Kraft Foods (USA), the world’s second largest food company, clinched a takeover deal for UK confectioner Cadbury, after winning support from shareholders representing 72 per cent of the chocolate company. In Jan 2010 the Cadbury board unanimously recommended that it’s shareholders sell to Kraft after Kraft revised their offer. [source]
Green & Black’s has announced plans to go Fairtrade Certified across most of its block chocolate and beverages range this year [more]. Soon after this announcement, Cadbury (who own Green & Black’s) was bought by Kraft. It is unknown whether Kraft will continue with Cadbury’s push to increase it’s range of Fairtrade chocolate. [source]
Thank you for your email, and thank you for your positive feedback – always great to hear! We’re really happy to be part of the zero waste trial you are organizing – I agree that Elgaar Farm’s returnable packaging is very compatible with minimizing waste and pollution.
Your friend’s concerns regarding treatment of cows and calves in the conventional dairy industry are entirely justified. However, at Elgaar Farm there is a great emphasis on the ethical and humane treatment of animals….
The Cadbury board has unanimously recommended that it’s shareholders sell to Kraft after Kraft revised their offer. Shareholders have until February 2 to accept the proposal. This has possible implications for Cadbury’s plans to use Fairtrade cocoa in their Dairy Milk chocolate bars. [source]
Unilever has altered it’s palm oil supply chain after Greenpeace presented them with a new report on Sinar Mas, an Indonesian conglomerate with extensive interests in both the palm oil and pulp and paper sectors. A Unilever spokesman said that the claims were ‘too serious for us to ignore’ and they have stopped buying palm oil from Sinar Mas. [source]
Lion Nathan and National Foods were officially merged into one entity on 21 October 2009. The merged entity, Lion Nathan National Foods, is wholly owned by Japanese drinks giant Kirin Holdings. Meanwhile the outcry continues from Tasmanian farmers, who are being paid less than 21c for every litre of milk by National Foods, well below the cost of production of about 39c a litre. A Senate inquiry has been called.
Greenpeace Australia have released the new 2010 Truefood Guide. It includes even more food and beverage brands, as well as incorporating the alcoholic beverages edition we launched earlier this year. It also sees leading brands Nestle, Foster’s, Schweppes and Lindt shift to GE-free. [source]
From lipstick to ice cream, and even some breads and biscuits, palm oil is used in a variety of products we purchase every day. But the true cost of palm oil is being paid in high-biodiversity tropical rainforests, which continue to be cleared for ever expanding oil palm plantations. WWF’s Scorecard is an assessment of the palm oil purchasing practices of major European companies that produce and sell everyday consumer products. [source]
Pfizer Inc. acquired Wyeth in a US$68 billion deal. Wyeth is now a wholly owned subsidiary of Pfizer Inc., the world’s largest research-based pharmaceutical company. Both companies are based in USA. [source]
The South African civil rights initiative, AfriForum, launched an international campaign calling on people to boycott all Nestle products, unless Nestle decided by 7 October 2009 to stop buying milk from Grace Mugabe – wife of the Zimbabwean dictator, Robert Mugabe. From 4 October 2009, Nestle stopped buying any milk from Grace Mugabe. [source]
(AUST >> FOREIGN) Japanese brewing giant Kirin bought the 54 per cent of Lion Nathan it didn’t already own in a $3.4 billion deal. Lion Nathan is Australia’s #2 brewer, after Fosters. Kirin recently bought National Foods and Dairy Farmers, and will combine them with Lion to create Lion Nathan National Foods Pty Ltd, which will be the largest supplier to Australian supermarkets. [source]
Cadbury’s plans to achieve Fairtrade certification on their Dairy Milk chocolate by Easter 2010. The UK confectioner, which launched Fairtrade Dairy Milk in Britain and Ireland earlier this year, advised that they would extend their commitment to Australia, New Zealand, Japan and Canada. [source]
Consumers secured an important victory with Cadbury reversing its previous decision to put palm oil in its dairy milk chocolate. This will include all dairy milk chocolate made in Australia and New Zealand. [source]
Zoos Victoria has launched it’s Don’t Palm Us Off campaign, which is pushing for Food Standards Australia New Zealand (FSANZ) to change legislation to have palm oil labelled on all food products. Sign the petition here to tell FSANZ that you want the choice! [source]
Kimberly-Clark, the largest tissue company in the world and maker of Kleenex and Huggies, has committed to sourcing 100% of the wood fiber for its products from environmentally responsible sources. By the end of 2011 Kimberly-Clark will no longer use any pulp cut from endangered forests; instead they will increase the company’s use of FSC (Forest Stewardship Council) certified pulp and recycled fiber globally. [source]
The Bottled Water Alliance is an Australian campaign run by “Do Something”, aimed at reducing bottled water use in Australia. Recent victories include:* NSW Government is to place a ban on all agencies and departments buying bottled water.* The NSW rural town, Bundanoon, has become Australia’s first bottled water free town. [source]
The ACCC rejected the deal in Feb 09, but now the proposed takeover of chicken processor Bartter has been approved after Baiada announced they would be prepared to divest all assets currently owned by Bartter in Victoria to La Ionica Poultry. Bartter Enterprises (Steggles) is the second largest producer and marketer of chicken and turkey products in Australia. Inghams is the largest, with Baiada the third largest. Together, the three companies hold around 65 per cent of the Australian market….
Supermarket giant Woolworths will expand its Thomas Dux premium grocery chain by acquiring Melbourne organic grocery chain Macro Wholefoods. All 8 Macro stores in Victoria and NSW will be rebranded Thomas Dux. [source]
Drinks giant Asahi Breweries has bought Schweppes Australia for $1.2 billion, in the latest Japanese raid on an Australian food and drinks company. This is the fourth buy-out of an Australian company by a Japanese brewer in just over a year, following Kirin’s acquisition of Dairy Farmers and National Foods, and Suntory’s successful bid for Frucor. Australia was the last country where Cadbury maintained a drinks operation. US-based Coca-Cola Company relinquished its negotiation right regarding the takeover. Asahi Breweries will…
(AUST >> FOREIGN) Australian paper company PaperlinX has sold it’s subsidiary Australian Paper (including the Maryvale pulp mill in Gippsland), to Japan’s Nippon Paper Group, Inc. for $700 million. [source]
Lion Nathan’s $7.3 billion takeover proposal for Coca-Cola Amatil, made in Nov 2008, has been rejected. Lion Nathan is 46% owned by Japanese beer giant Kirin Holdings, while Coca-Cola Amatil is 30% owned by The Coca-Cola Company (USA). TCCC wrote to Kirin Holdings rejecting the offer. [source]
(AUST >> FOREIGN) Golden Circle, a 61 year-old Australian company renowned for their canned fruit and vegetables, fruit juice and jam, was bought by US food giant Heinz in Dec 2008, for $288 million. [source]
(AUST >> FOREIGN) National Foods (owned by Japanese alcohol and pharmaceuticals giant Kirin) bought Australian Co-operative Foods, which trades as Dairy Farmers, for A$910 million in Nov 2008. Kirin bought National Foods last year, and already owns 46% of brewer Lion Nathan. National Foods owns the Pura Milk and Berri juice brands, while Dairy Farmers makes its own branded milk, Coon cheese and Ski yoghurt.
In Nov 2008, Belgium based brewing giant InBev bought USA brewing giant Anheuser-Busch for US$52 billion, creating the world’s largest brewer with nearly 25% global market share and one of the world’s top five consumer products companies. Brands include Budweiser, Stella Artois and Beck’s. [source]
(FOREIGN >> AUST) Hans Smallgoods has been sold to Australian smallgoods company P&M Smallgoods, owners of the Primo brand. Hans was placed into receivership by it’s previous owners Japan Tobacco. [source]
(AUST >> FOREIGN) In September 2008, Kellogg Australia bought Specialty Cereals, a privately-owned cereals manufacturer based in Sydney. Brands include Vogels, Wild Oats, and Cerevite. Kellogg Australia is a wholly-owned subsidiary of Kellogg Company, USA’s #1 cereal producer. [source]
(AUST >> FOREIGN) The French vaccine and pharmaceutical giant sanofi-aventis bought Australia’s largest vitamins manufacturer, Symbion Consumer, for $560 million in 2008. Brands include Cenovis, Nature’s Own and Faulding. [source]
(FOREIGN >> AUST) A consortium of investors lead by The Real McCoy Snackfood Co purchased the snack foods business of Campbells/Arnotts in May 2008. The combined businesses was renamed ‘Snack Brands Australia’. The deal brings several brands back to Australian ownership, including Kettle Chips, Thins, Cheezels, CCs, French Fries & Samboy. [source]
The largest Australian-owned biscuit manufacturer, Paradise Food Industries also make the entire Dick Smith range of biscuits. Paradise was bought by Australia’s largest food company, Goodman Fielder, for about $80 million in Mar 2008. [source]
Japan’s leading producer and distributor of alcoholic and nonalcoholic beverages, Suntory, bought Frucor (makers of V energy drinks) from French food and drinks giant, Danone, in Oct 2008 for NZ$1.3 billion. [source]
Australia’s largest dairy company, National Foods, operates in the milk, dairy foods and juice production industries. It was taken over by San Miguel, Phillipino beer giant in 2005, and sold to the Japanese food and drinks giant Kirin Holdings for $2.8 billion in 2007. Kirin owns 46% of Australia’s 2nd largest brewer, Lion Nathan. [source]
Wesfarmers acquired Coles Group Ltd for $22 billion in November 2007.Wesfarmers now owns Coles, Bi-Lo, Bunnings, Officeworks, Target, Kmart, liquor retailers (1st Choice Liquor Superstore, Liquorland, Vintage Cellars), fuel & convenience outlets (Coles Express), online stores (Coles Online, Pharmacy Direct). Plus other divisions in the areas of coal mining, energy, insurance, chemicals &fertilisers, and industrial & safety products. [source]
Kraft Foods was spun off from parent company Altria in March 2007, and is now an independent publicly held company. The Altria Group and subsidiaries had been subject to an international Boycott from 1993 due to another of their subsidiaries being Philip Morris, the largest tobacco company in the world. [source]
In February 2007, shareholders approved the change of name from So Natural Foods Australia Ltd to Freedom Nutritional Products Ltd. The Perich Group (NSW’s biggest dairy farmer) own 78% of the company. They acquired Norganic Foods in Oct 2007, Brunswick Seafoods in 2005, and Paramount Seafoods and Freedom Foods in 2003. [source]
In April 2006, CHAMP together with existing Manassen Foods Australia shareholders created a new company, Food Holdings Pty Ltd which acquired Manassen Foods Australia, Great Southern Foods, King Oscar and Hutchinsons New Zealand. The combined entities which will continue to trade as Manassen Foods were merged to form Australia’s leading specialty branded food supplier with over 350 employees and revenues in excess of A$250 million. Private equity company CHAMP owns 51%.
(FOREIGN >> AUST) Unilever sold retail brands of Miracle, Copha, Fairy and Kremelta to Australian owned company Peerless Holdings. In addition, Unilever brands such as Flora, Flora Proactiv, Olivio, Bertolli, and Becel are now manufactured by Peerless for Unilever under a long-term supply contract. [source]
The Smith’s Snackfood Company (owned by Pepsico) bought Sakata Rice Snacks Australia. Under the deal, Smith’s has also acquired rights to manufacture, distribute and market Sakata products worldwide, apart from Japan. [source]