According to Unilever, its development strategy is delivering results after the group reported strong growth in the first half of 2011. Turnover for the half-year was up 4.1% to Eur22.8b. Underlying
Provision of child size portions of adult meals in restaurants is an important step forward in tackling Ireland’s childhood obesity levels and is at the heart of a new joint
The adverse impact of commodity costs and continued economic challenges in certain key markets, have resulted in a 23% decline in comparable EBIT to Eur249m at Coca-Cola Hellenic for the
The UK food industry has agreed new guidelines to help consumers increase their intake of fruit and vegetables. A guide, published by IGD, provides a set of principles for businesses
Kraft Foods intends to spin-off of its North American grocery business to shareholders. The move will create two independent public companies – a high-growth global snacks business with estimated revenue
Danone is acquiring Wockhardt Group’s nutrition business for Eur250m to enter the baby nutrition and medical nutrition markets in India. Danone is purchasing Wockhardt’s nutrition business and brands as well
Reflecting the impact of the integration of acquisitions and favourable currency exchange rates, Bonduelle has increased turnover by 10.7% to Eur1.73b for the year ended June 30th 2011. The French
Power and automation giant ABB has secured an order worth $1bn from Dutch-German transmission grid operator TenneT to supply a power link connecting offshore North Sea wind farms to the
Reflecting solid performances across all its business categories and geographical regions, Danone increased consolidated sales by16.3% to Eur9.73b in the first half of 2011 and trading operating income by 6.9%
The 2010/11 milk year was characterised by strong commodity markets although this was not fully reflected in farmgate prices, according to the recent DairyCo Supply Chain Margins report. “The
EU Member States agreed to a Commission proposal to increase the support under the emergency plan for vegetable producers affected by the E-Coli crisis from Eur210m to Eur227m. This will
Diageo has agreed to pay $16m to settle an investigation by the US Securities and Exchange Commission (SEC) into bribery allegations in South Korea, India and Thailand. The SEC claims
Dr Oetker is to construct its first frozen pizza factory in North America. The German-based frozen foods group plans to build the factory in Ontario, Canada, at a cost of
The UK food and beverage manufacturing sector faces an increase in the number of companies facing ‘critical‘ financial problems for the first time. The latest Red Flag Alert issued by
Neil McCann, the former chairman and chief executive of Fyffes, has died. Neil McCann was the driving force behind the creation and development of Fyffes, building it into one of
English regional brewer and pub operator Daniel Thwaites is planning to build a new state-of-the-art brewery, which will provide a platform for long-term growth. The company’s current brewery in Blackburn
Moet Hennessy, the spirits and wine business of luxury goods group LVMH, increased net sales by 10% to Eur1.43b and profit from recurring operations by 27% to Eur413m for the
Pivovarna Lasko, the largest drinks producer in Slovenia, has sold Fructal Lasko, its fruit juice business, for Eur35.3m to Nectar, Serbia’s biggest soft drinks and jam manufacturer. The disposal
UK meat processor Cranswick has cautioned that rising raw material costs undermined its margins and that operating profit for the first half will be below the corresponding period last year.
Rising food prices are forcing UK consumers to make changes to their shopping habits, says Which? A new national survey from the consumer champion found that 84% of people are
Finsbury Food Group, the UK manufacturer of cake, bread and gluten free bakery goods, has reported that the strong organic growth trend established in the first half has continued to
British beer sales in the twelve months to June 2011 fell by 7.1% as the January VAT rise followed by a 7.2% beer duty in the recent Budget flattened the
Princes Group, which is owned by Mitsubishi Corporation, has completed the £182m acquisition of Premier Foods’ East Anglian canning operations
Nestle marked another milestone in its commitment to environmental sustainability by achieving zero waste to landfill at its Kit Kat
Associated Seafoods has concluded its second acquisition within a matter of days following the purchases of scampi-maker Moray Seafoods and
Nestle is celebrating 125 years of its Maggi brand liquid seasoning in Germany by transforming a historic castle tower into
In a climate where food and drink manufacturers are increasingly under pressure to reduce their own food waste, cut packaging
Despite the difficult trading environment, Zetar, the UK confectionery and snack food group, increased revenue by 2% to £135.0m and
Nestle’s ‘farm to factory’ initiative which supports farmers and promotes sustainable development in agriculture worldwide celebrates its ten year anniversary.
Despite the challenging economic conditions, UK dairy co-operative First Milk has managed to increase pre-tax profits from £360,000 to £7.2m
Elaine Willis, one of Linden Food’s senior managers, has been named Young Manager of the Year in the Meat Management
Greene King has beaten fellow UK regional brewer Fuller, Smith & Turner to acquire the Capital Pub Company for £70m.
UK dairy group Dairy Crest has strengthened its spreads business with the £13m acquisition of MH Foods, which manufactures healthy
Unilever is reported to be investing HUF2.2b (Eur8m) to increase production capacity at its ice cream factory at Veszprem in
International dairy group FrieslandCampina has developed Triplet – three varieties of customised milk to suit three different age groups. Research
Nestle Health Science has acquired a minority stake in Vital Foods, a New Zealand-based company that specialises in the development
Farmer co-operatives in Cote d’Ivoire are benefiting from average yield improvements of nearly 50%, a 30% reduction in major pest
The amount of PET plastic bottles collected for recycling across Europe last year rose by more than 6% to reach
Kerry Group, the Irish and international ingredients, flavours and consumer foods group, is in exclusive discussion with Cargill regarding the
In its proposals for a major reform of the EU Common Fisheries Policy (CFP), the European Commission has set out
Premier Foods has appointed Mike Clarke, currently president of Kraft Foods Europe, as chief executive with effect from 1st September
Kraft Foods has named Timothy Cofer, to succeed Michael Clarke as president of its European business. Timothy Cofer will report
Tokyo-based Ajinomoto Co is reorganising its industrial and consumer food products business in Europe. The move is designed to strengthen
Greencore has made a recommended £113m cash offer for Uniq to significantly strengthen its position within the UK convenience foods
A £10m Loan Fund that will help finance anaerobic digestion (AD) infrastructure across England has been introduced. The fund aims
Arla Foods is preparing to strengthen its position in Germany after making an offer to purchase southern German dairy company
Nestle has opened a new pet food factory extension in Hungary producing Purina brands such as Felix, Friskies and Gourmet.
French dairy group Lactalis had secured 83.3% of Parmalat, Italy’s biggest listed food group, at the conclusion of its Eur2.5b
Edrington Group increased turnover by 18.2% to £553.4m and profit before tax (excluding exceptional items) by 19.3% to £141.5m for
Alexandre Ricard, currently chairman and chief executive of Irish Distillers, the Irish whiskey business of Pernod Ricard, has been promoted
The UK’s first ‘super’ anaerobic digestion (AD) plant dealing with food waste has been launched by Biffa, a leading waste
Lactalis has increased its stake in Italian dairy group Parmalat to just over 50%. The French and international dairy giant
Swiss dairy group Emmi is purchasing Rutz Kase, which specialises in the production, ageing and pre-packaging of Swiss semi-hard and