Gambling on pet foods and pigs

Article Abstract:

Dalgety plans to sell two divisions, Martin Brower, which distributes in the US for McDonald's, and its food ingredients business. Dalgety will retain its feedstuffs business, which has been hit by the mad cow disease crisis, its pigbreeding activities, and pet foods. These are seen as areas with good potential, though Dalgety could attract a predator. Dalgety ranks second in the European market for pet foods but has low margins. The head of the petfoods division, Hugh Donaldson, plans to shed 700 jobs of a total of 3,500 in this division.

Prepared Feeds, Other Animal Food Manufacturing, Prepared feeds, not elsewhere classified, Grain Mill Products, Pet Food, Animal Food Manufacturing, Management, Animal feeding and feeds, Pet supplies industry, Dalgety PLC

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Food for thought

Article Abstract:

Hillsborough will shed three divisions, and others are to be sold later. The three divisions are chilled foods, Fairview, a housebuilder, and a poultry business, including Ross Breeders. Hillsborough will be left with its ambient temperature foods business, which includes jam, tea and cookies operations. The sales are likely to permit the company to return funds to stockholders, and the proposals have been welcomed by analysts, while the stock price has risen after the announcement.

Residential Buildings, Residential Building Construction, Residential construction, Hillsborough Holdings Corp.

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Unilever split hints at demerger

Article Abstract:

Unilever could carry out a demerger, with food separated from other activities, such as personal care products.

Toiletries, Toilet Preparation Manufacturing, Toilet preparations, Toiletries industry, Unilever Group

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