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Coca-Cola Hellenic Opens New €130m Irish Facility

  Coca-Cola Hellenic Opens New €130m Irish Facility

Coca-Cola Hellenic Bottling Company’s Irish business has officially opened a new energy efficient bottling plant, computerised warehouse, and community-focused visitors

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Foster’s Turns Down Offer for Wine Business

  Foster’s Turns Down Offer for Wine Business

Foster’s, the Australian brewer and wine maker, is reported to have rejected a cash offer of up to A$2.7b (£1.6b)

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Own Stores Decline Hits Thorntons

  Own Stores Decline Hits Thorntons

Reported pre-tax profit before exceptionals fell 2.4% to £6.1m on flat revenue of £214.6m for the year ended June 26th

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Changing Consumer Preferences Undermine Profitability at Ukrainian Dairy Group

Ukrainian dairy business Ukrproduct Group has reported a 5.3% drop in year-on-year revenue to £20.7m for the first six months

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Highest British Food Inflation For a Year

Rising ingredients and input costs for food manufacturers are being reflected in a sudden rise in food retail prices but

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William Grant Establishes Global Marketing Office in Dublin

  William Grant Establishes Global Marketing Office in Dublin

Premium spirits business and independent Scottish family distiller, William Grant & Sons, has established its new global marketing office in

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New Head For Friesland Campina’s Ingredients Business

  New Head For Friesland Campina’s Ingredients Business

Owing to his retirement, Frans Visser will step down as a member of the executive board of Dutch dairy co-operative

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Dogged Full Year Performance By Pernod Ricard

  Dogged Full Year Performance By Pernod Ricard

Pernod Ricard, the world’s second largest spirits and wine group, has reported a 1% increase in net profit to Eur951m

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Investment Funds Buy into APM in France

An 80% stake in L’Alsacienne de Pates Menageres (APM), the French manufacturer of ready-to-use dough for tarts, pizzas, cakes and

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Nestle to Expand French Food Service Operation

Davigel Davifrais, Nestle’s French frozen and fresh food products distribution company, is reported to be planning to invest Eur6m to

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Sodiaal’s Acquisition of Entremont Gains French Approval

  Sodiaal’s Acquisition of Entremont Gains French Approval

The French Competition Commission has approved dairy group Sodiaal’s acquisition of Entremont Alliance, the loss making French cheese producer. The

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Emerging Markets Drive Heinz

  Emerging Markets Drive Heinz

Emerging markets such as China, India, Indonesia, Latin America and Russia are expected to deliver at least 20% of Heinz’s

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Interim Profit Surges at Arla Foods But a Challenging Autumn Ahead

  Interim Profit Surges at Arla Foods But a Challenging Autumn Ahead

Increased prices in the global market, rising foreign exchange rates as well as strict control of costs have allowed Scandinavian

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FrieslandCampina Doubles Interim Profit

  FrieslandCampina Doubles Interim Profit

Dutch dairy co-operative Royal FrieslandCampina has doubled profit to Eur156m, due to improved margins and volume growth, and increased revenue

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First Half Improvement at Wimm-Bill-Dann Foods

Russian dairy, food and beverages group Wimm-Bill-Dann Foods increased net income by 7.1% year-on-year to US$69.5m on revenue up 17.1%

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Solid First Half Profitable Growth By Kerry Group

  Solid First Half Profitable Growth By Kerry Group

Kerry Group, the global ingredients, flavours and consumer foods manufacturer, has achieved strong profitable growth in the first half of

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New Wine Trade Agreement Between EU and Australia

  New Wine Trade Agreement Between EU and Australia

A new agreement governing the Eur700 million wine trade between Australia and the European Union comes into force today (1st September

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Top Executive Leaves Nestle

  Top Executive Leaves Nestle

Richard Laube, executive vice president in charge of Nestle Nutrition, has decided to pursue personal opportunities outside Nestle and has

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Interim Profit Tumbles at Josef Manner

Josef Manner, one of Austria’s leading confectionary manufacturers, has reported a 2.4% fall in revenue to Eur72.1m for the first

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European Business News – Week ending September 10, 2010

The first signs that rising ingredient and other input costs for food manufacturers are starting to filter through to food

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Solid First Half Performance By Emmi

  Solid First Half Performance By Emmi

Helped by rising international sales, Swiss dairy group Emmi has increased net profit by 21.5% to SFr39.9m (Eur31m) on sales

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Carlsberg to Close Swiss Brewery

  Carlsberg to Close Swiss Brewery

Global brewer Carlsberg will concentrate its beer production in Switzerland at its main brewery at Rheinfelden and its site in

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Mixed Interim Results at Lotus Bakeries

Belgium-based biscuits and cakes manufacturer Lotus Bakeries increased current operating profit by 8.8% to Eur17.5m in the first half of

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First Half Improvement But Bongrain Still Underperforming

Although Bongrain has significantly improved profitability and sales in the first half of 2010 compared to the corresponding period in

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Greencore Completes Disposal of Dutch Convenience Food Business

  Greencore Completes Disposal of Dutch Convenience Food Business

Leading UK and Irish convenience food manufacturer Greencore Group has completed the sale of its Netherlands-based convenience foods business, Greencore

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Findus Group Targets Growth in Nordic Region

  Findus Group Targets Growth in Nordic Region

Findus Group, one of Europe’s largest frozen food and seafood companies, has appointed Jari Latvanen, formerly with Nestle, to head

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Seabrook Crisps Plans New English Factory

  Seabrook Crisps Plans New English Factory

Seabrook Crisps, the north of England-based snacks manufacturer, is planning to build a new factory in the south of the

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Nestle to Invest SFr500 Million in Coffee Projects

In addition to the SFr200m (Eur150m) invested over the past ten years, Nestle will invest SFr500m in coffee projects by

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Interim Profits Jump at Ter Beke

The benefits of efficiency investments and continuous cost control have helped Ter Beke, the Belgian ready meals and processed meats

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European Business News – Week ending September 3, 2010

Three of Europe’s top ten dairy processors – Arla Foods, Royal FrieslandCampina and Bongrain – reported first half results in

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Nestle Opens Premium Chocolate Production Lines in Russia

  Nestle Opens Premium Chocolate Production Lines in Russia

To consolidate its operations in the Russian and Eurasia region, Nestle has opened two premium chocolate production lines. Creating 149

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Global Dairy Markets Show Signs of Recovery

  Global Dairy Markets Show Signs of Recovery

Global dairy markets recovered somewhat unevenly in the first half of 2010. Commodity prices declined in the early months, stabilised

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Decrease in UK Food Safety Training a ‘Ticking Time Bomb

UK Food businesses are cutting back on food safety and hygiene training, according to a survey conducted by the Chartered

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Board Appointment at Diageo

Diageo has appointed Lord Mervyn Davies of Abersoch to its board effective from 1st September 2010. He becomes a non-executive

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Stronger Second Half Performance Drives Growth at Diageo

  Stronger Second Half Performance Drives Growth at Diageo

A stronger second half performance has helped global alcoholic drinks giant Diageo to increase reported operating profit by 6.5% to

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Nestle Completes Disposal of Alcon

  Nestle Completes Disposal of Alcon

Nestle has completed the sale of its remaining 52% stake in Alcon, the global eye care business, to Novartis for

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European Organic Food Market Continues to Grow

  European Organic Food Market Continues to Grow

EU-27 demand for organic products continues to grow. The European organic consumer market is the biggest in the world, and

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Mixed Views on UK Minimum Pricing For Alcohol Proposal

Last week British Prime Minister David Cameron backed councils across the country in their plans to implement a minimum price

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Good Performance From Glanbia as Irish Business Returns to Profit

  Good Performance From Glanbia as Irish Business Returns to Profit

Glanbia, the international nutritional ingredients and cheese group, has delivered strong top line revenue, profit and margin growth for the

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Strong Showing From Heineken

  Strong Showing From Heineken

Global brewer Heineken has produced a strong first half performance but remains cautious on the development of beer consumption in

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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.

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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

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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

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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

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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

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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

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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

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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

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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

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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

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