Private equity group CVC Capital Partners is acquiring a majority stake in Autobar Group from Charterhouse Capital Partners, which will retain a significant minority stake. Autobar is one of Europe’s
The acquisition of Cadbury has helped Kraft Foods to report higher than expected second quarter profit despite a decline in its North American sales. Cadbury contributed 91% of the 25%
UK dairy co-operative Milk Link is planning to launch I Can’t Believe It’s Not Cheddar, a new cheese product that contains 30% less fat than standard Cheddar, early next year.
Yoplait Group of France has granted exclusive franchise rights for the manufacture and distribution of Yoplait branded fresh dairy products, starting in UAE and later expanding in the rest of
Belgian brewer Duvel Moortgat is expanding its portfolio of speciality beers with the acquisition of Antwerp-based Brouwerij De Koninck for an undisclosed sum. Brouwerij De Koninck is best known for
Unilever has reported a 35% increase in net profit to Eur2.21b on turnover ahead by 9.7% to Eur21.89b with underlying sales growth of 3.8% for the first half of 2010.
Benefiting from good consumption momentum across key brand and markets, the consolidation of its Wild Turkey acquisition and an easy comparison base versus last year’s first half, which was hit
Lithuanian dairy company Pieno Zvaigzdes has reported a loss of LTL0.8m (Eur0.2m) for the first half of 2010 compared to a net profit of LTL6.6m in the corresponding period of
Premier Foods, the UK’s largest domestic food processor, has increased operating profit by £40m to £67m for the six months to 30th June 2010 following the completion of exceptional integration
Nichols, the soft drinks group, has increased profit before tax by 39% to £6.0m on sales ahead by 17.8% to £44.2m for the six months to 30th June 2010. Whilst
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
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
Morrisons, the UK’s fourth largest supermarket group, has expanded its manufacturing division with the acquisition of Simply Fresh Foods, a
Coca-Cola Hellenic, which is one of the largest bottlers of Coca-Cola products in the world and the biggest in Europe,
Danone has agreed to sell its 22.98% shareholding in China Huiyuan Juice Group, which is listed on the Hong Kong
The British Food and Drink Federation (FDF) has unveiled the final shortlist for its annual Community Partnership Awards. FDF’s Community
Global wines and spirits group Pernod Ricard has reorganised its premium wines and vodka businesses. A new brand company called
PureCircle, the world’s leading producer of high purity stevia products, has won a number of new contracts with major food
French food and beverage giant Danone has reported an 11.2% increase in consolidated sales to Eur8.35b in the first half
Paul Bulcke, chief executive of Nestle, supports the move to drive the European Union to toughen greenhouse gas emissions reduction
Roshen Confectionery Corporation has reported a 35% increase in sales to US$425m in the first half of 2010. Total confectionary
Switzerland celebrates its birthday on August 1st. Together with internationally renowned light artist Gerry Hofstetter, Emmi, the country’s largest dairy
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
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