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Finsbury Sustains Interim Profit Despite Fall in Sales

  Finsbury Sustains Interim Profit Despite Fall in Sales

UK baker Finsbury Food Group has reported a 7% fall in revenue to £82.9m and flat pre-tax profit of £1.8m

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Trends in the UK Eating and Drinking Out Market

  Trends in the UK Eating and Drinking Out Market

The long term decline in drinking out in British pubs is set to continue, driven by changing consumer behaviour, relative

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UK Food Manufacturing Industry Faces Skills Shortage

  UK Food Manufacturing Industry Faces Skills Shortage

The Food and Drink Federation has warned that the UK food industry’s future sustainability is highly dependent on the skills

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Provimi Pet Food Business Sold to Private Equity For €188 Million

  Provimi Pet Food Business Sold to Private Equity For €188 Million

The Provimi Group, a world leader in animal nutrition, is selling its pet food business, Provimi Pet Food, to private

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Boparan’s Offer For Northern Foods Declared Unconditional

  Boparan’s Offer For Northern Foods Declared Unconditional

Boparan Holdings, which incorporates the 2 Sisters poultry group, is nearing completion of its £342 million acquisition of Northern Foods.

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UK’s Largest Pub Group to Split

  UK’s Largest Pub Group to Split

Punch Taverns, the UK’s leading pub group operating over 6,700 leased and managed pubs nationwide, is to be divided into

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Lactalis Takes Controlling Stake in Parmalat

  Lactalis Takes Controlling Stake in Parmalat

French privately owned dairy group Lactalis, which is the world’s largest cheese manufacturer, has increased its shareholding in Parmalat, the

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Heineken Starring in National Geographic TV Documentary

  Heineken Starring in National Geographic TV Documentary

Heineken is starring in the first episode of the new European season of Mega Factories, the successful documentary series on

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Global Wheat Production to Increase in 2011

World wheat production this year will be 676 million tonnes, representing a growth of 3.4% from 2010, but still below

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Nordzucker and PureCircle Form European Steviasucrose Joint Venture

  Nordzucker and PureCircle Form European Steviasucrose Joint Venture

Nordzucker, Europe´s second biggest sugar producer, and PureCircle of Malaysia, have formed a joint venture, NP Sweet, for the development

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Produce World Well Placed for Growth

  Produce World Well Placed for Growth

Despite a 68% fall in operating profit to £2.3 million and a drop in sales to £218 million during 2010,

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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

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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

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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

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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

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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

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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

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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

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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

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PepsiCo Develops World’s First 100% Plant-Based, Sustainable PET Bottle

  PepsiCo Develops World’s First 100% Plant-Based, Sustainable PET Bottle

PepsiCo has developed the world’s first PET plastic bottle made entirely from plant-based, fully renewable resources, enabling the company to

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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K3 AX’s future prospects look strong with potential deals worth in excess of £2m in the pipeline

Major contract wins have helped K3 AX, part of the K3 Business Technology Group plc, one of Microsoft’s top 60

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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

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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

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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

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Pork Farms renews contract with 3PL specialist Oakland International

The pork pie and scotch egg brand leader, Pork Farms, have renewed their contract with multi temperature supply chain specialist,

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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

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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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Kellogg Takes Stance in Support of Sustainable Palm Oil

  Kellogg Takes Stance in Support of Sustainable Palm Oil

Kellogg is helping fund sustainable palm oil production through purchasing GreenPalm certificates covering 100% of its global palm oil use.

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Preventing Shattered Glass Risks

  Health and safety is a vital part of any business, but when it comes to food manufacture and processing,

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SOLARSOFT ANNOUNCES APPOINTMENT AS COMMERCIAL PARTNER WITH THE FOOD AND DRINK FEDERATION (FDF

Solarsoft Business Systems (“Solarsoft”), the UK’s leading developer and provider of ERP and business software solutions for food and drink

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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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New £3.2 Million Bottling Facility Opens in Northern Ireland

  New £3.2 Million Bottling Facility Opens in Northern Ireland

Nampak Plastics Europe has officially opened its bottling facility in Ballymena, Northern Ireland, following investment of £3.2m investment. Plans for

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ILAPAK DEMONSTRATES CUTTING EDGE PACKAGING TECHNOLOGY AT INTERPACK 2011

  Ilapak is demonstrating a number of cutting edge technological innovations at Interpack this year, including its revolutionary Ultrasonic sealing

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