Food

Small Belgian brewery conquers Brazil thanks to playing cards
  • Published in Food

Het Nest, a small brewery from Turnhout, will get its beers brewed in Brazil as well. It has struck a deal with Cervejaria Premium Paulista, which will brew and distribute the beers locally.

Price cuts drive 25 % more customers to Whole Foods
  • Published in Food

Supermarket chain Whole Foods welcomed an additional 25 % of customers in the first few days following Amazon’s price cuts.

Ter Beke enters British food service industry
  • Published in Food

Belgian food group Ter Beke has acquired a 90 % stake in British competitor KK Fine Foods for an undisclosed fee. The current shareholders hold onto the other 10 %.

Godiva wants to conquer the world through supermarkets
  • Published in Food

Belgian praline brand Godiva will soon sell its chocolate in supermarkets all over the world after signing a deal with chains like Albert Heijn and Sainsbury’s. Previously, it sold nearly all its chocolate through its own store network.

Insight: Xavier Piesvaux' seven labours at Delhaize
  • Published in Food

Can one French and several Dutch managers do what the Belgian management failed to do these past few years at Delhaize Belgium? Its new CEO will face plenty of challenges: we count at least seven.

Nestlé USA acquires food manufacturer Sweet Earth
  • Published in Food

Nestlé USA has acquired American Sweet Earth for an undisclosed fee. The company mainly manufactures meat replacements, a rapidly-growing market, but also several frozen meals.

Ahold Delhaize replaces Delhaize Belgium CEO
  • Published in Food

Belgian-Dutch supermarket company Ahold Delhaize has fired Denis Knoops, CEO of the Belgian Delhaize branch. He pays the price for his division’s weak performances and will be replaced by Xavier Piesvaux.

Unilever acquires tea company Pukka Herbs
  • Published in Food

British-Dutch Unilever bought British tea company Pukka Herbs, expanding its own tea portfolio even further. It already owns brands like Lipton and PG Tips.

No more sugary drinks in secondary schools
  • Published in Food

The soda industry has voluntarily chosen to no longer sell sugary drinks in secondary schools across the European Union. The move comes eleven years after the ban on sugary drinks in primary schools.

Refresco's huge acquisition approved
  • Published in Food

Shareholders for Europe’s largest soda and fruit juice manufacturer, Refresco, approved American competitor Cott’s acquisition in droves. The deal is the Rotterdam-based company’s largest acquisition in its seventeen-year history.

Barry Callebaut launches pink chocolate
  • Published in Food

Belgian-Swiss chocolate giant Barry Callebaut launched a new type of chocolate. The pink chocolate is made from a particular type of cocoa bean, giving its fruity flavour and remarkable colour.

Vegetable processing company Ardo acquires Canadian company
  • Published in Food

Ardo, the vegetable processing company from Ardooie (Belgium), has just acquired Canadian VLM Foods and its subsidiary Compañia Frutera La Paz. These are its first non-European acquisitions and they will help grow its turnover beyond the one billion euro mark.

Peapod CEO suddenly resigns
  • Published in Food

Peapod’s CEO, Jennifer Carr-Smith, has suddenly resigned. She will stay on at Ahold Delhaize’s American online supermarket for a few days and then leave.

European food market experiences strong growth
  • Published in Food

European consumers have spent 3.7 % more on grocery shopping in the second quarter than in the first, the largest increase in three years’ time. The Benelux also bounced back from bad results in previous quarters. 

Higher prices lead to more turnover for FrieslandCampina
  • Published in Food

Despite turnover at dairy manufacturer FrieslandCampina growing 10 % in the first half of 2017, its profit only grew 1.3 % compared to the year before. Price hikes lifted turnover, but problems in China lowerd profits.

Carrefour's weak results prompt restructuring plan
  • Published in Food

French retail giant Carrefour has stated it will simplify its structure after presenting very weak financial results yesterday. Its share got hammered 13 % on the French stock exchange as the French company said it has no improvement in sight.

Metro: strong third quarter like-for-like growth
  • Published in Food

Metro has reported a decent third quarter turnover growth, both on a like-for-like and reported basis, for the company’s first independent results since its split from Metro Group.

Carrefour's profit is under pressure
  • Published in Food

French retail group Carrefour recently revealed disappointing financial results for the first half of 2017, and the new board indicated the second half of the year will also remain difficult.

Analysis: price is merely the entry ticket for Amazon and Whole Foods
  • Published in Food

Amazon’s drastic price cuts for Whole Foods are merely a first step in a larger conquest plan. Innovation is the real key, analysts feel.

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