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Industry
News
Several private equity teams bid for
Ahold NV's U.S. Foodservice unit, including a group
made up of Bain Capital, Blackstone Group, and Wellspring
Capital Management, sources said, reported Reuters.
A team of Clayton, Dubilier & Rice and Kohlberg
Kravis Roberts & Co. also bid for the unit, sources
said. Buyout firm Thomas H. Lee Partners is also in
the process, but sources say it is unclear who it is
teamed up with. Full
Story

Sales of carbonated soft drinks in the U.S. were
down for the second year in a row, according to
an annual study by Beverage Digest. Sales fell
by 0.6% in 2006, three times the 0.2% slide the year
before. Coke's total volume fell 1.2%, while Pepsi's
volume dropped 1.3% in the U.S., according to the report.
Cadbury Schweppes volume increased 1.3%. Together, the
three companies, Coke, Pepsi and Cadbury, account for
close to 90% of the industry's volume. Full
Story

Jones Soda is now being sold at some of the nation's
largest retailers, including Wal-Mart, Kmart, Safeway
and Kroger, increasing its presence from just 2% of
all food and drugstore outlets to 25%. Until recently,
Jones Soda sold cans only through Target, which had
an exclusive arrangement and will continue to carry
the brand. Jones Soda plans to add more retailers over
the coming year, reported The Seattle Times.
Full
Story
Through its Circle K Stores Inc. subsidiary, Alimentation
Couche-Tard Inc. signed an agreement to acquire 53 stores
in Oklahoma City from Star Fuel Marts, LLC. Full
Story
Food
retailers have been intensifying their efforts to win
back consumers' dining-out dollars through new and
appealing meal solutions. These new and expanded meal
offerings place a much stronger emphasis on quality
and variety, integrating many of the trends shaping
restaurant menus, such as ethnic foods, premium ingredients,
customization and updated preparation techniques, according
to Technomic. As more retailers increase these
efforts, manufacturers need to step up their efforts
to assist them by providing culinary expertise, new
products, and assistance with training and merchandising,
noted Ron Paul, president of Technomic. Furthermore,
restaurant operators, both chains and independents,
need to recognize these developments as a direct competitive
threat targeting their customers. Full
Story
Papa
Gino's is planning to more than double its restaurants
to 335 pizzerias over the next five years and expand
for the first time outside its hometown New England
market. The company is looking to add 135 stores in
New England, including about 90 of its first franchised
restaurants, and open shops in new regions along the
East Coast, reported The Boston Globe. Full
Story (Free Registration Required)
Latest
sales & earnings for food related companies
(Updated Daily)
CVS Corp. increased its $23.9 billion takeover bid
for Caremark Rx Inc. with an increased dividend,
calling its newest proposal its "best and final" offer
for the pharmacy-benefits manager, reported Reuters.
Full
Story

Rachel Ray agreed to work with Dunkin
Donuts in the development of new, "better for you"
food and beverage options. Full
Story
Wholesome & Hearty Foods Co. is introducing
Gardenburger Gourmet, a line of gourmet vegetarian
foods. The first offering is a line of 5-oz. veggie
steaks. Full
Story Meanwhile, Gardenburger is also launching
a new Malibu Burger, a USDA-certified organic product,
that will hit grocery store shelves in late summer.
Full
Story
Revolution Tea entered a national sales
and distribution partnership with S&D Coffee, Inc.
As part of the agreement, S&D will market the Revolution
Iced tea and herbal fruit drink line to its customers.
Full
Story
CSP
Daily News takes a look at Famima!!, a Japanese
convenience store chain in California, which touts
a mix of Japanese- and Asian-tied products, novelty
dispensers and signage that sets the format apart from
other retail experiences in the U.S. The upscale
stores feature open display cases with authentically
prepared sushi, maki rolls and cone-shaped sushi, in
addition to the typical American brand-name snacks.
Full
Story
Catalina Marketing Corporation
entered into a definitive agreement to be acquired by
an affiliate of ValueAct Capital in an all-cash
transaction valued at $1.7 billion. Full
Story
Several firms received
Kosher certification on selected products from the Orthodox
Union, including: Vodka from the Ukraine, France's
La Baleine Sea Salt Coarse Crystals and certain Richardson
Products Gravy Master Products. Full
Listing
Lincoln Snacks rolled out Poppycock-branded In*dul*gence,
a snack created for women in five flavors, including
Nights in White Chocolate, Belgian Love Affair, Simply
Diva, Toast of the Town and Chocolate Crush. Full
Story
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FOOD
BUSINESS MERGERS & ACQUISITIONS 2006
Annual Listing of the Mergers & Acquisitions
Shaping the Food Industry
In
2006, 348 mergers & acquisitions were completed
in the food industry - and an additional
102 were announced, but not yet completed
by the end of the year, according to The
Food Institute’s Food Business
Mergers & Acquisitions 2006. Activity
was up 7.7% from 2005, but still remains
13.6% below the total five years ago. Food
Business Mergers & Acquisitions 2006 is
now available from the Food Institute.
This publication gives the specifics of
each of the deals that took place in 2006
in over 25 categories, plus an overall comparison
of the activity over the past five years,
providing valuable insight into one of the
most influential aspects of the food industry.
For more information or to order the book,
click
here.
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Nestle's Wonka Golden Egg Collection is launching
four new products this spring. Full
Story
Wendy's introduced the 4-Alarm Spicy Chicken sandwich
for a limited time. This is the first time that Wendy's
has expanded use of its signature artisan bread to sandwich
offerings beyond its Frescata deli sandwich line. Full
Story
Though most garlic sold in mainstream grocers is the
common so-called softneck variety, most of which comes
from China and California, more U.S. consumers are
seeking out the more distinct flavor of hardneck garlics.
Sporting fewer, but larger, cloves than softneck garlics,
hardneck varieties are grown throughout the country
and are usually available at farmers markets or online,
according to Herald News. Full
Story
In response to a recent Stagnito
Daily Brief survey, 20% of respondents agreed with the
statement, "The Federal government should ease immigration
laws to accommodate more low cost workers," while
80% disagreed.
The quality, low price and marketing
of Australian shiraz wine over the past few years has
created competition among America's syrah makers.
While most European syrahs have been too pricey to compete
with American syrahs, wine makers from Australia, who
call their syrahs by the name "shiraz," made a dent
in the U.S. market, reported azcentral.com. Full
Story
Niman
Ranch's beef products are now being graded either Choice
or Prime in response to its customers' requests
for graded programs. Full
Story
International News
The European Union blocked a World Trade Organization
investigation of its banana tariffs, temporarily
delaying the inevitable reopening of a decade-old dispute
with Latin American countries and the U.S. over claims
of unfair trade discrimination, reported The Associated
Press. Full
Story
Japanese confectioner Fujiya
Co. is considering closing 30 to 40 of its 800 cake
shops, mainly in the Tokyo and Osaka areas. Almost
all of Fujiya's production was suspended in mid-January
following revelations that the company had been using
out-of-date ingredients in its products. The company's
factories are back in full-scale production, according
to The Japan Times. Full
Story
Japan's Aeon supermarket chain will take a 15% stake
in Daiei for $393.5 million, an alliance that would
create Japan's biggest retail grouping. Aeon will also
purchase a 20% stake in Daiei group supermarket operator
Maruetsu Inc. from Daiei for $140 million. Both purchases
will be completed by the end of March. Combined annual
sales of Aeon, Daiei and Maruetsu would exceed $51 billion,
according to ABC News. Full
Story
Washington News
Federal transportation officials are
weighing a proposal to require devices on commercial
trucks that would limit their top speeds to 68 mph.
The idea is supported by many large trucking companies,
but opposed by many smaller, independent carriers, reported
USA Today. The Department of Transportation is
accepting public comments on the proposal until Mar.
27, but the National Highway Traffic Safety Administration
will have the final say. Full
Story
Market News
The U.S. all orange forecast for the 2006-07 season
is 7.43 million tons, down 9% from the previous forecast,
and 18% below last season's revised final utilization
of 9.0 million tons. View
Report
Chinese
fruit juice producer Huiyuan Juice Group will provide
fruit juice to more than 3,000 Wal-Mart outlets across
the U.S. over a year's period. Huiyuan, covering
42% of China's domestic market, entered the U.S. market
in 2004 and saw its annual sales up 30% year on year
to reach 20 million yuan last year, according to People's
Daily Online. Full
Story
In an effort to fight for lower railroad shipping rates,
soybean industry groups from seven states formed
the Soy Transportation Coalition. The new coalition
will analyze factors that influence freight rates, educate
shippers about rail issues and try to influence policies
and regulations, reported Omaha-World Herald.
Full
Story (Free Registration Required)
C.L. Henderson Produce
Co. released Smile Packs: The Happy Snack, a line of
ready-to-eat sliced apples. The apples come in resealable
family-value 1-lb. packs of sweet red galas, romes,
pink ladies and empires, and 1-lb. packs of tart granny
smith apples as well as in 2.0 and 2.4-oz. individual
packs with a tear notch on the corner, reported ThePacker.com.
Full
Story (Free Registration Required)
USDA designated Los Angeles, Marin, Solano and Ventura
counties in California as primary natural disaster areas
due to extremely low temperatures and freezing conditions
that occurred during the period Jan. 6 - Jan. 19. Full
Story
The Department of Commerce
conducted an administrative review of the antidumping
duty order on certain frozen warmwater shrimp from
Brazil with respect to 11 companies. Full
Notice
National Marine Fisheries Service (NMFS) announced
that the Pacific Fishery Management Council submitted
Amendment One to the Fishery Management Plan for
U.S. West Coast Fisheries for Highly Migratory Species
for review by the Secretary of Commerce.
Full
Notice
NMFS solicited applications
for American Samoa longline limited entry permit upgrades.
Full
Notice
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