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Tag "Switzerland"

Nestle Strengthens Nespresso With €250 Million Investment in Switzerland

    Nestle Strengthens Nespresso With €250 Million Investment in Switzerland

Nestle is strengthening its premium portioned coffee brand Nespresso by investing SFr300 million (Eur250 million) to meet growing consumer demand worldwide. The company is to build a new factory in Romont in the Swiss canton of Fribourg to increase coffee capsule production.
Nespresso’s third production site will boost employment in the region, creating 400 new direct […]

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International Operations Drive Sales Growth at Emmi

    International Operations Drive Sales Growth at Emmi

Swiss dairy group Emmi increased net sales by 1.4% in 2011 to SFr2.72 billion (Eur2.25 billion) thanks to the encouraging performance of its latest acquisitions, to significant international growth and to newly launched products in Switzerland. The net profit margin for 2011 will be around 3%.
However, in organic terms (adjusted for the effects of acquisitions and […]

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Orior Acquires Swiss Tofu Producer

    Orior Acquires Swiss Tofu Producer

Swiss food group Orior, through its Fredag subsidiary, has acquired Bernatur, the leading tofu producer in Switzerland, for an undisclosed price. Bernatur employs approximately ten people and has a production site in Mels (Canton St Gallen). Fredag already produces a wide variety of vegetarian meat substitute products and Bernatur will complement its portfolio.
Orior specialises in […]

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Emmi Exceed Sales and Earnings Targets

    Emmi Exceed Sales and Earnings Targets

Acquisitions, encouraging international growth and strict cost management have helped Emmi, the Swiss dairy group, to increase net profit by 14.3% to SFr86.1m (Eur67m) on net sales ahead by 2.5% to SFr2.68b in its 2010 financial year. EBIT grew by 24.5% to SFr135.8m and the EBIT margin improved from 4.2% to 5.1%.
“We have proven that […]

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Swiss Chocolate Manufacturers Return to Growth

    Swiss Chocolate Manufacturers Return to Growth

The Swiss chocolate industry returned to growth last year following a decline in 2009. Over the course of 2010, Switzerland’s 18 chocolate manufacturers increased volume sales by 1.3% to 176,424 tonnes while turnover across the industry rose 2.4% to SFr1.74b (Eur1.35b). The higher increase in sales turnover was partly due to the price adjustments necessitated […]

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Kraft Foods Looks to Reduce Tax Bill With Cadbury Move

    Kraft Foods Looks to Reduce Tax Bill With Cadbury Move

Kraft Foods plans to move part of its recently acquired Cadbury business to its European headquarters in Zurich, Switzerland in order to reduce its corporation tax exposure. Since 2006 Kraft Foods has been implementing a European model involving a (holding) company based in Zurich together with local companies in country markets.
Cadbury, which was acquired for […]

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Emmi Completes Extension of Cheese Ageing Cave

    Emmi Completes Extension of Cheese Ageing Cave

Swiss dairy company Emmi has completed the extension of its cheese-ageing cave in Kalthbach in response to growing demand for Kaltbach cheese specialities in Switzerland and abroad. Over the last two years the facility has been extended by 1,300 metres. Some 1,800 tonnes of Kaltbach cheese were sold in 2009 with 38% on the home […]

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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 facility will focus on innovation and new product development for many of Kraft Foods’ confectionery brands, including the world’s leading gum brand Trident and the world’s leading candy brand Halls, as well as other brands […]

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Emmi Strengthens Domestic Swiss Business

    Emmi Strengthens Domestic Swiss Business

Swiss dairy company Emmi has joined forces with MIBA, a group of milk producers in north-western Switzerland, to invest SFr2m to purchase and reopen the former Regio Milch beider Basel plant in Frenkendorf, which was closed in June 2010. Beginning in the spring of 2011, Emmi will produce a line of dairy products in Frenkendorf […]

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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 down by 0.5% to SFr1.27b for the first half of 2010. The profit margin was 3.1 % and Emmi anticipates stable sales for the second half of the year, with the margin remaining at around […]

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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 Fribourg will close down by June 2011. The move is part of the ongoing optimisation of the production network across the Carlsberg Group.
Volume is being transferred from Switzerland to the brewery in Obernai in France, […]

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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 was worth about $26b in 2008. The largest markets are in descending order Germany, France, the UK and Italy as they represent 72% of European organic sales. The highest market share and sales per person […]

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Hero Disposes of French Fruit Dessert Business

Swiss and international consumer food group Hero is selling its French fruit dessert business to Charles Faraud, which is majority owned by CIC-Banque de Vizille. The transaction will be completed at the beginning of September. Charles Faraud is a specialist in fruit desserts and is especially strong in the food service channel in France. Acquiring […]

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Packaging Relaunch and Repositioning by Emmi

    Packaging Relaunch and Repositioning by Emmi

Swiss dairy processor Emmi is repositioning its products under the ‘Emmi’ umbrella brand. Typical Swiss symbols and the silhouette of a mountain peak in red and white are the key elements of the new packaging. For the first time, well-established products from the white (dairy and fresh products) and yellow (cheese) ranges will come under […]

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Emmi to Use Swiss National Day to Promote New Umbrella Brand

Switzerland celebrates its birthday on August 1st. Together with internationally renowned light artist Gerry Hofstetter, Emmi, the country’s largest dairy group, is giving the Swiss population a special present to mark the occasion. The artist will illuminate well-known buildings in all four corners of the country on 1st August 2010. The light installations play on […]

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Aryzta Completes Acquisition of Fresh Start Bakeries

    Aryzta Completes Acquisition of Fresh Start Bakeries

Aryzta, the Switzerland-based speciality bakery group with operations in Europe, North America, South East Asia and Australia, has received all necessary regulatory clearances to complete its $900m acquisition of Fresh Start Bakeries (incorporating Pennant Food and Sweet Life).
Operating 29 specialist production facilities across the US, Canada, Germany, Poland, Sweden, Spain, Brazil, Australia and New Zealand […]

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