Danone is paying Eur550 million to increase its stake from 29.2% to 67% in Moroccan dairy company Centrale Laitiere. Danone has held its 29.2% shareholding since 2001. Centrale Laitiere is
The Coca-Cola Company and its bottling partners are to spend an additional $3 billion in India, increasing total invest in the country to $5 billion from 2012 to 2020. The
Royal Wessanen has started the divestment process of its US subsidiary American Beverage Corporation (ABC), which is now considered non-core. The move is in line with Wessanen’s strategy to focus
Arla Foods’ board of representatives has approved the dairy group’s proposed mergers with the German Milch-Union Hocheifel and British Milk Link. The board of representatives voted in favour of the
Glanbia, the Irish and global nutritionals solutions and cheese group, is continuing to hold discussions with its majority shareholder, Glanbia Co-operative Society, to create a joint venture (40% Glanbia and 60% the
Bright Food, one of China’s largest food groups, is diversifying into the wine sector by acquiring a 70% stake in Diva Bordeaux for an undisclosed sum. The move is in
Biostime International Holdings, a premium provider of high-end pediatric nutritional and baby care products in China, has signed a 10-year financing and supply agreement with Arla Foods. The agreement is
Diageo has further strengthened its sustainability credentials by topping the food and beverage sector in the FTSE4GOOD index 2012. The index, which is designed to objectively measure the performance of
UK dairy co-operative First Milk has delivered a robust performance and solid financial results for the year to 31 March 2012. Pre-tax profits increased from £7.2 million in 2011 to
Despite the recession, UK sales of vegetarian foods increased over the past five years, rising by 7.7% from £730.4 million in the year ending January 2007 to £786.5 million in
Molson Coors Brewing Company has completed its previously announced acquisition of StarBev for approximately €2.65 billion. Mark Hunter, chief executive of Molson Coors UK & Ireland business, will serve as
Europe’s first food industry-dedicated corporate communications and public affairs joint consultancy, operating across Europe, has been launched, ahead of challenging times for the food and beverage market. FoodFirm is a
Premier Foods is selling its vinegar and sour pickles business, including the Sarson’s, Haywards and Dufrais brands, to Japan-based Mizkan, for a cash consideration of £41 million. The sale is
Sara Lee has chosen Hillshire Brands Company as the new name for its North American business. Sara Lee will become two independent pure-play, publicly-traded companies on June 28, 2012. DE
Greencore is disposing of its chilled desserts facility in Minsterley to the Muller Dairy UK for £4.3 million. Under the terms of the disposal, ownership of the facility will transfer
With innovation continuing to be the main growth driver in the cider category, Heineken, the UK’s leading beer and cider business, has announced the launch of multi-million campaign to transform
– New malt whisky distillery and major expansion of existing distilleries – Substantial warehousing expansion to store maturing spirit – Hundreds of jobs created in Diageo and wider Scottish economy
Kellogg Company has completion of its acquisition of Procter & Gamble’s Pringles business. The $2.69 billion acquisition further strengthens Kellogg Company’s competitive position in global snacks, making Kellogg the world’s
Coca-Cola Hellenic has inaugurated advanced energy-efficient power generating capacity at its plant in Ukraine that will reduce CO2 emissions by more than 40% and will increase energy efficiency by more
Ireland’s economy remains in a delicate state, but the agri-food sector is one of the bright sparks with exports reaching a record of almost €9 billion for 2011. This is
Nestle has completed a Eur6 million investment in new manufacturing lines at its condensed milk products factory in Pontecesures, Spain, increasing production by 50%. The exansion follows two major financial
Northern Ireland-based meat processor Linden Foods has been named UK Manufacturer of the Year in the 2012 Meat Management Awards.
SABMiller, the world’s second largest brewer, has reported an 11% increase in revenue to $31.4 billion and a 12% rise
Although revenue increased, due to strong growth in its Foods business, and group operating profits levels were maintained, UK dairy
Representatives of the European Union’s employers and trade unions in the sea fisheries sector have signed an agreement to ensure
Italian dairy group Parmalat has completed the intra-group acquisition of Lactalis American Group for $904 million. The deal marks Parmalat’s
Britvic, the UK-based soft drinks group, has increased revenue by 1.7% to £641.1 million for the 28 weeks ended 15
Latest research from Mintel reveals that for the first time, in 2011, the proportion of own label new product development
Although the global functional foods market continues to expand in size, growth rates in parts of the world have dipped
Prometheus Laboratories, a company acquired by Nestle Health Science, has presented new research that confirms the effectiveness of its new
Buoyed by the acquisition of Uniq, UK and Irish convenience foods group Greencore has increased revenue by 49.9% to £567.7
UK food group Cranswick has recorded its highest ever sales and second best trading profit in its history for the
US-based food group General Mills has unveiled productivity and cost savings plans designed to improve organisational effectiveness and focus on
Arla Foods is planning two mergers in the British and German marketswhich will immediately increase its revenue by DKr9 billion
Almost 300,000 tonnes of Round Table for Responsible Soy (RTRS) certified soy have been sold since June 2011 and demand
A new £5 million distillery with a visitor centre and restaurant will be established in Belfast at the old Crumlin
Irish bottled water company Celtic Pure secured a deal with 3663, one of the largest food distribution companies in Britain.
UK dairy co-operative Milk Link has produced a solid financial and trading performance over the last year. Group turnover increased
Two opposing forces within the sweet biscuits market are at work globally, according to Innova Market Insights. The treat image
UK grocery retailer Morrisons is relaunching its in-store bakeries in response to consumer demand for more artisan products at an
Feeding cattle on grass throughout their lifecycle is the most environmentally sustainable way to rear beef, according to new research
Growth across its three divisions has helped Marston’s, the UK regional brewer and pub operator, to increase group revenue by
Glanbia, the Irish and international nutritional solutions and cheese group, is selling the Yoplait franchise forIreland back to brand owner
A Which? investigation has highlighted the need for clearer front-of-pack nutrition labelling on pre-packed sandwiches in the UK. Which? is
Royal DSM, the global life sciences and materials sciences company, has agreed to acquire Ocean Nutrition Canada, the world’s largest
C&C Group, the Irish and UK branded cider and beer business, has increased operating profit before exceptional items by 9%
Nestle Purina Petcare is continuing to invest in expanding its manufacturing sites globally. Having spent SFr45 million (Eur37.5 million) last
Corn Products International, a leading global provider of ingredient solutions, is changing its name to Ingredion. “Ingredion better describes our
Arla Foods has announced measures, including the shedding of 250 jobs, aimed at reducing its annual costs by DKr500 million
Barry Callebaut, the world’s leading manufacturer of high-quality cocoa and chocolate products, has launched a new lactose-free milk chocolate, which
Bonduelle Group, the world leader in processed vegetables, has strengthened its position in Central Europe after receiving the approval of