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Wessanen buys health food company

Dutch food group Wessanen NV said on Wednesday it had agreed to buy German health food company Corposan Holding .Wessanen did not disclose how much...

Nestlé India and market slowdown

Leading food and beverage firm Nestle India Ltd has said in its annual report it was hopeful of continued good results in 2001 but it...

Kraft raises $8.7bn from IPO

Kraft Foods Inc., the largest U.S. food company, raised $8.7 billion on Tuesday in the second-largest U.S. initial public offering ever, winning investor favour as...

Cadbury's sheds Royal Crown

UK confectionery and soft drinks group Cadbury Schweppes Plc said on Wednesday it was selling its Royal Crown Cola's international business and label concentrate supply...

Golden Vale snubs Kerry offer

Irish food group and takeover target Golden Vale said on Wednesday that cost pressures would result in lower margins in the first half but that...

Hain Celestial buys meat alternatives

US natural and organic group, The Hain Celestial Group,Inc. announced on Monday that it had acquiredprivately-held Yves Veggie Cuisine Inc., a US manufacturer and distributor...

Meat lobbying group calls for EU support

The European Union's meat processing liaison group, Clitravi, has called on the European Commission for more support to boost the industry following foot and mouth...

Profit from Baby boomers

U.S. marketers are setting their sights on new targets: baby boomers and families headed by women, the Detroit Free Press reports this week. Baby...

Rémy rationalises its operations

The French drink group Rémy Cointreau, may divest some brands following its Euro 510m acquisition of the Dutch producer of Blue Curacao Bols, the Financial...

DuPont expands soy activities in China

As part of its strategy to expand its soy protein business in Asia, DuPont, the American company providing scientific solutions in food and nutrition, announced...

New juice and tea blending drink

The American beverage company PepsiCo Inc., moving to expand its portfolio of noncarbonated beverages, announced it is introducing a new drink through a joint venture...

SoyLife expands production facilities

Schouten Products,a full subsidiary of the the Dutch Royal Schouten Group NV is building a new plant for the production of SoyLife® soy germ isoflavone...

Delay for Quaker, PepsiCo deal

On June 8, the American food and beverage company Quaker Oats Company announced that it and PepsiCo, Inc., the American soft drink maker, are still...

First BSE case in Eastern Europe

The second test on a Czech cow suspected of having madcow disease was positive, Agriculture Minister Jan Fencl said on Friday, confirming the first case...

Brazilian stores joining world network

The French retail group Carrefour is embarking on a US$ 2.950m information technology management project, which will link its Brazilian stores to its worldwide network,...

Good coffee at home too

After years of exporting the best coffee, Brazilian consumers will finally be able to drink it too. Brazilian coffee producers have finally realised that Brazilians...

Bid on WT Foods

A bid for WT Foods, the British ethnic foods supplier, valuing the company at about US$ 104.9m is being prepared by management led by Keith...

Brazilian chicken exports hit record high

The mad cow and hoof-and-mouth diseases affecting the beef trade worldwide added to the higher dollar and good harvests of corn and soybean in Brazil,...

Indian food market offers great opportunities

Steady nerves and unwavering commitment are just some of the prerequisites for food and agricultural companies wanting to establish themselves in the Indian market, according...

Tate & Lyle moves away from US sugar market

The British sugar processor Tate & Lyle announced on June 7 the sale of the Western Sugar Company to the American sugar company Rocky Mountain...

Campari setting up IPO

The Italian beverage group Campari is to launch an initial public offering in the near future that could value the maker of the bitter aperitif...

French poultry production rises 1 per cent

Poultry production in France rose 1 per cent in 2000 to 2.25 million tons carcass weight equivalent, according to figures from Agreste, the statistics department...

Sainsbury reaches out for international investors

The British supermarket chain J Sainsbury is to sell euro-denominated and sterling-denominated bonds to broaden its investor base beyond domestic accounts, reports eFinancial News. ...

ADM swaps stakes with AGP

The American grain processing giant Archer Daniels Midland Co. claims it is to acquire Ag Processing Inc.'s stake in the U.S. and Caribbean operations of...

More sauces and soups for Heinz

H.J. Heinz Co. announced on June 6 that it would acquire the pasta sauce, dry bouillon and soup businesses from Borden Foods Corporation, the American...

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