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Nestle Eyes Yoplait

    Nestle Eyes Yoplait

Nestle is reported to be considering joining forces with French dairy group Lactalis to make a joint bid for Yoplait, the yoghurt producer. Yoplait has been in play following the

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New Chief at Thorntons

    New Chief at Thorntons

UK confectionery retailer Thorntons has appointed Jonathan Hart as group chief executive with effect from January 4th 2011. Jonathan Hart’s retail and consumer goods experience spans more than 25 years.

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FrieslandCampina Opts for Sustainable Palm Oil

    FrieslandCampina Opts for Sustainable Palm Oil

Dutch dairy co-operative FrieslandCampina will exclusively purchase sustainably produced palm oil in the future. Palm oil and palm oil products are used as ingredients in for example, coffee creamers and

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Expanding Irish Dairy Output by 50% Would Cost €850m

    Expanding Irish Dairy Output by 50% Would Cost €850m

The cost of proposals to increase production of Ireland’s dairy industry by 50% over the next decade, to coincide with the ending of EU milk quotas, would cost about Eur850m,

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Warsaw IPO For Milkiland

    Warsaw IPO For Milkiland

Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, is seeking to raise about $100m via an initial public offering of 20-25% of

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PepsiCo Continues to Invest Heavily in Emerging Markets

    PepsiCo Continues to Invest Heavily in Emerging Markets

Having recently unveiled plans to invest $140m to build its tenth plant in Russia as part of a $1b investment programme in the country, PepsiCo has announced that it will

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European Brewers Face Malting Barley Supply Problems

    European Brewers Face Malting Barley Supply Problems

European brewers and maltsters are likely to face problems sourcing quality malting barley following poor harvests. Heavy rain during harvest time adversely affected grain crops in Germany, Scandinavia and many

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Belvedere Disposes of US Spirits Production Business

Belvedere, the French spirits group, has sold its US production business, Florida Distillers, for $48m. However, Belvedere will retain is US distribution business, which includes the 4 Orange and Sobieski

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Coca-Cola Opens Three Plants in China

    Coca-Cola Opens Three Plants in China

Coca-Cola has opened three new bottling plants in China worth a combined $240m, continuing its rapid expansion in one of the world’s largest and fastest growing beverage markets. The new

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Only Three EU Member States Exceed Milk Quotas

    Only Three EU Member States Exceed Milk Quotas

Denmark, the Netherlands and Cyprus were the only EU Member States which exceeded their milk quotas in the 2009/2010 quota year, triggering superlevy fines totalling Eur19m. This compares with the

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Food Operators Welcome Moves to Create an EU Industrial Policy

    Food Operators Welcome Moves to Create an EU Industrial Policy

CIAA (the Confederation of the food and drink industries of the EU) has welcomed the publication of the European Commission’s ‘Communication for An Integrated Industrial Policy for the Globalisation Era

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Obesity Continues to Grow in the UK

Two thirds of the UK population is now either overweight or obese. Research by the independent market analyst Datamonitor has revealed that there is no end in sight to the

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Premier Foods Encounters Worsening UK Consumer Environment

    Premier Foods Encounters Worsening UK Consumer Environment

Premier Foods, the UK’s largest domestic food processor, has reported that the British consumer environment has become markedly tougher in the third quarter. Sales of its branded products slipped by

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The Future of the $7 Billion International Weight Management Market

    The Future of the $7 Billion International Weight Management Market

The international weight management market was worth an estimated $7.3b in 2009, and it is set to grow year-on-year at between 6-8% for the next 5 years, according to Leatherhead

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Diageo Strengthens Brewing Business

    Diageo Strengthens Brewing Business

Diageo has strengthened its beer business in emerging markets after its East African Breweries subsidiary acquired a 51% stake in rival Tanzanian brewer Serengeti Breweries for $60.4m (£38.1m). The deal

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Poultry Price Rises Inevitable

Expectation of a dramatic shortfall in world feed grain harvests, coupled with US Government upping the level of corn-based ethanol in petrol, has sent corn and wheat prices soaring higher

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Bonduelle Opens First Plant in Brazil

French and international vegetables processor Bonduelle has opened its first factory in Brazil. Based in the state of Goias, the new plant is catering to a large and growing canned-vegetables

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Danone Completes Russian Dairy Deal

    Danone Completes Russian Dairy Deal

Danone has finalised the sale of its 18.4% stake in Wimm Bill Dann Foods, the Russian dairy and food group for $470m. Danone has held the stake since Wimm Bill

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United Biscuits Sale Talks Close to Collapse

    United Biscuits Sale Talks Close to Collapse

The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese food conglomerate Bright Food Group are reported to have stalled

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Lamb Weston/Meijer’s Austrian Acquisition Approved

    Lamb Weston/Meijer’s Austrian Acquisition Approved

The European Commission has cleared the proposed acquisition of a 74% controlling stake in Frisch & Frost (F&F), a producer of frozen and chilled products in Austria, by Dutch company

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Florette to Open Production Facility in Gran Canaria

    Florette to Open Production Facility in Gran Canaria

French fresh salads producer Florette is reported to be preparing to commence production on the Spanish island of Gran Canaria. Florette’s newly constructed facility will have the capacity to produce

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UK Consumers Balk at High Cost of Organic Food

    UK Consumers Balk at High Cost of Organic Food

Cost remains a strong deterrent against the purchase of organic goods for UK consumers, a new report from YouGov SixthSense reveals. In the same report it is shown that a

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Arla Foods UK to Expand Cravendale Milk Capacity

  Arla Foods UK to Expand Cravendale Milk Capacity

Arla Foods UK, the British arm of Scandinavian dairy co-operative Arla Foods, is investing £6.7m in a new bottle blowmoulding

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PepsiCo Plans to Revolutionise its Farming with New i-crop Technology

  PepsiCo Plans to Revolutionise its Farming with New i-crop Technology

PepsiCo plans to roll-out globally its new i-crop farming technology that will enable the soft drinks and snacks group’s farmers

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New Limited Edition Absolut Vodka

  New Limited Edition Absolut Vodka

Pernod Ricard has unveiled its new limited edition Absolut vodka – Absolute Glimmer. The new product features a highly innovative

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Puratos Invests €21m in Sourdough Production

Puratos, an international group of Belgian origin specialising in the manufacture of raw materials for bakers, pastry chefs and chocolatiers,

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Nestle On Track to Meet Full Year Expectations

  Nestle On Track to Meet Full Year Expectations

Nestle remains on track to deliver on its earlier forecast of full-year organic growth of around 5% combined with an

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Welsh Dairy Industry Set For Greener Future

  Welsh Dairy Industry Set For Greener Future

Welsh dairy farmers, processors, and retailers have reached an ambitious agreement to further reduce the environmental impact of milk and

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Emmi Completes Extension of Cheese Ageing Cave

  Emmi Completes Extension of Cheese Ageing Cave

Swiss dairy company Emmi has completed the extension of its cheese-ageing cave in Kalthbach in response to growing demand for

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ODW Frischprodukte Buys FrieslandCampina German Site

German dairy company, ODW Frischprodukte, a subsidiary of Odenwald Fruchte, is acquiring the FrieslandCampina site at Elsterwerda in Germany. In

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Ebro Foods to Expand International Rice Business

Spanish food group Ebro Foods is in negotiations to acquire Australian rice producer SunRice for an enterprise value of A$600m

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PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

  PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

Global soft drinks and snacks giant PepsiCo plans to invest $140m to build its tenth plant in Russia. The new

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Acquisitions Lift C&C Group as Magners Returns to Growth

  Acquisitions Lift C&C Group as Magners Returns to Growth

Reflecting the impact of acquisitions and a return to volume growth of its Magners brand in Great Britain for the

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Rising UK Sales of Pies and Pasties

  Rising UK Sales of Pies and Pasties

UK sales of pies and pasties are thriving and by 2012 will be worth over £1 billion, according to the

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Tangerine Confectionery Could be For Sale

  Tangerine Confectionery Could be For Sale

Tangerine Confectionery, which is owned by private equity firm Growth Capital Partners, has called in investment bank NM Rothschild to

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Uniq to be 90% Owned By Pension Scheme

Uniq has proposed a solution to its £436m legacy pension deficit which would involve the company’s Pension Scheme becoming the

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Thermo Fisher Scientific Announces Same Day Results for Environmental Listeria with DuPont Qualicon BAX® System Listeria Assay

  Thermo Fisher Scientific Announces Same Day Results for Environmental Listeria with   DuPont Qualicon BAX® System Listeria Assay

First commercially available food microbiology assay to accurately detect Listeria species in environmental samples in just 8 hours Thermo Fisher

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Sainsbury’s Spar and IGD amongst VIP speakers at Irish Retail seminar

  Sainsbury’s Spar and IGD amongst VIP speakers at Irish Retail seminar

Irish producers and manufacturers attending the first in a series of retail seminars entitled ‘Breaking into UK Retail’ on Thursday

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Diageo Opens First Scotch Malt Whisky Distillery of Scale in Over 30 Years

  Diageo Opens First Scotch Malt Whisky Distillery of Scale in Over 30 Years

Diageo, the world’s leading premium drinks company, has opened the doors of its new £40 million distillery in Speyside, Scotland.

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Bakery and Retail Expansion Plans on Track at Greggs

  Bakery and Retail Expansion Plans on Track at Greggs

Greggs, the UK’s largest retail baker, has reported that its expansion programme remains firmly on track, with a net 32

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Cutting Energy and Carbon Usage in the UK Food Industry

  Cutting Energy and Carbon Usage in the UK Food Industry

Baking bread in lighter tins, cleaning pipes with ice instead of hot water, and using microwaves to dry fruit gums

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Bacardi Completes First Phase of $250 Million Investment in Scotch Whisky Production

  Bacardi Completes First Phase of $250 Million Investment in Scotch Whisky Production

Bacardi, the largest privately held spirits company in the world, has completed the initial phase of its $250m investment in

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Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

  Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

Kraft Foods has opened a European Gum and Candy Research & Development Centre at Eysins in Switzerland. The $14m state-of-the-art

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Coca-Cola Retains Position as World’s Most Valuable Brand

  Coca-Cola Retains Position as World’s Most Valuable Brand

Coca-Cola has retained its leadership of Interbrand’s 11th annual ranking of the ‘Best Global Brands’ beating off competition from the

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£6m Restructuring at Northern Foods

  £6m Restructuring at Northern Foods

UK convenience food manufacturer Northern Foods has announced a new organisational structure to manage the business through two divisions –

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Premier Foods Receives Approaches for Meat Free Business

  Premier Foods Receives Approaches for Meat Free Business

Premier Foods, the UK’s largest domestic food processor, has received approaches that may or may not lead to a sale

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Profit Jump at Weetabix

  Profit Jump at Weetabix

Helped by rising sales of cereal bars and retailer own label products, UK breakfast cereals manufacturer Weetabix has increased pre-tax

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Coca-Cola Enterprises Now Refocused on Europe

  Coca-Cola Enterprises Now Refocused on Europe

Having just completed the disposal of its North American bottling business to The Coca Cola Company, Coca-Cola Enterprises is now

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Strong Performance by William Grant & Sons

  Strong Performance by William Grant & Sons

Independent Scotch whisky and spirits distiller William Grant & Sons has increased operating profit by 8.8% to £103.6m on turnover

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Carlsberg Signs New Credit Facility of €1.75b

  Carlsberg Signs New Credit Facility of €1.75b

Carlsberg Breweries has entered into a new five-year multi-currency revolving credit facility of Eur1.75b. The facility is for general corporate

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New First Milk Creamery Moves a Step Closer

  New First Milk Creamery Moves a Step Closer

First Milk’s plans to build a state-of-the-art creamery at Campbeltown in Scotland have moved a step forward after Argyll &

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Ter Beke and Stefano Toselli to Create Joint Venure in Central and Eastern Europe

Ter Beke, the Belgium-based processed meats and ready meals company, and French pasta manufacturer Stefano Toselli are considering forming a

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Aryzta Raises €240m to Fund Acquisition

Swiss and international speciality bakery group Aryzta has successfully raised SFr325m (Eur242m) to principally fund the acquisition of the remaining

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European Business News – Week ending October 1, 2010

Famous for its R&D capability and global reach, Nestle is taking a lead in combining food science with that of

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