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New Report Highlights Water and Carbon Impact of Wasted Food

    New Report Highlights Water and Carbon Impact of Wasted Food

The water and carbon footprint of wasted household food in the UK has been identified for the first time, highlighting the major environmental consequences of food waste, both domestically and

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PepsiCo and Strauss Group to Establish Joint Venture

    PepsiCo and Strauss Group to Establish Joint Venture

PepsiCo and Strauss Group, Israel’s second-largest food and beverage company, are to form a joint venture partnership that will produce and sell fresh dips and spreads in key markets outside

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DMK and Arla Foods to Invest €44 Million in Whey Processing Partnership

    DMK and Arla Foods to Invest €44 Million in Whey Processing Partnership

DMK (which is being created by the merger of Nordmilch and Humana) and Arla Foods will establish a 50/50 joint venture to process whey for the global food manufacturing industry.

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General Mills Close to Yoplait Acquisition

    General Mills Close to Yoplait Acquisition

US-based food group General Mills has entered into exclusive negotiations with PAI Partners and Sodiaal to purchase a 50% stake in Yoplait, the international yoghurt business. Private equity company PAI

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Resilient Performance by Shepherd Neame

    Resilient Performance by Shepherd Neame

Shepherd Neame, the UK regional brewer and pub operator, has increased turnover by 1.6% to £61.7m for the 26 weeks ended December 25th 2010. Operating profit was flat at £6.4m.

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European Business News – Week ending March 18, 2011

Food business entrepreneur Ranjit Singh Boparan, chief executive of Boparan Holdings, which incorporates 2 Sisters Food Group, one of Europe’s largest poultry processors, is nearing completion of his audacious £342

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Solid 2010 Performance by Royal FrieslandCampina

    Solid 2010 Performance by Royal FrieslandCampina

Dutch dairy co-operative Royal FrieslandCampina increased net revenue by 10% to Eur8.97b and profit by 57% to Eur285m during its 2011 financial year as it benefited from more favourable market

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Record Year For Greggs

    Record Year For Greggs

Greggs, the UK’s leading bakery retailer, increased pre-tax profit by 7.9% to a record £52.5m for the 52 weeks ended January 2nd 2011. Sales rose by 2.1% to £662m and

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McDonald’s Boosts Irish Beef Exports

    McDonald’s Boosts Irish Beef Exports

McDonald’s Restaurants of Ireland, which employs nearly 4,000 people, increased its exports of Irish beef to Eur110m in 2010, up from Eur80m in 2007. The restaurant business sources all of

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Leadership Change at Coca-Cola Hellenic

    Leadership Change at Coca-Cola Hellenic

Coca-Cola Hellenic Bottling Company has appointed Dimitris Lois to succeed Doros Constantinou, who will be retiring as the group’s chief executive later this year. To ensure a seamless transition the

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Boparan Controls 70% of Northern Foods

    Boparan Controls 70% of Northern Foods

Boparan Holdings, which incorporates the 2 Sisters poultry group, now controls 70% of Northern Foods, one of the UK’s leading convenience food processors, following its £342m cash offer. Boparan has acquired, agreed to acquire

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Strong Recovery By Lindt & Sprungli

    Strong Recovery By Lindt & Sprungli

Benefiting from improving consumer sentiment across its domestic and international markets, Swiss premium chocolate manufacturer Lindt & Sprungli has reported a 25.3% jump in net profit to SFr241.9m (Eur189m) for

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Robert Wiseman Dairies Wins Milk Supply Contract

    Robert Wiseman Dairies Wins Milk Supply Contract

UK liquid milk specialist Robert Wiseman Dairies has won a new two-year contract to supply The Co-operative, the UK’s fifth biggest food retailer. Robert Wiseman Dairies currently supplies around 75%

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Raisio and DLA Group Form Procurement Alliance

    Raisio and DLA Group Form Procurement Alliance

Raisio, the Finnish foods and functional food ingredients manufacturer famous for its Benecol brand, and Danish DLA Group have signed a co-operation agreement to coordinate their procurement activities in several

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UK Gluten and Wheat Free Market Now Worth £120 Million

The gluten and wheat free market in the UK is continuing to show strong growth. Latest Kantar Worldpanel data (52 w/e 26 December 2010), commissioned by gluten free brand leader

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Acquisitions Bolster Aryzta

    Acquisitions Bolster Aryzta

Helped by strategic acquisitions, Aryzta, the Switzerland-based international speciality bakery group, increased EBITA by 52% to Eur173.1m on revenue up by 36% to Eur1.89b for the first six months ended

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UK Online Grocery Sales to Double by 2015

    UK Online Grocery Sales to Double by 2015

More than a quarter (27%) of UK food and grocery manufacturers say they would consider building their own e-stores in the future in a bid to engage directly with shoppers

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Another Successful Year For Nichols

    Another Successful Year For Nichols

UK-based soft drinks group Nichols increased profit before tax (pre-exceptional) by 23% to £15.1m on sales up 16% to £83.9m for the year ended December 31st 2010. Nichols’ brand portfolio

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Record British Food and Drink Exports

    Record British Food and Drink Exports

Exports of UK food and non-alcoholic drinks grew for the sixth consecutive year in 2010 to pass the £10b mark for the first time ever. UK food and drink export

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Another Milestone For Heineken

    Another Milestone For Heineken

Heineken has reached another important milestone in Mexico, the world’s fourth largest beer profit pool and a market that is expected to show ongoing incremental volume growth in the coming

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First UK Craft Beer in Cans

    First UK Craft Beer in Cans

BrewDog, Scotland’s largest independent brewery, has officially announced the launch of its flagship beer, Punk IPA, in cans. Punk IPA will be the only craft beer available in cans in

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Cooley’s Greenore Claims World’s Best Single Grain Whiskey Award

    Cooley’s Greenore Claims World’s Best Single Grain Whiskey Award

Cooley Distillery’s 15 Year Old Single Grain Whiskey Greenore has been named World Best Single Grain Whiskey for the third consecutive year at the World Whiskies Awards in London. Over

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Agrana to Invest €56 Million in New Starch Factory

    Agrana to Invest €56 Million in New Starch Factory

Sugar, starch and fruit group Agrana is investing Eur56m in building a starch factory for the production of wheat starch

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Greencore Withdraws From Battle For Northern Foods

    Greencore Withdraws From Battle For Northern Foods

Greencore has announced that it does not intend to make a revised offer for Northern Foods. Greencore had initially proposed

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Quorn Foods Created Following £205m Acquisition

    Quorn Foods Created Following £205m Acquisition

Following completion of its £205m acquisition the meat-free business of Premier Foods, Exponent Private Equity has announced the creation of

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US Food and Drug Administration Publishes Import Refusal Data

    US Food and Drug Administration Publishes Import Refusal Data

The United States Food and Drug Administration (FDA) recently published a list of every foreign manufacturer that has had a

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Astarta and Danone Form Joint Venture in Ukraine

Astarta, the biggest producer of sugar and industrial milk in Ukraine, has entered a joint venture for the production and

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UK Grocery Market Growth Slows as Consumers Show Caution

    UK Grocery Market Growth Slows as Consumers Show Caution

The latest grocery share figures from Kantar Worldpanel, for the 12 weeks ending 20th February 2011, show that the market

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SABMiller to Build New $100 Million Brewery

    SABMiller to Build New $100 Million Brewery

SABMiller will invest over $100m in building a new greenfield brewery in Onitsha, in South Eastern Nigeria. The Anambra State

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Hansa-Milch and Arla Foods to Merge

    Hansa-Milch and Arla Foods to Merge

Dairy co-operatives Arla Foods of Scandinavia and Hansa-Milch Mecklenburg-Holstein of Germany are set to merge. A merger plan put forward

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Boparan Now Holds 34% of Northern Foods as Offer Deadline Extended

    Boparan Now Holds 34% of Northern Foods as Offer Deadline Extended

Boparan Holdings, headed by chicken business entrepreneur Ranjit Singh Boparan, now controls more than a third of Northern Foods, the

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Return to Profitability in Ireland Underpins Strong Glanbia Performance

    Return to Profitability in Ireland Underpins Strong Glanbia Performance

Buoyed by improved global dairy markets and good demand in key nutritionals sectors, Glanbia, the global nutritional solutions and cheese

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Bright Food Group Favourite For Yoplait Stake

    Bright Food Group Favourite For Yoplait Stake

Chinese food conglomerate Bright Food Group is reported to be in pole position in the race to acquire PAI Partners’

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Agrial Strengthens Milk Business

    Agrial Strengthens Milk Business

French co-operative Agrial has strengthened its milk business by acquiring a minority stake in Delicelait, a producer of dairy ingredients,

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Tesco Initiates UK Price War With Asda

    Tesco Initiates UK Price War With Asda

Tesco has launched a £200m campaign to lower prices on more than 1,000 everyday items – from fruit and vegetables

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UK Fairtrade Sales Break £1 Billion Barrier

    UK Fairtrade Sales Break £1 Billion Barrier

UK sales of Fairtrade products soared by 40% in 2010 to an estimated retail value of £1.17b compared with £836m

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Devro Accelerates Capital Investment to Meet Growing Demand

Devro, the world’s leading manufacturer of collagen products for the food industry, has reported a 39.4% increase in operating profit

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Almond Milk is New Entrant in Dairy Free

While soy milk continues to dominate the growing dairy-free market in most countries of the world, there are signs that

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Agrana to Invest €27.6m to Expand Russian Fruit Preparation Plant

    Agrana to Invest €27.6m to Expand Russian Fruit Preparation Plant

Austrian group Agrana is to invest Eur27.6m to expand its Russian fruit preparation plant at Serpuchov over the next five

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More British Shoppers Expect Higher Food Inflation

    More British Shoppers Expect Higher Food Inflation

Most British shoppers are expecting food prices to rise and are actively seeking out value in order to deal with

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Business is Good For Irish Fairtrade

    Business is Good For Irish Fairtrade

Contrary to what might be expected during the recession, Fairtrade sales continue to grow in Ireland. In 2010 consumer spending

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European Business News – Week ending February 25, 2011

The continuing rise in raw material costs was again highlighted during the past week when Britvic, the second biggest soft

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Britvic Cautions on Unprecedented Input Cost Inflation

    Britvic Cautions on Unprecedented Input Cost Inflation

Britvic, the second biggest soft drinks manufacturer in the UK and Ireland, has cautioned that escalating input cost inflation, particularly

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Tangerine Looks For Investment to Fund Further Expansion

    Tangerine Looks For Investment to Fund Further Expansion

Blackpool-based Tangerine Confectionery, the largest British manufacturer of sugar confectionery and branded popcorn in the UK, is reported to be

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Coca-Cola and Heinz Form Landmark Packaging Partnership

    Coca-Cola and Heinz Form Landmark Packaging Partnership

The Coca-Cola Company and HJ Heinz have announced a strategic partnership that enables Heinz to produce its ketchup bottles using

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Orkla Brands Merges Russian Confectionery Companies

    Orkla Brands Merges Russian Confectionery Companies

Norway-based Orkla Brands has decided to merge its Russian chocolate and confectionery companies – Krupskaya and SladCo – into one

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Campina Still Most Popular Brand in Dutch Supermarkets

    Campina Still Most Popular Brand in Dutch Supermarkets

Campina, owned by Dutch dairy co-operative Royal FrieslandCampina, was once again the biggest selling A-brand in Dutch supermarkets in 2010.

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Cornish Pasties Gain PGI Status

    Cornish Pasties Gain PGI Status

The Cornish Pasty Association has received Protected Geographical Indication status for its world famous pasty. The decision from the European

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Major Expansion Planned by Russian Confectionery Manufacturer

    Major Expansion Planned by Russian Confectionery Manufacturer

As part of its expansion strategy to increase turnover to $100m by 2012, CJSC Landrin, one of the largest chocolate

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Arla Foods Achieves 2010 Profit Target

    Arla Foods Achieves 2010 Profit Target

2010 has been a year of expansion for Arla Foods following a period of restructuring and cost reduction in 2009.

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Strong Showing by Kerry Group

    Strong Showing by Kerry Group

Kerry Group, the international ingredients, flavours and consumer foods manufacturer, increased revenue by 9.7% to Eur5.0b in 2010 and trading

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First Milk Signs Export Deal With Eilers and Wheeler

    First Milk Signs Export Deal With Eilers and Wheeler

First Milk, the largest dairy farmer-owned business in the UK, has set up a strategic alliance with Eilers and Wheeler,

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Irish Regional Bakery Saved

    Irish Regional Bakery Saved

The fresh bread element of Gallagher’s Bakery in Ardara, County Donegal, has been saved from closure following its acquisition by

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Swiss Chocolate Manufacturers Return to Growth

    Swiss Chocolate Manufacturers Return to Growth

The Swiss chocolate industry returned to growth last year following a decline in 2009. Over the course of 2010, Switzerland’s

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