Frozen foods manufacturer Findus is reported to be renegotiating over £700 million of loans with its banks and other creditors. High interest payments impacted on operating profits in its 2010
The outlook for the EU meat industry in 2012 will be positive for most players, although significant differences exist between the sectors and the various positions along the value chain,
Premier Foods has completed the disposal of its loss-making Brookes Avana business, comprising RF Brookes chilled foods and Avana Bakeries, to 2 Sisters Food Group for £30 million in cash.
Despite having the resolve to lose weight, British consumers may not know how to go about it, reveals new research from Mintel. Indeed, just six in 10 (61) UK consumers
The Netherlands-based Vion Food Group has strengthened its ingredients business with the acquisition of Eastman Gel in the US from the Eastman Kodak Company for an undisclosed amount. Eastman Gel
Kraft Foods UK is to invest £6 million in new a shelf-ready packaging format for its Cadbury range of chocolate bars, enabling the product to stand upright in order to
In line with its geographic expansion strategy, Agthia Group, one of the leading food and beverage companies in the UAE, has acquired Pelit Su, the Turkey-based spring water company. Pelit
Unilever has completed the acquisition of Ingman Ice Cream. The deal further strengthens Unilever’s competitive position in ice cream and is hghly complementary to Unilever’s existing portfolio of strong brands
Thorntons, the UK confectionery manufacturer and retailer, has warned that profits for its full year will fall short of expectations. Citing continued weakness in consumer sentiment and high levels of
Hindered by the decline of pub drinking and a lack of broader consumer appeal beyond men, the UK beer market has seen a huge fall from grace in the past
Total Produce plc, Europe’s leading fresh produce company, is to acquire 50% of Frankort & Koning Beheer Venlo and subsidiaries for up to Eur15 million. Headquartered inVenlo, the Netherlands, Frankort &
The Coca-Cola Company has entered a multi-million dollar partnership with three leading biotechnology companies to accelerate development of the first commercial solutions for next-generation PlantBottle packaging made 100% from plant-based
International dairy co-operative FrieslandCampina has commenced construction of its new Innovation Centre in Wageningen in The Netherlands. The new building is due for completion in mid-2013. Property developer Hurks and
Private equity firms Blackstone Group and PAI Partners are reported to be considering splitting their United Biscuits business into two elements – one centred on biscuits and the other on
The Food and Drink Federation (FDF) in the UK and the British Retail Consortium (BRC) have partnered with Leatherhead Food Research to fund and deliver a comprehensive report on salt
Beam, the US-based international spirits group, is entering the fast growing Irish whiskey category with the purchase of Cooley Distillery in Ireland. The purchase price for Cooley, the industry’s only
Carlsberg has entered into a new 5-year revolving credit facility of Eur800 million with a selected group of relationship banks. The new facility replaces the Eur1.425 billion facility signed in
Athens-based Coca-Cola Hellenic, the world’s second-largest bottler of products of The Coca-Cola Company, has announced that its chief financial officer, Robert Murray, will resign from the group to return to
Heineken and Coca-Cola Hellenic have acquired 41.2% of the minority shares in their joint venture company, Pivara Skopje, in the Former Yugoslav Republic of Macedonia (FYROM) for €79.1 million (excluding
UK supermarket group Morrisons will create more than 7,000 new jobs in 2012 as it continues its store expansion programme
Unilever’s R670 million (Eur61 million), state-of-the-art savoury foods plant in Durban is setting new global standards in responsible and sustainable
Premier Foods is selling its four Irish brands comprising Chivers, Gateaux, McDonnells and the Erin licence to The Boyne Valley
Arla Foods, the Danish, Swedish and German dairy co-operative, will begin offering dairy products on GlobalDairyTrade from April 3rd 2012.
Heineken intends to increase its shareholding in Brasserie Nationale d’Haiti (Brana), the country’s leading brewer, from 22.5% to 95%. The
Sara Lee, the US-based food and beverage group, is acquiring CoffeeCompany, a leading Dutch cafe store operator. The acquisition will
Nestle Purina is celebrating tenth anniversary. The company was formed when Nestle acquired the Ralston Purina pet care company in
The Food and Drink Federation (FDF) has launched the ‘Every Last Drop’ campaign – a campaign to raise awareness amongst
New food storage rules being considered by the European Commission would cost retailers at least £100 million pounds and have
Premier Foods has agreed to sell its loss-making Brookes Avana business comprising of RF Brookes chilled foods and Avana Bakeries
Heineken and Facebook have announced a global partnership, which will see the two companies collaborate on digital campaigns for Heineken’s
The food and drink industry, the UK’s largest manufacturing sector, has continued to deliver significant reductions in CO2 emissions while
US-based Mead Johnson Nutrition, one of the world’s leading baby food companies, is to build a new manufacturing and technology
Nestle has joined a new partnership with other dairy companies in Brazil to help more than 2,200 farms improve milk
Independent Irish whiskey producer Cooley Distillery has launched a new range of Poitín products to showcase the traditional spirit of
R&R Ice Cream, Europe’s largest own label ice cream manufacturer, is joining forces with Kraft Foods to bring confectionery innovation
Greencore, one of the leading players in the UK convenience foods market, has increased revenue by 8.7% to £804.2 million,
Kraft Foods plans to invest £50 million in its UK confectionery manufacturing operations while cutting the workforce by 200 people.
US-based food group Sara Lee has completed the Eur115 million sale of its fresh bakery business in Spain and Portugal
R&R Ice Cream, Europe’s largest own label ice cream manufacturer, has acquired Durigon Gelato of Germany for an undisclosed sum,
Private equity firm Lion Capital, which owns Young’s Seafood, has expanded its UK fish and seafood interests with the acquisition
In the next step toward dividing into two public companies, Kraft Foods has announced the appointments of the heads of
Glanbia, the Irish and international nutritional solutions and cheese group, is reported to be considering investing more than Eur50 million
In response to the continued growth of its Jameson Irish whiskey brand on world markets, Irish Distillers Pernod Ricard has
Negotiations about a possible offer by US private equity firm Clayton Dubilier & Rice to buy Greencore, one of the
Heineken has acquired the Galaxy Pub Estate in the UK from The Royal Bank of Scotland for £412 million (€480
Cargill plans to cut its workforce by up to 2,000 of its 138,000 employees globally, a reduction of about 1.5%.
Greene King, the British regional brewer and pub group, has increased operating profit before exceptionals to a record £115.6 million in
Britvic has signed agreements with three of the top four bottlers of Pepsi in the United States to expand the
Bakkavor Group has commenced a 90 days consultation period with 178 staff at its English Village Salads subsidiary in East
Kerry, the global ingredients, flavours and consumer foods group, has completed the acquisition of Cargill’s global flavours business. Cargill Flavor
Despite the difficult economic environment, UK regional brewer and pub operator Marston’s increased revenue by 4.8% to £682.2 million in