While some industry players are reining in spending to build-up reserves in case of a recession, General Mills is taking the opposite tack – choosing to double down on investments and explore acquisitions that could help it stay ahead of the competition...
The Platinum Equity portfolio company has reached an agreement to acquire Netherlands-based Continental Bakeries from its majority shareholder, Goldman Sachs Asset Management, for an undisclosed amount.
The Peebles and Post cereals maker’s strategy to unlock more value through prudent acquisitions is paying off, posting a 19% increase in net sales for Q3, driven in the main from the acquisition of TreeHouse’s private label cereals and the Peter Pan peanut...
Crown Bakeries has expanded its geographic manufacturing footprint in the northeast of the US with the acquisition of Pennsylvania-based Michel's Bakery, a 123-year-old family business that produces sweet baked goods for leading consumer brands and...
Private equity firm Falfurrias Capital Partners has made an undisclosed investment in the manufacturer that produces nearly a million honey buns daily, as well as enough doughnuts each year to circle the globe twice.
Just weeks after announcing its intention to sell its private label business to TreeHouse Foods, ConAgra Foods has unveiled plans to re-engineer itself again, this time by separating into independent public companies: one comprising its consumer brands...
Kellogg and General Mills’ pledges to remove artificial ingredients from their cereals in the coming years will not be enough to help cereal rebound but could spark an R&D trend, says a Euromonitor analyst.
ConAgra Foods has unveiled plans to divest its private label business less than three years after buying it via a $5bn mega-deal to acquire Ralcorp – a move it described at the time as a “logical and exciting step”.
While ConAgra Foods has been on a “very steep learning curve” since it acquired private label giant Ralcorp, bosses are more confident than ever that demand for store brands “is not only here to stay but will play a leading role in the industry's...
Private equity firm Wind Point Partners has agreed to acquire Ohio-based Shearer’s Foods for an undisclosed sum – and has partnered with former Sara Lee CEO C.J. Fraleigh, who will take the helm at the private label snacks company.
More than 29 per cent of people in North America never buy private label cereal, citing taste as the main reason for not choosing such products, according to a study of 6,100 participants by research firm, Market Force Information.
Branded food and beverage manufacturers are fighting back against private label, according to a Bernstein researcher, and after a switch caused by price ‘sticker shock’ many consumers go back to their favourite brands.
In recent years the share of private label goods sold by retailers has been on the rise, reaching almost 50 per cent in traditional retailers. The FoodNavigator editorial team discusses what's driving the trend, and what it means for big brand manufacturers.
The leading French private label sweet biscuit maker, Biscuits
Poult, has received a €12.5m boost from buyout fund firm European
capital as the firm invests in the company's standing in the
domestic bakery market.
A fresh round of price cuts from the two biggest UK food retailers
increases the pressure on suppliers' margins and intensifies
competition between own-label and branded producers, forcing them
to find new ways to adapt, writes...
UK speciality cake and bread maker Finsbury Foods has recovered
well from a rocky 2003, showing just how quickly a company can
progress by focusing on premium and indulgence trends across both
branded and private label sectors, writes...