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Posts From mike

The Coca-Cola Company Plans Two-for-One Stock Split

    The Coca-Cola Company Plans Two-for-One Stock Split

The board of The Coca-Cola Company has recommend a two-for-one stock split to shareowners. The split would be the 11th in the stock’s 92-year history and the first in 16

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Cooking Skills Off the Boil – A Quarter of 16-24s Find it Hard to Cook Pasta

    Cooking Skills Off the Boil – A Quarter of 16-24s Find it Hard to Cook Pasta

While celebrity chefs across Britain have spent recent years on a mission to make cooking more accessible, it appears youngsters still have a way to go when cooking the basic

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Strong Sales Performance by Remy Cointreau

    Strong Sales Performance by Remy Cointreau

French drinks group Remy Cointreau has reported a 13% increase in full year turnover to Eur1.03 billion, including a 21.9% rise in Remy Martin sales to Eur592.5 million. All regions

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Taste Boost For Butter Biscuits as Kerry Launches New Beatreme Range

    Taste Boost For Butter Biscuits as Kerry Launches New Beatreme Range

Kerry Ingredients & Flavours has launched a Butter and Cream range within its Beatreme™ line of cream, butter and cultured dairy powders. This new range provides a butter-boosting solution specifically

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Sugar Drives Associated British Foods

    Sugar Drives Associated British Foods

Buoyed by strong performances from its sugar business and its Primark retail arm, Associated British Foods has reported a 3% rise in profit before tax to £329 million on group

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Nestle Joins Research Effort to Further Improve Products’ Environmental Performance

    Nestle Joins Research Effort to Further Improve Products’ Environmental Performance

Nestle is joining a new research partnership between industry and academia that aims to improve the environmental performance of consumer products and services. The company is the only global food

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Central European Beverage Alliance

    Central European Beverage Alliance

Central European Distribution Corporation (CEDC) has formed a strategic alliance with Russian Standard Corporation, which will invest $100 million in CEDC. CEDC is one of the largest producers of vodka

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Beam Extends Presence in Vodka Category With $605 Million Deal

    Beam Extends Presence in Vodka Category With $605 Million Deal

Beam, the US-based global spirits group, is acquiring the fast-growing Pinnacle Vodka and Calico Jack rum brands and other related assets for $605 million in cash from White Rock Distilleries.

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Coca-Cola Enterprises Announces Suppliers of the Year

    Coca-Cola Enterprises Announces Suppliers of the Year

Ball Packaging Europe, Krones and Klimasan have been recognised for their performance in quality, service, value and corporate responsibility and sustainability by Coca-Cola Enterprises and have been named as the

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Building a Vibrant, Sustainable UK Dairy Industry

    Building a Vibrant, Sustainable UK Dairy Industry

18 months ago, over 40 organisations and people from right across the UK dairy supply chain came together to create a common vision for a sustainable dairy industry. The Dairy

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Converting Agricultural Waste into Lactic Acid

    Converting Agricultural Waste into Lactic Acid

An Irish greentech company, Sustainable Biopolymers (trading as Cellulac), has been approved for a record Eur2.8 million grant from the European Commission to commercialise its biorefining technology that converts agricultural

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The Inaugural CIO & IT Leaders Summit – Thursday, May 17th, 2012 – Croke Park, Dublin

    The Inaugural CIO & IT Leaders Summit – Thursday, May 17th, 2012 – Croke Park, Dublin

As the sources of competitive advantage become even more connected to technology, the CIO’s contribution to the health and strategic direction of the business is critical like it has never

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Nestle to Acquire Pfizer Nutrition For $11.85 Billion

    Nestle to Acquire Pfizer Nutrition For $11.85 Billion

In a strategic move to enhance its position in global infant nutrition, Nestle has agreed to acquire Pfizer Nutrition for $11.85 billion (Eur9.01 billion). Nestle estimates Pfizer Nutrition’s 2012 sales

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Directorate and Senior Management Changes at SABMiller

    Directorate and Senior Management Changes at SABMiller

SABMiller has announced a number of directorate and senior management changes that will all become effective from the date of this year’s annual general meeting on 26 July 2012. Meyer

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United Coffee Sold to Japanese Group

    United Coffee Sold to Japanese Group

United Coffee, Europe’s leading independent coffee group, is being sold by private equity fund, CapVest Equity Partners, to UCC Holdings, Japan’s leading coffee company. The transaction is expected to complete

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Kellogg Recognised For Commitment to Integrity and Responsible Behavior

    Kellogg Recognised For Commitment to Integrity and Responsible Behavior

Kellogg Company’s commitment to acting responsibly and with integrity has earned recognition from two of the world’s leading organisations devoted to measuring companies’ ability to live up to their expressed

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FDL Builds Relationship to Last With AST

    FDL Builds Relationship to Last With AST

UK single-source packaging solutions provider, FDL Packaging Group of Haydock, Merseyside, has been named exclusive UK distributor for AST Plastic Containers, the German leader in blow-moulded plastic packaging. The new

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Cargill Unveils $82 Million Upgrade to Cocoa Processing Facility in The Netherlands

    Cargill Unveils $82 Million Upgrade to Cocoa Processing Facility in The Netherlands

Cargill’s cocoa and chocolate business has officially marked the completion of upgrades to its cocoa processing facility in Wormer, the Netherlands following a $82 million (Eur57 million) investment. Cargill has

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University College Dublin Signs MOU With Leading Chinese Dairy Producer

    University College Dublin Signs MOU With Leading Chinese Dairy Producer

University College Dublin (UCD) has signed a memorandum of understanding (MOU) with a leading Chinese dairy producer Dairy United. The MOU which will result in multi-million euro contracts for products

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SABMiller’s Lager Volumes Decline in Europe

    SABMiller’s Lager Volumes Decline in Europe

Global brewer SABMiller has reported a 1% organic decline in full year lager volumes in Europe as beer market growth continued to be subdued and competitors aggressively promoted economy brands

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Nutriose Soluble Fibre Honoured With Frost & Sullivan Award

    Nutriose Soluble Fibre Honoured With Frost & Sullivan Award

The international business research and strategy consulting firm Frost & Sullivan has just given the 2011 Award for ‘European food fibre ingredients customer value enhancement’ to Roqutte for its Nutriose

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Arla Foods UK Appoints Contractors For New £150 Million Dairy

    Arla Foods UK Appoints Contractors For New £150 Million Dairy

Arla Foods UK has appointed Caddick Construction and NG Bailey to build its £150 million fresh milk dairy at Aylesbury in England. Caddick Construction has started on site as principal

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WILD Flavors to Acquire Cargill’s Global Juice Blends and Compounds Business

  WILD Flavors to Acquire Cargill’s Global Juice Blends and Compounds Business

Leading natural ingredients company WILD Flavors has agreed to acquire Cargill’s global juice cold blends and compounds business for an

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Tuborg Launched in China For the First Time

  Tuborg Launched in China For the First Time

Following on from last year’s global repositioning of its Carlsberg flagship brand, Carlsberg Group is now in the process of

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Food Firms Throwing Away Invisible Energy

The majority of food manufacturers are literally throwing away thousands of pounds every year in invisible energy, according to Star

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Greencore Strengthens US Foods Business

  Greencore Strengthens US Foods Business

Greencore Group, one of the leading convenience food manufacturers in the UK and Ireland, is strengthening its US business with

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Nestle to Acquire Pfizer Infant Nutrition Business

  Nestle to Acquire Pfizer Infant Nutrition Business

Pharmaceutical giant Pfizer is reported to be close to selling its $1.9 billion annual turnover infant nutrition business to Nestle

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Which? Finds 1 in 5 Supermarket Chickens are Contaminated

  Which? Finds 1 in 5 Supermarket Chickens are Contaminated

One in five supermarket chickens tested by Which? were contaminated with campylobacter and 17% were contaminated with listeria – both

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Heineken to Divest Minority Stake in Dominican Republic Brewery

  Heineken to Divest Minority Stake in Dominican Republic Brewery

Heineken is selling its 9.3% minority shareholding in Cervecería Nacional Dominicana in theDominican Republicfor $237 million to AmBev Brasil, part

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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

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Nestle Professional Rolls Out Viaggi in Europe

  Nestle Professional Rolls Out Viaggi in Europe

Nestle Professional, the Nestle business that supplies the food service out-of-home industry, is rolling out its premium beverage system Viaggi

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Anheuser-Busch InBev Becomes Caribbean Leader With $1.2 Billion Deal

  Anheuser-Busch InBev Becomes Caribbean Leader With $1.2 Billion Deal

Anheuser-Busch InBev has further strengthened its exposure to emerging markets by taking a majority stake in Cerveceria Nacional Dominicana (CND),

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Retail Squeeze Intensifies on UK Food and Drink Manufacturers

  Retail Squeeze Intensifies on UK Food and Drink Manufacturers

Within British manufacturing, particular pressure is being felt by companies that supply the embattled UK retail sector. Some of the

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UK’s First Soft Drink With Stevia

  UK’s First Soft Drink With Stevia

PepsiCo UK and Britvic plan to launch zero-sugar SoBe V Water in the UK later this month. The SoBe V

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Kerry Ingredients & Flavours Opens New Emulsifier Plant in the Netherlands

  Kerry Ingredients & Flavours Opens New Emulsifier Plant in the Netherlands

Kerry Ingredients & Flavours has opened a new emulsifier plant in Zwijndrecht, The Netherlands. The new facility doubles the installed

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New Nescafe Coffee Uses Micro-granules Adapted to Local Tastes

  New Nescafe Coffee Uses Micro-granules Adapted to Local Tastes

Consumers worldwide can enjoy a new premium Nescafe that uses a blend of soluble and finely ground micro-granulated coffee designed

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Carlsberg Sells Brewery Site for €335 Million

  Carlsberg Sells Brewery Site for €335 Million

Carlsberg Group has sold its former brewery site in central Copenhagen for about DKr2.5 billion (Eur335 million) to a consortium

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Food and Drink Industry to Select UK University to Create First Dedicated Engineering Degree

  Food and Drink Industry to Select UK University to Create First Dedicated Engineering Degree

Universities are being invited to compete to partner the UK food and drink industry in developing a dedicated new food

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€6 Billion Irish Food Service Industry Unites

  €6 Billion Irish Food Service Industry Unites

The Irish food service sector has joined forces to create a new industry body – The Irish Foodservice Suppliers Alliance

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OEE ‘Waterfall’ Reports Help Make Production’s ‘Added Value’ Visible

A waterfall might appear to be an unusual model on which to base an OEE production report for the food

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Dairygold to Invest €130 Million in Capacity Expansion

  Dairygold to Invest €130 Million in Capacity Expansion

Irish dairy co-operative Dairygold is preparing to invest Eur130 million in its processing facilities in Malow, Mitchelstown and Mogeely. The

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Raising Awareness About Osteoporosis

  Raising Awareness About Osteoporosis

Nestle is partnering with the International Osteoporosis Foundation (IOF) to help make consumers more aware of what can be done

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£5.6 Million Management Buyout at Lees Foods

  £5.6 Million Management Buyout at Lees Foods

Scottish bakery and confectionery company Lees Foods is the subject of a £5.6 million management buyout, which will take the

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Russian Wine Company is Floated

  Russian Wine Company is Floated

Abrau Durso, the largest sparking wine producer in Russia, has been floated on the Russian stock exchange. The IPO is

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Alcoholic Drinks Continue to Make Gains in Emerging Markets

  Alcoholic Drinks Continue to Make Gains in Emerging Markets

As in 2011, emerging markets will continue to drive alcoholic drinks volume growth in 2012, according to Euromonitor. All four

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Dairygold Reports Strong 2011 Performance

  Dairygold Reports Strong 2011 Performance

Strong returns from international dairy markets and increasing on farm milk production, which created higher processing throughputs, helped Dairygold, the Irish

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Nestle Continues to Develop its Operations in Chile

  Nestle Continues to Develop its Operations in Chile

Nestle has invested more than SFr127 million ($140 million) in a new factory in Chile as part of its continued

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New Appointment by Irish Dairy Board

The Irish Dairy Board (IDB) has appointed Fergal McGarry (pictured) as global marketing and innovation director. Fergal McGarry joins the IDB

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UK Food and Drink Sector Strong Against Poor Economic Backdrop

  UK Food and Drink Sector Strong Against Poor Economic Backdrop

Food and drink manufacturing has remained one of the UK’s few growth industries during the recent economic downturn, with domestic

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Agrana and RWA Juice Joint Venture Approved

  Agrana and RWA Juice Joint Venture Approved

The European Commission has given the green light to Austrian companies Agrana Group and RWA Raiffeisen Ware Austria (RWA) for

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Bord Bia and Tesco Assist Irish Companies to Grow at Retail Level

  Bord Bia and Tesco Assist Irish Companies to Grow at Retail Level

Bord Bia (the Irish Food Board) and Tesco have developed a programme, to help food and drink companies to develop

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Profits and Revenues Rise at Lakeland Dairies

  Profits and Revenues Rise at Lakeland Dairies

Lakeland Dairies, Ireland’s second largest dairy processing co-operative, has reported an 18% increase in revenues to Eur472 million and a

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Cargill Launches New Sustainable Coatings and Fillings

  Cargill Launches New Sustainable Coatings and Fillings

Cargill’s cocoa and chocolate business has launched a new range of sustainable coatings and fillings for the European market, offering

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Carlsberg to Delist Baltika

  Carlsberg to Delist Baltika

Baltika Breweries has filed an application to have its shares delisted from the Russian stock exchange as soon as possible.

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