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Tag "European Union"

New Regulation For the Sustainable Management of Baltic Salmon

The European Commission has proposed a new regulation establishing a multiannual plan for the sustainable management of Baltic salmon. Scientific advice indicates that stocks in some of the approximately 30

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Eckes-Granini Continues International Expansion

    Eckes-Granini Continues International Expansion

German beverages producer Eckes-Granini Group is planning a fruit juices joint venture with Turkish firm Yildiz Holding. Eckes-Granini is one of the leading fruit juice producers in Europe and generated

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New Wine Trade Agreement Between EU and Australia

    New Wine Trade Agreement Between EU and Australia

A new agreement governing the Eur700 million wine trade between Australia and the European Union comes into force today (1st September 2010). Replacing an earlier one signed in 1994, the new

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AB InBev Loses EU Trade Mark Decision

    AB InBev Loses EU Trade Mark Decision

The European Court of Justice, the top court in the European Union, has upheld earlier rulings by the European trade mark office and the European Court of First Instance which

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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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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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Austrian Dairy Merger

    Austrian Dairy Merger

Austria’s largest and fourth biggest dairy groups, Berglandmilch and Tirol Milch respectively, are planning to merge. The deal is subject to agreement by the two companies’ 16,000 dairy farmer members

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Emmi Strengthens Position in Swiss Cheese

    Emmi Strengthens Position in Swiss Cheese

Emmi has consolidated its position within the Swiss cheese market following approval of its proposed acquisition of Fromalp by the competition authority. Fromalp, which specialises in the manufacture and distribution

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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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Dairy Crest Reduces stake in Wexford Creamery

Dairy Crest has reduced its stake in its Irish dairy joint venture, Wexford Creamery, from 80% to 30%. Wexford Milk Producers, Dairy Crest’s partner in Wexford Creamery, has increased its

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Danone Bolsters US Medical Nutrition Business

    Danone Bolsters US Medical Nutrition Business

Danone is acquiring Medical Nutrition USA for $ 62m in cash. MNI introduced the concept of liquid protein supplements for elderly people in the US long-term care market in 2003.

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Valio Opens New €40m Butter Plant in Finland

    Valio Opens New €40m Butter Plant in Finland

Finnish dairy group Valio has officially opened a new Eur40m butter facility at its plant at Seinajoki. According to Valio, the new 100,000 tons per annum production unit is the

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Carlsberg to Increase Stake in Chinese Brewer

    Carlsberg to Increase Stake in Chinese Brewer

Carlsberg is increasing its shareholding in Chongqing Brewery Co from 17.5% to 29.7%. The purchase price for the 12.25% stake in CBC is approximately RMB2.385b (DKr 2.1b) in total. With

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Private Equity Group Grabs Plum Baby

Darwin Private Equity has completed the acquisition of UK organic baby food business Plum Baby for £10m. Launched in 2006 by Susie Willis, Plum has pioneered the premium baby food

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R&R Ice Cream Increases Presence in Mainland Europe

    R&R Ice Cream Increases Presence in Mainland Europe

R&R Ice Cream, with operations in the UK and Germany, is expanding its international business with the proposed acquisition of Rolland, the third largest ice cream manufacturer in France, for

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Sodiaal Closes in on Acquisition of Entremont Alliance

French dairy group Sodiaal has reached a preliminary agreement to acquire Entremont Alliance, its loss making rival. The deal would create the fourth largest dairy group in Europe with combined

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Raisio Launches Benecol Bread in Romania

Finnish food group Raisio has introduced Dobrogea Benecol, a cholesterol lowering bread, in the Romanian market. Launched by Raisio’s Romanian partner Doprogea Grup, Benecol bread is the first cholesterol-lowering foodstuff

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Danone and Unimilk to Create Leading Dairy Business in Russia and the CIS

    Danone and Unimilk to Create Leading Dairy Business in Russia and the CIS

Global food giant Danone is to merge its fresh dairy products business in the CIS area with Unimilk, Russia’s second largest manufacturer of dairy products and baby food. Established in

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Cognac Fortifies Remy Cointreau

    Cognac Fortifies Remy Cointreau

Helped by a strong performance from its cognac division, French drinks group Remy Cointreau has reported a 7.2% organic growth (2.2% on a published basis) in operating profit to Eur140m

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Britvic Completes €237m French Acquisition

    Britvic Completes €237m French Acquisition

In line with its ambitions to expand internationally, UK-based Britvic has acquired Fruite, an independent French soft drinks producer with market leading positions in syrups and ambient juice with brands

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