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Tag "Belgium"

Bonduelle and Ardo Establish Spanish Joint Venture to Supply Findus

    Bonduelle and Ardo Establish Spanish Joint Venture to Supply Findus

The Ardo and Bonduelle groups are to set up a joint venture to supply frozen vegetables to the Spanish and Portuguese markets. Ardo and Bonduelle have also signed an exclusive supply agreement with Findus, which is returning to the Spanish and Portuguese frozen foods markets.
The agreement between Bonduelle and Ardo provides for a joint venture […]

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FrieslandCampina to Invest €36 Million in Belgian Facility

    FrieslandCampina to Invest €36 Million in Belgian Facility

International dairy co-operative FrieslandCampina is investing Eur36m to almost double production capacity at its Aalter production site in Belgium. The project will span 18 months and develop Aalter into a state-of-the-art factory.
Royal FrieslandCampina, which was created in December 2008 from the merger of Royal Friesland Foods and Campina, is now focusing on innovation and sustainable […]

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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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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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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 investing Eur27m to expand production capacity at its Belgian operations over the next three years. The group’s site at Lembeke will be extended and all caramelized biscuit production will be centred there. Lotus will also […]

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Coca-Cola Enterprises Sees Solid Growth Opportunities in Western Europe

    Coca-Cola Enterprises Sees Solid Growth Opportunities in Western Europe

Coca-Cola Enterprises, the world’s largest bottler of Coca-Cola products which will soon be focused purely on some of the largest but also most mature soft drinks markets in Western Europe, is optimistic about the long-term growth prospects for this territory. The group aims to achieve in currency neutral terms: revenue growth of 4% to 6%; […]

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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 2010 as consolidated turnover edged up 1% to Eur127.2m. On a like-for-like basis, taking into account the termination of the Jaffa Cake bars contract with McVities, turnover for the first half of 2010 was up […]

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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 manufacturer, to increase EBITDA by 22.2% to Eur19.6m in the first half of 2010. Group turnover increased by 3.1% to Eur197.4m as the ready meals and processed meats divisions both increased volume sales. Net profit […]

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Belgian Brewer Expands Through Acquisition

Belgian brewer Duvel Moortgat is expanding its portfolio of speciality beers with the acquisition of Antwerp-based Brouwerij De Koninck for an undisclosed sum. Brouwerij De Koninck is best known for its Bolleke brand which is popular in Antwerp and surrounding areas and parts of the Netherlands, and also enjoys strong brand recognition throughout Belgium.
The Bolleke […]

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United Biscuits Offered For Sale

    United Biscuits Offered For Sale

Private equity firms Blackstone Group and PAI Partners are reported to be seeking to sell British and international biscuits and snacks manufacturer United Biscuits for £2b or more. In 2009, United Biscuits increased EBITDA by 13.7% to £223.4m on turnover up 5% to £1.26b.
United Biscuits is one of the world’s leading branded biscuits and snacks […]

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Ardo UK Consolidates With £16 Million Development

Ardo UK is now prepared to meet the growing consumer demand for frozen foods while also improving cost competitiveness after consolidating its two UK operations into a single site at Charing in Kent, following investment of £16 million.
Well known for its Ardo and Shearway brands, Ardo UK specialises in producing and packaging frozen fruit and […]

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