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Burns Philp on track for growth

The Australian food ingredients company Burns Philp, which almost collapsed under a mountain of debt in 1997, finalised its controversial A$240m (Euro140m) equity raising this...

Nestlé forms alliance with NZ dairy giant

Swiss food giant Nestle, is negotiating an alliance in the North and South American dairy markets with New Zealand's newly formed Fonterra Co-operative Group Ltd,...

Ahold in merger talks

Dutch supermarkets group Ahold NV is in talks with several potential acquisition or merger partners, the chief executive of the world's third largest supermarket chain...

Aarhus releases Maritex capital

Danish food and pharmaceuticals firm Aarhus Oliefabrik signed an agreement this week with Norwegian dairy company Tine Biomarin AS to increase the capital in Maritex,...

FDA Thailand criticised over ads

The Food and Drug Administration (FDA) in Thailand should limit its activities to screening food and drugs for quality and not have a say on...

Cola steps up functional drinks competition

Coca-Cola Co., facing a stiff challenge from its archrival PepsiCo Inc. in the fast-growing alternative drinks market, may be preparing to acquire the Nantucket Nectars...

China dairy market animated

China Premium Foods Corp. (Shanghai) Co. Ltd., a subsidiary of Bravo! Foods International Corp., today announced it has reached an agreement with Wonder Sun Group,...

Numico denies selling out-of-date vitamins

Dutch food group Numico NV, faced with a crumbling share price, denied on Tuesday that its food supplement unit GNC deliberately sold expired products in...

Ahold 2Q profit rise

Dutch retailer Koninklijke Ahold NV is expected to report a 21 per cent increase in second quarter net profit as solid organic growth is bolstered...

McDonalds outlets forced to close in Argentina

Argentine health authorities ordered the closure of four McDonald's fast food outlets in downtown Buenos Aires on Monday after potentially harmful bacteria was found in...

Australian organics aims for $1bln sales target

The Australian organic industry aims to quadruple production in the next five years reaching $1 billion in domestic and export sales by 2006, reports IndustrySearch...

Asda leads way in UK price war

Britain's grocery sector is about to see a wave of aggressive price cuts by retailers eager to boost their market share, industry consultants Verdict Research...

Wessanen to report lift in profit

Dutch food group Wessanen NV is expected to report a 3.3 per cent increase in first-half net profit from ordinary operations on Wednesday, in line...

Former Bass chief denies Britvic rumours

Iain Napier, the former chief executive of Bass Brewers, refused to comment on Sunday on a report that he had teamed up with Cinven to...

Hungarian beer consumption stable

Hungary's breweries hope that the decline in beer consumption will stop, and that annual sales volume will remain at last year's level of 7.4 -...

Danisco Cultor goes local

Ingredients Africa-Arabia will be held in Cairo, Egypt on September 1 to 4. It is the first international exhibition for food ingredients, additives and flavourings...

John B. Sanfilippo acquires Navarro Pecan

The American processor and distributor of shelled and in-shell nuts John B. Sanfilippo & Son, Inc. announced on August 24 that it has signed a...

Brussels Chocolates acquired by Green Fusion

Green Fusion Corporation has entered into a definitive agreement to acquire the totality of the issued and outstanding shares of the Canadian chocolate manufacturer House...

No merger yet for NatFoods

The Australian dairy group NatFoods released its full-year results on August 24 and noted that its net profits will be down at least 10 per...

Südzucker-SLS deal is on hold

On August 23, the European Commission said it had opened an in-depth, four-month probe into plans by the German sugar producer Südzucker AG to buy...

Cadbury goes forward with Orangina

On August 23, the British food and beverage group Cadbury Schweppes removed an obstacle to its takeover of Orangina-Pampryl after the works council of the...

Lion Nathan - Allied Domecq, the end of the battle

On August 24, the Australasian beverage company Lion Nathan ended a long battle for control of the New Zealand winemaker Montana Group when it said...

Anheuser Busch looks into India's beer market

The American brewing group Anheuser-Busch Cos. reportedly is interested in purchasing a 26 per cent stake in India's largest brewer United Breweries, reports the St....

Heinz & McCain acquire Anchor Foods

McCain Foods Limited will acquire the production facilities and food service business of Anchor Food Products Inc. in a three-party transaction. H.J. Heinz Company will...

Expansion in America for New Zealand Milk

New Zealand Milk has signed agreements giving it responsibility for handling 70 per cent of exports of skimmed milk powder from the United States, and...

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