Danone has finalised the sale of its 18.4% stake in Wimm Bill Dann Foods, the Russian dairy and food group for $470m. Danone has held the stake since Wimm Bill
Danone Completes Russian Dairy Deal
The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese food conglomerate Bright Food Group are reported to have stalled
The European Commission has cleared the proposed acquisition of a 74% controlling stake in Frisch & Frost (F&F), a producer of frozen and chilled products in Austria, by Dutch company
French fresh salads producer Florette is reported to be preparing to commence production on the Spanish island of Gran Canaria. Florette’s newly constructed facility will have the capacity to produce
Cost remains a strong deterrent against the purchase of organic goods for UK consumers, a new report from YouGov SixthSense reveals. In the same report it is shown that a
Arla Foods UK, the British arm of Scandinavian dairy co-operative Arla Foods, is investing £6.7m in a new bottle blowmoulding machine to increase production of its Cravendale milk brand at
PepsiCo plans to roll-out globally its new i-crop farming technology that will enable the soft drinks and snacks group’s farmers around the world to monitor, manage and reduce their water
Pernod Ricard has unveiled its new limited edition Absolut vodka – Absolute Glimmer. The new product features a highly innovative glass bottle, produced and decorated in-line at Ardagh’s Limmared plant
Puratos, an international group of Belgian origin specialising in the manufacture of raw materials for bakers, pastry chefs and chocolatiers, has just launched a new production unit for natural sourdoughs.
Nestle remains on track to deliver on its earlier forecast of full-year organic growth of around 5% combined with an EBIT margin increase in constant currencies in its food and
Welsh dairy farmers, processors, and retailers have reached an ambitious agreement to further reduce the environmental impact of milk and dairy products. The Welsh dairy industry has published a ‘Dairy
Swiss dairy company Emmi has completed the extension of its cheese-ageing cave in Kalthbach in response to growing demand for Kaltbach cheese specialities in Switzerland and abroad. Over the last
German dairy company, ODW Frischprodukte, a subsidiary of Odenwald Fruchte, is acquiring the FrieslandCampina site at Elsterwerda in Germany. In addition to the land and buildings, ODW Frischprodukte will also
Spanish food group Ebro Foods is in negotiations to acquire Australian rice producer SunRice for an enterprise value of A$600m (Eur425m). Based in New South Wales and listed on the
Global soft drinks and snacks giant PepsiCo plans to invest $140m to build its tenth plant in Russia. The new plant will be constructed in the city of Azov, where
Reflecting the impact of acquisitions and a return to volume growth of its Magners brand in Great Britain for the first time since 2007, Irish cider producer C&C Group has
UK sales of pies and pasties are thriving and by 2012 will be worth over £1 billion, according to the latest research from Mintel. Valued at £941 million in 2009,
Tangerine Confectionery, which is owned by private equity firm Growth Capital Partners, has called in investment bank NM Rothschild to advise it on options for raising capital, raising the prospect
Uniq has proposed a solution to its £436m legacy pension deficit which would involve the company’s Pension Scheme becoming the majority shareholder in the UK chilled convenience food processor with
First commercially available food microbiology assay to accurately detect Listeria species in environmental samples in just 8 hours Thermo Fisher Scientific, the world leader in serving science, has announced that the
Irish producers and manufacturers attending the first in a series of retail seminars entitled ‘Breaking into UK Retail’ on Thursday 9th September at the Marriott Hotel in Ashbourne Co. Meath,
Diageo, the world’s leading premium drinks company, has opened the doors of its new £40 million distillery in Speyside, Scotland. The Roseisle distillery is the first malt distillery of scale
Greggs, the UK’s largest retail baker, has reported that its expansion programme remains firmly on track, with a net 32
Baking bread in lighter tins, cleaning pipes with ice instead of hot water, and using microwaves to dry fruit gums
Bacardi, the largest privately held spirits company in the world, has completed the initial phase of its $250m investment in
Kraft Foods has opened a European Gum and Candy Research & Development Centre at Eysins in Switzerland. The $14m state-of-the-art
Coca-Cola has retained its leadership of Interbrand’s 11th annual ranking of the ‘Best Global Brands’ beating off competition from the
UK convenience food manufacturer Northern Foods has announced a new organisational structure to manage the business through two divisions –
Premier Foods, the UK’s largest domestic food processor, has received approaches that may or may not lead to a sale
Helped by rising sales of cereal bars and retailer own label products, UK breakfast cereals manufacturer Weetabix has increased pre-tax
Having just completed the disposal of its North American bottling business to The Coca Cola Company, Coca-Cola Enterprises is now
Independent Scotch whisky and spirits distiller William Grant & Sons has increased operating profit by 8.8% to £103.6m on turnover
Carlsberg Breweries has entered into a new five-year multi-currency revolving credit facility of Eur1.75b. The facility is for general corporate
First Milk’s plans to build a state-of-the-art creamery at Campbeltown in Scotland have moved a step forward after Argyll &
Ter Beke, the Belgium-based processed meats and ready meals company, and French pasta manufacturer Stefano Toselli are considering forming a
Swiss and international speciality bakery group Aryzta has successfully raised SFr325m (Eur242m) to principally fund the acquisition of the remaining
Famous for its R&D capability and global reach, Nestle is taking a lead in combining food science with that of
69% of senior executives at UK-based food and beverage producers expect M&A activity to increase in the next 12 months,
BrewDog, Scotland’s largest independent brewery, has developed an innovative approach to increasing the availability and sales of its craft beers.
Theo Muller, the privately owned German-based dairy group which is also the leader in the UK yoghurt market, has increased
Unilever is reported to be seeking to dispose of its Ragu and Chicken Tonight ambient sauce brands in the UK
Despite a declining turnover as customers moved away from the premium products that had been its traditional area of strength,
Douglas Conant, will step down as chief executive of Campbell Soup Company next July, at the end of the company’s
Pret A Manger, the UK’s leading independent retailer of premium sandwiches, has become the first UK high street cafe brand
UK dairy group Dairy Crest has renewed its fresh liquid milk contract with retailer Morrisons through to 2015. “We are
British soft drinks group AG Barr has increased turnover by 13.9% to £119.2m in the first half ended July 31st
Unilever is acquiring EVGA’s Greek ice cream brands (including Scandal, Variete and Karabola) and distribution network for an undisclosed amount.
Greencore, which is one of the UK’s leading convenience food manufacturers and also has operations in the US, expects group
Due to rising export sales of its biscuits and cakes in France, Netherlands, UK, US and Asia, Lotus Bakeries is
Swiss and international speciality bakery group Aryzta has reported a 2.2% increase in operating profit (including associates and joint ventures)
Poland-based Morpol, which is one of the world’s leading salmon processors, has expanded its UK operations with the acquisition of
Nestle is creating Nestle Health Science and the Nestle Institute of Health Sciences to pioneer a new industry between food
Unilever is strengthening its personal care business by acquiring US-based Alberto Culver Company for $3.7b in cash. Alberto Culver generated
Chinese food conglomerate Bright Food Group is reported to be holding exclusive talks to acquire United Biscuits, the British and
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