Workers set to benefit in PepsiCo-Pioneer deal

2020-03-06 11:08

The issue of voting rights by South African employees in a proposed R24.4 billion merger between the US food and beverage company PepsiCo and Pioneer Foods came under the spotlight on Thursday in a Competition Tribunal hearing.

Pioneer Foods confident competition authorities won't reject R24.4bn PepsiCo deal

2019-07-25 05:00

Pioneer Foods CEO Tertius Carstens is confident that the company’s R24bn takeover by PepsiCo will get the nod from competition authorities.

Low commodity prices diminish Pioneer's turnover

2018-02-09 12:29

Turnover from Pioneer Food Group fell by 2.4% last year, largely on the back of sales price deflation in soft commodities. Its South African revenue declined by 5.2% as a result.

Pioneer Foods share price drops 8% as CEO to retire

2017-09-01 15:35

Pioneer Foods has announced its CEO Phil Roux will retire by the end of the month.

Pioneer Foods buys UK's Streamfoods for £7.5m

2016-08-01 14:03

Pioneer Foods has that it had bought UK-based Streamfoods Holdings for £7.5m (R137m).

SHARE WATCH: Focus on food firms as SA braces for price hikes

2015-12-04 08:45

Overberg Asset Management analyst Kirk Swart focuses on shares of South African food and agricultural companies in this week's five shares to watch.

Pioneer eyes separate listing for Quantum

2014-09-05 14:14

Pioneer Foods has announced plans to spin off its Quantum Foods unit, with the aim of listing it as a separate entity on the JSE.

Milling firm wins case against Pioneer Foods

2014-03-18 14:02

A Free State maize milling company has won a case in the Supreme Court of Appeal against food giant Pioneer Foods in a trademark dispute.

Pioneer Food first-half earnings lower

2013-05-20 10:45

Pioneer Food Group has reported a 0.6% decline in adjusted headline earnings per share to 218c for the six months ended March.

Pioneer Foods MD to retire

2012-10-16 12:01

Pioneer Food Group has announced the retirement of André Hanekom as group managing director with effect from 31 March 2013.


Pioneer, which owns Liqui-Fruit and Sasko, is one step closer to Pepsi takeover

2019-10-14 11:45

PepsiCo is offering more than R24bn to buy Pioneer, the owner of brands including Liqui-Fruit, Weet-Bix and Ceres.

Pioneer Foods to aquire all of Heinz Foods SA

2017-11-06 18:01

Pioneer Foods on Monday announced that it is set to acquire full ownership Heinz Foods SA – makers of the famous tomato ketchup.

Pioneer Food profit slumps as drought takes its toll

2017-05-22 08:02

Pioneer Food’s six-month profit decreased by 47% as costs increased by 10% due to the need to import maize as a result of South Africa’s drought.

Food makers buckle under drought, rand pressure

2016-01-18 10:59

SA’s worst drought on record, a plunging rand and debt-laden consumers are forcing food producers to sacrifice profits for affordable prices and market share.

Pioneer Foods to buy 50% of Futurelife

2015-04-23 13:31

Fast-moving consumer goods company Pioneer Food Group has entered into a joint venture to access the growing functional food industry.

Zeder to make offer to Pioneer stakeholder

2014-06-20 17:02

The listed agri-investment company Zeder Investments intends to make an offer, subject to certain pre-conditions, to Agri Voedsel’s minority shareholders.

Pioneer Foods to spin off Quantum unit

2013-09-05 20:22

Pioneer Food says it intends to spin off its Quantum Foods unit by listing it in Johannesburg within the next 12 months.

Pioneer Foods appoints new CEO

2013-02-22 12:23

Pioneer Food Group has announced the appointment of Phil Roux as its new chief executive officer‚ replacing longstanding Andre Hanekom.

Pioneer earnings hit by BEE deal costs

2012-05-21 08:17

Pioneer Food Group posted a 44% drop in first-half earnings on Monday, hit by costs related to an empowerment transaction and soft consumer spending.

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