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PinguinLutosa
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Mccain Foods Has Received Approval From The European Commission
May 30, 2013Canada-based frozen food company McCain Foods has received approval from the European Commission (EC) to acquire the potato division of Belgian frozen vegetables producer PinguinLutosa Food for €225m The approval is conditional upon ...
Tags: frozen food, Food
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Packer Needed New Weighers to Boost Production Throughput in Kings Lynn Facility by 20%
Feb 6, 2013When Norfolk vegetable processor Pinguin Foods set itself an aim to increase throughput by a fifth, it looked to Ishida to upgrade its ageing checkweighing set-up. Philip Chadwick finds out more about the installation Who Pinguin Foods ...
Tags: Veg Firm, Production Boost, Packaging
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Kerry Foods Is Launching a New Scottish Range of Regional Specialities
Jan 29, 2013Cof its fiscal year, benefiting from the knock-on effect of acquisitions and higher volumes. For the nine months to the end of December, Pinguin Lutosa reported net sales up by almost 32% on the same period of the previous year, to ...
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M&A Activity Rebounded in The Food Sector This Year
Dec 20, 2012There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...
Tags: European M&A advisors, food sector, Food
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Herwig Dejonghe Has Admitted He Did Not See Why The Company Had to Sell Potato Business
Dec 13, 2012PinguinLutosa COO Herwig Dejonghe has admitted he did not see why the company had to sell potato business Lutosa to McCain Foods - but has expressed confidence about the European food group's future. The Belgium-based firm agreed to ...
Tags: PinguinLutosa, potato business, McCain Foods, Lutosa
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McCain Signs a Deal to Buy The Potato Division of Belgian Vegetable Supplier Pinguinlutosa
Dec 12, 2012McCain Foods has signed a deal to buy the potato division of Belgian vegetable supplier PinguinLutosa. The deal, announced today (19 October), is based on an enterprise value of the division of EUR225m (US$293.2m). It encompasses ...
Tags: McCain Foods, potato division, PinguinLutosa, vegetable
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Much of The Talk for Manufacturers Was Focused on Weakness in Europe
Dec 11, 2012Much of the talk for manufacturers on the release of their first-half and second-quarter results last week was focused on weakness in Europe and the knock-on effect from the impact of the US drought on corn prices. Elsewhere, Haribo said it ...
Tags: corn prices, drought, Foods plant
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Just-Food Brings You a Few Highlights of What You Can Expect From The Event Attending
Dec 11, 2012As SIAL enters into its fourth day in Paris, just-food brings you a few highlights of what you can expect from the event attending by companies and executives from across the food manufacturing and retailing sectors. Belgian vegetable ...
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Marleen Vaesen Will Become Chief Executive of Belgium-Based Produce Group PinguinLutosa
Dec 11, 2012Former Sara Lee executive Marleen Vaesen will become chief executive of Belgium-based produce group PinguinLutosa. Vaesen will take the role next month, replacing Hein Deprez, PinguinLutosa's controlling shareholder. The company said ...
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Belgian Food Group Pinguinlutosa Has Reported a Profit
Dec 10, 2012Belgian food group PinguinLutosa has reported a profit for the first half of its current financial year as it prepares for business without potato division Lutosa. PinguinLutosa, which has agreed to sell Lutosa to McCain Foods, booked a ...
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Pinguinlutosa Receives Offers
Dec 4, 2012PinguinLutosa,the Belgian producer of frozen vegetables,has announced that it has received unsolicited non-binding offers for its potato unit. The potato business was acquired by PinguinLutosa for€175m in cash. The company noted ...
Tags: frozen vegetables, potato, acquire
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The Potato Unit of Pinguinlutosa for Eur225m Is Acquired by Mccain
Dec 4, 2012McCain Foods,a frozen food company based in Canada,has entered into an agreement to acquire the potato unit of Belgian frozen vegetables producer PinguinLutosa for EUR225m. The acquisition includes Lutosa's operations in ...
Tags: frozen food, agreement, acquire, potato
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Tesco Is Starting to Regain Ground on Its Rivals in The UK
Aug 15, 2012Tesco is starting to regain ground on its rivals in the UK, industry analysts Kantar Worldpanel claimed today (14 August) as they issued their latest sales data on the country's grocery sector. The UK grocery market grew by 3.9% in the 12 ...
Tags: Tesco, grocery, increase, frozen food, milk