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Tag "Sweden"

Acquisition of Skanemejerier by Lactalis Approved

    Acquisition of Skanemejerier by Lactalis Approved

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the Swedish dairy products and fruit juices company Skanemejerier by French dairy giant Lactalis. The Commission

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Barry Callebaut Extends Swedish Production Site

    Barry Callebaut Extends Swedish Production Site

Barry Callebaut, the world’s leading manufacturer of cocoa and chocolate products, has inaugurated an extension to its dedicated spray-drying production facility in Kagerod in southern Sweden. This SFr10 million (Eur8

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Arla Foods and Milko Hold Merger Talks

    Arla Foods and Milko Hold Merger Talks

The boards of Milko and Arla Foods are discussing a proposed merger of the two Scandinavian dairy co-operatives. Following an unsatisfactory profit performance in 2011 and in order to avoid

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Arla Foods to Invest DKr615 Million in Cheese Production

    Arla Foods to Invest DKr615 Million in Cheese Production

Arla Foods is to rationalise its yellow cheese production to counter international competition and declining milk volumes in Sweden. The Scandinavian dairy group’s restructuring plan aims at consolidating part of

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Interim Profits Plunge at Cloetta

    Interim Profits Plunge at Cloetta

Falling sales volumes and a decrease in contract manufacturing coupled with rising raw material prices, which weakened margins, have adversely impacted on the financial performance of Swedish confectionery manufacturer Cloetta

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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 a co-operation agreement to coordinate their procurement activities in several

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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 by the boards of the two companies has now been

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Interim Profit Surges at Arla Foods But a Challenging Autumn Ahead

    Interim Profit Surges at Arla Foods But a Challenging Autumn Ahead

Increased prices in the global market, rising foreign exchange rates as well as strict control of costs have allowed Scandinavian dairy group Arla Foods to post a hugely increased profit

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Mixed Interim Results at Lotus Bakeries

Belgium-based biscuits and cakes manufacturer Lotus Bakeries increased current operating profit by 8.8% to Eur17.5m in the first half of 2010 as consolidated turnover edged up 1% to Eur127.2m. On

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Findus Group Targets Growth in Nordic Region

    Findus Group Targets Growth in Nordic Region

Findus Group, one of Europe’s largest frozen food and seafood companies, has appointed Jari Latvanen, formerly with Nestle, to head its new, dedicated business unit covering the Nordic region. The

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Unilever Acquires Danish Ice Cream Business From TINE

    Unilever Acquires Danish Ice Cream Business From TINE

Unilever is acquiring Diplom-Is, a Danish ice cream business, from TINE, the Norwegian dairy group, for an undisclosed price. Employing 30 people, Diplom-IS operates five local distribution centers in Denmark.

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Major Dairy Rationalisation at Milko

Milko, one of Sweden’s largest dairy companies, is to close down two of its four processing plants. Milko plans to shut its facilities in Karlstad and Sundsvall next year, resulting

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Arla Foods Invests For Growth

    Arla Foods Invests For Growth

Having been forced by the severe economic environment in 2009 to make cuts across its business, Arla Foods has substantially increased its investment budget for 2010 to DKr1.84 billion (Eur250

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