FDBusiness.com

 Breaking News
  • Carlsberg Group Upgrades Full Year Operating Profit Outlook Carlsberg Group has delivered organic operating profit growth of 17.7% for the first half of 2019 with reported growth of 18.2% to DKr 5.17 billion (€693 million). Organic net revenue growth was 4.2% and on a reported basis net revenue rose by 6.5% to DKr32.99 (€4.42 billion). Operating margin improved by 160bp to 15.7%. Reported net [...]...
  • Diageo Forms New Rum Joint Venture Diageo and Corporación Cuba Ron, a leader in the production of premium Cuban rums, have created a joint venture – Ron Santiago. The joint venture will have exclusive global distribution rights to Santiago de Cuba, a premium Cuban heritage rum brand. Globally, premium and above rum segments are growing ahead of the category overall, with premiumisation [...]...
  • Stirring Times For US Yogurt – Innovation is Vital in a Changing Consumer Environment Over half of all U.S. consumers now buy yogurt as part of their typical grocery basket, according to a new report from Innova Market Insights, but their habits appear to be evolving. Convenience themes are becoming increasingly important, for example, with 17% of consumers naming this as a significant choice factor in 2018, which is [...]...
  • FrieslandCampina Significantly Expands its VLOG Production Due to the sharp increase in demand in Germany, FrieslandCampina is increasing the number of participating dairy farms that supply VLOG milk from 400 to more than 600. All VLOG milk produced by Dutch FrieslandCampina dairy farmers is used to make cheese for the German market. VLOG (Verband Lebensmittel Ohne Gentechnik) is a German association responsible [...]...
  • English Food Manufacturers Sign Up to Made Smarter Support A number of food manufacturing firms in the North West of England have signed up to a business-led programme which aims to use digital technology to boost growth and success. By implementing advances in data analytics, Artificial Intelligence (AI), Augmented Reality (AR), Industrial Internet of Things (IIoT), 3D-printing and robotics, firms can enhance their profitability [...]...

ILAPAK’S NEW DELTA 2000 LD FLOWRAPPER OFFERS EFFICIENT, HIGH QUALITY PACKAGING SOLUTION FOR POULTRY

  ILAPAK’S NEW DELTA 2000 LD FLOWRAPPER OFFERS EFFICIENT, HIGH QUALITY PACKAGING SOLUTION FOR POULTRY

Ilapak has launched a new, upgraded version of its Delta LD flowrapper, specifically designed to meet the packaging requirements and tough hygienic standards of the poultry industry.  The new flowrapping machine  has been designed specifically for poultry industry applications, in particular chicken pieces and whole birds with or without a tray. Ilapak’s new DeltaLD system […]

Read Full Article

Warburtons Invests £2.5 Million in Gluten-free Bakery

  Warburtons Invests £2.5 Million in Gluten-free Bakery

British bakery group Warburtons is reported to have invested £2.5m in a dedicated gluten-free production plant at its site in Newburn. The new bakery will produce a range of Warburtons gluten-free products including white and brown bread loaves and sub rolls, teacakes and crumpets.
The dedicated facility will initially employ nine people, rising to twenty within […]

Read Full Article

SABMiller Reveals Europe’s Most Popular Beer Drinking Destination

  SABMiller Reveals Europe’s Most Popular Beer Drinking Destination

Prague, Amsterdam and Berlin have been named the top European destinations for a beer, according to a new report into European beer drinking culture by SABMiller, one of the world’s largest brewers.
The report, ‘Whose Round?’ which was researched across 12 European countries, found that 20% of all respondents named Prague as their top city for […]

Read Full Article

Valeo Completes Consolidation in Irish Consumer Foods Market

  Valeo Completes Consolidation in Irish Consumer Foods Market

Valeo Foods Group has completed the simultaneous acquisitions of the branded food businesses of Origin Enterprises for an enterprise value of Eur78m and the Irish food company Batchelors for an undisclosed price from private equity firm CapVest. Irish agri-nutrition group Origin Enterprises holds a 45% stake in Valeo Foods with CapVest owning the balance.
The newly […]

Read Full Article

UK Retail Milk Price War Ends

  UK Retail Milk Price War Ends

Tesco’s decision to increase the price of its standard milk – a move followed by other supermarket groups Morrisons, Waitrose and Sainsbury – has effectively ended the milk price war in the UK grocery trade. The price war, precipitated by Asda in July, has already undermined profitability at British liquid milk specialist Robert Wiseman Dairies, […]

Read Full Article

Tate & Lyle Sells Molasses Business

  Tate & Lyle Sells Molasses Business

Tate & Lyle is selling its Molasses business to W&R Barnett for £67m in cash. Molasses comprises the global molasses trading desk based in London, UK and other worldwide marketing operations together with the UK third party storage operations. These businesses had external sales of £228m and made an operating profit of £13m in the […]

Read Full Article

Cornish Blue is World Champion Cheese 2010

  Cornish Blue is World Champion Cheese 2010

Cornish Blue, from the Cornish Cheese Company, has been crowned the World Champion Cheese 2010 – the first time a British cheese has won the award for more than a decade. The 2010 World Cheese Awards took place at the UK’s largest consumer food exhibition, the BBC Good Food Show, which was held at the […]

Read Full Article

$5.3 Billion Private Equity Takeover Deal

The biggest private equity food deal this year has been agreed with a consortium led by Kohlberg Kravis Roberts, Vestar Capital Partners and Centerview Partners acquiring Del Monte Foods Company, one of North America’s largest producers of branded food products and pet products. The transaction, which has been unanimously approved by Del Monte’s board of […]

Read Full Article

Death of Bernard Matthews

  Death of Bernard Matthews

Bernard Matthews, the founder of Bernard Matthews Farms, the largest turkey processor in the UK, has died at the age of 80. From simple beginnings, with an initial investment of just £2.50 sixty years ago, Bernard Matthews was responsible for taking the business from twenty turkey eggs and a second-hand paraffin incubator to a successful […]

Read Full Article

Expanded Horizons for Vitiva’s Rosemary Portfolio

  Expanded Horizons for Vitiva’s Rosemary Portfolio

Vitiva, Slovenia, is proud  to announce that the rosemary extracts sold under VivOX®, INOLENS® and SyneROX® brands, are in compliance with the new legislation under EU directives 2010/ 67/ EU and 2010/ 69/ EU , which define purity criteria and application range for rosemary extracts as antioxidants.
”Adding rosemary extract to approved food additives in the […]

Read Full Article

European Business News – Week ending November 26, 2010

Food business entrepreneur Bernard Matthews passed away, aged 80, on November 25th. From humble beginnings sixty years ago, he developed his family business, Bernard Matthews Farms, into a successful £330m turnover vertically integrated turkey production company. In doing so, he was largely responsible for popularising turkey as an affordable meat for consumers, not only at […]

Read Full Article

Stock Spirits Group strengthens senior management team

  Stock Spirits Group strengthens senior management team

Stock Spirits Group (“Stock Spirits” or “the Group”), Central Europe’s leading branded spirits and liqueurs business, is pleased to announce it has made several appointments to strengthen its senior management team.
Lesley Jackson has been appointed as Group Chief Finance Officer. Lesley has extensive industry experience and now joins Stock after spending the past two and […]

Read Full Article

SABMiller Enters Argentinean Beer Market

  SABMiller Enters Argentinean Beer Market

SABMiller, one of the world’s largest brewers, has acquired Cerveceria Argentina SA Isenbeck (CASA Isenbeck), the third largest brewer in Argentina, from the Warsteiner Group. CASA Isenbeck’s principal brands are Isenbeck and Warsteiner, with total sales volumes in 2009 of approximately 600,000hl.
Its brewery is located in Zarate, near Buenos Aires, and has a total capacity […]

Read Full Article

FrieslandCampina to Restructure Dutch Cheese Production

  FrieslandCampina to Restructure Dutch Cheese Production

Dutch dairy multinational Koninklijke FrieslandCampina plans to invest Eur47m to improve efficiency at its cheese plants in Workum, Marum, Balkbrug, Gerkesklooster and Leerdam. However, the cheese plants at Varsseveld and Leerbroek will be closed, and the number of staff at the plants Marum and Gerkesklooster will be reduced.
All sites are located in the Netherlands. These […]

Read Full Article

New British Guidelines to Country of Origin Labelling

  New British Guidelines to Country of Origin Labelling

New guiding principles on country of origin labelling to provide British consumers with clear, accurate information on the origin of their food have been published. The guidance, titled ‘Principles on Country of Origin Information’, has been developed by retailers’ organisation, the British Retail Consortium (BRC), in association with representatives of food manufacturers, commercial caterers and […]

Read Full Article

Atlantic Grupa Completes Droga Kolinska Acquisition

Atlantic Grupa, Croatia’s biggest food and healthcare company, has successfully completed its acquisition of Droga Kolinska, the largest branded food company in Slovenia. The Eur382m deal creates one of the largest branded food companies in the south-east region of Europe.
In addition to its leading position in Croatia, Atlantic Grupa also has a strong presence in […]

Read Full Article

Danone Continues US Dairy Expansion

  Danone Continues US Dairy Expansion

Danone is acquiring YoCream, the leading producer of frozen yoghurt in the United States, for $103m. The deal will enable Danone to move into frozen yoghurt, a fast growing segment in the US. It will also gain access to an away-from-home distribution network, in addition to its existing channels.
The move reflects Danone’s strategy for expansion […]

Read Full Article

World Dairy Market – China and India Increase Imports

  World Dairy Market – China and India Increase Imports

Supply shortages are forcing China and India to raise their imports of dairy products, according to the latest Rabobank Global Dairy Outlook report. “The demand from these two giants will impact dairy processors, dairy farmers and dairy prices for the coming years,” says Tim Hunt of Rabobank Food & Agribusiness Research. Rabobank has now changed […]

Read Full Article

Stefan Barden Leaves Northern Foods to Head Brakes UK

  Stefan Barden Leaves Northern Foods to Head Brakes UK

Having lost out on the job to head Essenta Foods, which is being created by the merger of Greencore and Northern Foods, Stefan Barden (pictured) is leaving his post as chief executive of Northern Foods to join food service supplier Brakes Group as UK chief executive.
Stefan Barden has been chief executive of Northern Foods since […]

Read Full Article

Bakery Expansion at Giles Foods

UK-based speciality breads, Danish pastries and tarts producer Giles Foods has expanded its bakery in Milton Keynes. Following investment of £3.5m, Giles Foods has doubled the size of the bakery and installed new plant and equipment, including a technologically advanced three-deck oven, the first of its kind in the UK.
In addition to expanding capacity, the […]

Read Full Article

Weigh Price Labelling No one offers more for less

  Weigh Price Labelling No one offers more for less

Marel launches new AEW Delford WPL9040 Weigh Price Labeller                                  ­– ideal for smaller processors or lower volumes
New to the Marel range and launched at the international Conxemar, Macropak and IPA Shows, the AEW Delford WPL9040 Weigh Price Labeller is the perfect choice for smaller processors or for larger producers requiring lower volumes on a particular […]

Read Full Article

Moy Park Opens £21 Million Poultry Processing Facility

  Moy Park Opens £21 Million Poultry Processing Facility

Moy Park, Northern Ireland’s largest food manufacturer, has officially opened a new turkey processing facility at its site in Ballymena. The £21m world class premises is part of a phased four-year, £37m investment project, supported by Invest Northern Ireland and the European Regional Development Fund, which was announced in May 2010 and aims to achieve external […]

Read Full Article

UK Industry Responds as One in Three Shoppers Want Waste Reduction Prioritised

  UK Industry Responds as One in Three Shoppers Want Waste Reduction Prioritised

Nearly a third of UK shoppers want food and grocery retailers and manufacturers to focus on reducing waste. IGD consumer research shows 29% of shoppers think reducing waste should be one of the main sustainability priorities for the industry.
The findings come as 33 leading food and grocery companies have announced they are voluntarily committing to […]

Read Full Article

Diageo Looks to Strengthen Rum Portfolio

  Diageo Looks to Strengthen Rum Portfolio

Diageo, the world’s largest spirits group, is holding talks with Industrias Licoreras de Guatemala with a view to acquiring a 50% stake in super premium rum brand Zacapa Centenario. Diageo has been marketing the Guatemalan rum since 2008 under a three year contract with brand owner Industrias Licoreras de Guatemala.
Sales of Zacapa, which is produced […]

Read Full Article

Major Restructuring at Headland Foods

 
UK frozen foods manufacturer Headland Foods is reported to be considering closing its site at Flint in Wales and consolidating production at its factory at Grimsby with the possible loss of 320 jobs. Headland, which produces move than two million retail own label frozen ready meals a week, is part of Prize Food Group.

Read Full Article

Hi expectations brings Hi rewards in 2010

  Hi expectations brings Hi rewards in 2010

The expectation that taking Health ingredients Europe and Natural ingredients 2010 to Spain would alter the landscape of the show, certainly paid off according to Greg Cherry, UBM portfolio director: “We have never before had such a wide geographic spread, both terms of visitors and exhibitors, making it a truly global show.”
Daniel Read, Head of […]

Read Full Article

American rice and food service in the Public Sector

  American rice and food service in the Public Sector

The USA Rice Federation took a stand alongside one of the largest importers of US Rice into the UK at the exhibition ‘Catering for the Public Sector’, at The Barbican London, in November
This was a conference and exhibition aimed at food service procurement in government, and local government run organisations.
Over 200 delegates from all over […]

Read Full Article

Global Spread and Big Brands Drive Profit at SABMiller

  Global Spread and Big Brands Drive Profit at SABMiller

SABMiller, one of the world’s leading brewers with operations and distribution across six continents, has increased reported EBITA by 13% to $2.47b for the six months to September 30th 2010. The growth was 10% on an organic, constant currency basis, as key operating currencies strengthened against the US dollar compared to the equivalent period in […]

Read Full Article

Three new Kliklok machines for Belgian food producer

  Three new Kliklok machines for Belgian food producer

Kliklok has just installed THREE of their new KII cartoners to Belgian frozen food producer NANUK.  Based in Waragem, this family run company has a number of Kliklok machines in operation.  A huge increase in demand for their high quality savoury and dessert products led to Nanuk placing their order for three brand new machines.
An […]

Read Full Article

Strong First Half Performance By Fuller, Smith & Turner

  Strong First Half Performance By Fuller, Smith & Turner

British regional brewer Fuller, Smith & Turner has increased pre-tax profit by 11% to £16.8m on revenue up 4% to £121.5m for the 26 weeks ended September 25th 2010. The managed pubs and hotels division, which is the largest part of the business, achieved a 3.3% increase in like for like sales and an 8% […]

Read Full Article

Nestle Adopts IFRS From 2011

  Nestle Adopts IFRS From 2011

Nestle will change its sales recognition policy in line with International Financial Reporting Standards (IFRS) from the start of 2011. The change will reduce Nestle’s reported sales by about 15% as expenses such as discounts as well as certain allowances and promotions for retailers will in future be deducted from proceeds of sales, leading to […]

Read Full Article

€1.4 Billion Bid For Yoplait Rejected

Private equity firm PAI Partners and French dairy co-operative Sodiaal have rejected a Eur1.4b bid to buy Yoplait from Lactalis. The international yoghurt producer has been up for sale since earlier this year when PAI Partners decided to dispose of its 50% stake.
If successful, the bid by Lactalis would have kept the Yoplait brand under […]

Read Full Article

IBC Handling Guide for Safety and Efficiency

  IBC Handling Guide for  Safety and Efficiency

Schütz manual provides detailed information about transport containers

Selters. Modern IBCs (intermediate bulk containers) come in such a wide range of variants today that there are practically no limits to their application as a transport and storage medium for liquid (hazardous) goods – nor to the importance of ensuring their efficient and safe […]

Read Full Article

Kerry Demonstrates Chocolate Expertise at ZDS Chocolate Technology International 2010

Kerry Ingredients & Flavours is highlighting its chocolate expertise alongside its increasing focus on the German confectionery market on Stand 8B at ZDS Chocolate Technology 2010, which is being held at Congress-Centrum Nord, Koelnmesse, Cologne, Germany between 7-9 December, 2010.
Application and technology samples will feature on the Kerry stand, demonstrating the company’s ability to provide […]

Read Full Article

Cooley Named Best Distillery in Europe for Third Consecutive Year

  Cooley Named Best Distillery in Europe for Third Consecutive Year

Cooley Distillery, Ireland’s only independent distillery, has been named European Distiller of the Year for the third consecutive year at the annual International Wine and Spirits Competition (IWSC). Cooley Distillery founder and chairman, John Teeling believes that Cooley’s achievements throughout the downturn are proof positive that the exporting and marketing of quality Irish produce will […]

Read Full Article

United Biscuits Sale Talks End

  United Biscuits Sale Talks End

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 ended with no formal offer forthcoming. The co-owners of United Biscuits, private equity firms Blackstone Group and PAI Partners, have now opened talks with other potential […]

Read Full Article

Lotte Group to Invest €200 Million to Expand Wedel

  Lotte Group to Invest €200 Million to Expand Wedel

Tokyo-based Lotte Group is reported to be investing in the region of Eur200m to expand and diversify its Wedel confectionery business in Poland. The expansion programme entails the construction of five new factories, including an initial investment of Eur70m.
Lotte Group acquired the Wedel branded chocolate and sugar confectionery operations in Poland last June from Kraft […]

Read Full Article

Long-term Problems in UK Wine Market Undermine Profitability

  Long-term Problems in UK Wine Market Undermine Profitability

Long-term problems in the UK wine trade, which is the world’s largest importer, are threatening profitability for major suppliers who have become dependent on the market, according to Rabobank.
Wine imports to the UK rose by 6% in the first half of 2010, but this fails to compensate for the almost 10% decline in the same […]

Read Full Article

European Business News – Week ending November 19, 2010

During a week when the Republic of Ireland’s beleaguered Government went cap in hand to the EU and IMF for a financial bailout to try and stabilise its foundering banking system, it was ironic that two Irish companies achieved notable successes abroad, stressing the importance of the food and drink industry in contributing to the […]

Read Full Article

Milkiland Moves Closer to Public Listing to Fund Expansion

  Milkiland Moves Closer to Public Listing to Fund Expansion

Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, has commenced its public offering of over 22% of its shares as it prepared to list on the Warsaw Stock Exchange. “We expect that our integrated business model, our strong position in the Commonwealth of Independent States, one of […]

Read Full Article

Princes Eyes Premier’s Canning Business

  Princes Eyes Premier’s Canning Business

UK-based food and drink group Princes, which is owned by Mitsubishi of Japan, is reported to be one of the potential buyers of Premier Foods’ canning operations in East Anglia, England. Incorporating sites at Wisbech in Cambridgeshire and Long Sutton in Lincolnshire, Premier’s canning business is valued at up to £250m by some analysts.
Loyd Grossman […]

Read Full Article

Lactalis Makes Offer For Yoplait

  Lactalis Makes Offer For Yoplait

French dairy group Lactalis is reported to have made an offer for Yoplait, the international dairy business, to create a big French dairy sector champion worldwide. Such a deal, which values Yoplait at about Eur1.3b, would also and retain the Yoplait brand under French ownership.
Operating through a franchise system and marketed in over 75 countries […]

Read Full Article

Healthy Balanced Diet Communications Guide For Food Companies

A new guide to help UK food businesses communicate with consumers in a clear and consistent way about achieving a healthy balanced diet is being published by IGD, the international food and grocery experts. The Best practice guide to communicating to consumers about a healthy balanced diet has been developed to ensure information provided is […]

Read Full Article

Northern Foods and Greencore to Create £1.7 Billion Convenience Foods Giant

  Northern Foods and Greencore to Create £1.7 Billion Convenience Foods Giant

Northern Foods and Greencore, two of the UK’s leading convenience food processors, are to merge to create Essenta Foods, a £1.7b turnover business with strong positions in private label production along with significant band strength in biscuits and frozen pizzas, respectively through the Fox’s and Goodfella’s brands. The merger is expected to yield cost synergies […]

Read Full Article

Arla Increases Payment to Farmers as Profit Target Maintained

  Arla Increases Payment to Farmers as Profit Target Maintained

With Arla Foods maintaining its profit projections for 2010 of DKr1.2b, the Scandinavian dairy co-operative has decided to increase the milk price to members for the fifth time this year.
“During 2010, the global market improved viewed against the crisis year of 2009. This means that prices for dairy products have adjusted accordingly and our earnings […]

Read Full Article

Premier Foods Approached About Sale of Canning Operations

  Premier Foods Approached About Sale of Canning Operations

Premier Foods, the UK’s largest domestic food processor, has confirmed that it has received approaches regarding a possible sale of its East Anglian canning operations. Since its £1.2b acquisition of RHM in February 2007 shortly after its £480m purchase of Campbell Soup’s British and Irish operations, Premier Foods has struggled with its billion-pound debt mountain. […]

Read Full Article

Strong Annual Operating Performance by Refocused Greencore

  Strong Annual Operating Performance by Refocused Greencore

Following three strategic disposals to become sharply focused on its UK, Irish and US convenience foods operations, Greencore has reported a 17.6% rise in group operating profit from continuing operations to Eur59.7m on sales up by 6.9% to Eur856.9m for the year ended September 24th 2010. Group operating margin from continuing operations improved by 63bps […]

Read Full Article

Interim Profit Down at Robert Wiseman Dairies

  Interim Profit Down at Robert Wiseman Dairies

As expected, following an earlier profit warning, Robert Wiseman Dairies, which processes and delivers 30% of the fresh milk consumed in Britain, has reported a fall in operating profit, down 2.7% to £21.0m, for the first six months ended October 2nd 2010, compared to the corresponding period last year.
Turnover increased by 6.8% to £452.8m during […]

Read Full Article

Unilever Unveils Ambitious Sustainability Plan

  Unilever Unveils Ambitious Sustainability Plan

Unilever has announced plans to decouple its future growth from environmental impact. The food and consumer goods giant has pledged to halve the environmental footprint of its products; help 1 billion people to take action to improve their health and wellbeing, mostly in developing countries, over the next 10 years; and to source 100% of […]

Read Full Article

Dunbia Denies Takeover Speculation

  Dunbia Denies Takeover Speculation

Dunbia, the Northern Ireland-based red meat processor, has stated there is no truth surrounding the recent speculation about an alleged takeover bid by Brazilian company, Marfrig. Dunbia co-owner and group managing director, Jim Dobson says: “Recently there has been media speculation that Dunbia is in negotiations with Brazilian meat company, Marfrig. Dunbia can categorically state […]

Read Full Article

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2019Packaging Innovations & Luxury Packaging London 2019
  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

Jobs: Food & Drink Industry

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements