Lassonde forecasts sales rise in 2015 Mon, 30 Mar 2015 08:14:00 GMT Source: just-food.com Canadian food and drink group Lassonde Industries has said it expects underlying sales to "slightly increase" in 2015 despite fierce competition in the beverage sector, which accounts for the majority of its revenue.
Editor's viewpoint: Why Kraft-Heinz merger could herald more deals Sun, 29 Mar 2015 20:54:00 GMT Source: just-food.com The US food industry is going through a period of significant change and the major names have struggled to come up with the answers to meet new consumer habits. There have already been signs some are turning to M&A - think of the sales of Bolthouse, of Annie's and even Krave jerky last month - and the Kraft/Heinz mega-merger suggests deal-making could accelerate.
Podravka "set to buy Slovenia's Zito" Mon, 30 Mar 2015 08:16:00 GMT Source: just-food.com Croatia-based food group Podravka is reportedly set to acquire Zito, Slovenia's largest food manufacturer, in a deal said to be worth EUR60-65m.
Many Canadians can't afford nutritious food: Statistics Canada News1130 VANCOUVER (NEWS1130) – Food insecurity appears to be a growing problem in this country with new Statistics Canada numbers showing many people can't afford nutritious products. Eight per cent of adults and five per cent of Canadian children live in ...
Gehl Foods sold to PE firm Wind Point Fri, 27 Mar 2015 11:55:00 GMT Source: just-food.com Private-equity investor Wind Point Partners has acquired US aseptic dairy group Gehl Foods for an undisclosed sum.
Food industry quotes of the week: Kraft-Heinz, ConAgra, Fonterra Fri, 27 Mar 2015 14:29:00 GMT Source: just-food.com The mega-merger between HJ Heinz and Kraft Foods Group took the US sector by storm this week. Elsewhere, ConAgra's results continued to show the cracks and Fonterra lowered its outlook on milk pricing. Here is just-food's week in words.
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