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  • Fane Valley and ABP to Extend Joint Venture Arrangement Northern Ireland-based Fane Valley Co-op and ABP Food Group, the Irish and international meat processor, are to extend their joint venture relationship to include Linden Foods, the UK-based meat processing business of Fane Valley. The partnership will see Republic of Ireland-based ABP Food Group take a 50% stake in the Linden Foods company. An agreement in [...]...
  • Walsh Whiskey Distillery Agrees French Distribution Deal Walsh Whiskey Distillery, the independent Irish distillery, has signed an exclusive agreement with Dugas of Paris, for the distribution, throughout France, of its range of Writers’ Tears premium Irish whiskeys from the 1st September 2017. Established in 1980 by Francois-Xavier Dugas, the Dugas company is a renowned distributor of leading spirits with a particular emphasis on [...]...
  • IRI Launches New Growth Solutions Team to Unlock Opportunities for Manufacturers IRI, the global provider of big data and predictive analytics for FMCG manufacturers and retailers, has launched a new Growth Solutions team providing specialist assistance for manufacturers. The Growth Solutions team is being set up to support IRI’s clients across five specific focus areas: Media Strategy and Optimisation, Shopper Marketing Effectiveness, Price and Promotions, In-Store Activation [...]...
  • CROWN Food Europe Wins Gold Award in 29th DuPont Awards For Packaging Innovation CROWN Food Europe, a business unit of Crown Holdings, has been honored with a Gold Award in the 29th DuPont Awards for Packaging Innovation for its easy-open foil sealed can. The Peelfit™ can, which enhances convenience, lightweighting and product protection, was highlighted as a standout product in the ‘technological advancement’ and ‘responsible packaging’ categories of [...]...
  • Patak’s Paste Pots Unleash Indian Flavours Easily With Design by Hornall Anderson A new range of spice Paste Pots by Patak’s has launched into Morrison’s with contemporary packaging design by Hornall Anderson. To showcase the intense aromas and flavours generated by the paste pots and forge a sensory experience for the consumer, graphic squirls feature on the front of pack. Patak’s wanted to communicate the benefits of its [...]...
  • Ishida RVE Multihead Weighers Raise the Bar Ishida is launching a new series of mid-range multihead weighers for the high performance weighing of free-flowing and semi-sticky products for a large number of dry, fresh and frozen food applications. The new Ishida RVE range is available in a wide choice of models – including 10, 14, 16 and 20 head models – together with [...]...

Arla Foods Reveals Location For New £150 Million UK Dairy

  Arla Foods Reveals Location For New £150 Million UK Dairy

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, which is 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.
During the land search, […]

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Consolidation in Irish Consumer Foods Market

  Consolidation in Irish Consumer Foods Market

Origin Enterprises, the Irish agri-nutrition and food business, and private equity firm CapVest have joined forces to create Valeo Foods Group, a new Eur200m turnover Irish consumer foods company. Valeo Foods, in which Origin Enterprises is taking a 45% stake, is acquiring Origin Foods, Origin Enterprises’ Irish branded food business, for an enterprise value of […]

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Estrella Maarud Joins Savoury Snacks Industry Pledge

Estrella Maarud, a leading, Norwegian-owned manufacturer of savoury snacks for the Nordic and Baltic markets, has decided to join the advertising pledge recently launched by the European Snacks Association (ESA). In April, ESA announced its support for the EU Pledge, whereby member companies are committed to changing food and beverage advertising on TV, print and […]

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Barry Callebaut to Expand Production Capacity After Global Supply Agreement With Kraft

  Barry Callebaut to Expand Production Capacity After Global Supply Agreement With Kraft

Barry Callebaut, the world’s largest manufacturer of cocoa and chocolate products, and Kraft Foods, the world’s second largest food company and a global leader in confectionery, have signed a long-term global product agreement. Under the terms of the agreement, Barry Callebaut will deliver the majority of Kraft Foods cocoa products and industrial chocolate requirements around […]

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Nestle Continues Expansion in Central and Eastern Europe With New Service Centre in Ukraine

  Nestle Continues Expansion in Central and Eastern Europe With New Service Centre in Ukraine

Nestle is creating a new service centre in Ukraine to facilitate its continued expansion in the emerging markets of Central and Eastern Europe.
The world’s biggest food group will invest SFr25m (Eur19m ) over three years to establish the Shared Service Centre in the Ukrainian city of L’viv. The new facility will support more than 20 […]

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Coca-Cola Enterprises Sees Solid Growth Opportunities in Western Europe

  Coca-Cola Enterprises Sees Solid Growth Opportunities in Western Europe

Coca-Cola Enterprises, the world’s largest bottler of Coca-Cola products which will soon be focused purely on some of the largest but also most mature soft drinks markets in Western Europe, is optimistic about the long-term growth prospects for this territory. The group aims to achieve in currency neutral terms: revenue growth of 4% to 6%; […]

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UK Dairy Sector Responds to Carbon Footprinting Challenge

  UK Dairy Sector Responds to Carbon Footprinting Challenge

The first UK sector specific guidance for calculating the carbon footprint of all dairy products has been launched. Developed by Dairy UK, DairyCo and the Carbon Trust in collaboration with industry, the guidelines will be used by dairy processing companies to help them measure carbon emissions across their supply chain. As well as ensuring a […]

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Grupo Siro Opens €6m R&D Centre

Spanish food group Grupo Siro has opened a new Eur6m research and development facility at El Espinar in northern Spain. The 3,000 sq m facility, which will house a team of 30 researchers, will focus on new product development. It will also undertake contracts for other food manufacturers. Grupo Siro operates across five food categories […]

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Coca-Cola Hellenic Opens New €130m Irish Facility

  Coca-Cola Hellenic Opens New €130m Irish Facility

Coca-Cola Hellenic Bottling Company’s Irish business has officially opened a new energy efficient bottling plant, computerised warehouse, and community-focused visitors centre at Knockmore Hill, County Antrim, Northern Ireland. The €130 million facility employs 600 people and has the capacity to produce a wide range of non-alcoholic beverages for delivery throughout the entire island of Ireland.
The […]

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Foster’s Turns Down Offer for Wine Business

  Foster’s Turns Down Offer for Wine Business

Foster’s, the Australian brewer and wine maker, is reported to have rejected a cash offer of up to A$2.7b (£1.6b) from an unidentified international private equity firm for its troubled, global wine business, which it plans to demerge. The offer was spurned as undervaluing the wine business, which analysts have valued at more than A$3b.
However, the move […]

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Own Stores Decline Hits Thorntons

  Own Stores Decline Hits Thorntons

Reported pre-tax profit before exceptionals fell 2.4% to £6.1m on flat revenue of £214.6m for the year ended June 26th 2010 at Thorntons, the UK confectionery manufacturer and retailer, as sales through it own stores declined, particularly in the second half. Underlying profit before tax improved by 14.2% to £7.5m
In spite of the difficult trading […]

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Changing Consumer Preferences Undermine Profitability at Ukrainian Dairy Group

Ukrainian dairy business Ukrproduct Group has reported a 5.3% drop in year-on-year revenue to £20.7m for the first six months ended June 30th 2010, although the figure remained stable in local currency, and gross profit dropped 18% to £3.2m as price sensitive consumers moved down market. Gross profit from branded dairy products, which account for […]

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Highest British Food Inflation For a Year

Rising ingredients and input costs for food manufacturers are being reflected in a sudden rise in food retail prices but it is still a long way short of the hyper-inflation of 2008. According to the British Retail Consortium-Nielsen Price Index, food inflation increased to 3.8% in August from 2.5% in July, the highest since July […]

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William Grant Establishes Global Marketing Office in Dublin

  William Grant Establishes Global Marketing Office in Dublin

Premium spirits business and independent Scottish family distiller, William Grant & Sons, has established its new global marketing office in Dublin. Employing 17 people, this office will manage the entire global marketing operations for William Grant & Sons’ non-Scotch brands including Sailor Jerry, Hendrick’s Gin and the newly acquired Tullamore Dew Irish whiskey, and will […]

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New Head For Friesland Campina’s Ingredients Business

  New Head For Friesland Campina’s Ingredients Business

Owing to his retirement, Frans Visser will step down as a member of the executive board of Dutch dairy co-operative Royal FrieslandCampina and chief operating officer of the Ingredients business group on 31st December 2010. As of 1st November 2010, Roelof Joosten, currently managing director of FrieslandCampina Domo, is appointed executive director of the Ingredients […]

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Dogged Full Year Performance By Pernod Ricard

  Dogged Full Year Performance By Pernod Ricard

Pernod Ricard, the world’s second largest spirits and wine group, has reported a 1% increase in net profit to Eur951m on net sales down 2% to Eur7.08b for the 2009/10 financial year ended June 30th 2010. Organic sales growth was 2%, including a significant 9% upturn in the second half, but the results reflect negative […]

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Investment Funds Buy into APM in France

An 80% stake in L’Alsacienne de Pates Menageres (APM), the French manufacturer of ready-to-use dough for tarts, pizzas, cakes and cookies, has been sold to investment funds Capzanine and Cerea Capital for an undisclosed price. The Roposte family, who founded APM in 1994 and pioneered ready-to-use dough in France, have retained a 20% shareholding.
APM operates […]

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Nestle to Expand French Food Service Operation

Davigel Davifrais, Nestle’s French frozen and fresh food products distribution company, is reported to be planning to invest Eur6m to construct a new 7,000 sq m warehouse at its site in Metz. Employing 1,500 people and with annual sales of Eur438m, Davigel Davifrais is part of Nestle Professional and specialises in the serving the food […]

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Sodiaal’s Acquisition of Entremont Gains French Approval

  Sodiaal’s Acquisition of Entremont Gains French Approval

The French Competition Commission has approved dairy group Sodiaal’s acquisition of Entremont Alliance, the loss making French cheese producer. The deal will create the fourth largest dairy group in Europe with combined annual sales of more than Eur4b and processing over 5b litres of milk annually. Sodiaal still needs approval from the Belgian and Italian […]

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Emerging Markets Drive Heinz

  Emerging Markets Drive Heinz

Emerging markets such as China, India, Indonesia, Latin America and Russia are expected to deliver at least 20% of Heinz’s total sales by 2013, more than double their contribution of just five years ago, according to William Johnson, chief executive of the US-based global food group.
“Emerging markets are key to unlocking future growth because their […]

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Interim Profit Surges at Arla Foods But a Challenging Autumn Ahead

  Interim Profit Surges at Arla Foods But a Challenging Autumn Ahead

Increased prices in the global market, rising foreign exchange rates as well as strict control of costs have allowed Scandinavian dairy group Arla Foods to post a hugely increased profit of DKr697m (Eur93m) on a turnover of DKr23.8b for the first half of 2010, while still increasing the ongoing payment to its co-operative owners. This […]

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FrieslandCampina Doubles Interim Profit

  FrieslandCampina Doubles Interim Profit

Dutch dairy co-operative Royal FrieslandCampina has doubled profit to Eur156m, due to improved margins and volume growth, and increased revenue by 5.5% to Eur4.3b for the first half year of 2010, compared with the corresponding period last year. Revenue growth was driven by higher sales of consumer products in Asia and Africa, sales of basic […]

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First Half Improvement at Wimm-Bill-Dann Foods

Russian dairy, food and beverages group Wimm-Bill-Dann Foods increased net income by 7.1% year-on-year to US$69.5m on revenue up 17.1% to US$1.26b for the first six months ended June 30th 2010. EBITDA rose marginally to US$159.7m from US$158.3m in the same period of 2009.
The revenue increase was driven by volume growth in the group’s dairy, […]

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Solid First Half Profitable Growth By Kerry Group

  Solid First Half Profitable Growth By Kerry Group

Kerry Group, the global ingredients, flavours and consumer foods manufacturer, has achieved strong profitable growth in the first half of 2010 with trading profit up 12.9% to Eur204m and sales revenues increasing by 6.7% and 2.7% on a like-for-like basis to Eur2.4b. Profit before tax increased to Eur162m from the 2009 first half level of […]

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New Wine Trade Agreement Between EU and Australia

  New Wine Trade Agreement Between EU and Australia

A new agreement governing the Eur700 million wine trade between Australia and the European Union comes into force today (1st September 2010).
Replacing an earlier one signed in 1994, the new agreement safeguards the EU’s wine labelling regime, gives full protection to EU geographical indications, including for wines intended for export to third countries, and includes a […]

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Top Executive Leaves Nestle

  Top Executive Leaves Nestle

Richard Laube, executive vice president in charge of Nestle Nutrition, has decided to pursue personal opportunities outside Nestle and has left the company. During his five years at Nestle, Mr Laube first held the position of head of business development before taking up his responsibilities as head of Nestle Nutrition. Under his tenure, Nestle Nutrition […]

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Interim Profit Tumbles at Josef Manner

Josef Manner, one of Austria’s leading confectionary manufacturers, has reported a 2.4% fall in revenue to Eur72.1m for the first half of 2010. Net profit dropped to Eur1.27m compared to Eur1.84m for the corresponding period in 2009. However, the company’s performance improved markedly in the second quarter of 2010 following a weak first quarter. Family […]

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European Business News – Week ending September 10, 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 […]

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Solid First Half Performance By Emmi

  Solid First Half Performance By Emmi

Helped by rising international sales, Swiss dairy group Emmi has increased net profit by 21.5% to SFr39.9m (Eur31m) on sales down by 0.5% to SFr1.27b for the first half of 2010. The profit margin was 3.1 % and Emmi anticipates stable sales for the second half of the year, with the margin remaining at around […]

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Carlsberg to Close Swiss Brewery

  Carlsberg to Close Swiss Brewery

Global brewer Carlsberg will concentrate its beer production in Switzerland at its main brewery at Rheinfelden and its site in Fribourg will close down by June 2011. The move is part of the ongoing optimisation of the production network across the Carlsberg Group.
Volume is being transferred from Switzerland to the brewery in Obernai in France, […]

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Mixed Interim Results at Lotus Bakeries

Belgium-based biscuits and cakes manufacturer Lotus Bakeries increased current operating profit by 8.8% to Eur17.5m in the first half of 2010 as consolidated turnover edged up 1% to Eur127.2m. On a like-for-like basis, taking into account the termination of the Jaffa Cake bars contract with McVities, turnover for the first half of 2010 was up […]

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First Half Improvement But Bongrain Still Underperforming

Although Bongrain has significantly improved profitability and sales in the first half of 2010 compared to the corresponding period in 2009, the results are still below the French and international dairy group’s historic level of performance. Bongrain reported an increase in net profit from Eur13.2m to Eur37.3m in the first half of 2010 on net […]

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Greencore Completes Disposal of Dutch Convenience Food Business

  Greencore Completes Disposal of Dutch Convenience Food Business

Leading UK and Irish convenience food manufacturer Greencore Group has completed the sale of its Netherlands-based convenience foods business, Greencore Continental, to Convenience Foods Europe, a subsidiary of Parcom Buy Out Fund IV.
Greencore Continental supplies sandwiches, chilled pizzas and chilled sauces to customers based in Continental Europe. It operates from two facilities located at Liessel […]

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Findus Group Targets Growth in Nordic Region

  Findus Group Targets Growth in Nordic Region

Findus Group, one of Europe’s largest frozen food and seafood companies, has appointed Jari Latvanen, formerly with Nestle, to head its new, dedicated business unit covering the Nordic region. The Nordic business employs 800 people in Denmark, Finland and Sweden.
“Jari’s appointment will enable us to drive growth in the region, predominantly from share gains in […]

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Seabrook Crisps Plans New English Factory

  Seabrook Crisps Plans New English Factory

Seabrook Crisps, the north of England-based snacks manufacturer, is planning to build a new factory in the south of the country as part of its five year development plan to expand its geographical coverage and to increase sales to £200m by 2022. The family run company, which has increased turnover by 130% to £28m in […]

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Nestle to Invest SFr500 Million in Coffee Projects

In addition to the SFr200m (Eur150m) invested over the past ten years, Nestle will invest SFr500m in coffee projects by 2020. This includes an investment of SFr350m for the Nescafe Plan, which aims to bring under one umbrella Nestle’s commitments on coffee farming, production and consumption. The just launched Nescafe Plan contains a set of […]

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Interim Profits Jump at Ter Beke

The benefits of efficiency investments and continuous cost control have helped Ter Beke, the Belgian ready meals and processed meats manufacturer, to increase EBITDA by 22.2% to Eur19.6m in the first half of 2010. Group turnover increased by 3.1% to Eur197.4m as the ready meals and processed meats divisions both increased volume sales. Net profit […]

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European Business News – Week ending September 3, 2010

Three of Europe’s top ten dairy processors – Arla Foods, Royal FrieslandCampina and Bongrain – reported first half results in the past week. All showed major progress over the corresponding period in 2009 with Scandinavian co-operative Arla Foods and Dutch co-operative Royal FrieslandCampina both doubling profits. Although Bongrain of France significantly increased profitability and sales […]

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Nestle Opens Premium Chocolate Production Lines in Russia

  Nestle Opens Premium Chocolate Production Lines in Russia

To consolidate its operations in the Russian and Eurasia region, Nestle has opened two premium chocolate production lines. Creating 149 new jobs, the two production lines, which were transferred from the Tuchkovo factory in the Ruzsky district, Moscow, to the Confectionery Union Rossiya facility in Samara region, will produce Comilfo, the premium chocolate brand.
The transfer […]

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Global Dairy Markets Show Signs of Recovery

  Global Dairy Markets Show Signs of Recovery

Global dairy markets recovered somewhat unevenly in the first half of 2010. Commodity prices declined in the early months, stabilised in March and improved throughout the second quarter. Markets now appear to have peaked and are expected to trend lower in the second half, according to Glanbia, the Irish and international nutritional ingredients and cheese […]

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Decrease in UK Food Safety Training a ‘Ticking Time Bomb

UK Food businesses are cutting back on food safety and hygiene training, according to a survey conducted by the Chartered Institute of Environmental Health (CIEH).The survey, which took place in the second week of August was sent out to 5000 food safety trainers and training centres.
Around 50% of trainers thought the uptake of food safety […]

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Board Appointment at Diageo

Diageo has appointed Lord Mervyn Davies of Abersoch to its board effective from 1st September 2010. He becomes a non-executive director and his responsibilities will include membership of the audit, the nomination and the remuneration committees.
Lord Davies was previously Minister for Trade, Investment and Small Business for the UK Government between January 2009 and May […]

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Stronger Second Half Performance Drives Growth at Diageo

  Stronger Second Half Performance Drives Growth at Diageo

A stronger second half performance has helped global alcoholic drinks giant Diageo to increase reported operating profit by 6.5% to £2.574b, aied by exchange rate movement, for the year ended June 30th 2010 as gains in developing international markets offset declines in the mature markets of North America and Europe. On a reported basis, net […]

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Nestle Completes Disposal of Alcon

  Nestle Completes Disposal of Alcon

Nestle has completed the sale of its remaining 52% stake in Alcon, the global eye care business, to Novartis for $28.3b.
Nestle acquired Alcon in 1977 for $280m. Over the years, Nestle supported Alcon’s R&D drive and international expansion, enabling the company to build a significant global leadership position in ophthalmology.
Paul Bulcke, chief executive of Nestle.
Taking […]

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European Organic Food Market Continues to Grow

  European Organic Food Market Continues to Grow

EU-27 demand for organic products continues to grow. The European organic consumer market is the biggest in the world, and was worth about $26b in 2008. The largest markets are in descending order Germany, France, the UK and Italy as they represent 72% of European organic sales. The highest market share and sales per person […]

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Mixed Views on UK Minimum Pricing For Alcohol Proposal

Last week British Prime Minister David Cameron backed councils across the country in their plans to implement a minimum price for alcohol. However, new data from YouGov SixthSense reveals that the public are undecided in their support for the proposal, which includes a law that each unit of alcohol must cost at least 50p.
47% of […]

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Good Performance From Glanbia as Irish Business Returns to Profit

  Good Performance From Glanbia as Irish Business Returns to Profit

John Moloney, group managing director of Glanbia.
Glanbia, the international nutritional ingredients and cheese group, has delivered strong top line revenue, profit and margin growth for the six months ended July 3rd 2010 as its Irish dairy ingredients business was restored to profit. Group profit before tax increased 58.4% to Eur60.2m on revenue up 9.7% to […]

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Strong Showing From Heineken

  Strong Showing From Heineken

Global brewer Heineken has produced a strong first half performance but remains cautious on the development of beer consumption in Europe and the US due to continued weak consumer spending and planned austerity measures across many countries. Heineken reported a 42% jump in net profit to Eur695 million, partly due to positive exceptional items, on […]

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Lactalis Acquisition of Puleva Dairy Cleared

  Lactalis Acquisition of Puleva Dairy Cleared

The European Commission has cleared the proposed acquisition by the French group Lactalis of Spanish group Ebro Puleva’s dairy business. The Commission concluded that the transaction would not significantly impede effective competition in Europe or Spain.
Lactalis manufactures and sells milk and dairy products, including a wide range of cheese, desserts and cream, in roughly 150 […]

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Northumberland Foods Goes Out of Business

English frozen vegetable producer Northumberland Foods has ceased trading with the loss of 250 jobs. The Morpeth-based company recently entered administration and a suitable buyer for the business could not be found following the eleventh hour collapse of a potential sale.

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