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  • Pernod Ricard to Acquire Super-premium Italian Gin Brand Pernod Ricard is acquiring Italian super-premium gin brand Malfy from Biggar & Leith for an undisclosed price. Malfy is a range of super-premium gins distilled by the Vergnano family in the Italian region of Moncalieri, and already present in several international markets such as the United States, United Kingdom and Germany. Each gin in the [...]...
  • Nestlé and Carrefour Give Consumers Access to Blockchain Platform Nestlé and Carrefour, the French retail group, have announced that they are giving consumers access to blockchain data for Mousline purée in France. This is the first time that Nestlé is sharing information on its products with consumers via a blockchain platform. Consumers can use their smartphone or other device to scan a QR code on [...]...
  • Plastics Action Alliance Sets Targets to Achieve Sustainable Reduction in Use of Plastic in Ireland Plastics Action Alliance, the recently formed group that comprises of 11 leading agricultural processing and food businesses in Ireland, has set out its key objectives. The industry leading group aims to significantly reducing the use of plastic packaging across its members’ operations. Formed at the end of 2018, the Plastics Action Alliance is a collaboration that [...]...
  • Carlsberg UK Gets Honest About Its Beer Carlsberg UK has launched its most ambitious and honest consumer facing campaign ever in a bid to drive reappraisal of its flagship beer brand. Expected to reach 97% of the UK, the £20 million campaign conceived in collaboration with agency partners Fold7, Clifford French and Initiative – trades on the equity of the brand’s renowned [...]...
  • Alternative Proteins Challenge Dairy Dominance The value of the sports nutrition market is set to grow by around 8% per year to reach over US$17 billion globally in 2021, according to Innova Market Insights’ forecasts. The mainstreaming of the market has led to a surge in interest in plant-based alternatives with the traditional dominance of whey and other dairy proteins [...]...

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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Emmi Strengthens US Cheese Business

  Emmi Strengthens US Cheese Business

Swiss cheese producer Emmi has expanded its international business with the acquisition of US cheese specialist Cypress Grove Chevre. Based in California, Cypress Grove is well known in the US for fresh and ripened premium goat’s cheese specialties. Emmi has also increased its stake in New York-based CASP (Contract Aseptic & Specialty Packaging) to 100%. […]

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Efes Breweries Shows Improvement in Russia

  Efes Breweries Shows Improvement in Russia

Despite the continued adverse economic climate and the significant excise tax increase in Russia, one of its key markets, Efes Breweries International, which operates in the Commonwealth of Independent States (CIS), Eastern Europe and the Balkans, has reported higher volumes, revenues and EBITDA in the first half to June 30th 2010, marked by a major […]

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Approval For Vion’s Proposed Acquisition of Weyl

  Approval For Vion’s Proposed Acquisition of Weyl

The European Commission has cleared the proposed acquisition of Weyl by Vion, two Dutch producers of meat products. The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.
Weyl is an international beef and calf processing company in bankruptcy. Weyl was founded […]

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Danone Purchases French Smoothie Maker

Danone has acquired Immedia, the third largest smoothie manufacturer in France, for an undisclosed sum. Immedia generated sales of Eur4m last year.

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Lindt & Sprüngli continues dynamics of long-term success

  Lindt & Sprüngli continues dynamics of long-term success

Lindt & Sprüngli continues its dynamics of long-term success of the previous years in terms of growth and profit after the transitional year 2009. Consumer sentiment improved slightly as the global economy slowly stabilized and showed the first visible signs of an upswing. Although most chocolate markets reported moderate growth in value terms over the […]

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Mitchells & Butlers announces the proposed disposal of 333 Non-Core Pubs for a cash consideration of £373m to Stonegate Pub Company Limited

  Mitchells & Butlers announces the proposed disposal of 333 Non-Core Pubs for a cash consideration of £373m to Stonegate Pub Company Limited

Mitchells & Butlers announces the proposed disposal of 333 Non-Core Pubs for a cash consideration of £373m to Stonegate Pub Company Limited, a company controlled by TDR Capital LLP. 
The disposal is in line with Mitchells & Butlers’ strategy to withdraw from the lower price, drinks-led market and the late night high street bars and venues […]

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Synergy Widens International Reach

  Synergy Widens International Reach

Synergy, one of the leading distilled spirits producers in Russia, has signed distribution agreements for exports of Beluga vodka to Iraq, Vietnam and India, the growing vodka markets in Middle East and Asia and strengthen brand visibility in the European Duty Free by signing a distribution agreement with one of the world’s leading duty free […]

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SABMiller Interested in Foster’s

  SABMiller Interested in Foster’s

SABMiller, the world’s second biggest brewer, is reported to be considering launching a £7b bid for the beer business of Foster’s, the Australian brewer and wine producer. Carlton & United Brewers, Foster’s beer operation, produces Victoria Bitter and Foster’s lager.
A successful bid by SABMiller would make it the biggest brewer in Australia and strengthen its […]

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Dairy Farmers to Increase Stake in Arla Foods UK

  Dairy Farmers to Increase Stake in Arla Foods UK

Arla Foods Milk Partnership, the British farmers group which supplies milk to dairy processor Arla Foods UK, is considering increasing its investment in the dairy processor. A final decision will be made following dialogue with farmer members of AFMP, in September 2010. Meanwhile, Arla Foods has confirmed that it will invest over £150m in a […]

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Campbell Considering Bid For United Biscuits

  Campbell Considering Bid For United Biscuits

US-based Campbell, the world’s largest soup company, is reported to be preparing a £1.5b break-up bid for United Biscuits, the British and international biscuits and snacks manufacturer. Campbell’s interest is in the biscuits part of United Biscuits, which includes the McVitie’s, Penguin, Jaffa Cakes and HobNobs brands. United Biscuits is also a major snacks manufacturer […]

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New insights from Danisco on xylanases

  New insights from Danisco on xylanases

Key papers from Danisco Animal Nutrition at the XIII European Poultry Conference, 23-27 August 2010, Tours, France, will be focusing on factors enhancing the response to xylanase in modern poultry diets.
Data to be presented include effects of xylanase source and grain hardness of wheat on response to xylanase in broiler diets. There will also be […]

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Cargill smallholder scheme receives RSPO sustainability certification

  Cargill smallholder scheme receives RSPO sustainability certification

Smallholders at Cargill’s oil palm plantation, PT. Hindoli in South Sumatra, Indonesia, have received Roundtable on Sustainable Palm Oil (RSPO) certification. This is the world’s first smallholder scheme to become certified under the RSPO’s Smallholder Principles & Criteria and is also another important milestone in Cargill’s commitment to producing palm oil in an environmentally sustainable […]

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Continued good improvement of volumes and operating profit for AAK

  Continued good improvement of volumes and operating profit for AAK

The positive development of volumes and operating profit for AarhusKarlshamn AB continued during the second quarter of 2010 compared with the corresponding quarter in 2009. Total volumes improved by 5 percent and operating profit improved by 12 percent to SEK 164 million (146). For comparable units (adjusted for divestments) and fixed exchange rates the operating […]

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European Business News – Week ending August 27, 2010

Brewing and dairy were prominent within the European food and drink
industry during the past week. International brewers Heineken and Efes
Breweries, despite its exposure to the troubled Russian beer market,
both produced solid first half performances. However, the beer market
in Europe is likely to remain weak due to constrained consumer
spending and planned austerity measures across many countries.
The […]

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Super whisky biofuel to power cars

  Super whisky biofuel to power cars

Topping up at the petrol pump is about to take an intriguing twist thanks to a new super biofuel made from whisky by-products. Edinburgh Napier University has filed a patent for the new biofuel, which can be used in ordinary cars without any special adaptions. The innovative fuel process has been developed over the last two years […]

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Symrise enters second half 2010 backed by strong earnings and profitability growth

  Symrise enters second half 2010 backed by strong earnings and profitability growth

Symrise AG looks back on a successful first half with significantly higher sales and profitability. In the first six months of the Fiscal Year 2010, Group sales rose 16.4 %, or 13.9 % at local currency. Symrise benefited in particular from the global economic recovery, an increase in new orders, the innovative products in the […]

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Graham Packaging’s U.K. Subsidiary and StarBrands Unveil New PET Packaging for ‘Sqezy’

  Graham Packaging’s U.K. Subsidiary and StarBrands Unveil New PET Packaging for ‘Sqezy’

Graham Packaging Company Inc.’s subsidiary in the United Kingdom, Graham Packaging Plastics Chalgrove, has teamed up with StarBrands Ltd. to unveil new PET packaging aimed at helping to revitalize the sales of Sqezy wash-up liquid. The historic brand, which popularized the phrase “Easy peasy lemon sqezy,” is being transformed under the ownership of StarBrands and […]

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Limited edition ranges launch just in Slime for a Spooky Halloween

  Limited edition ranges launch just in Slime for a Spooky Halloween

To help retailers capitalise on the extra sales opportunities at Halloween, McVitie’s Cake Company, part of United Biscuits UK, is launching two seasonal limited edition variants, McVitie’s Jaffa Cakes Lemon and Slime Cake Bars and Jaffa Cakes Spooky Mini Rolls.
Available to buy in a packs of five Cake Bars with an MRRP of £1.49, the […]

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Keeping the Northern Ireland Dairy Industry Competitive

  Keeping the Northern Ireland Dairy Industry Competitive

Northern Ireland’s dairy industry must aim for greater supply chain co-operation, more efficient farms and more added value products, according to a competitiveness study just published. The ‘Northern Ireland Dairy Industry Competitiveness Study’, which was undertaken by Promar International and jointly funded by the industry, DARDNI, and Invest NI, has been welcomed by Dairy UK […]

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Cott completes Cliffstar acquisition

  Cott completes Cliffstar acquisition

Cott Corporation announced today that it has completed its previously announced acquisition of substantially all of the assets and liabilities of Cliffstar Corporation and its affiliated companies for U.S. $500 million in cash, subject to adjustments for working capital, indebtedness and certain expenses. Cliffstar is entitled to additional contingent earnout consideration of up to a […]

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It’s official: the start of the English apple season is upon us

  It’s official: the start of the English apple season is upon us

Whilst there are question marks as to whether the end of the summer is nigh it is with certainty that Waitrose announce the start of the English apple season. The first crop of Discovery apples hit branches on Wednesday 18th and their arrival signifies what promises to be the start of an exciting English apple […]

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PepsiCo and Senomyx Enter Into Collaboration to Discover, Develop and Commercialize New Sweet Flavor Ingredients

  PepsiCo and Senomyx Enter Into Collaboration to Discover, Develop and Commercialize New Sweet Flavor Ingredients

PepsiCo, the world’s second-largest food and beverage business, and Senomyx, Inc., a leading company focused on using proprietary technologies to discover and develop novel flavor ingredients for the food, beverage, and ingredient supply industries, announced today that they have entered into a four-year collaborative agreement related to Senomyx’s sweet-taste technology.
PepsiCo’s collaboration with Senomyx will focus […]

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Kerry Group confirms offer for Newmarket Co-operative Creameries Limited

  Kerry Group confirms offer for Newmarket Co-operative Creameries Limited

Kerry Group, the global ingredients & flavours and consumer foods group, today confirmed the terms of its offer to acquire the entire issued share capital of Newmarket Co-operative Creameries Limited for a price of €421 per share.
The offer values the entire issued ordinary share capital plus debt of Newmarket Creameries at approximately €33m.
Newmarket Creameries, located […]

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Refresco to Acquire Soft Drinks International

  Refresco to Acquire Soft Drinks International

Netherlands-based Refresco, Europe’s leading manufacturer of private label soft drinks and fruit juices, is to acquire Soft Drinks International, a German producer of soft drinks and water, for an undisclosed price. SDI is a strong, regional producer, primarily active in the German market and the Benelux, with production facilities in Erfstadt (Germany) and Heerlen (The […]

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Strong performance for the Carlsberg Group and full-year earnings upgrade

  Strong performance for the Carlsberg Group and full-year earnings upgrade

The Carlsberg Group achieved 12% operating profit growth to DKK 5.0bn for the first six months of 2010 and driven by increased sales and marketing investments the Group gained market share in a large part of the business. The focus on improving profitability continues and Group operating profit margin improved strongly by 210bp to 17.2%.
Beer […]

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First Milk Back in the Black

  First Milk Back in the Black

First Milk has returned to the black in the year ended March 31st 2010 with a positive £10.3m swing in pre-tax profitability to end the year with a profit of £0.4m as the UK dairy co-operative systematically reduced its cost base and improved efficiencies throughout the business. Group turnover declined 8% to £536m, reflecting the […]

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New €12m Irish Mushroom Plant

  New €12m Irish Mushroom Plant

Irish mushrooms producer Monaghan Mushrooms has opened its new Eur12m state-of-the-art mushroom growing facility at Tyholland in County Monaghan. The new facility, which will generate 150 jobs, comprises 18 mushroom growing houses with a total growing area of 21,306 sq m. When operating at full capacity the plant will have an output of 115 tonnes […]

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Aryzta Makes Strategic Investments in North America, Latin America and Asia

  Aryzta Makes Strategic Investments in North America, Latin America and Asia

International speciality bakery group Aryzta is acquiring Tim Horton’s 50% share in Maidstone Bakeries, a Canadian joint venture between Aryzta and Tim Horton, for C$475m (Eur349m). The Maidstone facility was designed, constructed and commissioned in partnership with Tim Hortons, the leading quick service restaurant (QSR) in Canada, in 2002 to 2003.
The purpose built 400, 000 […]

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World Cup Scores For Anheuser-Busch InBev

  World Cup Scores For Anheuser-Busch InBev

Helped by its sponsorship of the FIFA World Cup, Anheuser-Busch InBev, the world’s biggest brewer, increased beer volumes by 2% in its second quarter and by 1.5% in the first half of 2010. The group’s focus brands grew volumes by 4% in the first half, led by Budweiser internationally, Antarctica, Brahma and Skol in Brazil […]

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Strong Profits Growth at Refocusing Sara Lee

  Strong Profits Growth at Refocusing Sara Lee

Despite a 0.8% drop in net sales to $10.8b, reflecting lower volume sales and prices, Sara Lee increased operating income by 88.6% to $918m in its 2010 financial year, driven by improved profits from across all of the US-based food and beverages group’s five continuing business segments. In particular, the North American Retail and International […]

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Barilla Disposes of German Bakery Business

  Barilla Disposes of German Bakery Business

Italian pasta and bakery group Barilla is selling Kamps, its German bakery chain, to ECM Equity Capital, a Frankfurt-based private equity firm, for an undisclosed price. Kamps has 900 franchise shops in Germany selling bread and baked goods, supported by five bakery plants, and had sales of over Eur300m last year.
Kamps along with a business […]

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Strong First Half From Nestle

  Strong First Half From Nestle

Benefiting from deeper penetration in emerging markets of the world, the continued success of its premium products in both developing and developed markets and extra marketing investment, Nestle has increased net profit by 7.5% to SFr5.5b (Eur4.0b) on group sales up by 5.9% to SFr55.3b for the first half of 2010. Organic sales growth was […]

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Danone to Dispose of Stake in Wimm-Bill-Dann Foods

  Danone to Dispose of Stake in Wimm-Bill-Dann Foods

Danone has agreed to sell its 18.4% stake in Wimm-Bill-Dann Foods to the Russian food group for a total consideration of $470m. The agreement follows the recent announcement of the joint-venture between Danone and Unimilk in the CIS region. The deal is conditional upon Danone receiving the necessary regulatory approvals for the merger of its […]

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Kerry Group Confirms Offer For Newmarket Co-operative Creameries

  Kerry Group Confirms Offer For Newmarket Co-operative Creameries

Kerry Group, the international ingredients, flavours and consumer foods group, has confirmed the terms of its offer to acquire Irish dairy processor Newmarket Co-operative Creameries for approximately Eur33m. The offer is subject to approval by Newmarket shareholders and by the Competition Authority of Ireland.

Stan McCarthy, chief executive of Kerry Group.
Newmarket Creameries, located in North Cork, […]

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Resilient First Half From Greggs

  Resilient First Half From Greggs

Greggs, the UK’s largest retail baker, increased total group sales in the 26 weeks ended 3rd July 2010 by 2.9% to £321m as like-for-like sales advanced by 0.7%, in line with expectations of marginally positive like-for-like sales growth over the year. Operating profit rose by 13.1% to £18.5 million but the underlying increase was 4% […]

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Unilever Acquires Danish Ice Cream Business From TINE

  Unilever Acquires Danish Ice Cream Business From TINE

Unilever is acquiring Diplom-Is, a Danish ice cream business, from TINE, the Norwegian dairy group, for an undisclosed price. Employing 30 people, Diplom-IS operates five local distribution centers in Denmark. TINE also owns and operates Diplom-Is in Norway and Sweden, which it is retaining.
Unilever is one of the leading players in the Danish ice cream […]

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VION Investment Programme Creates 250 New Jobs in Scotland

  VION Investment Programme Creates 250 New Jobs in Scotland

Netherlands-based VION, Europe’s largest fresh meat group, is creating an additional 250 jobs within its Scottish operations. A multi-million pound investment programme, together with the support and commitment of the workforce, and active partnership with the Scottish Government, Scottish Development International (SDI) and Scottish Enterprise (SE), has delivered a swift and positive return.
Approximately 150 new […]

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Generation Brew – Young British Coffee Drinkers Not Satisfied With a Cup of Instant

New research from YouGov SixthSense reveals that a generational divide exists in UK coffee consumption. 83% of over 55s has drunk a cup of instant coffee in the last month compared to 67% of 18-24 year olds. Younger generations are more likely to choose alternatives such as a cappuccino (43%), a latte (39%) and an […]

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Further International Expansion By Eckes-Granini Group

  Further International Expansion By Eckes-Granini Group

Germany-based Eckes-Granini Group, one of the leading branded fruit juice producers in Europe, and KMV (Karlovarske Mineralni Vody), the leading bottled water supplier in the Czech market, have formed a strategic partnership. KMV has become the exclusive marketer of Eckes-Granini Group’s granini and YO brands in the Czech Republic and Slovakia.
“This strategic partnership is yet […]

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Sara Lee Searches For New Head

  Sara Lee Searches For New Head

US and international food and beverage group Sara Lee has announced that Brenda Barnes is stepping down permanently from the positions of chairman and chief executive so she can continue to focus on improving her health. In addition, she has resigned from Sara Lee’s board of directors and will not stand for re-election at the […]

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Hero Disposes of French Fruit Dessert Business

Swiss and international consumer food group Hero is selling its French fruit dessert business to Charles Faraud, which is majority owned by CIC-Banque de Vizille. The transaction will be completed at the beginning of September. Charles Faraud is a specialist in fruit desserts and is especially strong in the food service channel in France. Acquiring […]

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Northern Foods to Sell Dalepak Frozen Foods

  Northern Foods to Sell Dalepak Frozen Foods

UK convenience foods producer Northern Foods has agreed to sell Dalepak Frozen Foods to the Irish Food Processors Group, one of the largest meat processors in Europe, for an expected cash consideration of £6.4m. Dalepak, based in Northallerton, North Yorkshire, England, is a supplier of frozen food products, including meat and meat free grills, with […]

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Recession Boosts Domestic/local Spirits at Expense of International Brands

  Recession Boosts Domestic/local Spirits at Expense of International Brands

2009 was not a good year for multinational spirits companies. Euromonitor International’s ‘2010 Millionaires’ ranking saw total volumes of international brands on the list fall by 5% while domestic/local brands saw growth of 6%, selling over 400 million 9-litre cases. The Millionaires supplement is a ranking of spirits with sales of over one million 9-litre […]

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First Milk and Morrisons to Reduce Energy Consumption on British Farms

  First Milk and Morrisons to Reduce Energy Consumption on British Farms

First Milk, the UK’s largest farmer-owned dairy business, and Morrisons supermarkets have set up a strategic partnership to improve sustainability throughout the British cheese supply chain. The initial step for the partnership has been to work with a group of First Milk’s dairy farmers in Ayrshire on projects that can boost efficiencies on farm. After […]

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CVC Capital Partners to Acquire Autobar Group

Private equity group CVC Capital Partners is acquiring a majority stake in Autobar Group from Charterhouse Capital Partners, which will retain a significant minority stake. Autobar is one of Europe’s leading vending businesses, with around 100,000 customers in 11 countries in Europe and sales of Eur569m in the year to March 2010. Autobar supplies and […]

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Cadbury Acquisition Drives Profit at Kraft Foods

  Cadbury Acquisition Drives Profit at Kraft Foods

The acquisition of Cadbury has helped Kraft Foods to report higher than expected second quarter profit despite a decline in its North American sales. Cadbury contributed 91% of the 25% rise in the US-based food and beverage giant’s net revenues to $12.3b during the quarter.
Kraft Foods’ operating income increased 16.8% to $1.70b, including a favourable […]

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Milk Link to Launch I Can’t Believe It’s Not Cheddar in the UK

  Milk Link to Launch I Can’t Believe It’s Not Cheddar in the UK

UK dairy co-operative Milk Link is planning to launch I Can’t Believe It’s Not Cheddar, a new cheese product that contains 30% less fat than standard Cheddar, early next year. The new product will be produced by Milk Link under licence from Unilever, which also owns the popular I Can’t Believe It’s Not Butter brand. […]

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