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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

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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

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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

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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

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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

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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

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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

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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

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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.

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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

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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

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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

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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

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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

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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 –

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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

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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

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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

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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

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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

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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 &

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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

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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

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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

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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,

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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

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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

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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,

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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

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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

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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

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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

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Unilever Acquires Greek Ice Cream Brands

  Unilever Acquires Greek Ice Cream Brands

Unilever is acquiring EVGA’s Greek ice cream brands (including Scandal, Variete and Karabola) and distribution network for an undisclosed amount.

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Greencore Expects 20% Jump in Annual Profit

  Greencore Expects 20% Jump in Annual Profit

Greencore, which is one of the UK’s leading convenience food manufacturers and also has operations in the US, expects group

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Lotus Bakeries to Invest Eur27m to Expand Belgian Production Capacity

Due to rising export sales of its biscuits and cakes in France, Netherlands, UK, US and Asia, Lotus Bakeries is

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Aryzta Well Placed to Benefit From Economic Recovery

  Aryzta Well Placed to Benefit From Economic Recovery

Swiss and international speciality bakery group Aryzta has reported a 2.2% increase in operating profit (including associates and joint ventures)

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Morpol Expands UK Salmon Business

  Morpol Expands UK Salmon Business

Poland-based Morpol, which is one of the world’s leading salmon processors, has expanded its UK operations with the acquisition of

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Nestle to Target New Opportunity in Personalised Health Science Nutrition

  Nestle to Target New Opportunity in Personalised Health Science Nutrition

Nestle is creating Nestle Health Science and the Nestle Institute of Health Sciences to pioneer a new industry between food

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Unilever Strengthens Personal Care Business With $3.7b Acquisition

  Unilever Strengthens Personal Care Business With $3.7b Acquisition

Unilever is strengthening its personal care business by acquiring US-based Alberto Culver Company for $3.7b in cash. Alberto Culver generated

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Chinese Food Group Eyes United Biscuits

  Chinese Food Group Eyes United Biscuits

Chinese food conglomerate Bright Food Group is reported to be holding exclusive talks to acquire United Biscuits, the British and

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UK Food and Drink Exports Deliver Strong First Half Performance

  UK Food and Drink Exports Deliver Strong First Half Performance

UK exports of food and non-alcoholic drinks grew to more than £5b in the first half of 2010 – a

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Heineken Presented With 2010 World Business and Development Award

  Heineken Presented With 2010 World Business and Development Award

Gloabl brewer Heineken has been presented with the 2010 World Business and Development (WBD) Award for its groundbreaking sustainable local

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Dairy Consolidation in Scotland

  Dairy Consolidation in Scotland

Graham’s, Scotland’s leading independent dairy company, is acquiring Claymore Dairies for an undisclosed price. Claymore Dairies was sold earlier this

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Tata Global Beverages Seeking to Diversify into Food

Tata Global Beverages of India, which owns the UK-based Tetley Tea business, is planning to move into food via acquisitions.

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Zetar Completes Refinancing

  Zetar Completes Refinancing

Zetar, the UK confectionery and snack foods group, has completed its refinancing, agreeing new four year bank facilities with HSBC

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Warburtons to Close Welsh Bakery

  Warburtons to Close Welsh Bakery

British baker Warburtons is to close its site in Newport, Wales with the loss of 114 jobs. Acquired by Warburtons

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European Commission to Ban Addition of Sugar to Fruit Juices

  European Commission to Ban Addition of Sugar to Fruit Juices

The Commission has adopted a proposal to amend the Fruit Juice Directive, including a move to ban the addition of

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Roshen Plans New $250 Million Russian Factory

  Roshen Plans New $250 Million Russian Factory

Roshen, the Ukrainian confectionery manufacturer, plans to invest $250m in building a new production complex near by Cosyrevka town in

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Sainsbury Relaunches Taste the Difference Own Brand Range

  Sainsbury Relaunches Taste the Difference Own Brand Range

UK supermarket group Sainsbury has relaunched its premium ‘Taste the Difference’ range of own label food and beverage products. The

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