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Danone and Unimilk to Create Leading Dairy Business in Russia and the CIS

Global food giant Danone is to merge its fresh dairy products business in the CIS area with Unimilk, Russia’s second largest manufacturer of dairy products and baby food. Established in

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Nestle Completes SFr25b Share Buyback and Starts New Programme

Nestle has completed the remaining SFr10b (Eur7.2b) share buyback of its SFr25b share buyback programme initiated in August 2007. Since August 2009, Nestle has repurchased 203,400,000 of its shares for

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Heinz Continues Drive into Emerging Markets With Expansion in China

    Heinz Continues Drive into Emerging Markets With Expansion in China

HJ Heinz is acquiring Foodstar, a leading manufacturer of soy sauces and fermented bean curd in China, from Transpac Industrial Holdings, a private equity firm. The acquisition will increase Heinz’s

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Vandemoortele to Extend Margarines and Fats Business

    Vandemoortele to Extend Margarines and Fats Business

Belgium-based Vandemoortele Group, which specialises in the production of frozen bakery products and margarines and fats, is acquiring the margarine and frying fats activities of Dutch company Van Dijk Food

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Austrian Dairy Merger

    Austrian Dairy Merger

Austria’s largest and fourth biggest dairy groups, Berglandmilch and Tirol Milch respectively, are planning to merge. The deal is subject to agreement by the two companies’ 16,000 dairy farmer members

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Emmi Strengthens Position in Swiss Cheese

    Emmi Strengthens Position in Swiss Cheese

Emmi has consolidated its position within the Swiss cheese market following approval of its proposed acquisition of Fromalp by the competition authority. Fromalp, which specialises in the manufacture and distribution

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Aryzta Makes Strategic Acquisitions Worth $1.08b

    Aryzta Makes Strategic Acquisitions Worth $1.08b

Switzerland-based speciality bakery group Aryzta has made two strategic acquisitions to significantly strengthen its position in Europe, North America and in other international markets. Aryzta has acquired Fresh Start Bakeries

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Dairy Crest Reduces stake in Wexford Creamery

Dairy Crest has reduced its stake in its Irish dairy joint venture, Wexford Creamery, from 80% to 30%. Wexford Milk Producers, Dairy Crest’s partner in Wexford Creamery, has increased its

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Danone Bolsters US Medical Nutrition Business

    Danone Bolsters US Medical Nutrition Business

Danone is acquiring Medical Nutrition USA for $ 62m in cash. MNI introduced the concept of liquid protein supplements for elderly people in the US long-term care market in 2003.

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Valio Opens New €40m Butter Plant in Finland

    Valio Opens New €40m Butter Plant in Finland

Finnish dairy group Valio has officially opened a new Eur40m butter facility at its plant at Seinajoki. According to Valio, the new 100,000 tons per annum production unit is the

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Carlsberg to Increase Stake in Chinese Brewer

    Carlsberg to Increase Stake in Chinese Brewer

Carlsberg is increasing its shareholding in Chongqing Brewery Co from 17.5% to 29.7%. The purchase price for the 12.25% stake in CBC is approximately RMB2.385b (DKr 2.1b) in total. With

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Private Equity Group Grabs Plum Baby

Darwin Private Equity has completed the acquisition of UK organic baby food business Plum Baby for £10m. Launched in 2006 by Susie Willis, Plum has pioneered the premium baby food

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R&R Ice Cream Increases Presence in Mainland Europe

    R&R Ice Cream Increases Presence in Mainland Europe

R&R Ice Cream, with operations in the UK and Germany, is expanding its international business with the proposed acquisition of Rolland, the third largest ice cream manufacturer in France, for

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Sodiaal Closes in on Acquisition of Entremont Alliance

French dairy group Sodiaal has reached a preliminary agreement to acquire Entremont Alliance, its loss making rival. The deal would create the fourth largest dairy group in Europe with combined

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Raisio Launches Benecol Bread in Romania

Finnish food group Raisio has introduced Dobrogea Benecol, a cholesterol lowering bread, in the Romanian market. Launched by Raisio’s Romanian partner Doprogea Grup, Benecol bread is the first cholesterol-lowering foodstuff

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Danone and Unimilk to Create Leading Dairy Business in Russia and the CIS

    Danone and Unimilk to Create Leading Dairy Business in Russia and the CIS

Global food giant Danone is to merge its fresh dairy products business in the CIS area with Unimilk, Russia’s second largest manufacturer of dairy products and baby food. Established in

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Cognac Fortifies Remy Cointreau

    Cognac Fortifies Remy Cointreau

Helped by a strong performance from its cognac division, French drinks group Remy Cointreau has reported a 7.2% organic growth (2.2% on a published basis) in operating profit to Eur140m

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Britvic Completes €237m French Acquisition

    Britvic Completes €237m French Acquisition

In line with its ambitions to expand internationally, UK-based Britvic has acquired Fruite, an independent French soft drinks producer with market leading positions in syrups and ambient juice with brands

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Ardo Acquires Ploegmakers Food Ingredients

Ardo Group, the Belgium-based frozen fruit and vegetables producer, has acquired Dutch company Ploegmakers Food Ingredients for an undisclosed price. Established in 1963, Ploegmakers Food Ingredients specialises in processing vegetables,

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Flat Sales and Underlying Profit at Northern Foods

UK convenience food group Northern Foods has reported flat full year underlying profit of £39.2m on revenue slightly ahead from £975.2m to £977.0m. After restructuring items of £26.6m, primarily reflecting

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Kerry Ingredients & Flavours Reflects Customer and Market Demand at IFFA 2010

    Kerry Ingredients & Flavours Reflects Customer and Market Demand at IFFA 2010

At IFFA 2010, Europe’s leading fair for the meat industry, Kerry will exhibit a range of integrated solutions concepts on stand G81 in Hall 4.1. These will demonstrate how Kerry’s unique

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