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European Business News – Week ending September 10, 2010

 Breaking News
  • Hilton Food Group to Move into UK Fish Processing Hilton Food Group, the UK-based specialist international meat packing business, has agreed to acquire Icelandic Group UK (Seachill), a leading chilled UK fish processor, for cash consideration of £80.8 million. The acquisition will provide Hilton with entry into the processing and supply of fish in the UK. Robert Watson OBE, chief executive of Hilton Food Group. Founded [...]...
  • UK Health Costs of Obesity Soaring Money spent last year on junk food advertising in the UK far outweighs the amount Government is able to spend on healthy eating campaigns, leading to an unbalanced environment pushing us towards unhealthy choices, according to new analysis by the Obesity Health Alliance (OHA). Junk food brands are spending 27.5 times more on advertising their products [...]...
  • The End of EU Sugar and Isoglucose Quotas Will Benefit All Stakeholders EU sugar and isoglucose production quotas ended on 30 September 2017. At its recent conference at the Bibliothèque Solvay in Brussels, Starch Europe called on all stakeholders to embrace the benefits of this historic development. Speaking at the conference, Starch Europe president, Alain Dufait said: “As an industry, we find ourselves in a time of opportunity. [...]...
  • Scotbeef Purchases Blast Freezer From Blue Cube In a move to boost freezer capacity at its modern plant in Glasgow, leading UK fresh meat processing company, Scotbeef has purchased a BFT40 portable blast freezer from Blue Cube Portable Cold Stores – part of The Turner Group – after renting the unit for several years. Scotbeef is one of the largest privately owned fresh [...]...
  • Kasih Food Revitalises Hummus Range For International Market Kasih Food Production Co, a leading food production company in Jordan, has unveiled a new range of hummus products in Tetra Pak packages. With the new Mézete brand product line, the company aims to increase its share of the hummus market, projected to reach US$1.1 billion globally by 2022, according to Market Research Future. That [...]...

European Business News – Week ending September 10, 2010

September 01
09:58 2010

The first signs that rising ingredient and other input costs for food manufacturers are starting to filter through to food retail prices were revealed in the UK during the week. According to the British Retail Consortium-Nielsen Price Index, food inflation is up to a 13-month high. However, it is still well below the double-digit food inflation of two years ago.

Paul Bulcke, chief executive of Nestle.

The vast scale and global reach, in both mature and emerging markets, and careful strategic planning, which have made Nestle the preeminent food producer in the world, have been clearly evident. In the past seven days, the behemoth’s French food service distribution company, Davigel Davifrais, was reported to be planning to invest Eur6m to construct a new 7,000 sq m warehouse at its site in Metz, while in Sri Lanka Nestle was further expanding its dairy operations, and in the US Nestle Purina PetCare was acquiring a dog snacks business.

Meanwhile, with Swiss precision, in Ukraine, Nestle was opening a new service centre to facilitate its continued expansion in the emerging markets of Central and Eastern Europe. The centre in the Ukrainian city of L’viv will provide financial and HR services support to more than 20 countries in the region such as Russia, Poland, Romania, Hungary and Bulgaria. It will be modeled on Nestle’s two other internal shared service centres that support the Latin American region and the Asia, Oceania, Middle East and South Africa region. The three centres are run by Nestle Business Services – an international unit under the Nestle umbrella that performs a standardised and cost-effective way of running financial and HR services.

Peter Lauritzen, chief executive of Arla Foods UK.

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, due to be operational in 2012, will also be the world’s first billion litre liquid milk dairy and will entail investment of over £150 million. Accounting for over a quarter of group sales, the UK is central to Arla Foods’ future development. Indeed, the UK is the Scandinavian dairy group’s single largest national market.

Although 2009 was a tough year for UK dairy processors, the market fundamentals remain sound and reflecting this confidence in the long-term outlook, capital investment projects worth over £330 million are currently ongoing or just recently completed within the industry.

Coca-Cola Hellenic, the largest bottler of Coca-Cola products based in Europe, has taken another step in its move to cut CO2 emissions by an average of 20% across all 80 of its bottling plants, with the opening of a new energy efficient factory in Northern Ireland. A feature of the €130 million facility, which employs 600 people, is a combined heat and power (CHP) system that will cut CO2 emissions at the plant by up to 66% while supplying excess clean electricity to the local power grid. The CHP plant is the fourth to be officially opened and another 11 are under development, as part of Coca-Cola Hellenic’s commitment to combating climate change.

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