. Doux,which entered into administration in ...
Terrena,France's leading food cooperative,is planning to place a bid for French poultry firm Doux,which entered into administration in June 2012. A Terrena spokesperson told just-food.com that the company is seeking to place a bid,but the ...
Tags: place a bid, poultry, stake
The global food industry has seen a raft of M&A activity this week with Flowers Food's purchase of Lepage Bakeries, Olam's acquisition of Usina Açucareira Passos, and Booker's deal to buy the local cash-and-carry assets of German ...
A raft of first-quarter results stories this week from the likes of Danone and Nestle, and full-year results from Tesco have kept analysts busy. In addition to Tesco's sales figures, the group's CEO Philip Clarke revealed further details of ...
Tags: Danone, Nestle, nutrition business, food, salmonella