Kerry Group, the international ingredients, flavours and consumer foods manufacturer, increased revenue by 9.7% to Eur5.0b in 2010 and trading profit by 11.3% to Eur470m, resulting in an improvement of
First Milk, the largest dairy farmer-owned business in the UK, has set up a strategic alliance with Eilers and Wheeler, one of Europe’s most established suppliers of dairy products. Under
The fresh bread element of Gallagher’s Bakery in Ardara, County Donegal, has been saved from closure following its acquisition by managing director Declan Gallagher for an undisclosed amount. Declan Gallagher
The Swiss chocolate industry returned to growth last year following a decline in 2009. Over the course of 2010, Switzerland’s 18 chocolate manufacturers increased volume sales by 1.3% to 176,424
With a compound annual growth rate (CAGR) of 7.5% between 2010 and 2015, Tesco is set to be the fastest growing retailer of the global grocery top four, according to
47% of British adults who buy wine for themselves or others in supermarkets or off licences say that the first thing they decide upon is colour, according to new research
Diageo has reached agreement to acquire Mey Icki, the leading spirits company in Turkey, for an enterprise value of £1.3b from investment firm TPG Capital and Actera. The transaction is
Reflecting a highly challenging year in Russia, its largest market, Carlsberg increased net revenue by 1% to DKr60.05b (Eur8.0b) and operating profit by 9% to DKr10.25b in 2010. However, revenue
Irish Distillers Pernod Ricard has reported that sales growth of its Jameson brand accelerated appreciably in the first six months of its current financial, with volumes growing by 16% to
Stephen Twaddell has been appointed as president of Kellogg’s European operations, which employs 8,000 people and had sales of $2.2b and an operating profit of $364m in 2010. Headquartered in
The results season is now underway with many of the major food and drink companies across Europe reporting full year performances during the past week. The 2010 results show a
Benefiting from an improvement in the global economic environment and favourable currency factors, Pernod Ricard has achieved strong sales and profit growth in the first half ended December 31st last.
Reporting growth across all regions and categories, Nestle achieved a 6.2% organic growth in 2010 group sales to SFr109.7b (Eur84.9b) with real internal growth of 4.6% and tripled net profits
Plans to set up the UK’s largest dairy farm in Lincolnshire have been withdrawn by applicant Nocton Dairies. The company has now formally withdrawn its application for planning permission to
Kerry Group, the Irish and international food ingredients and consumer foods manufacturer, is to close its own label frozen foods factory at Flint in Wales with the loss of 318
Helped by the integration of its FEMSA acquisition in Latin America and continued growth of its flagship brand, Heineken increased net profit by 41% to Eur1.44b for 2010 on revenue
Although revenue rose by 4.8% to £127.4m, interim profit before tax for the 28 weeks ended January 8th 2011 declined by 8.5% to £8.3m at Thorntons, the UK confectionery manufacturer
Tony Maher, chief executive of Wimm-Bill-Dann Foods, will leave the Russian dairy and food group on May 1st 2011. His decision to step down as chief executive follows the successful
Alan Williams, formerly with Cadbury for over 18 years, is joining Irish and UK convenience food group Greencore as chief financial officer in March. Alan Williams’ most recent role was
United Biscuits, leading European manufacturer of biscuits and snacks, has appointed Benoit Testard as its group chief executive, effective from Monday, 21st February. Formerly, Benoit Testard successfully led the group’s
Premier Foods, the UK’s largest food producer, has reported a pre-tax operating loss of £98m, against a profit of £42m in 2009, on a continuing basis for 2010 after a
In response to recent press speculation about whether or not it will amend its offer for Northern Foods, the board of Greencore has confirmed that it is still considering its
With all of its divisions and regions posting gains, global food and beverages group Danone achieved a 14.2% rise in
The Piacentinu Ennese, a sheep’s cheese from Italy, has became the one thousandth name to be registered under the European
Finnish dairy co-operative Valio increased profit after tax from Eur17m to around Eur37m in 2010 as it benefited from increased
As part of its strategy for growth, UK chicken processor 2 Sisters Food Group is spending £30 million on a
Blackpool-based Tangerine Confectionery, the largest British manufacturer of sugar confectionery and branded popcorn in the UK, has gained a top
Raisio, the Finnish food and functional food ingredients group, increased net sales by 17.9% to Eur443.0m in 2010. EBIDTA fell
Despite a 3% decline in Europe, Diageo achieved organic net sales growth of 4% to £5.32b for the six months
Driven by gains across its worldwide snacks and beverage businesses, and from the acquisitions of its anchor bottlers earlier in
Having achieved solid worldwide volume growth of 5%, Coca-Cola has reported a 3% increase in operating income to $8.4b for
UK chilled convenience food processor Uniq has received clearance from the Pension Regulator for its proposed restructuring, to provide a
Greece-based soft drinks group Coca-Cola Hellenic increased volume sales by 1% in 2010 to 2.1b cases and net revenue by
Premier Foods has agreed to sell its East Anglian canned grocery operations to Princes for £182m. The sale is in
Finnish food group Raisio has acquired UK-based Big Bear Group for Eur95.3m (£82.0m) to further its growth strategy of becoming
Heineken UK has been appointed as official lager supplier and sponsor of the London 2012 Olympic Games As part of
US-based snacks group Diamond Foods is investing $10m to expand of its UK production facility in Norwich to meet increasing
Despite intense competition, weak consumer confidence in many markets and the impact of rising commodities costs in the second half,
Despite the difficult trading environment, Swiss dairy group Emmi achieved sales slightly higher than expected due largely to the strong
Molson Coors (UK) has acquired Sharp’s Brewery including the Doom Bar brand for an undisclosed sum. Founded in 1994, Sharp’s
Coca-Cola Company has added Minute Maid Pulpy to its portfolio of brands that have achieved global retail sales of more
Anheuser-Busch InBev is using its famous Stella Artois brand to launch a cider in Britain. The move, which is believed
The contribution of fish to global diets has reached a record of about 17 kg per person on average, supplying over
2011 can be a profitable year for consumer packaged goods brands but they must learn from 2010’s successes and failures.
Small food businesses in Ireland are continuing to demonstrate strong growth both on the domestic and export markets, according to
Cranswick, the UK pigmeat, cooked meats and sandwiches producer, continues to invest in strengthening its asset base. The company has
In line with its retail expansion strategy and accelerating its repositioning toward food-driven outlets, British regional brewer and pub operator
Escalating corn costs have forced Tate & Lyle to raise the price of its corn sweeteners, supplied to food and
Constellation Brands, the world’s leading premium wine company, has completed the sale of its Australian and UK business to Champ
Food and Drink Industry Ireland, the main trade association for the food and drink industry in Ireland, has voiced concern
Lloyd’s Register Quality Assurance (LRQA) has been accredited to deliver a new certification scheme for food safety management systems. LRQA
Concern is mounting about escalating sugar prices and the security of supply in the EU. World sugar prices reached their
Associated British Foods, Coca-Cola Enterprises, Kraft Foods and Premier Foods are among the major UK food and drink companies to
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