All Associated British Foods articles – Page 6
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ABF hives off Polish sugar business
Associated British Foods has confirmed the sale of its Polish sugar subsidiary for an undisclosed sum.
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NewsWeak pound helps ABF to revenue surge
The weakness of sterling has helped Associated British Foods to a 19% increase in revenue in the first three quarters – even as the tough UK market continues to put pressure on margins.
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Campaign Trail: Jordans backs the bees
Jordans is hoping to raise awareness of the plight of the bumble bee through a £750,000 campaign called The Big Buzz. In the campaign, which runs until June, the Associated British Foods cereal brand is highlighting the role bees play in the...
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Other Movers 25/4/09
Martin Adamson retired as chairman of Associated British Foods this week after 10 years at ABF, six of which were as chairman. He has been succeeded by non-executive director Charles Sinclair.
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Group sales up but grocery disappoints at Kingsmill baker Associated
Associated British Foods has blamed volatile vegetable oil prices for a "disappointing" performance at its grocery division – although the Kingsmill baker still saw overall sales rise by almost a fifth (18%) for the past six months.
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ABF takes on Lane to build the merged Jordans and Ryvita
Associated British Foods has named Richard Lane as its new business unit controller for its Jordans Ryvita business.Lane is to help oversee the integration of the Jordans and Ryvita operations, merged last June to give ABF a stronger...
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Associated British Foods buys Azucarera
Associated British Foods has confirmed it has agreed to buy Azucarera Ebro, the sugar operations of Spanish food company Ebro Puleva, for €385m (£326m).
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Kingsmill helps ABF shrug off sugar slump as sales soar 21%
An "enormously encouraging" improvement at its Allied Bakeries subsidiary capped a strong performance by manufacturing giant Associated British Foods - to offset increased costs at its European sugar business.
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Associated 'on track' but debt grows
Associated British Foods has said its end of year results, set to be published in November, will be in line with expectations, although the consumer products giant expects its total debt to rise "substantially". The company said its grocery arm - owner of brands including Ryvita and Blue Dragon ...
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Family connections behind Ryvita deal
Jordans, the cereal company, said it chose to merge with Ryvita because of the family values of its owner Associated British Foods (ABF).The two brands combined this week in a cashless deal that gave ABF 62% ownership of the new venture,...
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Jordans and Ryvita to merge
Cereals business Jordans is to merge with Associated British Foods' Ryvita business.Associated British Foods, which took a 20% stake in Jordans last year, will have a 62% interest in the combined business, with the balance held by the...
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Associated British Foods results expected
Associated British Foods is expected to post a pre-tax profit of around £282m, up from £268m, when it unveils its half-year results tomorrow (Tuesday).Analysts are expecting strong performances from its grocery business, British Sugar unit...
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ABF names world food team bosses
Associated British Foods has announced the senior management team for its newly created world foods business.AB World Foods brings together ABF's G Costa division, which has brands including Blue Dragon, and Patak's, which it bought last...
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Twinings aims to boost share of speciality tea
Premium tea brands Twinings and Jacksons of Piccadilly are expanding their ranges with moves into organic and Fairtrade respectively.The two brands, both owned by Associated British Foods, are introducing the new options this month in an...
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Bread's going out of fashion for ABF
Asale to Warburtons or Premier is surely out of the question without a lengthy and potentially damaging investigation. But despite official denials, a well-placed source has confirmed that Associated British Foods is in "exclusive, confidential...
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ABF buys Jordans stake
Associated British Foods is to buy a 20% stake in cereal manufacturer Jordans.The food giant will acquire the share capital from the founding Jordan family, which will continue to control the business.The Jordans product range...
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ABF's wisdom curries favour with Patak's
Associated British Foodshas beaten off competition from bigger rivals to buy Patak's this week.The deal was estimated to be worth more than £100m, and City analysts believe owner Kirit Pathak could also receive an extra £90m over the...
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AB Foods shares rise
Shares in Associated British Foods rose 6.5p to finish on 932p yesterday after the group revealed it had acquired Indian food company Patak's in a deal thought to be worth more than £100m.The deal includes the Patak's brand and assets in all...
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Associated British Foods acquires Patak's
Associated British Foods has acquired Indian food company Patak's from the founding Pathak family for an undisclosed sum.The deal includes the Patak's brand and assets in all countries except India and completion is subject to a number of...
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The greening of major suppliers
Associated British Foods: The company is building a bioethanol plant in Norfolk that will process sugar beet into 55,000 tonnes of bioethanol each year, providing a sustainable energy source for more than one million cars. Cadbury...