Swiss dairy group Emmi has posted a 2.7% increase in net sales to SFr1.31 billion (Eur1.12 billion) in the first half of 2011 in line with forecasts. Earnings before interest and taxes (EBIT)
UK alcohol consumption in 2010 remains far lower than it was six years ago, with consumption continuing to flat-line. While there was a small 0.6% rise in UK consumption per
Probiotic bacteria have the potential to alter brain neurochemistry and treat anxiety and depression-related disorders, according to research just published in the prestigious international journal Proceedings of the National Academy
Nestle will invest more than SFr98 million (Eur83 million) in Thailand to increase manufacturing of its products including coffee and ice cream. The two year investment will support the expansion
Barclays has launched a £100 million fund for UK farmers investing in renewable energy, tracking the massive groundswell of interest from farmers seeking to cut energy bills and generate new
Belgium-based biscuits and cakes manufacturer Lotus Bakeries increased consolidated turnover by 5% to Eur133.6m in the first half of 2011. On a like-for-like basis, taking into account the termination of
Despite uncertain conditions arising from geopolitical unrest in Africa and the Middle East, Bel Group increased sales by 4.7% to Eur1.22 billion in the first half of 2011. However, operating
International Flavors & Fragrances is to further expand its Caplock production line at its European Centre of Excellence for Flavor Delivery Systems and Encapsulation in Haverhill, UK. This increased capacity
Buoyed by strong growth in emerging markets, particularly by its Scotch whisky brands, Diageo has achieved 5% organic growth in both net sales to £9.94 billion and in operating profit
Nestle has been crowned as the winner of the 2011 Stockholm Industry Water Award. Recognising Nestle for its leadership, performance and efforts to improve the water management in its supply
Following the expected spin-off of its home and security business on October 3rd, Fortune Brands remaining spirits operation will be renamed Beam. The spin-off company will operate as Fortune Brands Home
Despite a solid first half performance, Heineken has cautioned that profit for the full year will be flat. Heineken achieved organic growth in group beer volume of 4.2% to 104.1m
Buoyed by strong global dairy markets, good demand in key nutritional sectors and first time contributions from acquisitions, Glanbia, the Irish and international nutritional solutions and cheese group, has increased
Today is the peak day of the year for availability of British food, according to Morrisons, the UK’s fourth largest supermarket chain. Over 13 million pieces of fresh British produce
Despite the challenging economic environment, Swiss chocolate confectionery group Lindt & Sprungli has reported a strong performance during the first half of 2011 with sales and profits significantly above the
Nestle will invest more than SFr38 million (Eur33m) to double pet food production at its Purina PetCare factory in Russia’s Kaluga region. The investment in the new manufacturing building at
Pasty baker Peter’s is continuing with its campaign to have the corned beef pasty recognised as a Welsh national dish, and will be heading to the Welsh Assembly on Thursday
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
Foster’s, which is the subject of an A$10 (Eur7b) hostile takeover by SABMiller, has reported a net loss of A$89m for the year ended June 30th last. Impacted by a
SABMiller, through its joint venture with China Resources Enterprise, has strengthened its position within the fast growing Chinese beer market. China Resources Snow Breweries has entered into an agreement with
Cooley Distillery, the independent Irish whiskey distillery, has partnered with The Palace Bar on Fleet Street, one of Dublin’s most famous pubs, to launch The Palace Bar 9 Year Old
Nestle has launched its new Frosty Paws Bites frozen ice cream snacks for dogs in the US. The bites – specially formulated for dogs, who are lactose intolerant and cannot
Frutarom Industries has strengthened its position within the international flavours and specialty fine ingredients market with the acquisition of UK-based
The Coca-Cola Company and its Chinese bottling partners are to invest $4 billion in China over the next three years,
Scottish farmed salmon continues to show record export growth, rising by 37% to 34,840 tonnes in the January to May
Nestle has enhanced its Nutritional Compass product labelling system in an effort to help consumers make more informed choices about
The board of Foster’s intends to advise shareholders to reject SABMiller’s proposed offer of A$4.90 per share in cash. Indeed,
Abbott, the broad-based health care company, will invest $230m (Eur160m) to build a state-of-the-art nutrition manufacturing facility in Jiaxing, China.
Unilever expects to generate more than 70% of group turnover from emerging markets by 2020, up from a current level
Kerry Group, the global ingredients, flavours and consumer foods business, has increased pre-tax profit by 8.0% to Eur175m for the
The latest grocery share figures from Kantar Worldpanel, for the 12 weeks ending 7th August 2011, show the UK grocery
The continuing decline in beer consumption in Russia, Carlsberg’s largest market, has impacted the Danish brewer’s financial performance in the
SABMiller has made a hostile move to acquire Foster’s after its initial offer was rejected by the Australian brewer’s board.
Four major drinks brands have signed up to the Courtauld Commitment, taking the total number of major UK brands, suppliers
Archer Daniels Midland Company is taking another important step in the expansion of its oilseed processing, food manufacturing and biodiesel
Private equity firms Blackstone Group and PAI Partners, which own United Biscuits, are reported to be planning to divide up
Branston, the UK’s leading buyer and packer of potatoes, has installed a £1m water recycling plant at its Ilminster site,
The European Commission has proposed a new regulation establishing a multiannual plan for the sustainable management of Baltic salmon. Scientific
Universal Beverages, a subsidiary of Heineken UK, recently pleaded guilty at Hereford Magistrates’ Court to seven pollution offences. The company,
International brewer Molson Coors is planning to invest £175m in its fourUKsites. It will increase current investment aimed at modernising
SABMiller is reported to be planning to renew its efforts to acquire Australian brewer Foster’s. Foster’s is due to report
Private equity group Permira is reported to be considering floating its Birds Eye Igloo frozen food business early next year.
Heineken has completed the acquisitions of the Bedele and Harar breweries from the government of the Federal Democratic Republic of
Sara Lee has decided to divest its Spanish bakery and French refrigerated dough businesses. A sales process is underway and
Unilever has sold its Ragu and Chicken Tonight sauce brands in theUKandIrelandto Symington’s, the Leeds-based convenience food company. Although the
The UK Office of Fair Trading is imposing fines totalling £49.51 million on four supermarkets and five dairy processors, following
London-based Young & Co has exited brewing after selling its 40% shareholding in Wells & Young’s Brewing Company to Charles
Nestle has produced a solid financial performance in the first half and is predicting organic sales growth at the top
Greggs, the UK’s leading bakery retailer with over 1,500 outlets throughout the country, has reported a 4.2% increase in group
G&J Greenall, the UK’s oldest gin producer, has been sold for £7.5m by De Vere Group to a private equity
UK soft drinks group Nichols has increased profit before tax by 20.4% to £7.2m and sales by 14.4% to £50.5m
Valeo Foods has reached agreement to acquire rival Irish foods business Jacob Fruitfield Food Group for an undisclosed consideration. The
Nestle is connecting with around 2,000 small businesses inEuropethis year as part of its ‘Taste of Home’ campaign. First developed
Premier Food, the UK’s largest food producer, has reported a 28.7% drop in trading profit to £67m for the first
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