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Tag "restructuring"

$109 Million Restructuring Programme at General Mills

    $109 Million Restructuring Programme at General Mills

US-based food group General Mills has unveiled productivity and cost savings plans designed to improve organisational effectiveness and focus on key growth strategies but which will entail shedding 850 jobs

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Arla Foods Restructures to Cut Costs

    Arla Foods Restructures to Cut Costs

Arla Foods has announced measures, including the shedding of 250 jobs, aimed at reducing its annual costs by DKr500 million (Eur67 million) in order to remain internationally competitive. The international

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Dairy Crest to Close Two Liquid Milk Dairies

    Dairy Crest to Close Two Liquid Milk Dairies

Dairy Crest is proposing to close two dairies as part of its long term plan to reduce costs and sustain profitability at its liquid milk business. Dairy Crest is entering

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Coca-Cola Hellenic Restructures Greek Business

    Coca-Cola Hellenic Restructures Greek Business

Coca-Cola Hellenic is to close two of its five production plants in Greece in a bid to cut costs and adjust to falling sales. The company’s sales volumes in Greece

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Annual Profits Plunge at Coca-Cola Hellenic

    Annual Profits Plunge at Coca-Cola Hellenic

Coca-Cola Hellenic has reported a 1% growth in net sales revenue to Eur8.85 billion for 2011 but volumes fell by 1%. Despite overall volume and net sales revenue remaining similar

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Major Restructuring at Cumbrian Seafoods

    Major Restructuring at Cumbrian Seafoods

Following a review of the operations of Cumbrian Seafoods and its subsidiary Border Laird, which were acquired after going into administration late last year, Young’s Seafood is to cut 555

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Carlsberg Restructures Central Functions Across Europe

    Carlsberg Restructures Central Functions Across Europe

Following a challenging 2011, Carlsberg plans to reduce the number of positions in its headquarter functions across Europe by 130 to 150, of which approximately 95 positions have already been

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Restructuring at DMK

    Restructuring at DMK

The newly created DMK, Germany’s largest dairy co-operative, has unveiled plans for major restructuring in order to improve cost efficiency. DMK was formed in May 2011 following the merger of

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Thorntons Restructures to Tackle Declining Profits

    Thorntons Restructures to Tackle Declining Profits

Although it increased sales by 1.7% to £218.3 million, UK chocolate manufacturer and retailer Thorntons has reported a 37.3% plunge in profit before taxation and exceptionals to £4.3 million for

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Uniq to Exit Everyday Desserts

    Uniq to Exit Everyday Desserts

Uniq, the UK chilled food group, has decided to exit its unprofitable everyday desserts business and to close its production unit at Minsterley in the first half of 2012, with

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Recovery Continues at Restructured Uniq

    Recovery Continues at Restructured Uniq

Uniq, the UK convenience food group, has continued the improvement in its financial performance by reporting an operating profit before significant items of £4.1m in 2010 compared to a loss

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Re-structuring of VION’s UK Sausage Operations

    Re-structuring of VION’s UK Sausage Operations

VION, Europe’s largest meat group, is proposing to re-structure its British sausage processing business which will result in the transfer of all operations currently undertaken at the Sheffield site to

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Produce World Well Placed for Growth

    Produce World Well Placed for Growth

Despite a 68% fall in operating profit to £2.3 million and a drop in sales to £218 million during 2010, leading UK fresh produce company Produce World is well placed

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Uniq Reaches Agreement on Pension Deficit

UK chilled convenience food processor Uniq has received clearance from the Pension Regulator for its proposed restructuring, to provide a solution to its legacy pension deficit. Under the proposed restructuring,

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Nestle Restructures UK Confectionery Business

    Nestle Restructures UK Confectionery Business

Nestle is to close its confectionery factory at Castleford but has opened a new £5m Kit Kat production line in York. Production from Castleford, which produces After Eight mint chocolates,

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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

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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 – Branded and Chilled. The Branded division will comprise Goodfella’s Pizza,

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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 £2.574b, aied by exchange rate movement, for the year ended

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