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European Business News – Week ending June 17, 2011

 Breaking News
  • Irish Distillers to Invest €150 Million in Sites in Cork and Dublin Irish Distillers has announced investment of over €150 million in its sites in Cork and Dublin to meet demand for its products as the Irish whiskey renaissance continues apace. This is accelerated by the continued growth of the company’s flagship Jameson brand, which is now in double or triple-digit growth in more than 80 markets [...]...
  • Kepak Sweeps Up Seven Awards at Blas na hEireann Irish meat processor Kepak Group has picked up seven awards at this year’s prestigious Blas na hEireann Irish Food Awards, including a Gold award for its newly launched Centra Irish Angus Sirloin Steaks with Pink Peppercorn Butter. As one of Europe’s leading food innovators, Kepak was up against the top Irish producers in a range of distinct [...]...
  • Chr. Hansen Acquires Dairy Ingredient Supplier Through the acquisition of Austrian-based ingredient supplier Österreichische Laberzeugung Hundsbichler, Chr. Hansen will further expand its enzyme production and presence into the traditional segments of specialty cheeses. Hundsbichler products are widely recognized for high quality, and this acquisition will enable Chr. Hansen to offer cheesemakers a second-to-none product portfolio in the animal rennet space. The acquisition [...]...
  • Croxsons Pulls Out All the Stops For HMS Spirits Company Leading glass packaging company, Croxsons, recently came to the aid of start-up artisan gin distiller, the HMS Spirits Company, to fulfil an urgent packaging requirement. The distiller had found itself without a closure for its latest release, Mary Rose Gin, a small batch London Dry Gin produced to celebrate Henry VIII’s famous warship. The distiller, who [...]...
  • Mains Overtaking Bottled Water Coolers in West Europe 102,500 more water coolers were installed across West Europe in 2017, marking a 3.4% increase and taking the total to 3.1 million, according to a new report from the sector’s leading specialist consultancy Zenith Global. The number of mains water, point of use coolers rose by 6.2% to reach 46.9% of the total, up from [...]...

European Business News – Week ending June 17, 2011

June 19
19:42 2011

In a week when the famous Tetley Brewery in Leeds shut its doors for the last time, after 186 years of business, reflecting the continuing decline in the overall UK beer market, three other stories told a different story. Tetley owner Carlsberg UK first announced its plans to close the Leeds brewery, resulting in the loss of 140 jobs, in November 2008. Tetley production is being out-sourced to Marston’s brewery in Wolverhampton, and to Molson Coors in Tadcaster.

However, while the Tetley Brewery was closing, English regional brewers Fuller, Smith & Turner and Shepherd Neame were reporting solid trading, despite the deep economic recession.

London-based Fuller, Smith & Turner increased profit before tax by 16% and turnover by 6% last year. Its total beer volumes increased by 2% as the company again grew its share of the UK ale market. Fuller’s flagship London Pride brand is the UK’s leading premium ale and this year became the number one free trade cask ale by value in Britain.

Headed by its quintessentially British Spitfire brand, Kent-based Shepherd Neame, which is Britain’s oldest brewer, reported that own beer volume grew by 3.6% for the 48 weeks to 28th May 2011.

Cask Ale Revival

Although the UK beer market is in long-term decline, regional brewers have been able to grow sales in the traditional cask ale sector. As the UK beer industry has consolidated, the large international brewers – Heineken UK, Carlsberg UK and Molson Coors – which now dominate the industry have tended to focus on their larger brands and to the neglect their cask ale brands. Indeed, some of the larger national brewers no longer produce cask ale.

This market vacuum has been filled by regional brewers and small craft breweries (microbreweries) which have helped to fuel and to capitalise on growing consumer demand for a greater diversity of traditional and innovative, locally produced beer. In addition to Fuller, Smith & Turner and Shepherd Neame, other regional brewers such as Marston’s, Greene King and St Austell Brewery, have been driving and benefiting from the revival in real ale.

Craft Brewing Renaissance

Julia Austin, managing director of Tyne Bank Brewery, with head brewer Mark McGarry.

The real ale renaissance has also seen the number of breweries in the UK, which had fallen to just 200 in 1970, increase to over 750 last year. The latest of these new craft breweries is Tyne Bank Brewery, a 20 barrel plant, opened in the North East of England. The enterprise has been established on the site of the old Hadrian & Border Brewery by former chemical engineer Julia Austin, who aims to sell her ales to independent pubs, wholesalers, chains, private individuals and event organisers in the North East region.

Dairy Consolidation

Meanwhile on the international front, French group Lactalis is about to become the world’s largest producer of dairy products after receiving clearance from the European Commission to proceed with its Eur3.4 billion bid to acquire the 71% of Parmalat, its Italian counterpart, that is does not already own.

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