IEG Vu is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Commercial

Set Alert for Commercial

Financial Results Explore this Topic

Set Alert for IEG Vu Commercial :: Financial Results

Nestlé reports sales growth, announces USD20 bln share buyback

Nestlé reported strong organic growth in its third quarter results, confirmed its 2019 guidance and announced plans to return up to USD20 billion to shareholders by 2020.

Nestle Financial Results

Indian guar gum company to expand sales to the oil industry

India’s Vikas Wsp has announced that it has received an order of USD30 million for the export of guar gum powder to be used in oil fields of Dubai’s company Petroplan Limited.

Deals India

Louis Dreyfus holds steady in difficult trading environment

Louis Dreyfus Company (LDC) announced stable first half 2019 results comparable to last year, despite what it called “difficult global business conditions”.

Financial Results Louis Dreyfus

Chinese processor explores diversification into more tropical fruits

Asian Citrus Holdings (ACH), an integrated orange producer and tropical fruit juice concentrates supplier in mainland China, announced that its 2018 revenue fell 2.6% to CNY52.8 million (USD7.39 mln), although EBITDA was up by 362.9% in the same year.

Financial Results China

TINE's falling profits continue

Norwegian dairy giant TINE has continued battling unfavourable market conditions in the second quarter (Q2) of 2019, with operating profit dipping by 25%.

Norway Dairy Products

Brazilian poultry company back on track after tough 2018

After a challenging year in 2018, Brazilian poultry company Pif Paf is eyeing new investments as it prepares to send its first chicken meat shipments to China.

Brazil Financial Results
See All

Investments

Set Alert for IEG Vu Commercial :: Investments

NZ backs methane-reducing cattle feed project

New Zealand’s government has announced its support for a project that could help slash greenhouse gas (GHG) emissions from cattle.

New Zealand Investments

Lamb Weston forms new joint venture in Argentina

The frozen potato giant Lamb Weston has formed a 50/50 joint venture with Sociedad Comercial del Plata in Argentina to process and sell frozen potatoes in the Latin American market, which is worth nearly USD2.5 billion .

Lamb Weston Argentina

McCain starts construction of potato processing plant

McCain Foods USA has started the USD300 million expansion of its potato processing facility in Othello, Washington.

United States Frozen Potatoes

Eight types of fruit will be processed in new Brazilian factory

A privately-owned BRL26 million (USD6.22 mln) fruit processing plant is being installed in Santo Antonio do Paraíso, in Brazil's Paraná state.

Brazil Commercial

Lidl makes fresh pledge to British meat suppliers

German-owned discount supermarket Lidl GB has vowed to invest a record GBP15 billion in UK businesses over the next five years, as it ramps up sales of British sourced meat and poultry.

United Kingdom Investments

Deep changes in communication strategy for California Prunes

The California Prune Board (CPB) launched its new brand policy this May. Initially, this change implied a new logo ‘California Prunes. For Life’ and focused on the communication strategy of promoting the product as a healthy daily pleasure, and not a mere food choice, as IEG Vu reported on May 22.

Prunes United States
See All

M & A

Set Alert for IEG Vu Commercial :: MandA

Hortifrut and Alifrut agree to combine their frozen exports business

The two Chilean companies active in the frozen fruit and vegetables market will join forces to become the country’s largest processor and exporter.

M&A Frozen Foods

Pilgrim’s Pride completes purchase of UK’s largest pork producer

Pilgrim’s Pride has completed the acquisition of Tulip Ltd from Danish Crown in a deal valued at GBP290 million (USD354 million).

United Kingdom Danish Crown

Aryzta to sell the majority of its stake in French company Picard

Bakery company Aryzta has received an offer to sell most of its interest in French frozen food firm Picard.

France Operations

French retail giant sells poultry plant to LDC

French poultry group LDC has agreed to buy the Luché Tradition Volailles production plant from the Casino Group, one of France’s largest food retailers.

France M&A

EU Commission approves takeover of Canadian pork producer

Thai conglomerate Charoen Pokphand Foods has received approval from the European Commission to buy a majority stake in HyLife – one of Canada’s largest pigmeat producers.

Canada EU

Senators ask Treasury Department to probe JBS transactions

Two US senators have asked Secretary of Treasury Steven Mnuchin to investigate meat processor JBS S.A. for “illicit financial activities” that they alleged were used to buy up US food companies, along with its ties to Venezuela President Nicolás Maduro and a growing concern of foreign investment in the food supply. 

United States Brazil
See All

Operations Explore this Topic

Set Alert for IEG Vu Commercial :: Operations

Olam closes one of its US tomato processing facilities

The agri-food giant Olam has announced the decision to close the tomato processing plant in Williams, California.

Olam Canned Tomatoes

Lamb Weston forms new joint venture in Argentina

The frozen potato giant Lamb Weston has formed a 50/50 joint venture with Sociedad Comercial del Plata in Argentina to process and sell frozen potatoes in the Latin American market, which is worth nearly USD2.5 billion .

Lamb Weston Argentina

Hortifrut and Alifrut agree to combine their frozen exports business

The two Chilean companies active in the frozen fruit and vegetables market will join forces to become the country’s largest processor and exporter.

M&A Frozen Foods

Eight types of fruit will be processed in new Brazilian factory

A privately-owned BRL26 million (USD6.22 mln) fruit processing plant is being installed in Santo Antonio do Paraíso, in Brazil's Paraná state.

Brazil Commercial

CPB highlights the benefits of prunes for bone health

The California Prune Board (CPB) is promoting the benefits of prune consumption as part of a bone healthy, nutrient-rich diet.

Prunes United Kingdom

NZ meat producer enters US retail market

Silver Fern Farms, one of New Zealand's leading red meat producers, is entering the US retail market in a partnership with American grocery chain Fairway Market.

United States Operations
See All

People Explore this Topic

Set Alert for IEG Vu Commercial :: People

Deep changes in communication strategy for California Prunes

The California Prune Board (CPB) launched its new brand policy this May. Initially, this change implied a new logo ‘California Prunes. For Life’ and focused on the communication strategy of promoting the product as a healthy daily pleasure, and not a mere food choice, as IEG Vu reported on May 22.

Prunes United States

Canned and tomato supplement: India to strengthen as global skipjack tuna exporter

The Indian tuna fishing fleet’s transition from traditional coastal domestic fleets to deep water fishing vessels is ongoing amid government decisions, with frozen skipjack tuna loins exports to top markets Tunisia and Thailand ramping up.

Asia Pacific Europe

Scandal-hit Indian fruit juice firm continues to suffer

Manpasand Beverages’s company secretary and compliance officer, Shailika Soni, resigned due to personal reasons as on September 10 2019.

India Commercial

Bolney Wine Estate poised for major boost in production

Bolney Wine Estate, a leading producer of English wines, officially opened its new, state-of-the-art winery this week.  

Wines United Kingdom

Chilean prune association appoints new general manager

The Chilean prune association (Chile Prunes) has named Maria Paz Soto as its general manager, replacing Andres Rodriguez.

Prunes Chile

Canned tuna recall by major Spanish retailer

Major Spanish retailer DIA is recalling a whole lot of canned tuna products as the presence of botulinum toxin was found in one can analysed on August 29 by the Spanish food safety agency AECOSAN.

Spain People
See All
Advertisement
UsernamePublicRestriction

Register

Advertisement