Diageo has appointed Ivan Menezes (pictured) as chief operating officer. Ivan Menezes has been promoted from his position as president Diageo North America and chairman of Diageo Asia Pacific and Diageo
Facing stiff competition from rivals, Tesco’s share of the UK grocery market has slipped to 29.7% – its lowest level since May 2005 – according to the latest figures from
British regional brewer and pub operator St Austell Brewery has secured a new £40 million refinancing package with Royal Bank of Scotland and Barclays Bank. The Cornish brewer will use
Coca-Cola Hellenic is to close two of its five production plants in Greece in a bid to cut costs and adjust to falling sales. The company’s sales volumes in Greece
At its Annual General Meeting on 22 March 2012, the Supervisory Board of Carlsberg will recommend that the AGM appoints Donna Cordner, Elisabeth Fleuriot and Soren-Peter Fuchs Olesen to the
The European Commission has officially requested France to amend its rules on the production and marketing of certain products obtained by distilling lees and marcs (the by‑products of winemaking). The
PepsiCo Ireland has officially opened its new R&D Centre for next generation products in Little Island, County Cork. It represents an investment of €10 million in PepsiCo’s Irish operations. PepsiCo
Nestle is strengthening one of its fastest growing businesses in Europe with a Eur220 million (over SFr265 million) investment in building a new Nescafe Dolce Gusto factory in Germany, the
PepsiCo, the world’s second largest snacks and beverages company, and Theo Muller, Germany’s largest privately owned dairy business, have chosen New York as the site for their first yogurt production
Estimated retail sales of Fairtrade products in the UK reached £1.32 billion in 2011, a 12% increase on sales of £1.17 billion in 2010. Cocoa and sugar have all seen
Ferrero Group is to invest $190 million (Eur140 million) in building a new plant in the State of Guanajuato in Mexico. The new production plant will manufacture the new Kinder
Despite continuing weak consumer confidence in Europe, where 80% of its business is based, Arla Foods achieved double digit growth in both revenue and earnings in 2011. Revenue rose by
Carlsberg Group intends acquiring the remaining 15% stake in its Russian subsidiary, Baltika Breweries, for up to DKr6.5 billion (Eur870 million). The move will involve a delisting of Baltika. The
Nestle has gone on the road in Central and West Africa to provide nutrition expertise and healthy eating tips to consumers. Maggi brand ‘Cooking Caravans’ are travelling through Cameroon, Cote
The European Commission has cleared the proposed creation of Senegral, a joint venture by Senoble and Agrial, two French companies operating in the dairy sector. The new joint venture will
Despite the tough trading environment, Kerry Group, the global ingredients, flavours and consumer foods manufacturer, has increased trading profit by 7.1% on a like-for-like basis to Eur5001 million on sales up
Carlsberg Group’s 2011 financial performance has been adversely impacted by a decline in the Russian beer market. Group operating profit at DKr9.82 billion (Eur1.32 billion) declined organically by 4%, as
Food and Drink Industry Ireland, the IBEC group that represents the food sector, today launched ‘Hungry to Grow’, which sets out priorities for the industry for the coming year. The
PepsiCo is investing £14.4 million to increase the capacity of its Quaker Oats site at Cupar in Scotland in a move that will bring 30 jobs to the local area.
The UK has become a net exporter of lamb, according to new figures published by EBLEX. Figures show that in 2011 sheep meat exports from the UK saw an 11
The final phase has commenced of Project Vision – Milk Link’s four year programme to transform its Oswestry production facility into one of the UK’s foremost cheese cutting and packing
Despite a 2.5% drop in sales to £125.8 million Baxters Food Group increased pre-tax profit by 6.9% to £7.1 million for the year ended May 28th 2011. The drop in
Reflecting growth in both emerging markets and developed markets, Nestle increased net profit by 8.1% on a continuing basis to
Premier Foods is to close its bakery at Eastleigh in Hampshire with the loss of 82 jobs. The bakery is
Driven by a group beer volume increase of 3.6% with growth in all regions, Heineken has reported a 6.1% increase
Strong growth in emerging markets helped Danone to increase like-for-like sales by 7.8% to Eur19.32 billion and improve its trading
Young British people are eating out more than they were two years ago, despite the economic squeeze. However they expect
Kellogg Company has agreed to acquire Procter & Gamble’s Pringles business for $2.695 billion. Pringles is an excellent strategic fit
The Scottish Salmon Company has unveiled plans to invest over £40 million to expand its business over the next five
Coca-Cola Hellenic has reported a 1% growth in net sales revenue to Eur8.85 billion for 2011 but volumes fell by
Global ingredients company Corn Products International is to change its name to Ingredion pending shareholder approval at its annual meeting
New labelling currently being rolled out across Sainsbury’s stores around the UK will advise customers to freeze food as soon
The unpredictability of the average German’s daily routine is having a significant impact on their eating habits, according to a
In a new report on the global beverages sector Rabobank identifies five key megatrends which will influence the outlook in
Reto Conrad, chief finance officer of Emmi Group, has decided to pursue a new challenge in his career and will
Barry Callebaut, the world’s leading manufacturer of high-quality cocoa and chocolate products, is acquiring Mona Lisa Food Products, a leader
Mintel’s latest research into sauces and seasonings reveals that sales of brown sauce are on the increase, rising by 9%
Dairy Crest is increasing its bad debt provision by up to £4 million after a customer, Quadro Foods, called in
With worldwide snacks and beverage volumes rising by 8% and 5% respectively, PepsiCo has increased operating profit by 16% to
Helped by strong growth in emerging markets and a recovery in some developed markets, Diageo has reported an 8% growth
Private sector companies have an important role to play in addressing the global food crisis, according to Nestlé chief executive
Coca-Cola Enterprises, the world’s third largest independent Coca-Cola bottler, has increased revenue by 11.5% to $8.3 billion with volume sales
Arla Foods UK has commenced building work for its £150 million fresh milk dairy in Aylesbury. Work started on site
Agri-Foods Business Advisors BDO will be hosting a breakfast conference later this month aimed at growth focussed SME’s in the
SABMiller has appointed Professor Katherine Smart (pictured) as group chief brewer to replace Professor Barry Axcell, who is retiring at the
The Coca-Cola Company has reported a 33% rise in net revenues to $46.54 billion and comparable currency neutral net revenues
The global dairy market will offer strong growth prospects in the coming five years, but the uneven spread of this
Ton Christiaanse, chief executive of VION Food UK and also a member of the parent group’s executive board, has decided
Nestle has launched a new coffee machine designed to appeal to Europe’s millions of small businesses. The Nescafe Alegria, which
Having purchased or received valid acceptances for 93.9% of the ordinary share capital of Robert Wiseman Dairies, the UK liquid
SABMiller and Molson Coors, through their MillerCoors brewing joint venture in the US, have moved into the cider market, the
An increasing number of consumers in the UK are now planning before going out to do their food and grocery shopping,
The Irish food and drink industry’s ambitions for growth and expansion moved a further step forward today when over 520
US-based global spirits group Beam (formerly known as Fortune Brands) has reported a 4% rise in operating income to $572.2
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