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December 12, 2019

 

Nestlé's sale of its US ice-cream business to Froneri, a joint venture (JV) it shares with private-equity firm PAI Partners, could be interpreted as a stepping stone toward an exit from the category altogether, writes GlobalData.

Simon Harvey, Food Correspondent at GlobalData, says: “Nestlé is now left with few wholly-owned global assets in the ice-cream segment, namely those in Canada, Latin America and Asia, and they, too, could soon end up in the hands of Froneri.

“Nestlé's presence in ice cream is dwarfed by its nearest competitor, Unilever, which holds almost twice the global market share of its peer. By effectively transferring ownership of US brands such as Dreyer's, Drumstick, Outshine and Skinny Cow to Froneri, the fast-moving consumer goods (FMCG) giant may have concluded its JV is better placed to serve the low-margin category and make up ground against its rival.

“The sale of the US ice-cream assets also has to be seen in the wider context after Nestlé chief executive Mark Schneider previously voiced intentions to focus resources on high-growth, added-value segments and dispose of operations he deems to be ill-fitting and less profitable. After all, market watchers have questioned the viability of Nestlé remaining in the volatile frozen-food category as a whole for some time.

"In addition, Nestlé had already trimmed its ice-cream portfolio in the summer by moving its business in Israel over to Froneri, joining operations in Europe, the Middle East, Argentina, Australia, Brazil, the Philippines and South Africa that were housed by the venture since it was formed in 2016 with PAI.

"Should Nestlé choose to handover its ice-cream assets in Canada, Latin America and Asia to Froneri at some point in time, the question on everyone's lips might be will it also decide to move away from the category completely, with the sale of its venture stake? A lot may depend on what revenues and profits the enterprise continues to contribute to Nestlé's coffers."

 
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December 4, 2019

A NEW BUSINESS DEVELOPMENT PROGRAM FOR WOMEN ENTREPRENEURS AND WOMEN BUSINESS OWNERS IN THE FOOD PROCESSING INDUSTRY

Saskatoon, SK – The Saskatchewan Food Industry Development Centre Inc. (Food Centre) is very pleased to announce AWESOME, a new programming initiative that focuses on the business development needs of women entrepreneurs in the food and agri-food processing sectors. 
 
Women entrepreneurs make a significant impact on Canada’s economy however it could be far greater! Today, approximately 16% of Canadian businesses are owned or led by women. Research shows that women, who are under-represented in many sectors of the nation’s business economy, have the potential to add billions of dollars to the GDP.   One area where women are under-represented is in food and agri-food processing. In response to this circumstance, the Saskatchewan Food Centre has taken a proactive outlook and has developed a program that focuses on the potential of women entrepreneurs. 

AWESOME (Advancing Women Entrepreneurs through Skill Development, Opportunity identification, Manufacturing support and Export marketing) is designed for women entrepreneurs at all levels of their business development; from start-up to expansion; from processing to packaging; and from local markets to international export ventures. AWESOME will offer customized business development consulting, skill development training, coaching and networking for women entrepreneurs located in Saskatchewan, Alberta and Manitoba. The AWESOME program will work collaboratively with other like-minded organizations and agencies in order to enrich and expand the current network of services that are available for women in business across the prairies. 

The AWESOME program, which is housed and managed by the Food Centre, welcomes Kim Sanderson as the Agri-Food Business Consultant who will work directly with women business owners as they build, grow and expand their food processing business ventures. Kim Sanderson comes to the AWESOME program with a background in agri-food industry consumer marketing and with many years of experience in business consulting.  

The AWESOME program is made possible by Western Economic Diversification Canada through the Women Entrepreneurship Strategy Ecosystem Fund.  The Alberta Food Processing Development Centre and the Manitoba Food Development Centre are partners in the implementation of the AWESOME program.  

More information on the AWESOME Program is available at www.BeAwesome.ca

 
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TORONTO, Dec. 2, 2019 /CNW/ - A key trade negotiator with former U.S. president Barack Obama's administration will headline this year's Arrell Food Summit to be held by the University of Guelph Dec. 3 in Toronto. 

Darci Vetter, former chief agricultural trade negotiator and deputy undersecretary at the U.S Department of Agriculture, will talk about global opportunities and challenges during the one-day conference on food systems and agri-food, to be held at the Globe and Mail Centre.

The summit will discuss skills training for the agri-food sector, Canada's branding initiative for safe and sustainable food, institutional food and planetary health, and equitable food systems.

Hosted by U of G's Arrell Food Institute (AFI), the event is expected to attract about 175 agri-food experts from across Canada, including food producers and processors, government and corporate leaders, entrepreneurs and academics.

Prof. Evan Fraser, AFI director and holder of the Canada Research Chair in Global Food Security, said the summit will bring together diverse experts to talk about Canada's role as a trusted world food supplier.

Referring to U of G, he said, "As Canada's food university, we want to ensure we play a central role in the national and international discussion."

John Stackhouse, senior vice-president in the Office of the CEO at RBC in Toronto and former editor-in-chief of the Globe and Mail, will discuss this year's RBC report about new skills needed for farming. Called Farmer 4.0, the report projects a shortage of 123,000 agricultural workers in Canada by 2030, particularly as older farmers retire and fewer young people take up agriculture.

The document calls for a national agricultural skills strategy involving employers, educators and industry groups to plan for future labour needs.

According to a 2017 study commissioned by U of G's Ontario Agricultural College, four jobs exist for every OAC graduate.

That year also saw creation of the Arrell Food Institute at the University, intended to bring together cutting-edge research, agricultural expertise, big data and environmental science to transform the global food economy and further strengthen U of G and Canada as agri-food leaders. 

The 2019 conference will be the institute's second summit.

Conference highlights:

  • As chief agricultural negotiator for the Obama administration, keynote speaker Darci Vetter led negotiation of the Trans-Pacific Partnership agricultural package and served as an international trade adviser on the Senate finance committee. Now vice-chair, agriculture, food and trade, for Edelman North America, she will deliver the summit's keynote speech.
  • David McInnes, a senior fellow at Canada 2020, an Ottawa-based think tank, will lead a session on Canada's role as an agri-food leader and its brand as a producer of safe and sustainable food.
  • Joshna Maharaj, a chef with Ascari Hospitality Group and author of the book Take Back the Tray will discuss changes to food systems in hospitals, universities and other institutions.
  • Developing sustainable, healthy and equitable food systems will be the topic of a session with University of Saskatchewan plant scientist Leon Kochian and Andy Du Plessis, managing director of FoodForward South Africa, a not-for-profit organization. Kochian and FoodForward South Africa received the 2019 Arrell Global Food Innovation Awards.
 

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