Privacy & Policy
April 25, 2016 Ronald Rodriguez
- US snack firm Bubba's Fine Foods eyes doubling in sales after fresh fund-raisingFledgling US snack maker Bubba's Fine Foods has raised funds to support sales and marketing as it eyes a doubling of sales in 2019.
- Hormel Foods sells US pork plant to WholeStone FarmsHormel Foods of the US is selling its pork processing facility in Nebraska to WholeStone Farms.
- Signature Flatbreads reveals growth plans after bank dealThe UK's Signature Flatbreads is to create 100 new jobs over the next 12 months after securing a GBP10m (US$12.7m) working capital facility from Lloyds Bank Commercial Banking.
- China breakfast cereal deep-dive part two - how to tap future growthDemand for breakfast cereal in China is expected to continue to grow amid the urbanisation of the population and continued interest in Western eating habits. But what must manufacturers do to tap that demand? Wang Fangqing reports in this second part of just-food's in-depth look at the category.
- Hershey CFO Patricia Little plans to retire next springHershey chief financial officer Patricia Little has announced her intention to retire from the US confectioner next spring with a search for a successor already underway.
- Danish Crown sets out a raft of cost-cutting measures as low pig prices bitePork giant Danish Crown has announced a number of cost-saving measures including relocating a number of functions to Poland and putting the construction of its new headquarters on hold.
- "Back on-track" Bernard Matthews to create 400 UK jobsUK-based turkey producer Bernard Matthews, which was bought out of administration by 2 Sisters Food Group owner Ranjit Singh Boparan in 2016, is said to be "back on-track" and set to create 400 jobs in Norfolk.
- Ausnutria manoeuvres for market share gains in Kabrita infant formulaHong-Kong listed infant-formula maker Ausnutria Dairy Corp. has revealed that it has made a number of strategic moves as part of its attempts to gain further market share for the Kabrita brand.
- Mondelez International establishes operations in BangladeshConfectionery giant Mondelez International has expanded its presence in south Asia by establishing operations in Bangladesh.
- Golfo di Napoli Dairy to build Italian cheese plant in IndianaNewly-formed Italian venture Golfo di Napoli Dairy plans to spend US$9.5m to build an organic cheese plant in the US state of Indiana.
- Adani Wilmar's bid for Ruchi Soya approved by competition authority - reportsReports in India suggest that the country's competition authority has given the all-clear to Adani Wilmar's bid for local edible oil business Ruchi Soya.
- Egyptian dairy company Beyti attracts EBRD fundingEgyptian dairy business Beyti is to get a US$44m loan from the European development bank EBRD to fund new investments and refinance debt.
- China breakfast cereal deep-dive part one - how the market has slowly opened upChina has been a key target for multinational food companies for decades but success has varied by category. Western-style breakfast cereal has not made the advances seen in other parts of the industry but, as Wang Fangqing reports, that is gradually changing.
- Australian seafood firm Tassal Group circling local aquacultural businessTassal Group, the Australian seafood business, is looking to acquire an unnamed local aquaculture business that is one of its suppliers.
- Cargill poultry plant investment creates 80 UK jobsUS agri-food business Cargill is recruiting 80 workers in the UK following a GBP35m (US$44.5m) investment at its poultry plant in the city of Wolverhampton.
- US food products hit as Turkey escalates tariff spatTurkey has slapped additional tariffs on US imports including rice and fruit, escalating a spat with President Donald Trump and piling more pressure on the country's embattled currency.
- Nature's Path agrees licensing deal with cereals peer Back to the RootsCanada's Nature's Path, a supplier of organic breakfast products, has agreed a product licensing deal with California-based indoor gardening kit and cereals business Back to the Roots.