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10 Oct 23

Updated: 10 Oct 23

Refreshments: Race
for one source svce

Coke, Pepsi & Keurig battle
for budding beverage mkt

The beverage market is converging rapidly with coffee, water, soda and energy drink makers and distributors merging or forming strategic alliances e.g Coke, Pepsi, Nestle, Starbucks and Keurig Dr.Pepper. We review a recent Seeking Alpha investment article on Keurig and discuss the broader business supply market trends in single source refreshments supply. 

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7 Oct 23

Updated: 9 Oct 23

CFS Brands builds
foodservice market

Drives single source supply
proposition for customers

CFS Brands, parent company of San Jamar has purchased a New Jersey-based provider of premium foodservice offerings., CEO Trent Freiberg, commented: “The acquisition is a transformational opportunity and provides customers with a broader one stop supplly solution 

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26 Sep 23

Updated: 26 Sep 23

United N a t u r a l
Foods' slowdown

Ex-Staples chief feeds
healthier WFH lifestyle

US #1 broadline food wholesaler United Natural Foods (UNFI) reported slower results in Q4'23 aided by price inflation. “As consumers continue to seek at-home food solutions, UNFI remains dedicated to providing our resellers with a competitive service" said ceo Sandy Douglas (ex-Staples)

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11 Sep 23

Updated: 12 Sep 23

Smucker beats off
big food bidders

Buys cupcake maker in rush
to cash in on Covid profits

J.M. Smucker,  the US beverage & food service brands supplier, confirmed it will buy Hostess Brands in a $5.6 billion deal, as major U.S. packaged food companies look to expand their brand portfolios with Covid-era fortunes dwindling. Big Brand makers General Mills, Mondelez. PepsiCo and Hershey were reportedly also interested in the Twinkies maker. We analyse th deal...

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6 Sep 23

Updated: 6 Sep 23

Restaurant Group
ratifies recovery 

Hospitality & Foodservice
mkt fueled by consumer

The Restaurant Group ceo Andy Hornby reported strong growth for its consumer brand outlets eg. Wagagmama and pubs. Further confirmation that consumer and business demand for hospitality, restaurants, pubs and foodservice is strong despite continuous media reports hyping a "cost of living crisis"? We analyse results...

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16 Aug 23

Updated: 28 Aug 23

PFG-Vistar: food

service normalizes

Price hikes feed market
share gains in restaurants

Performance Food Group inc Vistar, the leading US food & beverage services wholesaler reported a steady sales increase in Q4'23 as businesses & restaurants returned to 'normal'. CEO George Holm commented on market share gains and the resilience of the independent restaurant market. Full report here...

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15 Aug 23

Updated: 30 Aug 23

Bunzl bundles
another 5 acqs

Adds $125m sales: Canada
Brazil, Spain & Netherlands

Bunzl, the $14Bn international business supplier today announced it has acquired 5 resellers in the hygiene, foodservice and packaging markets across Spain, Brazil, Netherlands and Canada. CEO Frank van Zanten commented on the acquisitions...10 year to date. 

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10 Aug 23

Updated: 10 Aug 23

Foodservice fights
rematch & recover

Sysco Up! US Foods' better.
Volumes grow. Prices flat

Foodservice supply leaders to business & restaurants #1 Sysco and #2 US Foods reported solid volume recoveries and flattening inflation.  Both ceo's were happy with the return to 'normalized' markets and programs to regenerate growth. The big food market fight returns...

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8 Aug 23

Updated: 8 Aug 23

Aramark advance