Arrow Group has posted a Eur1.9m pre-tax loss on revenue down 18% to Eur340m for 2009, compared to a pre-tax profit of Eur4.6m in the previous year, as the Irish
Posts From colin
Swiss dairy processor Emmi is repositioning its products under the ‘Emmi’ umbrella brand. Typical Swiss symbols and the silhouette of a mountain peak in red and white are the key
Nestle has completed the acquisition of Vitaflo, a Liverpool-based global provider of clinical nutritional products which has enjoyed double-digit growth in the order of 30% over the last three years.
Rectory Foods, the UK-based supplier of poultry, red meat, fruit and vegetables and food ingredients to the food service, wholesale, food manufacturing and retail sectors, has expanded its business in
Cargill has entered into a supply agreement to provide Unilever’s European operations with 10,000 metric tonnes of segregated refined palm oil, certified by the Round Table for Sustainable Palm Oil
Danone has signed exclusive 10 years licence agreements with Probi, providing the French food and beverage giant with exclusive rights to use the Swedish probiotic research company’s Lp299 technology in
Roshen Confectionery Corporation will invest Eur3.2m towards the end of 2010 in new production lines as the first phase of a Eur8m modernisation programme at its caramel factory in Lithuania.
The European Court of Justice, the top court in the European Union, has upheld earlier rulings by the European trade mark office and the European Court of First Instance which
Kellogg is creating fifty new jobs at its European headquarters at Swords in Ireland. The world’s largest breakfast cereal manufacturer is recruiting for senior positions in marketing, finance and sales
Irish Distillers Pernod Ricard has appointment Denis O’Flynn as commercial director Ireland. Irish Distillers Pernod Ricard is Ireland’s leading spirits and wines company producing five of the top ten spirits
Thai Union Frozen Products, Thailand’s major processor and exporter of canned and frozen seafood, is acquiring MW Brands, Europe’s leading canned seafood company, for an enterprise value of Eur680m from
French and international dairy group Lactalis has extended its UK interests with the acquisition of Rachel’s Organic, the Welsh company best known for its organic yoghurt range, from US-based Dean
Morrisons, the UK’s fourth largest supermarket group, has expanded its manufacturing division with the acquisition of Simply Fresh Foods, a supplier of stir-fry mixes, prepared vegetables and ready-to-eat salad products
Coca-Cola Hellenic, which is one of the largest bottlers of Coca-Cola products in the world and the biggest in Europe, has reported stable net profit of Eur201m for the six
Danone has agreed to sell its 22.98% shareholding in China Huiyuan Juice Group, which is listed on the Hong Kong Stock Exchange, for about Eur200m to SAIF Partners, a Hong-Kong-based
The British Food and Drink Federation (FDF) has unveiled the final shortlist for its annual Community Partnership Awards. FDF’s Community Partnership Awards recognise the food and drink chain’s longstanding commitment
Global wines and spirits group Pernod Ricard has reorganised its premium wines and vodka businesses. A new brand company called Premium Wine Brands has been created which is responsible for
PureCircle, the world’s leading producer of high purity stevia products, has won a number of new contracts with major food and beverage companies. In addition to its existing global supply
French food and beverage giant Danone has reported an 11.2% increase in consolidated sales to Eur8.35b in the first half of 2010 and a 7% rise on a like-for-like basis.
Paul Bulcke, chief executive of Nestle, supports the move to drive the European Union to toughen greenhouse gas emissions reduction targets. In a signed letter together with 26 business leaders
Roshen Confectionery Corporation has reported a 35% increase in sales to US$425m in the first half of 2010. Total confectionary output by the Ukrainian confectionery manufacturer was 184,000 tons, which
Switzerland celebrates its birthday on August 1st. Together with internationally renowned light artist Gerry Hofstetter, Emmi, the country’s largest dairy group, is giving the Swiss population a special present to
The European Bank for Reconstruction and Development (EBRD) is supporting regional corporate consolidation in south-eastern Europe and the development of
An ambitious development strategy for the Irish seafood sector has been unveiled. The three year strategy, drafted in consultation with
Europastry is investing Eur20m this year to expand its production and logistics capacity in Spain. The Spanish and international bakery
In response to the growing demand for coffee mixes, Nestle has created a new hub for innovation in beverages. This
Australian brewer Foster’s has renamed its troubled, global wine business as Treasury Wine Estates in advance of a planned demerger
Independent Scottish company Johnstone’s Bakers has reported a 45% increase in turnover to £7.4m for the year ended November 30th
Nestle Waters Poland has opened a state-of-the-art home and office delivery water bottling factory in Rzeniszow, in the southern part
Refresco Iberia has installed a new line for cans at its production plant in Marcilla, in the north of Spain.
Brew Dog, the Scottish maverick independent brewery, has unveiled the strongest, most expensive and most shocking beer in the world.
Having completed the sales of its operations in continental Europe and transformed into a UK-focused chilled foods business, Uniq has
UK regional brewer and pub operator Fuller, Smith and Turner has promoted Simon Emeny, managing director of the group’s Fuller’s
Private equity firms Blackstone Group and PAI Partners are reported to be seeking to sell British and international biscuits and
French scallops producer Youinou is investing Eur3.5m to more than double production capacity and to upgrade its plant at Saint-Hernin
Arla Foods is expanding its dairy in Hollandtown, Wisconsin, in the US to match American consumers’ growing interest in ‘premium’
Castle MacLellan Foods, the Scottish luxury pate producer based at the fishing town of Kirkcudbright, was visited recently by the
Zetar, the UK confectionery and snack foods group, has reported a much improved financial performance for the year ended April
Private equity firm PAI Partners is reported to be considering the sale of its 50% stake in French yoghurt producer
Dairy Crest has reported that it has started the year well and trading in the first quarter has been in
Dairy multinational Royal FrieslandCampina is aiming to achieve climate-neutral growth throughout the dairy chain over the coming years. Sustainability is
The value of shares in Uniq have fallen sharply after the UK chilled prepared foods group’s long-term proposals for tackling
Milko, one of Sweden’s largest dairy companies, is to close down two of its four processing plants. Milko plans to
Unilever is selling its Italian frozen food business, Findus Italy, to Birds Eye Iglo, which is owned by private equity
Greencore Group is selling its Netherlands-based convenience foods business, Greencore Continental, to Convenience Foods Europe, a subsidiary of Parcom Buy
Global food and industrial ingredients group Tate & Lyle has fully commissioned its new Sta-Lite Polydextrose line in Koog, the
Having recently received planning permission, poultry processor Moy Park has commenced work on extending the capacity of its site at
Changing demographics will have an impact on the types of dairy products people consume and how they consume them, providing
French spirits group La Martiniquaise is reported to be the only bidder left for Belvedere’s Marie Brizard liqueur brand following
Kellogg and Ajinomoto Company of Japan have formed a global R&D alliance to jointly develop health and nutrition products for
SABMiller, the world’s second largest beer company, is calling on the brewing industry to improve disclosure on environmental and social
As part of its sustainability commitment to double the size of its business while reducing its environmental impact, Unilever has