Hints and tips:
...Here’s Goodbody: Cranswick provided a Q1 trading update this morning reporting a strong start to the year with c.19% LFL sales growth (25% inc. acquisitions)....
...For Starbucks, the sale of the rights to its consumer and foodservice brands — which include Seattle’s Best Coffee and Teavana tea — to Nestlé is aimed at accelerating the brand’s international growth in...
...Post said that it expected the deal to beef up its refrigerated side-dish offerings, giving it a portion of the breakfast sausage market in addition to boosting its presence in commercial foodservice....
...Meanwhile, Kirk Tanner, chief operating officer of Pepsi’s North American beverages and global foodservice will become president and chief operating officer of the company’s North American beverage....
...US foodservice group Middleby has published a huffy statement urging Aga shareholders to “consider the motivations of the approach for Whirlpool” for the historic Midlands range maker....
...convenience cuisine has increased, with the proportion of food spending on dining out or eating ready-to-cook dishes now at about 44 per cent, from less than 30 per cent in the mid-1970s, according to Foodservice...
...With an enterprise value of $26bn, Sysco is the leading US foodservice distributor, the business of delivering supplies to restaurants, hospitals and other institutions....
...Foodservice continues to see solid growth but the recent strength of Compass shares meant they were being “priced to perfection,” even though the scope to improve profitability was diminishing, it said....
...But research from Horizons, the foodservice consultancy, shows Britons cutting back this year: a survey of 1,400 UK residents published last week found people had reduced the number of times per week they...
...Starting initially with three of its companies – US Foodservice, Sealy and Primedia – KKR and the Fund have developed a “Green Portfolio” within the firm’s portfolio of companies....
...About Bird Eye Foods, Inc....
...However, other big fallers included stakes in Energy Future Holdings, the Texas electricity utility formerly called TXU, which dropped by half to $908m, and US Foodservice, the food distribution company,...
...Its portfolio includes, Rexel, the electrical supplies distributor and US Foodservice, the food distribution and deliver company....
...sector, Mr Crowther started managing pubs in 1990 and rose to become general manager for Allied Domecq, then general manager of northern European beer markets for Diageo and managing director of Brakes Foodservice...
...Approaches in 2006 from US competitors Middleby – at 195p – and then Manitowoc – at 220p – were followed by one from UK rival Aga Foodservice at below 200p....
...“This higher offer underlines the regard which Enodis has built in the global foodservice industry,” said Peter Brooks, chairman of Enodis....
...Sales on a unit case basis of both sparkling and non-sparkling drinks were flat for the quarter in North America, with foodservice and hospitality sales down 4 per cent, and retail sales up 2 per cent....
...Shortfalls in the retirement schemes of AGA Foodservice, Northern Foods and BT have risen by 7 per cent of each company’s total market capitalisation, it shows....
...At June’s Erotica convention, one of the adult industry’s biggest trade shows, thousands of porn fans packed the Los Angeles Convention Center, a cavernous space that normally hosts events such as the Foodservice...
...Enodis added 1.5 per cent to 155p on reheated Manitowoc bid rumours, while Aga Foodservice firmed 2.5 per cent to 298½p after Edmund Truell, the pension fund buy-out specialist, declared a raised holding...
...On Friday, Aga Foodservice , down 3.6 per cent to 411½p, sold its commercial cooking business to Ali of Italy for £260m....
...Aga Foodservice, the kitchen equipment company, was marked 9.6 per cent lower at 300p on fears that it could issue a profits warning with Monday’s trading update....
...Aga is expected to make full-year profits of £49m – a 6.5 per cent inc-rease on the previous year’s figure....
...On FT.com this morning, - Aga Foodservice, the maker of country-style stoves, said on Friday put up its foodservice operations, which sells cookers and refrigerators to businesses, for sale to concentrate...
...Other US deals that have faced difficulties include Thomson Learning and US Foodservice....
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