PepsiCo will begin testing a new reduced-sugar cola, Pepsi NEXT, in the US in July. Pepsi NEXT was created for consumers who seek the rich taste of full-calorie cola but
Driven by a strong performance from its managed pubs and hotels business, London-based regional brewer and pub operator Fuller, Smith & Turner increased profit before tax by 16% to £31.0m
Building on record earnings and operating income in its 2011 financial year, Brown-Forman anticipates continued underlying operating income growth for 2012. The US-based international spirits and wine group reported net
The global functional food market is continuing to exhibit healthy growth. Leatherhead Food Research’s latest report – Future Directions for the Global Functional Foods Market – values the functional foods
European dairy groups dominated the business news during the past week. Fresh from its acquisition of North German dairy co-operative Hansa-Milch, Arla Foods entered merger talks with fellow Scandinavian farmers
The boards of Milko and Arla Foods are discussing a proposed merger of the two Scandinavian dairy co-operatives. Following an unsatisfactory profit performance in 2011 and in order to avoid
Swiss dairy company Emmi is acquiring A-27, an Italian company which produces and distributes high-quality dessert specialities, for an undisclosed sum. A-27’s products are sold under the Bonta Divina brand
The Nestle Research Center in Switzerland will collaborate with King’s College London on a joint research project into the relationship between food and genes. Due to begin later this year,
Fingal County Council has recently announced a new food industries park plan, set for construction on a 113-hectare site beside Dublin Airport. Fingal Co. Co. hope that ‘Food Central’ will
Reflecting higher selling prices, a better mix of products and a 5% increase in the volume of milk handled to just over 1.5 billion litres, UK dairy co-operative Milk Link
High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012, according to the latest analysis published in the UN Food and
An increase in the excise duty on beer and adverse economic conditions in its domestic market have hit sales and profits at Plzensky Prazdrof, the Czech brewer which produces the
Nestle is the winner of the 2011 Stockholm Industry Water Award for its leadership, performance, and efforts to improve the water management in its supply chain. Awarded by the Stockholm
Moscow Brewing Company has signed a 20-year deal with Kirin Holdings of Japan for the licensed production of Kirin Ichiban beer in Russia. The brand will be produced at the
With sales of biscuits, cookies and crackers having increased 22% over the past five years to reach a delicious £2.2 billion in 2010, Mintel forecasts that the UK biscuit market
A KPMG study into the Irish processing sector reveals that low profitability of the sector may force it to switch to a different milk pricing structure. The report, conducted on
Vitiva, Slovenia, will highlight its Oxidation Management System solutions at the IFT 2011 Food Expo in New Orleans, PLThomas booth #4329. The showcase will include SyneRO®, AquaROX® and INOLENS® brands
PepsiCo has announced an open call for digital entrepreneurs across Europe to apply to take part in ‘PepsiCo10’, an innovation incubator program designed to discover and support emerging technology companies
Dairy company FrieslandCampina Benelux, food producer HJ Heinz Benelux and logistics service provider Nabuurs have launched an initiative to further increase the efficiency of their supply activities in the Netherlands.
Athens-based Coca-Cola Hellenic, one of the largest Coca-Cola bottlers globally, has denied recent media speculation regarding its potential relocation. Coca-Cola Hellenic has been bottling and selling its products in the
Diageo, through its subsidiary East African Breweries, has agreed to purchase SABMiller’s 20% shareholding in Kenya Breweries for $225m. The deal is subject to EAB disposing of its 20% shareholding
The European Commision (EC) has told Twinings Tea makers that they will not be receiving a £10 million grant for the construction of a new plant in Poland. The controversy
Dairy co-operative First Milk has purchased Kingdom Cheese and Kingdom Dairies, both based in Fife in Scotland, in a move
A broken food system and environmental crises are now reversing decades of progress against hunger, according to new Oxfam analysis.
Nestle has installed a unique solar power system to produce its Coppa del Nonno ice cream brand in Italy. The
London-based Little Dish, which produces fresh children’s meals, is set to double retail sales in the next two years and
The Irish Government has allocated grant aid of Eur1.7m for 18 companies towards a total investment package of Eur7.4m to
PepsiCo UK is investing £8.5 million in its Quaker Oats site at Cupar in Fife, Scotland, in order to meet
A new report has recognised how the food and drink manufacturing sector is now a major contributor to the UK
Valeo Foods’ have proposed a takeover of the Jacob Fruitfield business. This would make it one of the largest indigenous
Britvic Ireland recently saw revenues decline by 5.3% to £81.9 million, in the six months ending April 28. The company
The Spanish government has released a statement stating how furious it is over allegations that it is the source of
Åke Hantoft from Sweden will succeed Ove Møberg from Denmark as chairman of Arla Foods following Ove Møberg’s decision to
HJ Heinz has achieved record sales and net income of $10.7b and $990m respectively in its 2011 financial year, while
Nestle Health Science has agreed to acquire Prometheus Laboratories, a San Diego-based company. Prometheus specialises in diagnostics and in-licensed specialty
Nestle has opened a new seasoning production line at its Maggi factory in Dongguan, China, marking the completion of the
Stock Spirits Group (SSG), Central Europe’s leading branded spirits and liqueurs business, has won another five industry awards. Stock Prestige, launched
As part of a wider restructuring of its European operations, Diageo is reviewing its operations in Ireland, where it employs
The Board of Glanbia plc, the international nutritional solutions and cheese group, today elected Mr. Henry Corbally as Vice-Chairman of
Greencore, the UK and international convenience food group, has reported a 2.2% decline in operating profit to Eur27.0m on a
Leatherhead Food Research has joined forces with Reading University, Birmingham University and Rothamsted Research to launch an exciting new training
Nestle Professional has expanded its presence in the food service industry by investing €35m to extend its premium frozen baked
Based in Kent, England, Fourayes has spent around £300,000 on a fruit purée line and a further £400,000 on a
French vegetable processor Bonduelle has opened its latest production unit at San Paolo d’Argon in Italy. With a production capacity
Although turnover slipped by 2% to £1.61b for year ended March 31st 2011, Dairy Crest managed to increase adjusted profit
Global brewer SABMiller has reported a 7% rise in group revenue to $28.3b, with organic, constant currency group revenue growth
Branston, one of the largest farmer-controlled fresh produce groups in the UK, has retained the Carbon Trust Standard. In 2008
Northern Ireland-based SHS Group has expanded into the cordials and squash market after acquiring a majority shareholding in Bottlegreen Holdings
The European Bank for Reconstruction and Development has invested Eur10m to acquire a minority stake in Hlebprom, a leading Russian
US-based food group General Mills has signed definitive agreements with European private equity firm PAI partners and Sodiaal to acquire
Year-on-year volume growth of 4% for its Magners cider brand, including 3.6% growth in Great Britain and 33.8% export growth,
SABMiller today announces that it has commissioned a £3 million global brewing research facility in Nottingham, with the aim of
UK meat processor Cranswick increased pre-tax profit by 8% to £47.1m for the year ended March 31st 2011 on underlying
Greggs, the UK’s largest retail bakery, is on track to expand its number of shops by approximately 80 during its
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