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Nutritional supplement company buys retail stores

US nutritional supplememts company, NBTY, Inc. , announced this week that it has purchased a chain of five retail stores in the Buffalo, New York...

US consumer happy with FDA

The results of the second US government-wide customer satisfaction survey released this week reveal that the consumer continues to be satisfied with the performance of...

Coke to develop kids milk market

Amid stagnating sales of carbonated beverages, Coca-Cola Co. is working on developing a line of milk-based beverages for children under 12, according to the Wall...

Japan confirms Starlink presence in human food products

The Health and Welfare Ministry in Japan confirmed on Wednesday that U.S.-grown genetically modified corn banned for consumption in Japan has been mixed with corn...

Dairy merger down under

New Zealand Dairy Group and Kiwi Co-operative Dairies, New Zealand's two dominant dairy manufacturing companies, announced plans to merge with the international marketing group, the...

Nestlé to buy Haagen-Dazs

Nestle SA, the Swiss foodmaker, announced this week that it is in talks to buy the50 per cent stake that it does not own in...

Food fraud uncovered in the UK

After three years of detective work police in the UK this week uncovered a national scandal of contaminated petfood repackaged for dinner tables, the Guardian...

ConAgra reports income increase

US food giant ConAgra Foods Inc. this week reported $302 million in net income for its second quarter, a 61 per cent increase over the...

Japan bans EU beef

Japan's Agriculture, Forestry and Fisheries Ministry said on Thursday it has decided to ban imports of European Union-produced beef, processed beef products and sperm to...

Pernod Ricard to shed assets

French drinks firm Pernod Ricard is preparing to sell at least E1bn ($890m) worth of assets to offset some of the debt it will take...

Heinz in talks to buy European food company

US food group, H.J. Heinz Co. announced Wednesday that it has begun talks to acquire a major European food company that sells soups, packaged vegetables,...

Unilever growth near forecasts

Anglo-Dutch consumer products group, Unilever, announced on Wednesday that it expected a healthy earnings growth this year. The company forecast accelerating sales in its leading...

BioProgress to work with Nestlé

BioProgress Technology International, Inc. announced this week that it has signed a Product Development Agreement with Swiss food group Nestle to develop a range of...

Red Star Yeast deal called off

Sensient Technologies Corp., Milwaukee, Wisc. announced this week that it hashalted negotiations with Paris-based Lesaffre et Compagnie regarding the saleof the company's Red Star Yeast...

Saputo buys Dairyworld Foods

US dairy and grocery manufacturer Saputo Inc announced this week that it hasenteredinto an agreement to acquire the fluid-milk and cheese operations, and certainjoint-venture interests...

Danisco sells potato activities

Danish food, sugar and packaging group Danisco said on Monday it had agreed tosell Danisco Foods' frozen potato activities in the Netherlands to Dutch-U.S.firm Lamb...

UN launches central data point for GMO's

The United Nations is to launch a centre for the exchange of information ongenetically modified organisms (GMO's) and biosecurity, this is the outcome ofan international...

AACC announces food rheology award

The American Association of Cereal Chemists awarded its G.W. Scott BlairMemorial Award for Excellence in Food Rheology to Anandha 'Andy' Rao,professor of Food Engineering in...

Tesco hits Malaysia

Tesco, the UK's largest supermarket group, has found a joint venture partnerin Malaysia, announcing plans on Friday to invest £215m in its fourth Asianmarket, the...

BASF to invest further in vitamins

BASF, the German chemicals giant, announced recently that it will build newvitamins capacity in Europe and expand its plants, providing it withfacilities in the region...

Drastic reduction in production for French beef processor

French beef processor Charal reported a loss of 100 million French Francs inNovember because of the crisis over bovine spongiform encephalopathy. Turnoverin November dropped by...

Novartis buys BASF pharmaceuticals

BASF, the German chemicals group, has agreed to sell its genericpharmaceuticals activities to Novartis for Euro 115 million, La Tribunereports this week. BASF employs staff...

Opportunities for beef imports to Korea

The World Trade Organisation (WTO) appellate body this week upheld a previousdecision that a range of measures on the import, distribution, and retail saleof imported...

Boom time for New Zealand dairy industry

New Zealand?s dairy industry reported record exports during November, strongdemand abroad and thriving milk production are likely reasons for such healthyfigures. Last month, the number...

Franco-British team favourites for Seagram drinks

In the auction for Canadian drinks company, Seagram, the Franco-British teammay be the favourite. This week British group Allied Domecq pulled out of thebidding leaving...

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