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Dairy Crest Reassures Investors

    Dairy Crest Reassures Investors

UK dairy group Dairy Crest has moved to reassure investors following rival Robert Wiseman Dairies’ shock profits warning due to recent intense competitive pressures within the liquid milk market. Whilst

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Atlantic Grupa Focusing on Integrating Droga Kolinska Acquisition

Atlantic Grupa, Croatia’s biggest food and healthcare company, is focusing on integrating its recent acquisition of Droga Kolinska, the largest branded food company in Slovenia. The Eur382m deal created one

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Campari Acquires Liqueur Brands From William Grant For €128 Million

    Campari Acquires Liqueur Brands From William Grant For €128 Million

Italian drinks producer Gruppo Campari is acquiring the Carolans, Frangelico and Irish Mist brands from William Grant & Sons, the Scotch whisky distiller. The acquisition reinforces Campari’s position as a

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Robert Wiseman Dairies Cautions on Profits

    Robert Wiseman Dairies Cautions on Profits

UK liquid milk specialist Robert Wiseman Dairies has cautioned that whilst anticipated sales volumes for the year remain unchanged, operating profits will be impacted by around £7m in the second

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Cadbury Helps Kraft to Hit Sweet Spot

    Cadbury Helps Kraft to Hit Sweet Spot

Kraft Foods has just outlined its new global development strategy and expects to deliver organic revenue growth of 5% or more, margins in the mid- to high-teens and earnings per

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German Bakery Sale

German retail baker Kamps is selling a production unit and a chain of 100 stores in Hamburg to Nur Hier (formerly called Allworden) for an undisclosed price. Nur Hier is

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£4.6 Billion European Ice Cream Market Stays Cool Despite a Cold Economy

    £4.6 Billion European Ice Cream Market Stays Cool Despite a Cold Economy

New research from Mintel Global Market Navigator (GMN) reveals that Germans are the biggest ice cream lovers in Europe, with Germany spending an average of £19 per head on the

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Strong Interim Results From Hilton Food Group

    Strong Interim Results From Hilton Food Group

UK-based Hilton Food Group, the leading specialist retail meat packing business supplying major international food retailers in Europe, has reported a strong underlying trading performance for the 28 weeks to

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UK Food and Drink Processors Make First Step Towards 2020 Water Target

    UK Food and Drink Processors Make First Step Towards 2020 Water Target

Almost 500,000 cubic metres of water have already been saved as 36 of the UK’s leading food and drink manufacturers report their first full year progress on the voluntary Federation

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Coca-Cola Hellenic Maintains Position as a Global Sustainability Leader

    Coca-Cola Hellenic Maintains Position as a Global Sustainability Leader

Coca-Cola Hellenic has been recognised for its continuing commitment to embedding Corporate Social Responsibility into its operations across 28 countries by achieving listings on the Dow Jones Sustainability Index (DJSI)

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Arla Foods UK Becomes Minority Shareholder in Westbury Dairies

    Arla Foods UK Becomes Minority Shareholder in Westbury Dairies

British dairy co-operatives First Milk and Milk Link have agreed terms for Arla Foods UK, the British arm of Scandinavian co-op Arla Foods, to become a shareholder in Westbury Dairies,

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Biggest Fall in UK Alcohol Consumption in 60 Years

    Biggest Fall in UK Alcohol Consumption in 60 Years

UK drinkers are continuing to reduce their alcohol consumption, with 2009 seeing the sharpest year-on-year decline since 1948, according to newly published figures from the British Beer & Pub Association.

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French Miller Strengthens Position With Acquisition

French milling group Moulins Soufflet has acquired Grands Moulins d’Ozon to strengthen its national coverage. Based at Chatellerault, and with annual sales of over Eur20m, Grands Moulins d’Ozon mills 300

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Kerry Group’s €33m Offer For Irish Cheese Maker Accepted

Global ingredients, flavours and consumer foods manufacturer Kerry Group has had its Eur33m offer for Newmarket Co-operative Creameries, the Irish cheese producer, accepted. Located in North Cork, Newmarket Co-operative has

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Arla Foods Reveals Location For New £150 Million UK Dairy

    Arla Foods Reveals Location For New £150 Million UK Dairy

Arla Foods has announced that it will establish the world’s first zero carbon milk processing facility at Aston Clinton, Aylesbury, in southern England. The site, which is due to be

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Consolidation in Irish Consumer Foods Market

    Consolidation in Irish Consumer Foods Market

Origin Enterprises, the Irish agri-nutrition and food business, and private equity firm CapVest have joined forces to create Valeo Foods Group, a new Eur200m turnover Irish consumer foods company. Valeo

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Estrella Maarud Joins Savoury Snacks Industry Pledge

Estrella Maarud, a leading, Norwegian-owned manufacturer of savoury snacks for the Nordic and Baltic markets, has decided to join the advertising pledge recently launched by the European Snacks Association (ESA).

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Barry Callebaut to Expand Production Capacity After Global Supply Agreement With Kraft

    Barry Callebaut to Expand Production Capacity After Global Supply Agreement With Kraft

Barry Callebaut, the world’s largest manufacturer of cocoa and chocolate products, and Kraft Foods, the world’s second largest food company and a global leader in confectionery, have signed a long-term

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Nestle Continues Expansion in Central and Eastern Europe With New Service Centre in Ukraine

    Nestle Continues Expansion in Central and Eastern Europe With New Service Centre in Ukraine

Nestle is creating a new service centre in Ukraine to facilitate its continued expansion in the emerging markets of Central and Eastern Europe. The world’s biggest food group will invest

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Coca-Cola Enterprises Sees Solid Growth Opportunities in Western Europe

    Coca-Cola Enterprises Sees Solid Growth Opportunities in Western Europe

Coca-Cola Enterprises, the world’s largest bottler of Coca-Cola products which will soon be focused purely on some of the largest but also most mature soft drinks markets in Western Europe,

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UK Dairy Sector Responds to Carbon Footprinting Challenge

    UK Dairy Sector Responds to Carbon Footprinting Challenge

The first UK sector specific guidance for calculating the carbon footprint of all dairy products has been launched. Developed by Dairy UK, DairyCo and the Carbon Trust in collaboration with

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Grupo Siro Opens €6m R&D Centre

Spanish food group Grupo Siro has opened a new Eur6m research and development facility at El Espinar in northern Spain. The 3,000 sq m facility, which will house a team

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Coca-Cola Hellenic Opens New €130m Irish Facility

    Coca-Cola Hellenic Opens New €130m Irish Facility

Coca-Cola Hellenic Bottling Company’s Irish business has officially opened a new energy efficient bottling plant, computerised warehouse, and community-focused visitors

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Foster’s Turns Down Offer for Wine Business

    Foster’s Turns Down Offer for Wine Business

Foster’s, the Australian brewer and wine maker, is reported to have rejected a cash offer of up to A$2.7b (£1.6b)

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Own Stores Decline Hits Thorntons

    Own Stores Decline Hits Thorntons

Reported pre-tax profit before exceptionals fell 2.4% to £6.1m on flat revenue of £214.6m for the year ended June 26th

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Changing Consumer Preferences Undermine Profitability at Ukrainian Dairy Group

Ukrainian dairy business Ukrproduct Group has reported a 5.3% drop in year-on-year revenue to £20.7m for the first six months

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Highest British Food Inflation For a Year

Rising ingredients and input costs for food manufacturers are being reflected in a sudden rise in food retail prices but

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William Grant Establishes Global Marketing Office in Dublin

    William Grant Establishes Global Marketing Office in Dublin

Premium spirits business and independent Scottish family distiller, William Grant & Sons, has established its new global marketing office in

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New Head For Friesland Campina’s Ingredients Business

    New Head For Friesland Campina’s Ingredients Business

Owing to his retirement, Frans Visser will step down as a member of the executive board of Dutch dairy co-operative

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Dogged Full Year Performance By Pernod Ricard

    Dogged Full Year Performance By Pernod Ricard

Pernod Ricard, the world’s second largest spirits and wine group, has reported a 1% increase in net profit to Eur951m

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Investment Funds Buy into APM in France

An 80% stake in L’Alsacienne de Pates Menageres (APM), the French manufacturer of ready-to-use dough for tarts, pizzas, cakes and

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Nestle to Expand French Food Service Operation

Davigel Davifrais, Nestle’s French frozen and fresh food products distribution company, is reported to be planning to invest Eur6m to

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Sodiaal’s Acquisition of Entremont Gains French Approval

    Sodiaal’s Acquisition of Entremont Gains French Approval

The French Competition Commission has approved dairy group Sodiaal’s acquisition of Entremont Alliance, the loss making French cheese producer. The

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Emerging Markets Drive Heinz

    Emerging Markets Drive Heinz

Emerging markets such as China, India, Indonesia, Latin America and Russia are expected to deliver at least 20% of Heinz’s

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Interim Profit Surges at Arla Foods But a Challenging Autumn Ahead

    Interim Profit Surges at Arla Foods But a Challenging Autumn Ahead

Increased prices in the global market, rising foreign exchange rates as well as strict control of costs have allowed Scandinavian

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FrieslandCampina Doubles Interim Profit

    FrieslandCampina Doubles Interim Profit

Dutch dairy co-operative Royal FrieslandCampina has doubled profit to Eur156m, due to improved margins and volume growth, and increased revenue

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First Half Improvement at Wimm-Bill-Dann Foods

Russian dairy, food and beverages group Wimm-Bill-Dann Foods increased net income by 7.1% year-on-year to US$69.5m on revenue up 17.1%

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Solid First Half Profitable Growth By Kerry Group

    Solid First Half Profitable Growth By Kerry Group

Kerry Group, the global ingredients, flavours and consumer foods manufacturer, has achieved strong profitable growth in the first half of

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New Wine Trade Agreement Between EU and Australia

    New Wine Trade Agreement Between EU and Australia

A new agreement governing the Eur700 million wine trade between Australia and the European Union comes into force today (1st September

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Top Executive Leaves Nestle

    Top Executive Leaves Nestle

Richard Laube, executive vice president in charge of Nestle Nutrition, has decided to pursue personal opportunities outside Nestle and has

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Interim Profit Tumbles at Josef Manner

Josef Manner, one of Austria’s leading confectionary manufacturers, has reported a 2.4% fall in revenue to Eur72.1m for the first

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European Business News – Week ending September 10, 2010

The first signs that rising ingredient and other input costs for food manufacturers are starting to filter through to food

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Solid First Half Performance By Emmi

    Solid First Half Performance By Emmi

Helped by rising international sales, Swiss dairy group Emmi has increased net profit by 21.5% to SFr39.9m (Eur31m) on sales

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Carlsberg to Close Swiss Brewery

    Carlsberg to Close Swiss Brewery

Global brewer Carlsberg will concentrate its beer production in Switzerland at its main brewery at Rheinfelden and its site in

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Mixed Interim Results at Lotus Bakeries

Belgium-based biscuits and cakes manufacturer Lotus Bakeries increased current operating profit by 8.8% to Eur17.5m in the first half of

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First Half Improvement But Bongrain Still Underperforming

Although Bongrain has significantly improved profitability and sales in the first half of 2010 compared to the corresponding period in

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Greencore Completes Disposal of Dutch Convenience Food Business

    Greencore Completes Disposal of Dutch Convenience Food Business

Leading UK and Irish convenience food manufacturer Greencore Group has completed the sale of its Netherlands-based convenience foods business, Greencore

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Findus Group Targets Growth in Nordic Region

    Findus Group Targets Growth in Nordic Region

Findus Group, one of Europe’s largest frozen food and seafood companies, has appointed Jari Latvanen, formerly with Nestle, to head

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Seabrook Crisps Plans New English Factory

    Seabrook Crisps Plans New English Factory

Seabrook Crisps, the north of England-based snacks manufacturer, is planning to build a new factory in the south of the

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Nestle to Invest SFr500 Million in Coffee Projects

In addition to the SFr200m (Eur150m) invested over the past ten years, Nestle will invest SFr500m in coffee projects by

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Interim Profits Jump at Ter Beke

The benefits of efficiency investments and continuous cost control have helped Ter Beke, the Belgian ready meals and processed meats

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European Business News – Week ending September 3, 2010

Three of Europe’s top ten dairy processors – Arla Foods, Royal FrieslandCampina and Bongrain – reported first half results in

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Nestle Opens Premium Chocolate Production Lines in Russia

    Nestle Opens Premium Chocolate Production Lines in Russia

To consolidate its operations in the Russian and Eurasia region, Nestle has opened two premium chocolate production lines. Creating 149

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Global Dairy Markets Show Signs of Recovery

    Global Dairy Markets Show Signs of Recovery

Global dairy markets recovered somewhat unevenly in the first half of 2010. Commodity prices declined in the early months, stabilised

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