A stronger second half performance has helped global alcoholic drinks giant Diageo to increase reported operating profit by 6.5% to £2.574b, aied by exchange rate movement, for the year ended
Tag "Europe"
EU-27 demand for organic products continues to grow. The European organic consumer market is the biggest in the world, and was worth about $26b in 2008. The largest markets are
Global brewer Heineken has produced a strong first half performance but remains cautious on the development of beer consumption in Europe and the US due to continued weak consumer spending
Netherlands-based Refresco, Europe’s leading manufacturer of private label soft drinks and fruit juices, is to acquire Soft Drinks International, a German producer of soft drinks and water, for an undisclosed
Benefiting from deeper penetration in emerging markets of the world, the continued success of its premium products in both developing and developed markets and extra marketing investment, Nestle has increased
Private equity group CVC Capital Partners is acquiring a majority stake in Autobar Group from Charterhouse Capital Partners, which will retain a significant minority stake. Autobar is one of Europe’s
Unilever has reported a 35% increase in net profit to Eur2.21b on turnover ahead by 9.7% to Eur21.89b with underlying sales growth of 3.8% for the first half of 2010.
Thai Union Frozen Products, Thailand’s major processor and exporter of canned and frozen seafood, is acquiring MW Brands, Europe’s leading canned seafood company, for an enterprise value of Eur680m from
Coca-Cola Hellenic, which is one of the largest bottlers of Coca-Cola products in the world and the biggest in Europe, has reported stable net profit of Eur201m for the six
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
Europastry is investing Eur20m this year to expand its production and logistics capacity in Spain. The Spanish and international bakery group is spending Eur12m on a third production line for
Refresco Iberia has installed a new line for cans at its production plant in Marcilla, in the north of Spain. The canning line is producing carbonated soft drinks and still
Global food and industrial ingredients group Tate & Lyle has fully commissioned its new Sta-Lite Polydextrose line in Koog, the Netherlands. The new facility, which is the first of its
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
Netherlands-based dairy multinational Royal FrieslandCampina, which operates production plants in 24 countries and markets its products in more than 100 countries, has unveiled its new strategic plans and priorities for
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