Heineken is reported to be considering making an offer to acquire Primo Schincariol Industria de Cervejas Refrigerantes, the second largest brewer in Brazil behind Anheuser-Busch InBev. Primo Schincariol Industria de
Greenergy, a privately owned company that supplies one fifth of Britain’s road fuel, has begun producing biodiesel from food waste. In a unique partnership with Brocklesby, a specialist in recycling
To mark the 125th anniversary of its flagship Coca-Cola brand on May 8th, The Coca-Cola Company has embarked upon an extensive series of innovative, cultural events and exclusive collaborations throughout
Following a good start to 2011 despite the continued challenging economic environment, Swiss dairy group Emmi expects to increase net sales by 3% to 5% overall during its current financial
Nestle Waters is expanding its portfolio of bottled water to include high quality iced teas, lemonades and juices through acquisition. Nestle Waters North America is acquiring the Sweet Leaf Tea
Heineken has announced the successful closing of a new Revolving Credit Facility for an amount of Eur2b with a syndicate of 17 banks. The new multi-currency facility replaces Heineken’s existing
Cocoa and chocolate made food news headlines during the past week. Nestle announced the extension of its Aero chocolate bar into the biscuit sector in the UK and Ireland with
Greater focus on its priority brands and increased investment in emerging markets has allowed Diageo to deliver 7% organic net sales growth in its third quarter, and to increase sales
Global soft drinks and snacks giant PepsiCo has declared its thirty-ninth consecutive annual dividend increase, by lifting the current annual rate from $1.92 to $2.06 per share on the group’s
Following a solid third quarter, Pernod Ricard has confirmed its targets for the full 2010/11 and 2011/12 financial years. Over the first nine months of the 2010/11 financial year (to
In line with its strategy of increasing exposure to emerging markets, Heineken is acquiring two breweries in Ethiopia, after being named the preferred bidder by the Ethiopian Government following a
Malcolm Wyman, chief financial officer of SABMiller, has confirmed his intention to retire from the company at the end of August 2011, and will stand down from the board on
UK-based soft drink group Nichols is completely updating the packaging and introducing a new, multi-media advertising campaign for its flagship Vimto brand. Following a successful 2010 when it increased profit
UK confectionery manufacturer and retailer Thorntons has warned that poor trading over the important Easter period coupled with the ongoing challenging retail environment will result in profit before tax and
In 2010 the functional food market was worth $24 billion and it is growing by approximately 14% per annum. In the last five years the number of new product introductions
Tate & Lyle has entered into a five-year strategic partnership agreement with New Zealand-based BioVittoria for the exclusive global marketing and distribution rights for BioVittoria’s monk fruit. The only fruit-based
International experts will gather at next month’s Vitafoods Europe Discussion Forum to debate the top 10 opportunities and challenges for bringing functional foods and supplements to market in the next
DuPont, the global science group, has increased the price of its tender offer to acquire all of the outstanding shares of Danisco, the enzyme and specialty food ingredients company, by
Swiss food group Orior, through its Fredag subsidiary, has acquired Bernatur, the leading tofu producer in Switzerland, for an undisclosed price. Bernatur employs approximately ten people and has a production
The European Commission has cleared Cargill’s acquisition of KG Kakao Verarbeitung Berlin (KVB), an integrated chocolate company based in Germany,
Cereal Partners Worldwide (CPW), a joint venture between Nestle and General Mills, will invest SFr35m (Eur27m) over two years in
On May 8th, The Coca-Cola Company will celebrate the 125th anniversary of its iconic, flagship brand. From selling just nine
Food, personal care and home care group Unilever has delivered its fifth consecutive quarter of growth as its transformation strategy
Beer sales fell by 3.8 per cent in the first quarter of 2011 compared with the same period in 2010,
Gumlink of Denmark has strengthened its leading position in the global nutraceutical chewing gum market by acquiring a 50% stake
With products such as sports and energy drinks now entering the mainstream, the global market for sports nutrition and performance
Premier Foods has announced that its chief executive, Robert Schofield, intends to retire on the appointment of his successor or
Associated British Foods has achieved a 5% rise in adjusted operating profit to £390m on group revenue ahead by 9%
The latest UK grocery share figures from Kantar Worldpanel, for the 12 weeks ending 17 April 2011, show stellar performances
UK regional brewer and pub operator Greene King has completed the £53.1m acquisition of Realpubs in line with its strategy
Uniq, the UK convenience food group, has continued the improvement in its financial performance by reporting an operating profit before
French dairy group Lactalis, which already owns 29% of Parmalat, has made a Eur3.38b offer for the remaining shares in
The Coca-Cola Company has announced the addition of Del Valle, its Latin American juice brand, to its portfolio of brands
Tate & Lyle is disposing of its sugar interests in Vietnam to TH Milk Food Joint Stock Company, a local Vietnamese
Zetar, the UK confectionery and snack foods company, has acquired Derwent Lynton for a maximum consideration of up to £0.8m.
Global brewer SABMiller has reported that its lager volume in Europe declined by 3% in the 12 months to March
VION, Europe’s largest meat group, is proposing to re-structure its British sausage processing business which will result in the transfer
Ireland-based international food ingredients manufacturer Carbery Group has reported a 22% rise in turnover to Eur224.3m in 2010. The group
English Midlands-based Bakery Products has acquired Woodhead Bakery and 11 of its retail outlets from the administrators. Bakery Products is
UK dairy co-operative Milk Link has commenced work on the first phase of a new production facility at its Cornish
UK prices of food and non-alcoholic beverages fell by 1.4% between February and March this year compared with a rise
Carlsberg has appointed Peter Ernsting as senior vice president, Group Supply Chain, and as a member of Carlsberg’s executive committee.
Arla Foods is to rationalise its yellow cheese production to counter international competition and declining milk volumes in Sweden. The
Findus Group, one of the leading frozen food businesses in Europe with sales over Eur1.3b, is reported to be renegotiating
SABMiller is investing an additional $15m in its operations in South Sudan to increase production capacity and build on the
Ove Moberg is retiring as chairman of Arla Foods on May 26th. with effect from the next ordinary meeting of
The Ardo and Bonduelle groups are to set up a joint venture to supply frozen vegetables to the Spanish and
The cost of buying and throwing away good food and drink reached £13.7 billion last year, reveals new analysis by
The biggest news story of the week was Diamond Foods’ $2.35 billion (Eur1.6b) takeover of Pringles to triple in scale
Reduced margins at its DPI US speciality food business were behind a sharp drop in EBITA by a third to