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FTC clears sale of Leiner Davis to DGF Stoess

After a year of negotiations, the US Federal Trade Commission (FTC) has finally approved a new deal that allays anti-competitive fears over the proposed acquisition...

Core activity strategy pays off for Aarhus

Danish oil and fat ingredients company Aarhus Oliefabrik fell in line with market expectations this week when it reported a post-tax profit of DKK 166...

Empty promises: consumer report criticises food industry

"Premium foods are the latest attempt by supermarkets to tempt consumers." Such were the vociferous words of the UK Consumer Association (CA) this week. In...

Canadian fruit takes on world markets

Developing national standards that will help Canadian-grown apples take a bigger bite out of the marketplace is the aim of a new project that received...

Big Food Group rules out rights issue

UK company the Big Food Group, the recently renamed Iceland, on Wednesday ruled out a rights issue but warned that the costs of a £375m...

Biotech crops for food processing to see biggest growth

Agricultural biotechnology is arguably one of the most controversial scientific issues of recent decades. Agbiotech products might have the potential to feed an increasingly hungry...

Profits up for food group down under

Australian food group SPC said this week that with the benefit of the recent merger with Ardmona Foods it is expecting 2002 sales to exceed...

ConAgra, rumours of sales talks over meat units

ConAgra Foods, America's second largest food company, is reportedly in talks to sell a large chunk of its fresh beef and pork operations, a move...

Profit boosts but margin slips for Givaudan

Despite boosting 2001 net profit, Swiss flavour and fragrance company Givaudan saw its operating profit and margin slip, the group said on Wednesday. Net profit...

Functional food ad dispels myths

In a recent interview with UK newspaper the Times, Simon Clarkson, Radio Times's marketing director, explained why he likes the current ads for Benecol's cholesterol-reducing...

Australian sugar to rationalise to remain competitive

The Australian sugar industry would need to rationalise to deal with increasingly tough international competition, CSR chief executive Ian McMaster said on Tuesday, Industry Search.com...

Food marketplace reports strong revenue increase

Dotcoms in the food industry may have received a few blows in the past year but there are signs that recovery is near. This week...

Thailand pushes food exports to US

Walmart and other giant US retailers have increased their orders for Thai food products and the Thai Commerce Ministry expects exports of Thai food products...

Glanbia ingredients division boosts profits

Irish dairy products and ingredients group Glanbia reported a 9.3 per cent increase in group turnover to E2,625.41m from E2,401.74m in 2000. A boost in...

Multicolours: the new food trend

First Heinz launches multicoloured ketchups and now technicoloured doughnuts will soon hit the shelves. Dunkin' Donuts, the US doughnut and coffee chain, and Jelly Belly...

Mexican baker completes Canadian purchase

Mexico's Grupo Bimbo, the world's number three bread-maker, said on Monday it had completed a previously announced acquisition of the US baking unit of Canada's...

New branding for Cargill food

Under the theme, 'There's a new Cargill taking shape', Cargill recently announced a new brand strategy that focuses on helping farm and food customers succeed,...

San Miguel in talks with Filipino food firm

RFM Corp, the Philippines' second largest food firm, confirmed on Monday it was in preliminary talks to sell its meat processing unit Swift Foods to...

More US food heads to Cuba

Cuba, which last year took advantage of a modified US trade embargo to buy food products, passing it off as a one-time deal, is to...

Australian milk processing needs rationalisation

Australian dairy company National Foods said on Friday that it is confident of growing its revenue and market share despite the rationalisation of the milk...

Food manufacturers target adolescents

Canadian market analysts NPD Group revealed this week that Canadians in the 13 to 24 age group are becoming increasingly important to members of the...

Unilever launches ice cream chain in Spain

Anglo-Dutch consumer products group Unilever said on Thursday it plans to open 75 Ben & Jerry's stores in Spain as a first step to expand...

UK food industry works on sustainable development

The UK Food and Drink Federation (FDF) this week defined what 'sustainability' means to the UK food and drink manufacturing industry. According to an FDF...

Record margins for Nestlé

Despite the negative impact of a strong Swiss franc Swiss food group Nestle this week reported a net profit increase of 15.9 per cent to...

Cargill muscles in on trehalose market

The health food ingredients division of US agri-food giant Cargill is set to launch a new sugar ingredient onto the market, trehalose. Cargill Health and...

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