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Tyson - IBP forced to go ahead

US poultry giant Tyson Foods Inc. on Monday said it met with US beef and pork processor IBP Inc. over the weekend to work on...

New ingredients division for US flavour company

US flavour company Technology Flavors & Fragrances, Inc. (TFF) announced this week the formation of an Ingredients Division. TFF claims that the new Ingredients...

UK ethnic food maker reports profit rise

Britain's WT Foods Plc, the target of a management buyout offer, said on Tuesday it was trading in line with expectations. The company, one...

Performance boost for Fyffes

Irish fruit importer Fyffes Plc said on Monday it had made a positive start to the year, boosted by improved conditions in the banana market,...

P&G restructuring proves to be costly

On June 15, Procter & Gamble, the consumer products giant, reported that further restructuring charges will lead to a net loss for the next quarter,...

CampaMed LLC now part of Optigenix joint venture

On June 14, Optigenix International, a joint venture between DB Capital Management, an American investment company, and Optigene-X, LLC, a company providing anti-aging nutraceuticals, announced...

A yes vote for NZ dairy merger

Farmer shareholders of New Zealand's major dairy processors, NZ Dairy Group and Kiwi Co-operative Dairies, on Monday approved plans to merge most of the New...

Innovative flavours improve market success

Innovative flavourings have become the key to success in the Thai instant noodle market, say executives of Thai Preserved Food Factory Co, makers of Wai...

Unilever warns UK about Euro policy

Niall FitzGerald, chairman of Unilever, the Anglo-Dutch consumer product giant, has called on Tony Blair to clarify his policy on euro entry within a year,...

Mini or massive, says new Hershey Foods CEO

The new chief executive officer of US confectionery company Hershey Foods Corp. has some simple advice for the company: "Make it bite-sized or big". ...

International activities boosted Tesco's results

Tesco, the British supermarket group, reports a 14 per cent increase in sales during the first quarter of 2001, due to strong international sales and...

Hungarian food maker reports profit increase

Hungarian canned food maker Globus on Monday posted a pre-tax profit of 327.6 million forints ($1.15 million) in the first five months, compared with a...

P&G slims down fat substitute

Consumer products giant Procter & Gamble Co. will cut back capacity on the controversial fat substitute Olean, which never lived up to the company's expectations,...

John Lewis investing in online food retail

The British department store and supermarket group, John Lewis Partnership, is to increase its investment in Ocado, the Internet food retailer, as part of a...

Unilever to sell Iberia foods

Anglo-Dutch consumer products company Unilever said on Thursday that it plans to sell its Iberia Foods Corp., a food distributor for the Hispanic-American market, as...

Australian ingredients firm to raise equity

Shareholders in Australian food ingredients group Burns, Philp & Co Ltd backed a controversial A$240 million equity raising at an extraordinary general meeting on Friday....

Nestlé on way to restructuring

Starting early next year, Nestle will launch a wide-ranging restructuring to start in Switzerland, Chile, Bolivia, Peru, Malaysia and Singapore, where the group management wants...

Horizon Organics takeover in the air

Horizon Organic Holding Corp., a maker of organic dairy products, may be the subject of takeover discussions because of its strong growth prospects and relatively...

Companies court food equipment maker

British food equipment maker Enodis Plc, tipped as a takeover target this week, revealed on Thursday it had received a number of inquiries about a...

Soy milk producer takes Suiza to court

US soy milk producer White Wave Inc. has filed suit against Suiza Foods Corp. and Dean Foods Co. claiming Suiza's planned $1.5 billion acquisition of...

Coffee destruction plan in progress

Presidents from Mexico and Central American nations could sign executive agreements on Friday to support a Latin American coffee destruction plan, El Salvador President Francisco...

Perrier investing in Tennessee's waters

The French water company Perrier announced it is buying one of several springs in Tennessee, US. The deal was finalised last week and the water...

Starlink given allergy all clear

The U.S. Centers for Disease Control said on Wednesday it found no evidence linking an unapproved bioengineered corn variety to allergic reactions reported by dozens...

Sara Lee announces job cuts

In its latest effort to cut costs and consolidate operations, Chicago-based food and consumer goods maker Sara Lee Corp. plans to trim nearly 10 per...

Kerry Group acquired San Giorgio Flavors

The French beverage group Pernod-Ricard has finalised the sale of its Italian branch San Giorgio Flavors to Kerry Group, the Irish food ingredients company, reports...