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On the money: Zetar develops year-round revenue
Zetar manufactures branded snack products under character licences and for third parties - including nuts for Premier Foods plc under the Branston brand - as well as producing private-label goods for retailers. Blackburn said he anticipates year-round ...
Pendragon scraps executive pay plan after revolt
Premier Foods - more than 30pc failed to back the remuneration report. At Old Mutual, 10pc of the insurer's shareholders opposed the remuneration report, while at National Express activist shareholder Elliot - which holds 22pc of the company - withheld ...
In the spotlight - Sainsbury's success points to position of strength
However, the retailer's latest annual results, published this week, show Sainsbury's has been one of the most successful food retailers in the UK despite the toughest economic conditions for a generation. One City analyst has labelled Sainsbury's "The ...
TUNISIA: Dr Oetker acquires majority stake in GIAS Ingredients
German food giant Dr. Oetker has acquired a majority stake in Tunisian food manufacturer GIAS Ingredients. Dr. Oetker, which makes products from baking ingredients to pizza, said it signed the agreement for a 51% share in the olive oil and margarine ...
SPAIN: Danone launches Yolado frozen yoghurt
A spokesperson for Danone told just-food Yolado is purchased as a chilled yoghurt and then frozen at home. "As far as we know, it is the first and only product with this characteristic at a worldwide level," the spokesperson said.
CANADA: Agropur, Agrifoods settle Ultima Yoplait dispute
Canadian dairy co-ops Agropur and Agrifoods have signed a deal to continue making Yoplait products through their joint venture Ultima Foods following a dispute over the production and operation of the brand. The two dairy farmer co-operatives will ...
RUSSIA: Lidl exec Mros joins X5 Retail
X5 Retail Group has appointed Lidl executive Frank Michael Mros as director of the company's soft discount stores. Mros will join the company on 1 June with over 18 years of retail experience in Europe with German discounter Lidl.
UK: United Biscuits' McVitie's Digestives to sponsor AC Milan
United Biscuits has secured a sponsorship deal with Italian football team AC Milan for its McVitie's Digestives brand. The deal, which will run from July, will see the biscuit become an "official partner" to the team until the end of the season in 2013 ...
UPDATE: US: Flowers open to further M&A after Lepage buy
US baker Flowers Foods said today (31 May) it is keeping a weather eye on further acquisition opportunities as it unveiled plans to buy privately-owned regional peer Lepage Bakeries.
Talking shop: City hails buoyant Booker's move for ailing Makro
Parts of the City had called for Booker to buy Metro Group's UK arm Makro a year ago and, this week, the UK food wholesaler has announced a cash-and-shares takeover for the business.