Andy Coyne

3 weeks ago | just-food.com | Andy Coyne

Ricardo Faria, a Brazilian entrepreneur dubbed the ‘Egg King’, has reportedly bought US egg producer Hillandale Farms in a $1.1bn deal. Reports from The Financial Times and Reuters, as well as Brazilian media outlets, said Faria is buying the US business through his Global Eggs company. The move takes him into the US market for the first time and builds on his purchase of Spain’s Grupo Hevo in November.

4 weeks ago | just-food.com | Andy Coyne

Swedish confectionery maker Cloetta has announced new strategic priorities to drive growth and updated its financial targets ahead of an investor day event. The updated strategy and financial targets will be presented in detail at the event today (27 March) in Stockholm. Cloetta’s long-term organic sales growth target has been increased to 3-4% per year, up from a previously announced goal of growth of 1-2%.

4 weeks ago | just-food.com | Andy Coyne

The indulgence of heat may sound like a Gabriel Garcia Marquez novel but it is rather the idea that spice lovers are concerned about the heat/flavour profile of a product above all else. While better-for-you versions of products have become de rigueur across multiple categories, from baked goods and snacks to canned lines, dairy items and confectionery, healthier options have yet to make a major impact on products in which heat/spice is what is most desired by consumers.

4 weeks ago | just-food.com | Andy Coyne

Ireland-based food supplier Greencore has reportedly made an improved offer in its attempt to take over UK peer Bakkavor. News agency Bloomberg, quoting “people with knowledge of the matter” was unable to provide details of the improved bid but its sources said Bakkavor has been considering the new proposal. Neither Greencore or Bakkavor, both suppliers to major UK supermarket groups, would comment on the story when their representatives were contacted by Just Food today (26 March).

1 month ago | just-food.com | Andy Coyne

US agri-food giant Bunge is selling its European margarine and spreads business to Belgian food group Vandemoortele for an undisclosed sum. Vandemoortele, a family-owned business with a strong presence in margarines and plant-based oils & fats, will acquire Bunge’s margarines and spreads business in Germany, Finland, Poland and Hungary, along with its associated manufacturing sites, 800 employees and a portfolio of 20 consumer brands.