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grocery business
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Mead Johnson to Buy Bega Cheese's Spray Drying and Finishing Capabilities in Australia
Mar 1, 2017US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
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Hormel Foods Announces New Leadership Appointments
Oct 11, 2016Hormel Foods has announced several new leadership appointments across business segments. James M. Splinter has been appointed to the position of group vice president, corporate strategy. In this new role, Splinter will have responsibility ...
Tags: Hormel Foods, appointment, new leader
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Premier Foods Has a Deal to Sell a Controlling Stake in Bread Making Division
Feb 7, 2014UK-based Premier Foods has struck a deal with private equity firm Gores Group to sell a controlling stake in its struggling bread making division, a move which allows it to focus on its grocery business. As per the agreed terms, Gores ...
Tags: Sell Controlling Stake, bread
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Premier Foods Is Ahead of Target on Cutting Suppliers and Product Lines
Nov 4, 2013Premier Foods is ahead of target on cutting suppliers and product lines, according to ceo Gavin Darby, reporting on third quarter (Q3) financial results yesterday. Premier Foods is growing its core power brands "During the quarter we ...
Tags: Agriculture, Food
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ABF's Sugar Division Disappointed City Analysts, While Its Primark Business Shined
Sep 10, 2013The performance of Associated British Foods' (ABF's) sugar division has disappointed City analysts, while its Primark business continues to shine. The UK bread market remained 'intensely competitive' with 'some pressure on margins', said ...
Tags: Agriculture, Food, bread market
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Cadbury Established a New Chocolate Manufacturing Facility with an Investment of $163m
Aug 9, 2013Cadbury India, a unit of US-based snacks company Mondelez International, plans to establish a new chocolate manufacturing facility in Andhra Pradesh, India, with an initial investment of more than INR10bn ($163m). The new plant will be ...
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Sainsbury's Has Appointed Jane Skelton as Its New Head of Packaging
Jun 21, 2013EXCLUSIVE – Supermarket giant Sainsbury’s has appointed Jane Skelton as its new head of packaging, replacing Stuart Lendrum who has been given a new role as the retailer’s head of sustainable and ethical sourcing ...
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Kraft Foods Is Set to Split Its Grocery Segment to Two Standalone Business Units
Jun 18, 2013US-based c - Meals and Desserts, and Enhancers and Snack Nuts in order to focus on brand-building while reducing the complexity of managing a portfolio of distinct brands and product categories. The new business structures and leadership ...
Tags: Agriculture, Food, Kraft
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Waitrose Is Considering Legal Action After Its Partner Ocado Signed a Deal with Morrisons
May 21, 2013Waitrose is considering legal action after its long-term online grocery distribution partner Ocado signed a deal with Morrisons last week. A Waitrose spokeswoman said: “We have instructed lawyers so that we can get a clear and ...
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ABF Forecasts Flat Revenue From Its Grocery Division in The First Half of Its Fiscal Year
Feb 26, 2013Associated British Foods has forecast flat revenue from its grocery division in the first half of its fiscal year amid challenging conditions in bread markets in the UK and Australia. ABF, which owns the Kingsmill bread brand in the UK ...
Tags: ABF, flat revenue, grocery division
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CBD Reports a Jump in Earnings From Its Food Stores on The Back of Higher Sales
Feb 26, 2013CBD, Brazil's number one retailer, has reported a jump in earnings from its food stores on the back of higher sales. The retailer, also known by its trading name of Grupo Pao de Acucar, booked net income of BRL834m from its grocery ...
Tags: CBD, retailer, food stores
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Mondelez International Reports Higher Underlying Profits in 2012.
Feb 19, 2013Better management of input costs and higher sales in emerging markets have helped global snacks giant Mondelez International report higher underlying profits in 2012. The Cadbury owner booked a 4% increase in operating income to US$3.64bn ...
Tags: Cost Control, Developing Markets, Mondelez
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Premier Foods Has Completed The Sale of Its Sweet Pickles and Table Sauces for Pound 92.5m
Feb 17, 2013UK-based Premier Foods has completed the sale of its sweet pickles and table sauces business to Japanese food firm Mizkan for pound 92.5m in cash. The companies had entered into an agreement over the deal on 30 October 2012. This move is ...
Tags: Premier Foods, sale, sweet pickles, table sauces
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Premier Foods Renewed Long-Standing License to Manufacture Cadbury-Branded Cake Products
Dec 20, 2012Premier Foods has renewed its long-standing license to manufacture Cadbury-branded cake products until at least June 2017 as part of its plan to boost growth in the cake category. The new licensing deal negotiated with Cadbury ...
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Mondelez Has Reported a Fall in Underlying Third-Quarter Sales Amid Problems
Dec 13, 2012Mondelez International, the snacks group spun off from Kraft Foods last month, has reported a fall in underlying third-quarter sales amid problems in Brazil and Russia. The company, which produces brands including Cadbury chocolate, ...
Tags: Mondelez International, Kraft Foods, sales, comapany news
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