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... brasil foods has signalled its interest in buying dairy assets owned by fellow brazilian food maker indústria de alimentos nilza ... in a filing with the brazilian stock exchange, brasil foods said it had written to nilza to indicate its "preliminary interest" in holding talks over a milk processing unit in sao paulo ... brasil foods, which makes beef and poultry products and convenience foods like pizza and ready meals, said yesterday (25 may) that the "indicative value" of the potential acquisition was brl60m (us$37m) ... it also manufactures cream cheese, butter and dairy drinks, brasil foods explained ... however, brasil foods also revealed that any acquisition was conditional on a legal appeal that nilza has lodged over its recent bankruptcy ... "the potential negotiation of the unit's acquisition is conditional on a series of legal and commercial matters, since indústria de alimentos nilza filed for bankruptcy in january this year and is currently awaiting a ruling on the appeal that temporarily suspended the effects of said bankruptcy," brasil foods said
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... a knife used to over-ride a guard on the tenderising machine studleigh-royd ltd, acting as operating company for cranswick convenience foods, in barnsley, england, was fined ₤14,000 and ordered to pay ₤8,370 legal costs for lax guarding arrangements on two machines at the valley park industrial estate in wombwell
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... the nef (new economics foundation) also last year published a report called an inconvenient sandwich, which examined the hidden costs to society, public health and the environment of convenience foods and takeaways
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... boparan holdings has yet to make a takeover bid for northern foods, which said today (13 january) it was co-operating with the poultry-to-fish group but still wanted to merge with ireland's greencore ... northern is planning to combine with fellow own-label manufacturer greencore to create essenta foods, a business supplying uk multiples that will have annual sales of gbp1 ... northern argued essenta foods would be "a leading player in the fast-growing convenience foods sector"
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... "the board continues to believe that the proposed merger with greencore group to form essenta foods offers substantial benefits for its shareholders, customers and employees and will create a convenience foods business with a strong platform for further growth and the potential to realise significant cost savings through synergies," it said
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... michael gusko, managing director of leading german milling group kampffmeyer food innovation says there is clear demand in the convenience and bakery sectors for these solutions, where advantages include clean-label appeal, and good ph shear stability that "simple commodity flours" cannot match
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... "premium brands and sk food group are an ideal fit with both companies sharing a common vision of producing differentiated products that cater to consumers' increasing demand for high quality convenience foods," said michael butler, chairman and ceo, cascadia capital
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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