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European Business News – Week ending September 17, 2010

Attention returned to the UK dairy sector last week following a surprise profits warning by fresh liquid milk specialist Robert Wiseman Dairies. Citing recent intense competitive pressure within the marketplace

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FrieslandCampina Doubles Interim Profit

    FrieslandCampina Doubles Interim Profit

Dutch dairy co-operative Royal FrieslandCampina has doubled profit to Eur156m, due to improved margins and volume growth, and increased revenue by 5.5% to Eur4.3b for the first half year of

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European Business News – Week ending September 10, 2010

The first signs that rising ingredient and other input costs for food manufacturers are starting to filter through to food retail prices were revealed in the UK during the week.

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First Half Improvement But Bongrain Still Underperforming

Although Bongrain has significantly improved profitability and sales in the first half of 2010 compared to the corresponding period in 2009, the results are still below the French and international

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Lactalis Acquisition of Puleva Dairy Cleared

    Lactalis Acquisition of Puleva Dairy Cleared

The European Commission has cleared the proposed acquisition by the French group Lactalis of Spanish group Ebro Puleva’s dairy business. The Commission concluded that the transaction would not significantly impede

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Approval For Vion’s Proposed Acquisition of Weyl

    Approval For Vion’s Proposed Acquisition of Weyl

The European Commission has cleared the proposed acquisition of Weyl by Vion, two Dutch producers of meat products. The Commission concluded that the transaction would not significantly impede effective competition

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Lindt & Sprüngli continues dynamics of long-term success

    Lindt & Sprüngli continues dynamics of long-term success

Lindt & Sprüngli continues its dynamics of long-term success of the previous years in terms of growth and profit after the transitional year 2009. Consumer sentiment improved slightly as the

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Continued good improvement of volumes and operating profit for AAK

    Continued good improvement of volumes and operating profit for AAK

The positive development of volumes and operating profit for AarhusKarlshamn AB continued during the second quarter of 2010 compared with the corresponding quarter in 2009. Total volumes improved by 5

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Super whisky biofuel to power cars

    Super whisky biofuel to power cars

Topping up at the petrol pump is about to take an intriguing twist thanks to a new super biofuel made from whisky by-products. Edinburgh Napier University has filed a patent for the

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Kerry Group confirms offer for Newmarket Co-operative Creameries Limited

    Kerry Group confirms offer for Newmarket Co-operative Creameries Limited

Kerry Group, the global ingredients & flavours and consumer foods group, today confirmed the terms of its offer to acquire the entire issued share capital of Newmarket Co-operative Creameries Limited

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Kerry Group Confirms Offer For Newmarket Co-operative Creameries

    Kerry Group Confirms Offer For Newmarket Co-operative Creameries

Kerry Group, the international ingredients, flavours and consumer foods group, has confirmed the terms of its offer to acquire Irish dairy processor Newmarket Co-operative Creameries for approximately Eur33m. The offer

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Steady Volume and Sales Growth at Danone

    Steady Volume and Sales Growth at Danone

French food and beverage giant Danone has reported an 11.2% increase in consolidated sales to Eur8.35b in the first half of 2010 and a 7% rise on a like-for-like basis.

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Nestle Chief Backs Move for Harsher Climate Change Targets

    Nestle Chief Backs Move for Harsher Climate Change Targets

Paul Bulcke, chief executive of Nestle, supports the move to drive the European Union to toughen greenhouse gas emissions reduction targets. In a signed letter together with 26 business leaders

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EBRD Supports Atlantic Grupa’s Expansion

The European Bank for Reconstruction and Development (EBRD) is supporting regional corporate consolidation in south-eastern Europe and the development of strong local food and beverages brands with a Eur57.5m financing

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Aryzta Completes Acquisition of Fresh Start Bakeries

    Aryzta Completes Acquisition of Fresh Start Bakeries

Aryzta, the Switzerland-based speciality bakery group with operations in Europe, North America, South East Asia and Australia, has received all necessary regulatory clearances to complete its $900m acquisition of Fresh

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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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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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AG Barr Sparkles as it Breaks £200 Million Sales Barrier

Having broken through the £200 million sales barrier and lifted profits by 20% while significantly outperforming the UK soft drinks market in its 2009 financial year, Glasgow-based AG Barr has

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£320 Million Capital Investment by UK Dairy Processors

Although 2009 was a tough year for UK dairy processors, the market fundamentals remain sound and reflecting this confidence in the long-term outlook, capital investment projects worth over £320 million

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Ardo UK Consolidates With £16 Million Development

Ardo UK is now prepared to meet the growing consumer demand for frozen foods while also improving cost competitiveness after consolidating its two UK operations into a single site at

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