Kraft Foods plans to move part of its recently acquired Cadbury business to its European headquarters in Zurich, Switzerland in order to reduce its corporation tax exposure. Since 2006 Kraft
Kraft Foods Looks to Reduce Tax Bill With Cadbury Move
Pernod Ricard brand Jameson has further strengthened its position as the world’s leading Irish whiskey by achieving sales of three million cases globally. Growth in the US, Jameson’s largest export
New enlarged entity to be named Ardagh Group 7 December 2010 – Ardagh Glass Group is pleased to announce today it has completed the acquisition of global metal packaging group
Kellogg Company has named John Bryant, currently chief operating officer, as successor to president and chief executive David Mackay upon his retirement on January 1st 2011. The two men will
UK consumers will spend £182.7b in grocery retail outlets by 2015 – an average annual growth of 3.9% – according to latest figures released by IGD, the international food and
Dutch and international dairy co-operative FrieslandCampina is making the transition to sustainably produced cardboard with the Forest Stewardship Council accreditation for all its cardboard beverage packaging in the Benelux. Appelsientje
2010 saw a return to growth for the £6 billion take-home soft drinks market in Great Britain following the 0.9% volume decline in 2009. The Great Britain take-home market was
Cargill’s work to improve livelihoods for cocoa farmers and their families in Africa, Asia and South America has earned it the US Chamber Business Civic Leadership Center (BCLC) 2010 International
Continued market share gains in Great Britain, a successful innovation programme and further expansion into continental Europe, were behind an 18.1% increase in operating profit (EBIT) before exceptional and other
Premier Foods has confirmed that it has received bids for its meat-free business, incorporating the Quorn brand, from a number of parties, including multinational food groups and private equity firms.
Swiss dairy company Emmi is acquiring the Le Petit Chevrier brand from Fromagerie Bettex for an undisclosed sum to expand its expertise in the fast-growing goat’s milk products market. Production
Helped by growth in its sales of food and premium ales, Marston’s has increased underlying pre-tax profit by 4.6% to £73.5m on revenue up 0.9% to £650.7m for the year
The biggest news story of the week was undoubtedly PepsiCo’s surprise $3.8 billion acquisition of a 66% stake in Wimm-Bill-Dann Foods, Russia’s leading branded food and beverages company with leading
PepsiCo is acquiring a 66% stake in Wimm-Bill-Dann Foods, Russia’s leading branded food and beverages company, for $3.8b, pending the required government approvals. Wimm-Bill-Dann is a leader in both traditional
UK frozen desserts manufacturer Polestar Foods has been sold to Privet Capital, the turnaround investor, for an undisclosed sum. Privet’s investment in Polestar has prevented the immediate collapse of the
The European Investment Bank (EIB) is providing a loan of Eur75m to finance the improvement in the quality (not the capacity) of the Moldovan wine industry. The loan will address
Coca-Cola Enterprises, the world’s third-largest independent Coca-Cola bottler, has appointed Garry Watts as a director with immediate effect. He will serve on the finance and audit committees of CCE’s board
Sidel is introducing the ALS guide for air conveyors: an automatic adjustment system for side guides, ensuring greater flexibility during format changeovers. Diversified production means a large number of format
Danone and Unimilk have completed the merger of their fresh dairy products businesses in Russia and other CIS member countries. The new entity, controlled by Danone with a 58% equity
Reduced costs and improved results at its foreign subsidiaries were behind an increase in full year net profit from DKr1.16b to DKr1.65b (Eur220m) at international meat group Danish Crown. Revenue
The value of grocery shopping conducted over the internet in the UK is predicted to nearly double to £9.5b in five years, compared to its current level of £4.8b, according
Ilapak has launched a new, upgraded version of its Delta LD flowrapper, specifically designed to meet the packaging requirements and tough hygienic standards of the poultry industry. The new flowrapping
British bakery group Warburtons is reported to have invested £2.5m in a dedicated gluten-free production plant at its site in
Prague, Amsterdam and Berlin have been named the top European destinations for a beer, according to a new report into
Valeo Foods Group has completed the simultaneous acquisitions of the branded food businesses of Origin Enterprises for an enterprise value
Tesco’s decision to increase the price of its standard milk – a move followed by other supermarket groups Morrisons, Waitrose
Tate & Lyle is selling its Molasses business to W&R Barnett for £67m in cash. Molasses comprises the global molasses
Cornish Blue, from the Cornish Cheese Company, has been crowned the World Champion Cheese 2010 – the first time a
The biggest private equity food deal this year has been agreed with a consortium led by Kohlberg Kravis Roberts, Vestar
Bernard Matthews, the founder of Bernard Matthews Farms, the largest turkey processor in the UK, has died at the age
Vitiva, Slovenia, is proud to announce that the rosemary extracts sold under VivOX®, INOLENS® and SyneROX® brands, are in compliance
Food business entrepreneur Bernard Matthews passed away, aged 80, on November 25th. From humble beginnings sixty years ago, he developed
Stock Spirits Group (“Stock Spirits” or “the Group”), Central Europe’s leading branded spirits and liqueurs business, is pleased to announce
SABMiller, one of the world’s largest brewers, has acquired Cerveceria Argentina SA Isenbeck (CASA Isenbeck), the third largest brewer in
Dutch dairy multinational Koninklijke FrieslandCampina plans to invest Eur47m to improve efficiency at its cheese plants in Workum, Marum, Balkbrug,
New guiding principles on country of origin labelling to provide British consumers with clear, accurate information on the origin of
Atlantic Grupa, Croatia’s biggest food and healthcare company, has successfully completed its acquisition of Droga Kolinska, the largest branded food
Danone is acquiring YoCream, the leading producer of frozen yoghurt in the United States, for $103m. The deal will enable
Supply shortages are forcing China and India to raise their imports of dairy products, according to the latest Rabobank Global
Having lost out on the job to head Essenta Foods, which is being created by the merger of Greencore and
UK-based speciality breads, Danish pastries and tarts producer Giles Foods has expanded its bakery in Milton Keynes. Following investment of
Marel launches new AEW Delford WPL9040 Weigh Price Labeller – ideal for smaller processors or lower volumes New to the
Moy Park, Northern Ireland’s largest food manufacturer, has officially opened a new turkey processing facility at its site in Ballymena. The
Nearly a third of UK shoppers want food and grocery retailers and manufacturers to focus on reducing waste. IGD consumer
Diageo, the world’s largest spirits group, is holding talks with Industrias Licoreras de Guatemala with a view to acquiring a
UK frozen foods manufacturer Headland Foods is reported to be considering closing its site at Flint in Wales and
The expectation that taking Health ingredients Europe and Natural ingredients 2010 to Spain would alter the landscape of the show,
The USA Rice Federation took a stand alongside one of the largest importers of US Rice into the UK at
SABMiller, one of the world’s leading brewers with operations and distribution across six continents, has increased reported EBITA by 13%
Kliklok has just installed THREE of their new KII cartoners to Belgian frozen food producer NANUK. Based in Waragem, this
British regional brewer Fuller, Smith & Turner has increased pre-tax profit by 11% to £16.8m on revenue up 4% to
Nestle will change its sales recognition policy in line with International Financial Reporting Standards (IFRS) from the start of 2011.
Private equity firm PAI Partners and French dairy co-operative Sodiaal have rejected a Eur1.4b bid to buy Yoplait from Lactalis.
Schütz manual provides detailed information about transport containers Selters. Modern IBCs (intermediate bulk containers) come in such a wide range
The Magazine
Advertisements
