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Reorganisation for PepsiCo

Following last week's acquisition of Quaker Oats, PepsiCo reshuffled its operations, consolidating overseas operations while creating new units in its North American businesses, reports the...

Organic trade fair for Japan

Nuremberg Trade Fairs organisation (NurnbergMesse) announced on Thursday that it is to extend its annual organic trade show to the Far East. The first...

Strong growth for nutraceuticals group

Australian manufacturer of pharmaceuticals and nutraceuticals FH Faulding announced this week a net profit of AU$ 106 million (Euro61.9m), a rise of 35.4 per cent...

Novo Nordisk releases H1 results

Shares of the Danish pharmaceutical group Novo Nordisk fell over five per cent yesterday afternoon on the Copenhagen stock exchange, following the release of its...

Wessanen sells Campari shares

Dutch food group Wessanen NV said on Wednesday it had reduced its stake in Italian drinks company Campari to 1.8 per cent from five per...

Nathan plan OK - NZSE says

On August 8, a New Zealand Stock Exchange (NZSE) panel approved a revised plan by the Australian brewer Lion Nathan to reduce its holding in...

French organic farming takes a break

According to the last report by the French Observatoire National de l'Agriculture biologique, an entity financed by the French ministry of Agriculture in charge of...

Functional drinks boost Hansen's results

Natural products group Hansen Natural Corp. reported record sales for its second quarter ended June 30, 2001, supported by strong growth in functional drinks lines...

Results rise for Pernod

French drinks group Pernod Ricard reported a higher-than-forecast jump in first-half turnover on Tuesday and said it should easily reach its target of 10 per...

P&G reports 1Q loss

Consumer products giant Procter & Gamble Co. on Tuesday reported its first quarterly loss in eight years after paying for massive job cuts and other...

Structure of meat giant revealed

US poultry giant Tyson Foods, Inc. this week revealed details of the new organisational structure for the combined entity of Tyson and IBP Inc. and...

Degussa focusing strategy continues

German speciality chemical giant Degussa AG announced this week the sale of its ASTA Medica Onkology business to Baxter Healthcare S.A., a Swiss subsidiary of...

Galaxy expands down under

The American producer of health-promoting food alternatives Galaxy Nutritional Foods announced that in August it would start shipping 10 of its healthy Veggie™ brand dairy...

New gums for better oral care

The American consumer products group Procter & Gamble Company and the US chewing gum company William Wrigley Jr. Company announced on August 7 an agreement...

Tesco warns about second-half slowdown

On August 6, the British supermarket group Tesco cautioned that current buoyant trading might not continue through the second half of the year, reports the...

Food safety partnership sealed

US food safety product company Neogen Corporation announced on Monday that it has completed the acquisition of Gene-Trak Systems, a supplier of foodborne pathogen detection...

Sara Lee-Earthgrains deal approved by EU

The American consumer goods company Sara Lee announced on August 6 that the European Commission has approved its acquisition of commercial baked goods maker The...

Profit for Montana

New Zealand winemaker Montana Group (NZ) Ltd on Monday announced a net profit after tax of NZ$25.8 million for the year to June 30. ...

Resealable aluminium cans soon available

The technology-enabling holding company Advanced Technology Industries Inc. has formed a wholly owned subsidiary, RESEAL Ltd., to commercialise its proprietary "RESEAL-able" packaging systems technology. ...

DMV signs agreement with US meat packers

Lactoferrin ingredients giant DMV International announced this week a joint venture agreement with US beef packing company Farmland National Beef Packing Company L.P. From August...

Heinz releases annual report

Last week, H.J. Heinz Company released its Fiscal 2001 annual report entitled "Innovation Celebration," in which it presented recent product and packaging innovations. Sales...

RFM's Cosmos valued at $281.4m

Philippine soft drink maker Cosmos Bottling Corp has been valued at $281.4m in a deal under which it will be sold to San Miguel Corp...

Eat your food in colour

H.J. Heinz Co. came out with green and more recently purple ketchups, joining numerous food manufacturers that are exploring a wide spectrum of colours in...

Tyson-IBP tender offer completed

The American poultry group Tyson Foods Inc. said it had completed its tender offer for beef processor IBP Inc., bringing closer to fruition an exhaustive...

NZ Dairy Foods demands stronger competition measures

Additional measures are needed to protect competition in the domestic New Zealand milk sector, NZ Dairy Foods said on Monday. NZ Dairy Foods is...

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