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  • Zero Alcohol Drinks Growing 10% a Year in Europe A new report from Zenith Global on European Zero Alcohol Drinks forecasts sales growth of almost 10% a year over the next five years. Zenith Global estimates the European market at €5.9 billion in 2018. This would take 2023 value to €9.3 billion. “The United Kingdom is expected to achieve the highest growth rate at 30% [...]...
  • CO2 Refrigeration System For BrewDog’s Eurocentral Warehouse Star Refrigeration has been commissioned a second time to work with Scottish multinational craft beer company BrewDog as it continues to expand. The cold storage and distribution specialists successfully delivered an eco-friendly, cost effective solution for Europe’s first fully refrigerated beer warehouse. Having recently acquired the brand new Eurocentral warehouse in Motherwell, BrewDog commissioned Star to [...]...
  • ABF to Enter Joint Venture in China Associated British Foods and Yihai Kerry Arawana Holdings, a subsidiary of Wilmar International, are to form a 50:50 joint venture in China for the manufacture, sale and distribution of yeast and bakery ingredients. The joint venture will acquire existing Chinese yeast and bakery ingredients activities of AB Mauri, a division of ABF, and will leverage [...]...
  • Premium Products and Value Prices a Hit With Irish Grocery Shoppers The latest figures from Kantar show that overall the Irish grocery market grew by 4.2% over the 12 weeks to 19 May 2019, with Dunnes Stores holding off the challenge of Tesco and retaining pole position. Respective growth of 12.6% and 5.9% for Aldi and Lidl means that the retailers’ combined grocery market share stands [...]...
  • Lactalis Expands in Italy Lactalis Group is strengthening its position within the Italian dairy industry by acquiring cheese maker Nuova Castelli for an undisclosed sum. Operating 13 production sites in Italy and three abroad – in Poland, Hungary and the US – Nuova Castelli specialises in the production and distribution of AOC cheese such as Parmigiano Reggiano, Mozzarella di [...]...

The Future of the $7 Billion International Weight Management Market

  The Future of the $7 Billion International Weight Management Market

The international weight management market was worth an estimated $7.3b in 2009, and it is set to grow year-on-year at between 6-8% for the next 5 years, according to Leatherhead Food Research.
Weight management has been reincarnated in various forms throughout the food and drink industry over the years. The direction of the industry is shifting […]

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Diageo Strengthens Brewing Business

  Diageo Strengthens Brewing Business

Diageo has strengthened its beer business in emerging markets after its East African Breweries subsidiary acquired a 51% stake in rival Tanzanian brewer Serengeti Breweries for $60.4m (£38.1m). The deal strengthens East African’s distribution in Kenya and Uganda.
Meanwhile, speculation has heightened that Diageo is considering a move to purchase the 66% of Moet Hennessy, the […]

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Poultry Price Rises Inevitable

Expectation of a dramatic shortfall in world feed grain harvests, coupled with US Government upping the level of corn-based ethanol in petrol, has sent corn and wheat prices soaring higher again, and with it the production costs of poultry and other grain based livestock and foods. “The cost hikes are so large that they cannot […]

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Bonduelle Opens First Plant in Brazil

French and international vegetables processor Bonduelle has opened its first factory in Brazil. Based in the state of Goias, the new plant is catering to a large and growing canned-vegetables market and  was designed for year round operation in high-altitude, tropical conditions. Representing investment of Eur15m, the Brazilian factory employs 80 people and has an […]

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Danone Completes Russian Dairy Deal

  Danone Completes Russian Dairy Deal

Danone has finalised the sale of its 18.4% stake in Wimm Bill Dann Foods, the Russian dairy and food group for $470m. Danone has held the stake since Wimm Bill Dann Foods’ IPO in 2002.
The closing of the transaction was subject to the grant of the required regulatory approvals for the merger of Danone’s fresh […]

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United Biscuits Sale Talks Close to Collapse

  United Biscuits Sale Talks Close to Collapse

The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese food conglomerate Bright Food Group are reported to have stalled over the asking price of around £2b. United Biscuits was put up for sale earlier this year by its private equity owners Blackstone Group and […]

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Lamb Weston/Meijer’s Austrian Acquisition Approved

  Lamb Weston/Meijer’s Austrian Acquisition Approved

The European Commission has cleared the proposed acquisition of a 74% controlling stake in Frisch & Frost (F&F), a producer of frozen and chilled products in Austria, by Dutch company Lamb Weston/Meijer. Currently, F&F is solely owned by Austrian company RWA International Holding, an international trading and services organisation that sells agricultural products and commodities […]

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Florette to Open Production Facility in Gran Canaria

  Florette to Open Production Facility in Gran Canaria

French fresh salads producer Florette is reported to be preparing to commence production on the Spanish island of Gran Canaria. Florette’s newly constructed facility will have the capacity to produce 2m bags of salad per annum and is due to commence operations in December.

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UK Consumers Balk at High Cost of Organic Food

  UK Consumers Balk at High Cost of Organic Food

Cost remains a strong deterrent against the purchase of organic goods for UK consumers, a new report from YouGov SixthSense reveals. In the same report it is shown that a significant number (13%) of UK consumers will only buy organic foods if they are locally sourced.
58% of UK consumers who avoid purchasing organic foods do […]

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Arla Foods UK to Expand Cravendale Milk Capacity

  Arla Foods UK to Expand Cravendale Milk Capacity

Arla Foods UK, the British arm of Scandinavian dairy co-operative Arla Foods, is investing £6.7m in a new bottle blowmoulding machine to increase production of its Cravendale milk brand at its production facility at Stourton in Leeds. When operational in March 2011, the new blowmoulder, which will supplement two existing machines, will expand milk production […]

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PepsiCo Plans to Revolutionise its Farming with New i-crop Technology

  PepsiCo Plans to Revolutionise its Farming with New i-crop Technology

PepsiCo plans to roll-out globally its new i-crop farming technology that will enable the soft drinks and snacks group’s farmers around the world to monitor, manage and reduce their water use and carbon emissions, while also maximizing potential yield and quality. The web-based crop management system was developed by PepsiCo in conjunction with Cambridge University […]

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New Limited Edition Absolut Vodka

  New Limited Edition Absolut Vodka

Pernod Ricard has unveiled its new limited edition Absolut vodka – Absolute Glimmer. The new product features a highly innovative glass bottle, produced and decorated in-line at Ardagh’s Limmared plant in Sweden.
Ardagh worked closely with Pernod Ricard to create a completely new appearance and texture for the iconic brand’s bottle. Previous limited editions, produced and […]

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Puratos Invests €21m in Sourdough Production

Puratos, an international group of Belgian origin specialising in the manufacture of raw materials for bakers, pastry chefs and chocolatiers, has just launched a new production unit for natural sourdoughs. Located at the group’s Andenne site in Belgium, it represents an investment of Eur21m.
The aim of the new facility is to accurately reproduce, on an industrial scale, […]

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Nestle On Track to Meet Full Year Expectations

  Nestle On Track to Meet Full Year Expectations

Nestle remains on track to deliver on its earlier forecast of full-year organic growth of around 5% combined with an EBIT margin increase in constant currencies in its food and beverages business. The Swiss company has reported group sales of SFr 82.8b, consisting of 6.1% organic growth, including 4.5% real internal growth, for the first […]

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Welsh Dairy Industry Set For Greener Future

  Welsh Dairy Industry Set For Greener Future

Welsh dairy farmers, processors, and retailers have reached an ambitious agreement to further reduce the environmental impact of milk and dairy products. The Welsh dairy industry has published a ‘Dairy Roadmap for Wales’, which clearly sets out targets for reducing the industry’s environmental footprint over the next ten years.
The document builds upon the work already […]

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Emmi Completes Extension of Cheese Ageing Cave

  Emmi Completes Extension of Cheese Ageing Cave

Swiss dairy company Emmi has completed the extension of its cheese-ageing cave in Kalthbach in response to growing demand for Kaltbach cheese specialities in Switzerland and abroad. Over the last two years the facility has been extended by 1,300 metres. Some 1,800 tonnes of Kaltbach cheese were sold in 2009 with 38% on the home […]

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ODW Frischprodukte Buys FrieslandCampina German Site

German dairy company, ODW Frischprodukte, a subsidiary of Odenwald Fruchte, is acquiring the FrieslandCampina site at Elsterwerda in Germany. In addition to the land and buildings, ODW Frischprodukte will also purchase part of the equipment for the production of yoghurt and desserts.
Part of the agreement between the two companies is that a number of FrieslandCampina […]

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Ebro Foods to Expand International Rice Business

Spanish food group Ebro Foods is in negotiations to acquire Australian rice producer SunRice for an enterprise value of A$600m (Eur425m). Based in New South Wales and listed on the Australian Stock Exchange, SunRice sells approximately 500,000 tons per annum of branded rice foods principally through the retail channel and has leading positions in its […]

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PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

  PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

Global soft drinks and snacks giant PepsiCo plans to invest $140m to build its tenth plant in Russia. The new plant will be constructed in the city of Azov, where the company recently completed a snacks plant.
Indra Nooyi, chairman and chief executive of PepsiCo.
Both plants in Azov are part of PepsiCo’s $1b investment programme in […]

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Acquisitions Lift C&C Group as Magners Returns to Growth

  Acquisitions Lift C&C Group as Magners Returns to Growth

Reflecting the impact of acquisitions and a return to volume growth of its Magners brand in Great Britain for the first time since 2007, Irish cider producer C&C Group has reported a 29.4% increase in operating profit from continuing operations to Eur63.4m for the six months ended 31st August 2010 on net revenue up 73% […]

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Rising UK Sales of Pies and Pasties

  Rising UK Sales of Pies and Pasties

UK sales of pies and pasties are thriving and by 2012 will be worth over £1 billion, according to the latest research from Mintel. Valued at £941 million in 2009, sales are forecast to rise to £962 million by the end of the year. In addition, between 2008 and 2009, sales of pies and pasties […]

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Tangerine Confectionery Could be For Sale

  Tangerine Confectionery Could be For Sale

Tangerine Confectionery, which is owned by private equity firm Growth Capital Partners, has called in investment bank NM Rothschild to advise it on options for raising capital, raising the prospect that the UK-based sugar confectionery business could be sold off. “Five years ago we were planning for a stock market listing around now, but we […]

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Uniq to be 90% Owned By Pension Scheme

Uniq has proposed a solution to its £436m legacy pension deficit which would involve the company’s Pension Scheme becoming the majority shareholder in the UK chilled convenience food processor with a 90% shareholding. The Trustee of the Uniq Pension Scheme and the company have concluded that the most appropriate solution would be to seek approval […]

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Thermo Fisher Scientific Announces Same Day Results for Environmental Listeria with DuPont Qualicon BAX® System Listeria Assay

  Thermo Fisher Scientific Announces Same Day Results for Environmental Listeria with   DuPont Qualicon BAX® System Listeria Assay

First commercially available food microbiology assay to accurately detect Listeria species in
environmental samples in just 8 hours
Thermo Fisher Scientific, the world leader in serving science, has announced that the DuPont Qualicon BAX® System Reverse Transcriptase 8-hour Listeria Assay is now available alongside the Oxoid range in Europe, Canada, Australia and New Zealand. The assay allows […]

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Sainsbury’s Spar and IGD amongst VIP speakers at Irish Retail seminar

  Sainsbury’s Spar and IGD amongst VIP speakers at Irish Retail seminar

Irish producers and manufacturers attending the first in a series of retail seminars entitled ‘Breaking into UK Retail’ on Thursday 9th September at the Marriott Hotel in Ashbourne Co. Meath, have hailed it a complete success.
Speakers at the event included: David McMahon from Sainsbury’s buying team, Blanche Armstrong from Sainsbury’s supply chain, Steve Blackmore SPAR […]

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Diageo Opens First Scotch Malt Whisky Distillery of Scale in Over 30 Years

  Diageo Opens First Scotch Malt Whisky Distillery of Scale in Over 30 Years

Diageo, the world’s leading premium drinks company, has opened the doors of its new £40 million distillery in Speyside, Scotland. The Roseisle distillery is the first malt distillery of scale to be opened in Scotland in over 30 years and has been built in response to the high demand for Scotch whisky brands such as […]

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Bakery and Retail Expansion Plans on Track at Greggs

  Bakery and Retail Expansion Plans on Track at Greggs

Greggs, the UK’s largest retail baker, has reported that its expansion programme remains firmly on track, with a net 32 new shops opened in the year to date, giving it a total of 1,451 shops at 2nd October 2010. The group now expects total net new shops for the year as a whole to be […]

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Cutting Energy and Carbon Usage in the UK Food Industry

  Cutting Energy and Carbon Usage in the UK Food Industry

Baking bread in lighter tins, cleaning pipes with ice instead of hot water, and using microwaves to dry fruit gums and jellies: these are just some of the ideas being explored by the Carbon Trust and food industry leaders to cut energy use and carbon emissions at UK manufacturing sites.
Over the last year, the Carbon […]

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Bacardi Completes First Phase of $250 Million Investment in Scotch Whisky Production

  Bacardi Completes First Phase of $250 Million Investment in Scotch Whisky Production

Bacardi, the largest privately held spirits company in the world, has completed the initial phase of its $250m investment in Scotch whisky production. The investment is to meet growing demand for the group’s portfolio of Dewar’s Scotch whiskies.
Bacardi acquired the Dewar’s brand in 1998. Bacardi, through its John Dewar & Sons subsidiary, employs 300 people […]

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Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

  Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

Kraft Foods has opened a European Gum and Candy Research & Development Centre at Eysins in Switzerland. The $14m state-of-the-art facility will focus on innovation and new product development for many of Kraft Foods’ confectionery brands, including the world’s leading gum brand Trident and the world’s leading candy brand Halls, as well as other brands […]

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Coca-Cola Retains Position as World’s Most Valuable Brand

  Coca-Cola Retains Position as World’s Most Valuable Brand

Coca-Cola has retained its leadership of Interbrand’s 11th annual ranking of the ‘Best Global Brands’ beating off competition from the likes of IBM, Microsoft and Google. This is the eleventh consecutive year that Coca-Cola has earned the distinction of being the world’s most valuable brand. Coca-Cola was valued by Interbrand at $70.45b, up 2% on […]

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£6m Restructuring at Northern Foods

  £6m Restructuring at Northern Foods

UK convenience food manufacturer Northern Foods has announced a new organisational structure to manage the business through two divisions – Branded and Chilled. The Branded division will comprise Goodfella’s Pizza, McDougalls and Holland’s Pies, Fox’s Biscuits and Matthew Walker Puddings. The Chilled division will combine sandwiches and salads with ready meals and the group’s British […]

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Premier Foods Receives Approaches for Meat Free Business

  Premier Foods Receives Approaches for Meat Free Business

Premier Foods, the UK’s largest domestic food processor, has received approaches that may or may not lead to a sale of its meat free business, including the Quorn brand. The disposal of the business, which analysts estimate to be worth between £200m and £250m, would help Premier reduce its debt burden following a series of […]

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Profit Jump at Weetabix

  Profit Jump at Weetabix

Helped by rising sales of cereal bars and retailer own label products, UK breakfast cereals manufacturer Weetabix has increased pre-tax profit by 26% to £97.2m for 2009 on turnover up slightly to £322m, despite the almost unprecedented trading conditions throughout the year.
Sales of the Weetabix brand slipped during the year due partly to the launch […]

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Coca-Cola Enterprises Now Refocused on Europe

  Coca-Cola Enterprises Now Refocused on Europe

Having just completed the disposal of its North American bottling business to The Coca Cola Company, Coca-Cola Enterprises is now focused purely on Europe where it generates annual sales of $7.3 billion, operates 18 manufacturing facilities and employs 13,000 people. Coca-Cola Enterprises is the sole licensed bottler for Coca-Cola products in Belgium, continental France, Great […]

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Strong Performance by William Grant & Sons

  Strong Performance by William Grant & Sons

Independent Scotch whisky and spirits distiller William Grant & Sons has increased operating profit by 8.8% to £103.6m on turnover up 40.1% to £838.3m for its 2009 financial year. Pre-tax profit dropped from £129m to £114m but this was chiefly due to one-off gains in the previous year resulting from the restructuring of the Maxxium […]

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Carlsberg Signs New Credit Facility of €1.75b

  Carlsberg Signs New Credit Facility of €1.75b

Carlsberg Breweries has entered into a new five-year multi-currency revolving credit facility of Eur1.75b. The facility is for general corporate purposes as well as partial refinancing and cancellation of the Scottish & Newcastle acquisition facilities from October 2007.
With this new credit facility in place, Carlsberg has extended the maturity profile of its bank commitments and […]

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New First Milk Creamery Moves a Step Closer

  New First Milk Creamery Moves a Step Closer

First Milk’s plans to build a state-of-the-art creamery at Campbeltown in Scotland have moved a step forward after Argyll & Bute Council approved a planning proposal for a new Tesco store. The Tesco store will be built on the site of First Milk’s existing creamery at Campbeltown, allowing the UK dairy farmers’ co-operate to relocate […]

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Ter Beke and Stefano Toselli to Create Joint Venure in Central and Eastern Europe

Ter Beke, the Belgium-based processed meats and ready meals company, and French pasta manufacturer Stefano Toselli are considering forming a joint venture for supplying pasta and ready meals to Central and Eastern Europe.
The two companies have agreed to investigate the opportunity to develop a chilled lasagne and pasta meals business in Central and Eastern Europe. […]

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Aryzta Raises €240m to Fund Acquisition

Swiss and international speciality bakery group Aryzta has successfully raised SFr325m (Eur242m) to principally fund the acquisition of the remaining 50% share of its Maidstone Bakery joint venture in North America held by Tim Hortons, as announced in August 2010. The funds have been raised by a hybrid instrument, which will qualify as equity under […]

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European Business News – Week ending October 1, 2010

Famous for its R&D capability and global reach, Nestle is taking a lead in combining food science with that of the pharmaceutical industry. The creation of Nestle Health Science and the Nestle Institute of Health Sciences will take the concept of functional foods and ‘nutrition, health and wellness’ to a new level. Nestle’s aspiration is […]

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Early Recovery in UK Food and Beverages to Boost M&A Activity

  Early Recovery in UK Food and Beverages to Boost M&A Activity

69% of senior executives at UK-based food and beverage producers expect M&A activity to increase in the next 12 months, according to a report by Grant Thornton UK LLP which indicates that the sector has recovered early from recession. 20% (10 of the 50 respondents) said that they were planning to broker a merger or […]

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Muller Increases Stake in Dairy Crest

  Muller Increases Stake in Dairy Crest

Theo Muller, the privately owned German-based dairy group which is also the leader in the UK yoghurt market, has increased its stake in British dairy group Dairy Crest to 3.04%. The move has sparked speculation that Dairy Crest may become a bid target. Dairy Crest would carry a price tag of about £1b, according to […]

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Unilever to Sell UK Ambient Sauce Brands

Unilever is reported to be seeking to dispose of its Ragu and Chicken Tonight ambient sauce brands in the UK and Ireland to trade or private equity buyers. The move follows a regular review of the brands’ market performances.
The combined brands could attract bids worth up to £40m. Unilever will retain the Ragu brand business […]

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Finsbury Food Group Shows Resilience

  Finsbury Food Group Shows Resilience

Despite a declining turnover as customers moved away from the premium products that had been its traditional area of strength, Finsbury Food Group managed to deliver growth in key areas, increase profitability and restructure the business to achieve operational efficiencies during the year ended July 3rd 2010. Revenue at the UK cakes, bread and morning […]

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Change of Leadership at Campbell

Douglas Conant, will step down as chief executive of Campbell Soup Company next July, at the end of the company’s financial year. Denise Morrison, president of Campbell’s North American soup, sauces and beverages business, has been appointed executive vice president and chief operating Officer in anticipation of her election to succeed Douglas Conant as chief […]

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Pret A Manger Moves to 100% Higher Welfare British Chicken

  Pret A Manger Moves to 100% Higher Welfare British Chicken

Pret A Manger, the UK’s leading independent retailer of premium sandwiches, has become the first UK high street cafe brand to take all of its chicken from higher welfare sources supplied by British farms. The move applies across all 208 UK stores.
The higher welfare chickens, which are reared in Suffolk, enjoy 20% more space than […]

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Dairy Crest Extends Milk Contract With Morrisons

UK dairy group Dairy Crest has renewed its fresh liquid milk contract with retailer Morrisons through to 2015. “We are delighted to have been awarded this extension to our contract with Morrisons,” says Toby Brinsmead, managing director of Dairy Crest’s liquid products business. “We believe our clear focus on quality, service and cost puts us […]

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Positive First Half Performance by AG Barr

  Positive First Half Performance by AG Barr

British soft drinks group AG Barr has increased turnover by 13.9% to £119.2m in the first half ended July 31st last, as its core brands Irn-Bru, Rubicon and Barr all performed significantly ahead of the total soft drinks market. Profit before tax, excluding exceptional items, increased by 18.8% to £16.0m.
The UK soft drinks market grew […]

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