Manufacturers

Ralcorp board approves Post cereals spin-off

Ralcorp board approves Post cereals spin-off

By Caroline Scott-Thomas

Ralcorp has outlined the shape of the company after it spins off its Post cereals business, four years after it bought the maker of Grape-Nuts, Raisin Bran and Honey Bunches of Oats from Kraft Foods for $1.65bn.

600 jobs to go at Premier Foods

600 jobs to go at Premier Foods

By Oliver Nieburg

UK-based Premier Foods has announced that 5% of its 12,000 man workforce will be axed as the company sets larger cut targets.

Maple Leaf's West Midlands bakery is to close with the loss of 236 jobs

Maple Leaf cuts 236 jobs at Walsall bakery

By Tom Chandler

Canadian firm Maple Leaf has confirmed that it plans to close its West Midlands bakery, after failing to find a buyer for the site, with the loss of 236 jobs.

Clarke has been praised by city analysts for his performance since taking over at Premier in august last year

Premier boss Michael Clarke backed by city

By Dan Colombini

Premier Foods boss Michael Clarke has received a resounding vote of confidence from city analysts, six months into his role, as he continues his plan to guide the firm out of trouble.

Twinkies maker Hostess Brands files for bankruptcy

Twinkies maker Hostess Brands files for bankruptcy

By Caroline Scott-Thomas

Wonder bread and Twinkies maker Hostess Brands has filed for Chapter 11 bankruptcy to allow it to restructure, but does not expect to stop producing or delivering any of its products during the process, the company said on Wednesday.

Burton's export deal will put Cadbury Fingers on sale in more than half Loblaw's Canadian outlets

Burton's biscuit firm signs export deal

By Tom Chandler

Burton's Biscuit Company has signed a deal with Canada's largest supermarket firm Loblaw in a move that will boost its total exports by £70M over the next two years.

Greggs performed ahead of analysts expectations for the year

Greggs rises on strong Christmas results

By Dan Colombini

Bakery retailer Greggs has performed ahead of analyst’s expectations during the festive season after posting “excellent” results for the period ending January 7.

In a jam? Premier's sale of its Irish Brands led analyst Graham Jones to question its cash generating ability

Premier Food’s Irish brands sale raises cash fears

By Mike Stones

The £34.7M sale of Premier Foods’ four Irish brands, Chivers, Gateaux, McDonnells and the Erin licence, to the Boyne Valley Group underline worries about the food giant’s ability to generate cash, one leading analyst has warned.

Kellogg chief executive John Bryant faced a grilling from analysts at last month's Q3 earnings call

Kellogg momentum has slowed again in Q4, claims analyst

By Elaine Watson

Kellogg might have been outpacing rivals in the cereals category in the first three quarters but its volumes have started to drop off again and it remains under pressure thanks to “weak fundamentals”, according to a new report.

Orkla offloads bakery business to retail group

Orkla offloads bakery business to retail group

By Oliver Nieburg

Norwegian firm Orkla Brands has announced the sale of its bakery unit Bakers to the retail group NorgesGruppen for an undisclosed fee as retailers augment their dominance on the Norwegian bakery market.

Greggs on a roll

Greggs on a roll

By Lynda Searby

British bakery Greggs is managing to defy the high-street slump with price promotions, innovation and an increased focus on the take-home market.

PepsiCo creates global snacks innovation platform

PepsiCo creates global snacks innovation platform

By Lynda Searby

PepsiCo has created a global snacks group to drive marketing and innovation for the entire group and has formed a council to draw on synergies between its beverage and snacks businesses in North, South and Central America.

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