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Posts From mike

Rising Input Costs Impact Profits at Cranswick

    Rising Input Costs Impact Profits at Cranswick

Cranswick, one of the leading UK suppliers of pork products, has reported a 23% drop in operating profit to £19.0 million on revenue up 3% to £393.9 million for the

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Ball targets premium brands

Ball Packaging Europe is offering a range of aluminium bottles that can be filled on a conventional bottle filling line. The new aluminium bottles offer Ball customers an eye-catching way

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Nestle Continues to Drive Growth in Europe €10 Million Investment in Spain

    Nestle Continues to Drive Growth in Europe €10 Million Investment in Spain

Nestle is continuing to drive its growth in Europe with a €10 million (more than SFr12 million) investment to produce different varieties of chocolate in Spain. The company has installed

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New ISO Standard on Traceability of Fish Products to Improve Food Safety

    New ISO Standard on Traceability of Fish Products to Improve Food Safety

The use of a new ISO standard on the traceability of finfish products is intended to help improve food safety by supplying stakeholders throughout the supply chain with accurate information

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Ilkka Dunder Appointed Technical Director of Tetra Pak in UK and Ireland

Tetra Pak, the world’s leading food processing and packaging company has announced the recent appointment of Ilkka Dunder (pictured) as Technical Director of the UK and Ireland sites. Ilkka joins the

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Barry Callebaut enters into joint venture in Indonesia

Barry Callebaut, a manufacturer of cocoa and chocolate products, and PT Comextra Majora, a diversified soft commodities trader and an exporter of cocoa from Indonesia, have entered into a joint

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C&C Group Acquires Number Two US Cider Brand

    C&C Group Acquires Number Two US Cider Brand

UK and Irish beverages producer C&C Group has acquired Hornsby’s, the number two domestic US cider brand, from E & J Gallo Winery, for a cash consideration of up to

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IDB Acquires US Cheese Ingredients Business

    IDB Acquires US Cheese Ingredients Business

The Irish Dairy Board has strengthened its presence in the US with the acquisition of Thiel Cheese & Ingredients for an undisclosed sum. Thiel is a well established and leading

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Cargill Continues to Support Cocoa Sector in Cote d’Ivoire

    Cargill Continues to Support Cocoa Sector in Cote d’Ivoire

Cargill’s cocoa and chocolate business has agreed a memorandum of understanding that underlines its continued support for Ivorian cocoa farmers and the development of the country’s cocoa sector. Cargill will

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EU Approves Arla’s German Acquisition

    EU Approves Arla’s German Acquisition

The EU’s competition authorities have given the go-ahead for Arla Foods’ acquisition of Allgauland-Kasereien in Southern Germany. Allgauland-Kasereien will now become a member of the Arla Group after Allgauland’s milk

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Grupo Bimbo Completes Acquisition of Sara Lee’s North American Business

    Grupo Bimbo Completes Acquisition of Sara Lee’s North American Business

Grupo Bimbo has just completed the acquisition of Sara Lee’s fresh bakery business in North America. The deal, which has an enterprise value of $959 million, was originally announced in

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PepsiCo Enters Strategic Alliance in China

    PepsiCo Enters Strategic Alliance in China

PepsiCo has agreed to form a strategic alliance with Tingyi Holding, one of the major food and beverage companies in China. Tingyi’s beverage subsidiary, Tingyi-Asahi Beverages Holding (TAB), will become

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Olympus Opens €55 Million Romanian Dairy

    Olympus Opens €55 Million Romanian Dairy

Greek dairy producer Olympus has opened its first greenfield factory in Romania at a cost of Eur55 million, representing the company’s largest investment outside Greece. Located at Halchiu in Brascov

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US Private Equity Firm Eyes Greencore

    US Private Equity Firm Eyes Greencore

US private equity firm Clayton Dubilier & Rice is reported to have made an approach to buy Greencore, one of the leading convenience food processors in the UK. CD&R specialises

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Coffee market chilled out

While the ready-to-drink or iced coffee market is relatively mature and showing only modest growth in much of Asia, levels of interest elsewhere in the world appear to be growing,

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PepsiCo Expands in Brazil

    PepsiCo Expands in Brazil

Reflecting its strategy of expanding in emerging markets, PepsiCo is reported to have acquired Mabel, one of Brazil’s leading biscuit manufacturers, in a deal worth between 800 million and 900

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Beam Reaches Major Milestone in Bourbon

    Beam Reaches Major Milestone in Bourbon

Leading global spirits group Beam recently celebrated the filling of its 12 millionth barrel of bourbon since the repeal of Prohibition in the US in 1933. The commemorative white oak

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Sainsbury’s Becomes Largest UK Retail User of AD

    Sainsbury’s Becomes Largest UK Retail User of AD

Sainsbury’s has become the UK’s largest anaerobic digestion (AD) retailer after signing a ground breaking deal with Biffa, the waste management specialist. The three year deal means all food waste

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Dunbia Extends Pork Business

    Dunbia Extends Pork Business

British and Irish meat processor Dunbia has expanded its operations through the purchase of English pork business Heathfield Foods. The deal increases the total number of processing facilities in the Dunbia Group

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$2.4 Billion Pringles Acquisition Delayed

    $2.4 Billion Pringles Acquisition Delayed

US-based snack foods group Diamond Foods is delaying its acquisition of Pringles from Procter & Gamble. The $2.35 billion deal was agreed in April 2011 and was expected to close

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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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Sara Lee Close to Disposing of French Bakery Unit

    Sara Lee Close to Disposing of French Bakery Unit

Sara Lee is reported to be in negotiations to sell Eurodough, its French baked goods unit, as part of the US-based group’s strategy to divest its international bakery businesses. With

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Scottish Government to Introduce Minimum Alcohol Pricing

  Scottish Government to Introduce Minimum Alcohol Pricing

The Scottish Government has published its Alcohol (Minimum Pricing) Bill, which looks to set a minimum price for a unit

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New Innovations From Palsgaard at FIE 2011

At the upcoming FIE, Danish manufacturer of emulsifier and stabilizer based systems, Palsgaard, will present new innovations within all of

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Natural Ingredients From Fortivia

  Natural Ingredients From Fortivia

Fortivia is a natural ingredients supplier specialized in rice by-products valorization. Its expertise in rice industry has been expended through

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Unilever Sells North American Food Brands

  Unilever Sells North American Food Brands

Unilever has agreed to sell its Culver Specialty Brands division, in the US and Canada for $325 million (Eur230 million)

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Changes to Leadership Team at Premier Foods

  Changes to Leadership Team at Premier Foods

UK food group Premier Foods has announced changes to its leadership team to strengthen focus on the company’s renewed growth

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Kraft Foods to Invest $100 Million to Expand in Russia

  Kraft Foods to Invest $100 Million to Expand in Russia

Kraft Foods plans to invest $100 million to more than double the capacity of its coffee production plant at Gorelovo

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Ferrero Opens Plant in India and Plans One For Turkey

  Ferrero Opens Plant in India and Plans One For Turkey

Having recently opened a confectionery plant in India, Ferrero is now planning to build a new factory in Turkey. Earmarked

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Coca-Cola Tightens Grip on North American Bottling

  Coca-Cola Tightens Grip on North American Bottling

The Coca-Cola Company is further tightening control over its North American bottling operations with the acquisition of Great Plains Coca-Cola

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Import services launch new Southampton port centric warehouse facility

More than 100 logistics professionals attended the VIP launch of Import Services’ new port-centric warehouse, a superb facility, adjacent to

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European Business News – Week ending October 29, 2010

Russia has been in the news lately with PepsiCo announcing plans to build a $140m factory, its tenth plant in

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Vandemoortele to Extend Margarines and Fats Business

  Vandemoortele to Extend Margarines and Fats Business

Belgium-based Vandemoortele Group, which specialises in the production of frozen bakery products and margarines and fats, is acquiring the margarine

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Austrian Dairy Merger

  Austrian Dairy Merger

Austria’s largest and fourth biggest dairy groups, Berglandmilch and Tirol Milch respectively, are planning to merge. The deal is subject

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Emmi Strengthens Position in Swiss Cheese

  Emmi Strengthens Position in Swiss Cheese

Emmi has consolidated its position within the Swiss cheese market following approval of its proposed acquisition of Fromalp by the

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Aryzta Makes Strategic Acquisitions Worth $1.08b

  Aryzta Makes Strategic Acquisitions Worth $1.08b

Switzerland-based speciality bakery group Aryzta has made two strategic acquisitions to significantly strengthen its position in Europe, North America and

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Dairy Crest Reduces stake in Wexford Creamery

Dairy Crest has reduced its stake in its Irish dairy joint venture, Wexford Creamery, from 80% to 30%. Wexford Milk

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Danone Bolsters US Medical Nutrition Business

  Danone Bolsters US Medical Nutrition Business

Danone is acquiring Medical Nutrition USA for $ 62m in cash. MNI introduced the concept of liquid protein supplements for

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Valio Opens New €40m Butter Plant in Finland

  Valio Opens New €40m Butter Plant in Finland

Finnish dairy group Valio has officially opened a new Eur40m butter facility at its plant at Seinajoki. According to Valio,

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Carlsberg to Increase Stake in Chinese Brewer

  Carlsberg to Increase Stake in Chinese Brewer

Carlsberg is increasing its shareholding in Chongqing Brewery Co from 17.5% to 29.7%. The purchase price for the 12.25% stake

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Private Equity Group Grabs Plum Baby

Darwin Private Equity has completed the acquisition of UK organic baby food business Plum Baby for £10m. Launched in 2006

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R&R Ice Cream Increases Presence in Mainland Europe

  R&R Ice Cream Increases Presence in Mainland Europe

R&R Ice Cream, with operations in the UK and Germany, is expanding its international business with the proposed acquisition of

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Sodiaal Closes in on Acquisition of Entremont Alliance

French dairy group Sodiaal has reached a preliminary agreement to acquire Entremont Alliance, its loss making rival. The deal would

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Raisio Launches Benecol Bread in Romania

Finnish food group Raisio has introduced Dobrogea Benecol, a cholesterol lowering bread, in the Romanian market. Launched by Raisio’s Romanian

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Danone and Unimilk to Create Leading Dairy Business in Russia and the CIS

  Danone and Unimilk to Create Leading Dairy Business in Russia and the CIS

Global food giant Danone is to merge its fresh dairy products business in the CIS area with Unimilk, Russia’s second

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Cognac Fortifies Remy Cointreau

  Cognac Fortifies Remy Cointreau

Helped by a strong performance from its cognac division, French drinks group Remy Cointreau has reported a 7.2% organic growth

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Britvic Completes €237m French Acquisition

  Britvic Completes €237m French Acquisition

In line with its ambitions to expand internationally, UK-based Britvic has acquired Fruite, an independent French soft drinks producer with

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