Dairy Crest has performed solidly during the first six months of the year, benefiting from being a broadly based dairy business with strong brands. Adjusted profit before tax (before exceptional
Associated British Foods has reported a 10% increase in revenue to £10.2b and adjusted operating profit up by 26% to £909m for 2010. With 56% of sales and 46% of
Switzerland-based Barry Callebaut, the world’s leading manufacturer of high-quality cocoa and chocolate products, reported strong results for its 2009/10 financial year, ended August 31st last. With a sales volume growth
Arla Foods UK, the British subsidiary of Scandinavian dairy co-operative Arla Foods, is to manufacture retail packet butter at Westbury Dairies, from August 2011. The move follows the announcement in
Milk Link, the UK dairy co-operative, has more than trebled profit before tax to £12.2m in the first half of 2010, compared to the corresponding period in the previous year,
Graham’s The Family Dairy, Scotland’s largest independent dairy company, achieved record sales and profits during its last financial year ended March 31st 2010. Turnover broke through the £40m barrier for
Tate & Lyle, the global sweeteners and food ingredients group, has reported an 18% increase in adjusted operating profit to £170m (up 13% in constant currency) for the first six
UK dairy co-operative First Milk has reported profit before tax of £3.2m for the six months period ended September 30th 2010, recovering from a loss of £9m in the first
McCormick & Company, a global leader in spices, seasonings, specialty foods and flavours, has expanded its interests in India and the Middle East with the acquisition of a 26% minority
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
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.
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
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,
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
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
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
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
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
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
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
Russia has been in the news lately with PepsiCo announcing plans to build a $140m factory, its tenth plant in the country, as part of a $1b investment programme. The
Premier Foods, the UK’s largest domestic food processor, has reported that the British consumer environment has become markedly tougher in
The international weight management market was worth an estimated $7.3b in 2009, and it is set to grow year-on-year at
Diageo has strengthened its beer business in emerging markets after its East African Breweries subsidiary acquired a 51% stake in
Expectation of a dramatic shortfall in world feed grain harvests, coupled with US Government upping the level of corn-based ethanol
French and international vegetables processor Bonduelle has opened its first factory in Brazil. Based in the state of Goias, the
Danone has finalised the sale of its 18.4% stake in Wimm Bill Dann Foods, the Russian dairy and food group
The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese
The European Commission has cleared the proposed acquisition of a 74% controlling stake in Frisch & Frost (F&F), a producer
French fresh salads producer Florette is reported to be preparing to commence production on the Spanish island of Gran Canaria.
Cost remains a strong deterrent against the purchase of organic goods for UK consumers, a new report from YouGov SixthSense
Arla Foods UK, the British arm of Scandinavian dairy co-operative Arla Foods, is investing £6.7m in a new bottle blowmoulding
PepsiCo plans to roll-out globally its new i-crop farming technology that will enable the soft drinks and snacks group’s farmers
Pernod Ricard has unveiled its new limited edition Absolut vodka – Absolute Glimmer. The new product features a highly innovative
Puratos, an international group of Belgian origin specialising in the manufacture of raw materials for bakers, pastry chefs and chocolatiers,
Nestle remains on track to deliver on its earlier forecast of full-year organic growth of around 5% combined with an
Welsh dairy farmers, processors, and retailers have reached an ambitious agreement to further reduce the environmental impact of milk and
Swiss dairy company Emmi has completed the extension of its cheese-ageing cave in Kalthbach in response to growing demand for
German dairy company, ODW Frischprodukte, a subsidiary of Odenwald Fruchte, is acquiring the FrieslandCampina site at Elsterwerda in Germany. In
Spanish food group Ebro Foods is in negotiations to acquire Australian rice producer SunRice for an enterprise value of A$600m
Global soft drinks and snacks giant PepsiCo plans to invest $140m to build its tenth plant in Russia. The new
Reflecting the impact of acquisitions and a return to volume growth of its Magners brand in Great Britain for the
UK sales of pies and pasties are thriving and by 2012 will be worth over £1 billion, according to the
Tangerine Confectionery, which is owned by private equity firm Growth Capital Partners, has called in investment bank NM Rothschild to
Uniq has proposed a solution to its £436m legacy pension deficit which would involve the company’s Pension Scheme becoming the
First commercially available food microbiology assay to accurately detect Listeria species in environmental samples in just 8 hours Thermo Fisher
Irish producers and manufacturers attending the first in a series of retail seminars entitled ‘Breaking into UK Retail’ on Thursday
Diageo, the world’s leading premium drinks company, has opened the doors of its new £40 million distillery in Speyside, Scotland.
Greggs, the UK’s largest retail baker, has reported that its expansion programme remains firmly on track, with a net 32
Baking bread in lighter tins, cleaning pipes with ice instead of hot water, and using microwaves to dry fruit gums
Bacardi, the largest privately held spirits company in the world, has completed the initial phase of its $250m investment in
Kraft Foods has opened a European Gum and Candy Research & Development Centre at Eysins in Switzerland. The $14m state-of-the-art
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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